NOT LISTED FOR SALE

5101 Melrose Ave Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $111,000 - $148,000

2 Beds
1 Bath
990 Sq Ft
$134/Sq Ft Est. Value

About This Home

This home is located at 5101 Melrose Ave, Indianapolis, IN 46241 and is currently estimated at $132,590, approximately $133 per square foot. 5101 Melrose Ave is a home located in Marion County with nearby schools including Maplewood Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2008
Sold by
Owens Bonnie R
Bought by
King Gregory R
Current Estimated Value
$132,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
6.11%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
King Gregory R -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Gregory R $82,660
Closed King Gregory R $82,475
Closed King Gregory R $82,350
Closed King Gregory R $69,121
Closed King Gregory R $70,292
Closed King Gregory R $75,084
Closed King Gregory R $73,570
Closed King Gregory R $69,500
Previous Owner Owens Bonnie R $58,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,024 $88,100 $8,900 $79,200
2023 $1,024 $88,900 $8,900 $80,000
2022 $878 $81,900 $8,900 $73,000
2021 $407 $40,200 $8,900 $31,300
2020 $335 $33,900 $8,900 $25,000
2019 $334 $33,900 $8,900 $25,000
2018 $341 $37,000 $8,900 $28,100
2017 $347 $37,500 $8,900 $28,600
2016 $396 $42,100 $8,900 $33,200
2014 $284 $42,400 $8,900 $33,500
2013 $288 $42,400 $8,900 $33,500
Source: Public Records

Map

Indiana Marion County Indianapolis 46241 Stout Field

5101 Melrose Ave, Indianapolis, IN

This home is located at 5101 Melrose Ave, Indianapolis, IN 46241 and is currently estimated at $132,590, approximately $133 per square foot. 5101 Melrose Ave is a home located in Marion County with nearby schools including Maplewood Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University High School.

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