Sheldon Barnes
For Sale — 4525 Melbourne Road, Indianapolis, IN 462284525 Melbourne Road
Indianapolis, Indiana 46228
Northern Estates
$275,000
Schedule a Showing3
Beds
2
Baths
1,823
Sq Ft
1955
Year Built
0.38
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 4525 Melbourne Road in Northern Estates, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
See this well-maintained 3-bedroom, 1.5-bath brick ranch on a private, wooded and fully fenced lot. Located right along the border of Washington Township-an open school district-this home offers added flexibility for schooling options while maintaining the comfort of a quiet neighborhood setting. Inside, you'll find a functional single-level layout with warm, inviting living spaces. A wood-burning fireplace creates the perfect focal point for relaxing evenings, while the kitchen features brand-new flooring and a layout that flows easily for everyday living and entertaining. Original hardwood flooring runs throughout all three bedrooms, adding character and durability. Major updates provide peace of mind, including a newer roof and updated mechanicals, making this home truly move-in ready. The private backyard view of mature trees, a fully fenced lot, and plenty of space for any outdoor activities. Conveniently located near Saddlebrook Golf Club and just minutes from major roadways, commuting is simple, while still enjoying the tranquility of an established neighborhood.
Key things to know
- Original hardwood flooring throughout bedrooms
- Wood-burning fireplace
- Fully fenced private lot with mature trees
- Newer roof and updated mechanicals
- Kitchen with new flooring and island
Monthly payment
Estimate · $275,000
$1,694/mo
≈ $1,464 principal & interest · $230 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $55,000 on a loan of $220,000.
Price history
- Listedat $275,000
Mar 13, 2026
Northern Estates · activity
past 6 months
- Sold
- 2
- Median price
- $330,000
- Median DOM
- 134 days
Recent comparable sales
$292,500
2048 Oldfields Cir N Drive
2bd · 2ba · 1,605 sqft
Sold May 2026
$225,000
3917 Truro Court
3bd · 2ba · 1,511 sqft
Sold Apr 2026
$260,000
2066 Oldfields Circle South Drive
2bd · 3ba · 2,179 sqft
Sold Apr 2026
$280,000
2926 Sunmeadow Court
3bd · 3ba · 1,628 sqft
Sold Apr 2026
$225,000
2350 W 58th Street
3bd · 2ba · 1,344 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 5.8% above median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$275,000Listed· Mar 13, 2026
22 days on market
Layout
Schools
MSD Pike Township
Neighborhood
- Downtown Indianapolis5.8 mi
- Zionsville Community HS8.8 mi
- Carmel Central Park9.4 mi
- Monon Trail (Carmel)10.0 mi
- Carmel High School10.6 mi
- Carmel Arts & Design District11.2 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,823 sq ft
Year Built
1955
Stories
One
Subdivision
Northern Estates
Bedrooms
3
Bathrooms
1 full, 1 half
School District
MSD Pike Township