4416 Melbourne Road, Indianapolis, IN 46228

$274,000
3
BD
2
BA
1,547
SqFt

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Sold Price
$274,000
List Price
$279,900
Closing Date
Jul 02, 2026
Mandatory Fee
$75
Mandatory Fee Paid
Annually
MLS#
22079018
Property Type
Residential
Bedrooms
3
Bathrooms
2
Sqft. of Residence
1,547
Year Built
1960
Days on Market
174
Status
SOLD

Property Description

Discover an inviting, move-in-ready home, ideally located in Marion County just 9 minutes (3.5 miles) from Butler University. This well-maintained single-family ranch offers both comfortable living and outstanding flexibility - making it a perfect option for a Butler student or an owner looking to offset expenses with rental income. Step into a thoughtfully designed kitchen where shaker cabinets, a stylish backsplash, and a peninsula with bar seating create the ideal space for everyday meals or entertaining. The adjoining living room invites you to unwind by the cozy fireplace, perfect for relaxing evenings or gathering with friends. The primary bedroom serves as a private retreat, complete with an ensuite bathroom and elegant crown molding. Two additional bedrooms provide excellent opportunities for roommates, home office space, or guest accommodations - offering strong potential for extra rental income. Outside, enjoy a charming front porch ideal for morning coffee or evening sunsets. The fully fenced backyard offers privacy and room to relax or entertain, featuring a fire pit for memorable nights outdoors and a storage shed for added convenience. Situated on a generous 13,983 sq ft lot, this 1,547 sq ft ranch-style home, built in 1960, blends classic charm with modern updates in a prime location close to shopping, dining, and campus life. A versatile property with lifestyle appeal and investment potential-this is one you won't want to miss.

Additional Information

Foundation
Block
Stories
One
Architecture
Ranch, Traditional
Equipment
Smoke Alarm
Interior
Attic Access, Hardwood Floors, Eat-in Kitchen, Hi-Speed Internet Availbl
Exterior Amenities
Barn Mini
Acres
0.32
Heat
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Oven, Refrigerator, Washer
Semi-Annual Taxes
$1,415
Garage
Yes
Region
Pike
Areas
Laundry in Garage
Eating Areas
Breakfast Room

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Indpls Metro N. Selling Office: F.C. Tucker Company.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative