Welcome to 5234 Melbourne Rd, your perfect starter home! This inviting 3-bedroom, 2.5-bath home offers over 1,500 sqft of living space and everything you need to create lasting memories. Brand new HVAC. Step inside to a spacious living room that's perfect for relaxing or entertaining. The home also features a cozy family room with a charming wood-burning fireplace, ideal for those chilly Indiana evenings. The open kitchen offers plenty of room to prepare meals, with ample countertop and storage space. The highlight of this property is the large backyard that overlooks a serene pond, providing a peaceful escape right at home. Whether you enjoy gardening, outdoor gatherings, or just relaxing in nature, this backyard offers endless possibilities. With plenty of room to personalize and make it your own, this home is the perfect canvas for your creative touch. Located in a friendly and quiet neighborhood, with easy access to local amenities and schools, this home has it all. Don't miss out on this opportunity to own your first home! Schedule a showing today and start your next chapter at 5234 Melbourne Rd.
Active
Price cut: $5K (4/26)
$255,000
5234 Melbourne Rd, Indianapolis, IN 46228
3beds
1,540sqft
Est.:
Residential, Single Family Residence
Built in 2000
6,534 Square Feet Lot
$254,000 Zestimate®
$166/sqft
$20/mo HOA
What's special
Charming wood-burning fireplaceCozy family roomOpen kitchen
- 41 days |
- 879 |
- 81 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listing Provided by:
Basim Najeeb 317-657-2442,
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 22091398
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 14X13
Bedroom 2
- Level: Upper
- Area: 117 Square Feet
- Dimensions: 13X9
Bedroom 3
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 11X10
Family room
- Level: Main
- Area: 280 Square Feet
- Dimensions: 20X14
Kitchen
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15X15
Living room
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15X15
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Disposal, Exhaust Fan, Electric Oven, Refrigerator, Washer
Features
- Attic Access
- Has basement: No
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,540
- Total interior livable area: 1,540 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- On waterfront: Yes
Lot
- Size: 6,534 Square Feet
Details
- Additional structures: Storage
- Parcel number: 490608128011000600
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl With Brick, Brick
- Foundation: Slab
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2000
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Morningside
HOA
- Has HOA: Yes
- HOA fee: $235 annually
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $166/sqft
- Tax assessed value: $234,900
- Annual tax amount: $2,630
- Date on market: 3/27/2026
- Cumulative days on market: 42 days
Estimated market value
$254,000
$241,000 - $267,000
$1,914/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/26/2026 | Price change | $255,000-1.9%$166/sqft |
Source:  MIBOR as distributed by MLS GRID #22091398 Report a problem | ||
| 3/27/2026 | Listed for sale | $260,000+2%$169/sqft |
Source: MIBOR as distributed by MLS GRID #22091398 Report a problem | ||
| 7/29/2025 | Listing removed | $254,900$166/sqft |
Source: MIBOR as distributed by MLS GRID #22044915 Report a problem | ||
| 7/15/2025 | Price change | $254,900+1.6%$166/sqft |
Source: MIBOR as distributed by MLS GRID #22044915 Report a problem | ||
| 6/19/2025 | Price change | $250,900-3.8%$163/sqft |
Source: MIBOR as distributed by MLS GRID #22044915 Report a problem | ||
| 6/15/2025 | Price change | $260,900-3.3%$169/sqft |
Source: MIBOR as distributed by MLS GRID #22044915 Report a problem | ||
| 6/13/2025 | Listed for sale | $269,900+3.8%$175/sqft |
Source: MIBOR as distributed by MLS GRID #22044915 Report a problem | ||
| 10/6/2024 | Listing removed | $260,000-1.9%$169/sqft |
Source: MIBOR as distributed by MLS GRID #22001725 Report a problem | ||
| 9/20/2024 | Listed for sale | $265,000+108.7%$172/sqft |
Source: MIBOR as distributed by MLS GRID #22001725 Report a problem | ||
| 4/28/2017 | Sold | $127,000-0.7%$82/sqft |
Source: MIBOR as distributed by MLS GRID #21469096 Report a problem | ||
| 3/28/2017 | Pending sale | $127,900$83/sqft |
Source: Carpenter Realtors, Inc. #21469096 Report a problem | ||
| 3/3/2017 | Listed for sale | $127,900+18.4%$83/sqft |
Source: Carpenter, REALTORS #21469096 Report a problem | ||
| 1/22/2016 | Listing removed | $1,200$1/sqft |
Source: Owner Report a problem | ||
| 1/19/2016 | Listed for rent | $1,200$1/sqft |
Source: Owner Report a problem | ||
| 2/23/2015 | Listing removed | $1,200$1/sqft |
Source: Owner Report a problem | ||
| 1/22/2015 | Listed for rent | $1,200+2.1%$1/sqft |
Source: Owner Report a problem | ||
| 5/30/2014 | Listing removed | $1,175$1/sqft |
Source: Owner Report a problem | ||
| 5/29/2014 | Price change | $1,175-2.1%$1/sqft |
Source: Owner Report a problem | ||
| 5/20/2014 | Price change | $1,200-4%$1/sqft |
Source: Owner Report a problem | ||
| 5/5/2014 | Listed for rent | $1,250$1/sqft |
Source: Owner Report a problem | ||
| 11/30/2007 | Sold | $108,000-6%$70/sqft |
Source: MIBOR as distributed by MLS GRID #2748558 Report a problem | ||
| 3/23/2004 | Sold | $114,900$75/sqft |
Source: MIBOR as distributed by MLS GRID #2355421 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,338 +11.5% | $234,900 +0.5% |
| 2023 | $2,096 +37.4% | $233,800 +11.5% |
| 2022 | $1,525 +3.2% | $209,600 +37.4% |
| 2021 | $1,478 +17.7% | $152,500 +3.2% |
| 2020 | $1,256 +24.5% | $147,800 +15.5% |
| 2019 | $1,009 -2.9% | $128,000 +14.9% |
| 2018 | $1,039 +4.3% | $111,400 -0.1% |
| 2017 | $997 +17.4% | $111,500 +5.1% |
| 2016 | $849 +9.4% | $106,100 +9.4% |
| 2014 | $777 +11.4% | $97,000 |
| 2013 | $697 | $97,000 +1% |
| 2012 | $697 | $96,000 -0.6% |
| 2011 | -- | $96,600 -8.3% |
| 2010 | $745 -5.1% | $105,400 -4.4% |
| 2009 | $785 | $110,200 +2.7% |
| 2007 | -- | $107,300 -4.4% |
| 2006 | -- | $112,200 +0.9% |
| 2005 | -- | $111,200 |
| 2003 | -- | $111,200 +51.3% |
| 2002 | -- | $73,500 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,498/mo
Principal & interest
$1274
Property taxes
$204
HOA Fees
$20
More affordability tools
Climate risks
Neighborhood: Snacks-Guion Creek
Nearby schools
GreatSchools rating
- 4/10Guion Creek Elementary SchoolGrades: K-5Distance: 0.7 mi
- 4/10Guion Creek Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Pike High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Marion County
- Indianapolis
- 46228
- Snacks-Guion Creek
- 5234 Melbourne Rd
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