$155,000

5209 Melrose Ave Indianapolis, IN 46241

$1,841
Closing credit¹
2 beds
1 full
1,440 sqft
0.1 acres
$108 / sqft
House

Property details

About 5209 Melrose Ave

Come see this 2 Bedrooms and one bonus room. 1 Bath ranch-style is a must-see, priced to this property offers the perfect blend of comfort and convenience. The open floor plan welcomes you with abundant natural light, highlighting the spacious living area. The well-maintained backyard is an entertainer's paradise. Seize the opportunity to make this your forever home. Located near restaurants and stores.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
Size1,440 sqft
Lot size0.11 Acres
Year built1930
MLS #22034466

Summary

  • Full Bathrooms: 1
  • Appliances: Other
  • Basement: No
  • Interior: Hardwood Floors
  • Total Bedroom Count: 2
  • Architectural Style: Bungalow
  • Heating: Natural Gas
  • List Price: $155,000
  • Price/SqFt: $107
  • Annual Tax Amount: $2,029
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1930
  • Living Area: 1,440 SqFt
  • Lot Size: 0.11 Acres
  • MLS Number: 22034466
  • MLS Name: MIBOR
  • Office Name: F.C. Tucker Company
  • Office Email: ROBERTO.MEJIA@TALKTOTUCKER.COM
  • Listing Agent: Roberto Mejia

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated on: 5/2/2025, 9:16:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with central air condition unit, roof with shingles, and a porch

$155,000

5209 Melrose Ave

$1,841

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$85,500$2,029
2022$78,400$2,405
2021$38,400$850
2020$31,500$931
2019$31,500$898
2018$34,900$887
2017$34,500$1,003

History based on county public records data.

Nearby schools

3

Maplewood Elementary School

Public District KG-6

0.4 mi

1643 Dunlap Ave

4

Stout Field Elementary School

Public District KG-6

1.3 mi

3820 W Bradbury Ave

3

Rhoades Elementary School

Public District KG-6

1.3 mi

502 S Auburn St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $22,257. Most Indianapolis, IN residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

75%
<35k
22%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

44%
Single, No Kids
22%
Single, with Kids
19%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Pro WrestlingPro Wrestling
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Cicis PizzaCicis Pizza
  • Golden CorralGolden Corral

What do the neighbors drive?

  • DodgeDodge
  • PontiacPontiac
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5209 Melrose Ave

The listing price of 5209 Melrose Ave property is $155,000.

The property 5209 Melrose Ave is a house located in Indianapolis, Indiana, 46241.

Active Listing: 5209 Melrose Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5209 Melrose Ave are: Maplewood Elementary School (GreatSchools Rating 3/10), Stout Field Elementary School (GreatSchools Rating 4/10), Rhoades Elementary School (GreatSchools Rating 3/10), Lynhurst 7th & 8th Grade Center (GreatSchools Rating 5/10), Christel House Academy West (GreatSchools Rating 4/10), The Path School (GreatSchools Rating 3/10), Ben Davis University High School (GreatSchools Rating 6/10), Achieve Virtual Education Academy (GreatSchools Rating 2/10), George Washington High School (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $2,029 (source: MLS/based on county public records data).

The property at 5209 Melrose Ave has 2 bedrooms and 1 bathroom.

The property 5209 Melrose Ave is 1,440 SqFt (source: MLS/tax record).

The year of construction for 5209 Melrose Ave is 1930.

This home is located at 5209 Melrose Ave in Indianapolis, IN and zip code 46241 in the Stout Field neighborhood. This 1,440 square foot home, which was built in 1930, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $155,000.

Indianapolis, IN housing market in April 2025 saw over 246 listings sold above listed price, more than 253 sold at listed price and over 546 sold below. The number of listings in Indianapolis, IN increased by 4.9% between March and April 2025. In April 2025 median list price was $250,031 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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