5230 Melrose AVE, Indianapolis, IN 46241
5230 Melrose AVE, Indianapolis, IN 46241
5230 Melrose AVE, Indianapolis, IN 46241
15
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Listed by Kendell Bonner Jr. • The Stewart Home Group
$139,000
$135,000 3.0%
Est. payment /mo
2 Beds
1 Bath
730 SqFt
Sold on 06/29/2026

5230 Melrose AVE Indianapolis, IN 46241

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Keyera Jolley
Keyera Jolley

Broker Associate | RBRB14047225

+1(317) 922-6188

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Key Details

Sold Price $139,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 730 sqft

Price per Sqft $190

Subdivision Drexel Gardens

MLS Listing ID 22101329

Sold Date 06/29/26

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1949

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Single Family Residence

Property Description

5230 Melrose Ave offers a great opportunity for a first time home buyer or investor looking for convenience in Indianapolis. This updated 2 bedroom home is located just 10 minutes from Downtown with quick access to I 70 and I 465. Featuring updated flooring, a functional layout, detached garage, fenced yard, and a workshop shed with additional storage or hobby space, this home is move in ready with flexibility to fit your lifestyle.

Location

State IN

County Marion

Rooms

Main Level Bedrooms 2

Interior

Interior Features Attic Access

Heating Electric

Cooling Central Air

Fireplace N

Appliance Microwave

Exterior

Exterior Feature Fire Pit, Storage Shed

Garage Spaces 2.0

View Y/N true

View Neighborhood

Building

Story One

Foundation Crawl Space

Water Public

Architectural Style Ranch

Structure Type Vinyl Siding

New Construction false

Schools

School District Msd Wayne Township

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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Keyera Jolley

Keyera Jolley

Broker Associate | RBRB14047225

+1(317) 922-6188

Name
Phone*
Message

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5230 Melrose AVE