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4620 Melrose Ave; Indianapolis, IN Property Details

4620 Melrose Ave, Indianapolis, IN is a Single Family that was built in 1952. This property is not for sale. Our records show that 4620 Melrose Ave has 2 bedrooms, and a total of 1,424 square feet. The lot size of 4620 Melrose Ave is 27,866 square feet.

Off market
4620 Melrose Ave Indianapolis, IN 46241
$179,500 Estimated Value
2 Beds
1,424 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1952
  • Est. Equity / %: $192,000 / 100%
  • Gross Yield: 7.406%
  • APN: 49-11-18-103-077.000-900
  • Situs County: Marion

Rooms

  • Bedrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 1,424/SqFt
  • Lot: 27,866/SqFt
  • Gross: 1,424/SqFt
  • Garage: 576/SqFt
  • Living: 1,424/SqFt
  • Building: 1,424/SqFt
  • Ground: 1,104/SqFt

Legal Description

  • Description: DREXEL GARDENS ANNEX L1379 L1380 L1381 L1382 L1383 & PT L1384 BEG NE COR S 118.01FT W 31.3FT NE 117.96FT E 17.24FT TO BEG
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wayne Township Metropolitan School District
  • Lat / Lon: 39.740124 / -86.23753
  • Subdivision: Drexel Gardens Annex
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 4037
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

4620 Melrose Ave has no associated ownership info
4620 Melrose Ave has no associated ownership info.

Taxes

4620 Melrose Ave has 10 associated Taxes items

4620 Melrose Ave, Indianapolis, IN pays taxes in Marion County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $179,500. The APN we've located for 4620 Melrose Ave is 49-11-18-103-077.000-900.

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Taxes
  • Assessed Value:  $179,500
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-18-103-077.000-900
  • Assessed Land Value:  26100
  • Market Land Value:  26100
  • Tax Amount:  1660.96
  • Tax Year:  2024
  • Market Value:  179500
  • Market Year:  2025

Tax History

4620 Melrose Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $179,500 Land Value $26,100 Improvement Value $153,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,660.96 Change Rate -0.105472% Assessed CR Tax Rate
Year 2023 Assessed Value $146,500 Land Value $26,100 Improvement Value $120,400 Tax Amount $1,856.8 Change Rate +0.063861% Assessed CR Tax Rate +0.012674%
Year 2022 Assessed Value $135,900 Land Value $26,100 Improvement Value $109,800 Tax Amount $1,745.34 Change Rate +0.37515% Assessed CR Tax Rate +0.012843%
Year 2021 Assessed Value $89,900 Land Value $26,100 Improvement Value $63,800 Tax Amount $1,269.2 Change Rate +0.438415% Assessed CR Tax Rate +0.014118%
Year 2020 Assessed Value $80,700 Land Value $26,100 Improvement Value $54,600 Tax Amount $882.36 Change Rate -0.010585% Assessed CR Tax Rate +0.010934%
Year 2019 Assessed Value $81,000 Land Value $26,100 Improvement Value $54,900 Tax Amount $891.8 Change Rate -0.207852% Assessed CR Tax Rate +0.01101%
Year 2018 Assessed Value $87,100 Land Value $26,100 Improvement Value $61,000 Tax Amount $1,125.8 Change Rate +0.009813% Assessed CR Tax Rate +0.012925%
Year 2017 Assessed Value $86,600 Land Value $26,100 Improvement Value $60,500 Tax Amount $1,114.86 Change Rate +0.165854% Assessed CR Tax Rate +0.012874%
Year 2016 Assessed Value $85,700 Land Value $26,100 Improvement Value $59,600 Tax Amount $956.26 Change Rate +0.167367% Assessed CR Tax Rate +0.011158%
Year 2014 Assessed Value $85,100 Land Value $26,100 Improvement Value $59,000 Tax Amount $819.16 Change Rate -0.048573% Assessed CR Tax Rate +0.009626%
Year 2013 Assessed Value $85,100 Land Value $26,100 Improvement Value $59,000 Tax Amount $860.98 Change Rate Assessed CR Tax Rate +0.010117%