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Back 5010 Melbourne Road
Off Market

5010 Melbourne Road

Indianapolis IN 46228

4
3
2
2388 sq. ft.
19166 sq. ft.
Single-Family
Last sold for $388,000
Teena StephensTeena Stephens, last sold this property on 13 August 2025 after 61 days on market.

Overview

Nestled on a peaceful dead-end road, this beautifully updated four-bedroom home offers an unparalleled sense of privacy and tranquility. Surrounded by mature trees, the property spans two parcels, providing ample space for outdoor activities or future development. Step inside to find an inviting, open-concept layout with thoughtful built-ins, offering both functionality and style. The updated kitchen is a chef's dream, featuring modern finishes, sleek countertops, and a breakfast bar for casual dining. A built-in gas grill on the patio makes outdoor entertaining a breeze, whether hosting a summer barbecue or relaxing and enjoying the scenery. The spacious living room is the perfect place to unwind, complete with a cozy fireplace that adds warmth and ambiance to the space. Some windows are adorned with charming interior shutters, enhancing the home's character and privacy. One of the highlights of the property is the serene, screened-in sunroom, where you can enjoy the beauty of the outdoors year-round, free from bugs or harsh weather. The large primary suite is a true retreat, complete with a massive walk-in closet that will impress even the most discerning buyers. Each of the additional bedrooms is generously sized, offering plenty of room for family or guests. With its double lot, built-in features, and the privacy of a dead-end road, this home truly offers the best of both worlds: modern comfort and quiet seclusion. Don't miss the chance to make this unique property your forever home.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
2388 sq. ft. floor area
19166 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 5010 Melbourne Road is $328k.

Median value
$328k
Estimated value range
$170k - $615k
Median days on market
18
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5010 Melbourne Road

2025
Sold
$388,000
13 Aug 2025 by Teena Stephens, of My Agent
2022
Sold
$340,000
18 Feb 2022 by Louise Bergmann, of Berkshire Hathaway HomeServices Indiana Realty (Indianapolis, 46240)

Happy sellers in Indianapolis

85%
85% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Indianapolis over the last 12 months.

Local market activity for 4 bedroom single-family properties in Indianapolis

In the last 12 months, 40 four-bedroom single-family properties similar to 5010 Melbourne Road, have been sold.

This represents a 40% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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Katherine James

Katherine James is an award winning recommended agent for Indianapolis.  They have 1 local sale and collected 1 local review across the last 12 months.

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