NOT LISTED FOR SALE

Estimated Value: $293,000 - $331,000

2 Beds
2 Baths
1,861 Sq Ft
$166/Sq Ft Est. Value

About This Home

This home is located at 5151 Melville Way, Indianapolis, IN 46239 and is currently estimated at $309,834, approximately $166 per square foot. 5151 Melville Way is a home located in Marion County with nearby schools including Franklin Central High School and Nativity Catholic School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2021
Sold by
Hancock Marcia A
Bought by
Hancock Michael L and Hancock Marcia A
Current Estimated Value
$309,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$183,898
Interest Rate
3.09%
Estimated Equity
$125,936

Purchase Details

Closed on
Dec 8, 2021
Sold by
Hancock Marcia A and Anness Marcia A
Bought by
Hancock Michael L and Hancock Marcia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$183,898
Interest Rate
3.09%
Estimated Equity
$125,936

Purchase Details

Closed on
Sep 11, 2007
Sold by
Village Of New Bethel Llc
Bought by
Hasen & Horn Inc
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
Hancock Michael L -- None Available
Hancock Michael L -- None Listed On Document
Hasen & Horn Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hancock Michael L $200,000
Closed Hancock Michael L $200,000
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 $2,683 $268,200 $38,800 $229,400
2023 $2,683 $257,700 $38,800 $218,900
2022 $4,986 $241,800 $38,800 $203,000
2021 $2,288 $218,600 $38,800 $179,800
2020 $2,142 $204,300 $38,800 $165,500
2019 $2,017 $192,000 $28,400 $163,600
2018 $1,968 $187,400 $28,400 $159,000
2017 $1,844 $175,200 $28,400 $146,800
2016 $1,793 $170,300 $28,400 $141,900
2014 $1,786 $178,600 $28,400 $150,200
2013 $1,786 $178,600 $28,400 $150,200
Source: Public Records

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