NOT LISTED FOR SALE

5128 Melrose Ave Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $131,000 - $198,000

2 Beds
2 Baths
1,976 Sq Ft
$91/Sq Ft Est. Value

About This Home

This home is located at 5128 Melrose Ave, Indianapolis, IN 46241 and is currently estimated at $179,064, approximately $90 per square foot. 5128 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 4, 2019
Sold by
5128 Melrose Ave Land Trust
Bought by
Kleppen Gary Lee
Current Estimated Value
$179,064

Purchase Details

Closed on
Jun 19, 2018
Bought by
Sue Emory Dorothy

Purchase Details

Closed on
Jun 4, 2018
Bought by
Kleppen Gary Ii Lee

Purchase Details

Closed on
Jun 16, 2010
Sold by
Bridwell Jennifer
Bought by
Needham Fund Llc

Purchase Details

Closed on
Jan 30, 2010
Sold by
5128 Melrose Avenue Land Trust
Bought by
Emory Dorothy Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
9.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Kleppen Gary Lee -- None Available
Sue Emory Dorothy -- --
Kleppen Gary Ii Lee $9,900 --
Needham Fund Llc $1,101 None Available
Needham Fund Llc $5,008 None Available
Emory Dorothy Sue $15,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emory Dorothy Sue $13,000
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 $1,850 $150,800 $8,900 $141,900
2023 $1,850 $152,400 $8,900 $143,500
2022 $1,716 $139,700 $8,900 $130,800
2021 $1,496 $105,900 $8,900 $97,000
2020 $1,199 $86,400 $8,900 $77,500
2019 $1,268 $91,300 $8,900 $82,400
2018 $1,013 $80,100 $8,900 $71,200
2017 $1,977 $79,400 $8,900 $70,500
2016 $1,939 $77,900 $8,900 $69,000
2014 $1,603 $79,300 $8,900 $70,400
2013 $757 $79,300 $8,900 $70,400
Source: Public Records

Map

Indiana Marion County Indianapolis 46241 Stout Field

5128 Melrose Ave, Indianapolis, IN

This home is located at 5128 Melrose Ave, Indianapolis, IN 46241 and is currently estimated at $179,064, approximately $90 per square foot. 5128 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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