Discover an inviting, move-in-ready home, ideally located in Marion County just 9 minutes (3.5 miles) from Butler University. This well-maintained single-family ranch offers both comfortable living and outstanding flexibility - making it a perfect option for a Butler student or an owner looking to offset expenses with rental income. Step into a thoughtfully designed kitchen where shaker cabinets, a stylish backsplash, and a peninsula with bar seating create the ideal space for everyday meals or entertaining. The adjoining living room invites you to unwind by the cozy fireplace, perfect for relaxing evenings or gathering with friends. The primary bedroom serves as a private retreat, complete with an ensuite bathroom and elegant crown molding. Two additional bedrooms provide excellent opportunities for roommates, home office space, or guest accommodations - offering strong potential for extra rental income. Outside, enjoy a charming front porch ideal for morning coffee or evening sunsets. The fully fenced backyard offers privacy and room to relax or entertain, featuring a fire pit for memorable nights outdoors and a storage shed for added convenience. Situated on a generous 13,983 sq ft lot, this 1,547 sq ft ranch-style home, built in 1960, blends classic charm with modern updates in a prime location close to shopping, dining, and campus life. A versatile property with lifestyle appeal and investment potential-this is one you won't want to miss.
Active
$300,000
4416 Melbourne Rd, Indianapolis, IN 46228
3beds
1,547sqft
Est.:
Residential, Single Family Residence
Built in 1960
0.32 Acres Lot
$-- Zestimate®
$194/sqft
$6/mo HOA
What's special
Cozy fireplaceFire pitStylish backsplashStorage shedTwo additional bedroomsCharming front porchThoughtfully designed kitchen
- 15 days |
- 675 |
- 32 |
Zillow last checked: 8 hours ago
Listing updated: January 11, 2026 at 02:30pm
Listing Provided by:
Wendy Vivirito 317-603-5548,
Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID,MLS#: 22079018
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 2
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Bedroom 3
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9x9
Breakfast room
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10x8
Dining room
- Level: Main
- Area: 135 Square Feet
- Dimensions: 15x9
Family room
- Level: Main
- Area: 252 Square Feet
- Dimensions: 18x14
Great room
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Kitchen
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Oven, Refrigerator, Washer
Features
- Attic Access, Hardwood Floors, Eat-in Kitchen, High Speed Internet
- Flooring: Hardwood
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 1,547
- Total interior livable area: 1,547 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Covered
- Fencing: Fenced,Full
Lot
- Size: 0.32 Acres
- Features: Mature Trees
Details
- Additional structures: Barn Mini
- Parcel number: 490617124018000600
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
- Subdivision: Northern Estates
HOA
- Has HOA: Yes
- HOA fee: $75 annually
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $252,300
- Annual tax amount: $2,830
- Date on market: 1/9/2026
- Cumulative days on market: 139 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Listed for sale | $300,000-4.6%$194/sqft |
Source:  MIBOR as distributed by MLS GRID #22079018 Report a problem | ||
| 1/5/2026 | Listing removed | $314,500$203/sqft |
Source: MIBOR as distributed by MLS GRID #22060691 Report a problem | ||
| 10/27/2025 | Price change | $314,500-3.2%$203/sqft |
Source: MIBOR as distributed by MLS GRID #22060691 Report a problem | ||
| 9/5/2025 | Price change | $325,000-1.2%$210/sqft |
Source: MIBOR as distributed by MLS GRID #22060691 Report a problem | ||
| 7/3/2025 | Listed for sale | $329,000+42%$213/sqft |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,503 +30.4% | $252,300 +0.8% |
| 2023 | $1,919 +45.3% | $250,200 +30.4% |
| 2022 | $1,321 +1.1% | $191,800 +45.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,785/mo
Principal & interest
$1434
Property taxes
$240
Other costs
$111
Climate risks
Neighborhood: Snacks-Guion Creek
Nearby schools
GreatSchools rating
- 4/10Guion Creek Elementary SchoolGrades: K-5Distance: 1 mi
- 4/10Guion Creek Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Pike High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Guion Creek Elementary School
- Middle: Guion Creek Middle School
- High: Pike High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
