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About This Home
This 3-bedroom, 2-bathroom single family at 4416 Melbourne Road in Indianapolis, IN is listed for $279,900 ($181 per sqft). Built in 1960, the home offers 1,547 sqft of living space on a 0.32 acres lot.
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.
Key Features
- Built in 1960
- 0.32 acre lot
Property Details
Monthly Cost Estimate
$1,497/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4416 Melbourne Road
Indianapolis, IN 46228
Northern Estates
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 4416 Melbourne Road is listed at $279,900 ($181/sqft). The estimated monthly payment is $1,213 based on 20% down at 6.5% interest.
Key features include: Built in 1960, 0.32 acre lot. Interior Features: Attic Access, Hardwood Floors, Eat-in Kitchen. Exterior Features: Fencing, Barn Mini.
This property is listed by Wendy Vivirito and can be reached at 3178466300 or WendyVivirito@KW.com.