# 4416 Melbourne Road, Indianapolis, IN 46228

> **TL;DR:** 3bd/2ba single family, $279,900 ($181/sqft), built 1960, 1,547 sqft. Est. $1,213/mo. Listed 91 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $279,900 |
| Price/sqft | $181 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,547 |
| Year Built | 1960 |
| Lot Size | 13,939 sqft (0.32 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 91 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,213 |
| **Total** | **$1,213** |

## Nearby Schools

- **Elementary:** Guion Creek Elementary School
- **Middle:** Guion Creek Middle School
- **High:** Pike High School

## Property Highlights

- Built in 1960
- 0.32 acre lot

## Description

### Agent 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.

## Location

- **Address:** 4416 Melbourne Road, Indianapolis, IN 46228
- **County:** Marion
- **Neighborhood:** Northern Estates
- **Coordinates:** 39.834184, -86.221043
- **Google Maps:** https://www.google.com/maps?q=39.834184,-86.221043

## Listing Agent

- **Name:** Wendy Vivirito
- **Brokerage:** Keller Williams Indpls Metro N
- **Phone:** 3178466300
- **Email:** WendyVivirito@KW.com

## Primary Photo

![4416 Melbourne Road - Primary Photo](http://lh.rdcpix.com/f4f2a00bb4341ea72083f23202eaf047l-f2892516140r.jpg)

*40 total photos available on [listing page](https://www.propertysimple.com/listing/4416-melbourne-road-indianapolis-in-46228-22079018)*

---

**MLS#:** 22079018 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/4416-melbourne-road-indianapolis-in-46228-22079018)

---

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