5341 Melbourne Rd

Indianapolis, IN 46228

$314,900
Price
3
Beds
1,776 Sq. Ft.
$177 / Sq. Ft.
1,776
Sq. Ft.
$177
per Sq. Ft.

Description

This beautifully remodeled two-story home sits directly on a spacious pond and offers stunning water views throughout. The home features an updated kitchen with brand-new stainless steel appliances, a sit-up bar, and a bright breakfast room. From the breakfast area, step onto a brand-new, oversized wood deck overlooking the pond-perfect for relaxing evenings after a long day. Updates include luxury vinyl plank flooring throughout the main level, new carpet and LVP upstairs, new vanities in all three...This beautifully remodeled two-story home sits directly on a spacious pond and offers stunning water views throughout. The home features an updated kitchen with brand-new stainless steel appliances, a sit-up bar, and a bright breakfast room. From the breakfast area, step onto a brand-new, oversized wood deck overlooking the pond-perfect for relaxing evenings after a long day. Updates include luxury vinyl plank flooring throughout the main level, new carpet and LVP upstairs, new vanities in all three bathrooms, updated brushed-nickel plumbing and light fixtures, fresh interior and exterior paint, and a brand-new high-efficiency heat pump system. Enter from the garage into a convenient mudroom with access to the remodeled kitchen and the downstairs bath. Enjoy meals in the breakfast room or the formal dining area, which is part of the open living/dining room combination. Upstairs, a spacious family room connects to all three bedrooms. The large primary suite features a vaulted ceiling, walk-in closet, garden tub, and walk-in shower. Additional highlights include six-panel doors throughout and a layout that feels like a brand-new home thanks to extensive updates. The home shows exceptionally well and is conveniently located near I-65 and shopping.
  1. Listed by Michael Levin • Zenith Realty & Bus. Advisors

Property Details for 5341 Melbourne Road

Architectural Style
Traditional
Subdivision Name
Morningside
Township
Pike
Waterfront Features
Pond, Water View, Waterfront
Waterfront
Yes
LISTING UPDATED: 12/30/2025 05:27 PM

Property Details for 5341 Melbourne Road

StatusActive
MLS #22075363
Days on Market18
Taxes$1,286 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2000
Lot Size0.12 AC / 5,227 SF
CountyMarion County

Location

Listing Courtesy of Zenith Realty & Bus. Advisors
Add your commute

Building Information for 5341 Melbourne Road

Stories-Year Built2000Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$1,770 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,556

Property Taxes

$214

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5341 Melbourne Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46228
  • Postal Code Plus4: 2279
  • State Or Province: IN
  • View: Pond
  • View: Yes
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 490608128053000600
  • Semi Annual Property Tax Amt: 1286
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: 49-06-08-128-053.000-600
  • Tax Block: 2
School Information
  • School District: MSD Pike Township
Parking
  • Garage YN: Yes
  • Garage Parking Other: Garage Door Opener
  • Garage Spaces: 2.0
  • Garage SqFt: 380
Virtual Tour
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Description: Curbs, Sidewalks, Mature Trees
  • Lot Size Square Feet: 5271.0
  • Lot Size Acres: 0.12
  • Main Level SqFt: 736
  • New Construction: False
  • Living SqFt: 1040.0
  • Sqft Total: 1776.0
  • Sq Ft Total: 1776.0
  • Year Built Numeric: 2000
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Morningside Section 2 L110
  • Photos Count: 22
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Property Condition: Updated/Remodeled
Utilities
  • Electric: 200+ Amp Service
  • Solid Waste: Yes
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl With Brick
  • Foundation Details: Slab
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator, Water Heater
  • Areas Interior: Laundry in Unit
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Breakfast Room, Dining Combo/Living Room, Other Eating Area
  • Heating: Electric, Forced Air, Heat Pump, High Efficiency (90%+ AFUE )
  • Interior Features: Breakfast Bar, Vaulted Ceiling(s), Paddle Fan, Eat-in Kitchen, Pantry, Smart Thermostat, Walk-In Closet(s), Wood Work Painted
  • Levels: Two
  • Kitchen Features: Kitchen Updated
  • Room List: Living Room, Dining Room, Kitchen, Breakfast Room, Mud Room, Family Room, Primary Bedroom, Bedroom 2, Bedroom 3
  • Room and Features: Living Room-Main, Dining Room-Main, Kitchen-Main, Breakfast Room-Main, Mud Room-Main, Family Room-Upper, Primary Bedroom-Upper, Bedroom 2-Upper, Bedroom 3-Upper
  • Main Level Bedrooms: 0
  • Laundry Features: Laundry Closet
  • Num Bedrooms Upper: 3
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 9
  • Rooms Total MU: 9
  • Total Rooms: 9
Room 1
  • Room Level: Main
  • Room Dimensions: 17x15
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 13x11
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 10x9
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 11x9
  • Room Type: Breakfast Room
Room 5
  • Room Level: Main
  • Room Dimensions: 6x5
  • Room Type: Mud Room
Room 6
  • Room Level: Upper
  • Room Dimensions: 15x13
  • Room Type: Family Room
Room 7
  • Room Level: Upper
  • Room Dimensions: 18x15
  • Room Type: Primary Bedroom
Room 8
  • Room Level: Upper
  • Room Dimensions: 12x9
  • Room Type: Bedroom 2
Room 9
  • Room Level: Upper
  • Room Dimensions: 10x9
  • Room Type: Bedroom 3
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Count: 3
  • Full Baths Basement: 0
  • Full Baths Main: 0
  • Full Baths MU: 2
  • Full Baths Upper: 2
  • Half Baths Basement: 0
  • Half Baths Main: 1
  • Half Baths MU: 1
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 5341 Melbourne Road

DateEvent & SourcePriceAppreciation
Dec 1, 2025

Listed (Active)

MIBORMLS #22075363

$324,900—
Dec 10, 2005

Expired

MIBORMLS #2467650

—
Aug 18, 2005

Sold (Public Record)

Public Record #241691810

$97,605—
Aug 18, 2005

Sold

MIBORMLS #2505516

$91,855—
Jun 6, 2005

Pending

MIBORMLS #2505516

—
Jan 28, 2005

Listed (Active)

MIBORMLS #2505516

$95,000—
Dec 10, 2004

Listed (Active)

MIBORMLS #2467650

$95,000—
DateEvent & SourcePrice
12/01/2025

Listed (Active)

MIBORMLS #22075363

$324,900
12/10/2005

Expired

MIBORMLS #2467650

—
08/18/2005

Sold (Public Record)

Public Record #241691810

$97,605
08/18/2005

Sold

MIBORMLS #2505516

$91,855
06/06/2005

Pending

MIBORMLS #2505516

—
01/28/2005

Listed (Active)

MIBORMLS #2505516

$95,000
12/10/2004

Listed (Active)

MIBORMLS #2467650

$95,000

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

Public Records for 5341 Melbourne Road

Taxable ValueLand$33,100Additions$196,800Total$229,900
Tax Record2024$2,572 ($214 / month)
Home Facts
Beds4Baths1.5Total Finished SqFt1,776 SqFtAbove Grade Finished SqFt1,776 SqFtStories2Lot Size5,271 SqFtStyleSingle Family ResidenceYear Built2000ZoningZO01CountyMARIONAPN49-06-08-128-053.000-600Fireplace TypeMasonry

Schools near 5341 Melbourne Road

This home is within M S D Pike Township.
Rating
School
Type
Grades
Distance
Guion Creek Elementary School
Public - K to 5
Guion Creek Middle School
Public - 6 to 8
Pike High School
Public - 9 to 12
New Augusta Public Academy-South
Public - K 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

New Augusta Public Academy-South
PublicK 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.

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More information about 5341 Melbourne Road, Indianapolis, IN 46228

5341 Melbourne Road is a single family home for sale in Indianapolis, IN 46228. This property was listed for sale on December 1, 2025 by Zenith Realty & Bus. Advisors, it's currently listed at $314,900. It has been on the market for a total of 18 days and was last sold on August 18, 2005. 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. 5341 Melbourne Road is a 3-bed, 3-bath, 1,776 sqft single family home built in 2000.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Zenith Realty & Bus. Advisors

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/31/2025 06:55 AM. 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.