5201 Melrose Avenue

Indianapolis, IN 46241

$40,500
Price
4,791 / 0.11
Lot Size / Acres

Description

2 adjoining lots of approximately 9500SQFT available in a well established neighborhood and ready for your new build! Possible seller financing. Please review plats and do your due diligence before making an offer.2 adjoining lots of approximately 9500SQFT available in a well established neighborhood and ready for your new build! Possible seller financing. Please review plats and do your due diligence before making an offer.
  1. Listed by Scott Wynkoop • Wynkoop Brokerage Firm, LLC • Scott@IndianaREO.com

Property Details for 5201 Melrose Avenue

Subdivision Name
Drexel Gardens
Township
Wayne
Zoning
R1

Location

Listing Courtesy of Wynkoop Brokerage Firm, LLC
Add your commute
LISTING UPDATED: 04/29/2024 11:14 AM

Property Details for 5201 Melrose Avenue

StatusActive
MLS #21964176
Days on Market75
Taxes$256 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential Lots
Year Built-
Lot Size0.11 AC
CountyMarion County

Location

Listing Courtesy of Wynkoop Brokerage Firm, LLC
Add your commute

Building Information for 5201 Melrose Avenue

Building Size-Lot Size0.11 AC

Payment Calculator

$264 per month

30 year fixed, 7.25% Interest

Principal and Interest

$221

Property Taxes

$43

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5201 Melrose Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46241
  • Postal Code Plus4: 4648
  • Road Access: Frontage Road
  • Road Frontage Type: City Street
  • State Or Province: IN
  • Topography: Not Applic
Taxes and HOA Information
  • Parcel Number: 491118113253000900
  • Semi Annual Property Tax Amt: 256
  • Tax Year: 2022
  • Additional Parcels Description: 491118113252000900
  • TaxLot: 541
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Land Characteristics: City
  • Lot Size Square Feet: 4704.0
  • Lot Size Acres: 0.11
  • New Construction: False
  • Number Of Lots: 2
  • Other Structures: Not Applicable
  • Soil Type: Not Applic
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: Not Applicable
  • Divisible: No
  • Legal Subdivision: Drexel Gardens No. 2 L541
  • Photos Count: 7
  • Present Zoning: Single Family
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Road Surface Type: Dirt
  • Type: See Remarks
  • Transaction Type: Sale
Utilities
  • Facilities Near: None
  • Facilities On: Not Applicable
  • Sewer: Not Applicable
  • Solid Waste: No
  • Water: Not Applic
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None

Property History for 5201 Melrose Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5201 Melrose Avenue

Taxable ValueLand$4,400Additions-Total$4,400
Tax Record2022$147 ($12 / month)
Home Facts
Beds0Lot Size4,704 SqFtStyleResidentialCountyMARIONAPN49-11-18-113-253.000-900

Schools near 5201 Melrose Avenue

This home is within M S D Wayne Township.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 10 to 12
Public - 10 to 12
Rating
School
Distance
Maplewood Elementary School
PublicPK to 6

Lynhurst 7th & 8th Grade Center
Public7 to 8

Ben Davis High School
Public10 to 12

Ben Davis University High School
Public10 to 12

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

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Similar Sold Homes

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5201 Melrose Avenue is a 0.11 ac of land for sale in Indianapolis, IN 46241. This property was listed for sale on February 15, 2024 by Wynkoop Brokerage Firm, LLC, it's currently listed at $40,500. This listing's school district is M S D Wayne Township. Nearby schools include Maplewood Elementary School, Lynhurst 7th & 8th Grade Center and Ben Davis High School. 5201 Melrose Avenue is a 0-bed, 0-bath, 0.11 ac of land on a 4,791 sq. ft. / 0.11 acres lot.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Wynkoop Brokerage Firm, LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.