4416 Melbourne Rd

1,547 Sq. Ft.
$194 / Sq. Ft.
1,547
Sq. Ft.
$194
per Sq. Ft.

Description

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....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.
  1. Listed by Wendy Vivirito • Keller Williams Indpls Metro N

Property Details for 4416 Melbourne Road

Architectural Style
Ranch, Traditional
Subdivision Name
Northern Estates
Township
Pike
LISTING UPDATED: 01/11/2026 05:30 PM

Property Details for 4416 Melbourne Road

StatusActive
MLS #22079018
Days on Market14
Taxes$1,415 semi-annually
HOA Fees$75 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1960
Lot Size0.32 AC / 13,939 SF
CountyMarion County

Location

Listing Courtesy of Keller Williams Indpls Metro N
Add your commute

Building Information for 4416 Melbourne Road

Stories-Year Built1960Building Size-Lot Size0.32 AC / 13,939 SF

Payment Calculator

$1,704 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,462

Property Taxes

$236

HOA Dues

$6

The Payment Calculator is for illustrative purposes only.

Property Information for 4416 Melbourne Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: Meridian St to Kessler Blvd Dr. Turn west. Continue to Knollton Rd & turn left. Turn right on 44th St & on W Kessler Blvd N Drive. Turn right on Sylvan St then left on Brisbane Rd. Turn right on Melbourne Rd
  • Postal Code: 46228
  • Postal Code Plus4: 2770
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: Yes
  • Association Fee Frequency: Annually
  • Association Fee: $75
  • Parcel Number: 490617124018000600
  • Semi Annual Property Tax Amt: 1415
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: 490617124018000600
School Information
  • Elementary School: Guion Creek Elementary School
  • High School: Pike High School
  • Middle Or Junior School: Guion Creek Middle School
  • School District: MSD Pike Township
Parking
  • Garage YN: Yes
  • Garage Spaces: 2.0
  • Garage SqFt: 420
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Lot Description: Mature Trees
  • Lot Size Square Feet: 13983.0
  • Lot Size Acres: 0.32
  • Main Level SqFt: 1547
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1547.0
  • Sq Ft Total: 1547.0
  • Year Built Numeric: 1960
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Northern Estates Sec 3 L193
  • Ownership Type: Voluntary Fee
  • Photos Count: 40
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Utilities
  • Solid Waste: Yes
  • Utilities: Cable Available, Natural Gas Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Wood Siding
  • Exterior Features: Barn Mini
  • Foundation Details: Block
  • Horse Amenities: None
  • Fencing: Full
Interior Features
  • Accessibility Features: No
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Oven, Refrigerator, Washer
  • Areas Interior: Laundry in Garage
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Breakfast Room
  • Fireplaces Total: 0
  • Heating: Forced Air, Natural Gas
  • Interior Features: Attic Access, Hardwood Floors, Eat-in Kitchen, Hi-Speed Internet Availbl
  • Levels: One
  • Kitchen Features: Kitchen Updated
  • Additional Equipment: Smoke Alarm
  • Room List: Great Room, Family Room, Breakfast Room, Bedroom 2, Bedroom 3, Primary Bedroom, Kitchen, Dining Room
  • Room and Features: Great Room-Main, Family Room-Main, Breakfast Room-Main, Bedroom 2-Main, Bedroom 3-Main, Primary Bedroom-Main, Kitchen-Main, Dining Room-Main
  • Main Level Bedrooms: 3
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 8
  • Rooms Total MU: 8
  • Total Rooms: 8
Room 1
  • Room Level: Main
  • Room Dimensions: 15x13
  • Room Type: Great Room
Room 2
  • Room Level: Main
  • Room Dimensions: 18x14
  • Room Type: Family Room
Room 3
  • Room Level: Main
  • Room Dimensions: 10x8
  • Room Type: Breakfast Room
Room 4
  • Room Level: Main
  • Room Dimensions: 13x10
  • Room Type: Bedroom 2
Room 5
  • Room Level: Main
  • Room Dimensions: 9x9
  • Room Type: Bedroom 3
Room 6
  • Room Level: Main
  • Room Dimensions: 13x11
  • Room Type: Primary Bedroom
Room 7
  • Room Level: Main
  • Room Dimensions: 11x10
  • Room Type: Kitchen
Room 8
  • Room Level: Main
  • Room Dimensions: 15x9
  • Room Type: Dining Room
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 2
  • Full Baths MU: 2
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 4416 Melbourne Road

DateEvent & SourcePriceAppreciation
Jan 9, 2026

Listed (Active)

MIBORMLS #22079018

$300,000—
Jan 4, 2026

Expired

MIBORMLS #22060691

—
Oct 27, 2025

Price Change

MIBORMLS #22060691

$314,500—
Sep 4, 2025

Listed (Active)

MIBORMLS #22060691

$325,000—
Sep 3, 2021

Sold (Public Record)

Public Record #1476641157

$231,750—
Sep 3, 2021

Sold

MIBORMLS #21787254

$231,750—
Sep 3, 2021

Sold (Public Record)

Public Record #1504970268

$231,750

+15.6% / yr

Jul 11, 2021

Pending

MIBORMLS #21787254

—
Jul 2, 2021

Price Change

MIBORMLS #21787254

$239,900—
Jun 25, 2021

Listed (Active)

MIBORMLS #21787254

$249,900—
Apr 18, 2018

Sold (Public Record)

Public Record #620696340

$142,000

+7.2% / yr

Apr 18, 2018

Sold

MIBORMLS #21552072

$142,000—
Mar 20, 2018

Pending

MIBORMLS #21552072

—
Mar 18, 2018

Listed (Active)

MIBORMLS #21552072

$134,900—
Aug 29, 2013

Sold (Public Record)

Public Record #376200699

$103,000—
Aug 29, 2013

Sold

MIBORMLS #21227021

$103,000—
Aug 21, 2013

Pending

MIBORMLS #21227021

—
Apr 16, 2013

Listed (Active)

MIBORMLS #21227021

$127,900—
Nov 24, 2012

Expired

MIBORMLS #21178597

—
May 24, 2012

Listed (Active)

MIBORMLS #21178597

$127,900—
Sep 6, 2010

Expired

MIBORMLS #21011727

—
Mar 6, 2010

Listed (Active)

MIBORMLS #21011727

$120,000—
Aug 9, 2007

Expired

MIBORMLS #2710368

—
Feb 19, 2007

Listed (Active)

MIBORMLS #2710368

$127,900—
DateEvent & SourcePrice
01/09/2026

Listed (Active)

MIBORMLS #22079018

$300,000
01/04/2026

Expired

MIBORMLS #22060691

—
10/27/2025

Price Change

MIBORMLS #22060691

$314,500
09/04/2025

Listed (Active)

MIBORMLS #22060691

$325,000
09/03/2021

Sold (Public Record)

Public Record #1476641157

$231,750
09/03/2021

Sold

MIBORMLS #21787254

$231,750
09/03/2021

Sold (Public Record)

Public Record #1504970268

$231,750

+15.6% / yr

07/11/2021

Pending

MIBORMLS #21787254

—
07/02/2021

Price Change

MIBORMLS #21787254

$239,900
06/25/2021

Listed (Active)

MIBORMLS #21787254

$249,900
04/18/2018

Sold (Public Record)

Public Record #620696340

$142,000

+7.2% / yr

04/18/2018

Sold

MIBORMLS #21552072

$142,000
03/20/2018

Pending

MIBORMLS #21552072

—
03/18/2018

Listed (Active)

MIBORMLS #21552072

$134,900
08/29/2013

Sold (Public Record)

Public Record #376200699

$103,000
08/29/2013

Sold

MIBORMLS #21227021

$103,000
08/21/2013

Pending

MIBORMLS #21227021

—
04/16/2013

Listed (Active)

MIBORMLS #21227021

$127,900
11/24/2012

Expired

MIBORMLS #21178597

—
05/24/2012

Listed (Active)

MIBORMLS #21178597

$127,900
09/06/2010

Expired

MIBORMLS #21011727

—
03/06/2010

Listed (Active)

MIBORMLS #21011727

$120,000
08/09/2007

Expired

MIBORMLS #2710368

—
02/19/2007

Listed (Active)

MIBORMLS #2710368

$127,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4416 Melbourne Road

Taxable ValueLand$34,500Additions$217,800Total$252,300
Tax Record2024$2,829 ($236 / month)
Home Facts
Beds3Total Finished SqFt1,547 SqFtAbove Grade Finished SqFt1,547 SqFtStories1Lot Size13,983 SqFtStyleSingle Family ResidenceYear Built1960Year Renovated2003ZoningZO01CountyMARIONAPN49-06-17-124-018.000-600Fireplace TypeHas Fireplace

Schools near 4416 Melbourne Road

This home is within M S D Pike Township.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Guion Creek Elementary School
PublicK to 5

Guion Creek Middle School
Public6 to 8

Pike High School
Public9 to 12

Snacks Crossing Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

4416 Melbourne Road is a single family home for sale in Indianapolis, IN 46228. This property was listed for sale on January 9, 2026 by Keller Williams Indpls Metro N, it's currently listed at $300,000. It has been on the market for a total of 14 days and was last sold on September 3, 2021. This listing's school district is M S D Pike Township. Nearby schools include Guion Creek Elementary School, Guion Creek Middle School and Pike High School. 4416 Melbourne Road is a 3-bed, 2-bath, 1,547 sqft single family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Indpls Metro N

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/23/2026 03:52 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.