Indianapolis Real Estate Index

Contact Red Door Real Estate

If you have any questions or need more detailed information, please feel free to contact me via phone at 317-RED-DOOR / 317-733-3667 or fill out the form to let us know how we can help with your real estate needs.

Phone: (317) 733-3667
Fax: (317) 663-0840

Refine your search...
Use the form below to narrow down your results
Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

Back to Results
$300,000 -

4416 Melbourne Road Indianapolis IN 46228

3
Bedrooms
2
Baths
N/A
SQ. Feet
(Above Ground)
0.32
Acres

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.

Follow ►
  • Subscribe to Our Blog RSS
Read More...

Property Details

Price: $300,000 Previously: $300,000 Originally: $300,000 Bedrooms: 3 Bathrooms: 2.00 MLS #: 22079018 Year Built: 1960 Township: Pike Sq. Ft Total: 1,547 Type: Residential Zip Code: 46228 City: Indianapolis Subdivision: Northern Estates County: Marion School District: MSD Pike Township High School: Pike High School Middle School: Guion Creek Middle School Elementary School: Guion Creek Elementary School

Interior Features

Interior Features:
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Oven, Refrigerator, Washer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Features: Barn Mini
  • Setting / Lot Description: Mature Trees
  • Porch: Patio, Covered
  • # Acres: 0.32

Listing Office: Keller Williams Indpls Metro N

Similar Properties To: 4416 Melbourne Road, Indianapolis

$344,900
3 br, 2½ ba, 2,142 ft²
Morningside
MLS® #:
22072829
Provider:
Exp Realty, Llc
3528 W 48th Street, Indianapolis
$240,000
3 br, 2 ba, 1,383 ft²
New Augusta Woods
MLS® #:
22073158
Provider:
Great Woods Realty Llc
4531 Hunt Master Court, Indianapolis
$260,000
3 br, 2 ba, 1,411 ft²
Hunters Green
MLS® #:
22072036
Provider:
Advisors Commercial Real Estate
6426 Hunters Green Court, Indianapolis
$318,000
4 br, 3 ba, 2,400 ft²
Highlands Trail
MLS® #:
22072151
Provider:
Indiana Homestore, Llc
4381 Dunsany Court, Indianapolis
$309,900
3 br, 2½ ba, 2,203 ft²
Cheswick Place
MLS® #:
22059147
Provider:
F.c. Tucker Company
3946 Lincoln Road, Indianapolis
$320,000
4 br, 2½ ba, 2,511 ft²
Falcons Nest
MLS® #:
22066599
Provider:
Opendoor Brokerage Llc
4905 Flame Way, Indianapolis
$259,999
3 br, 2 ba, 1,512 ft²
Crooked Creek Heights
MLS® #:
22075193
Provider:
Homes Unlimited
7802 Bancaster Drive, Indianapolis
$265,000
3 br, 2 ba, 1,758 ft²
Liberty Creek
MLS® #:
22078669
Provider:
Re/max Advanced Realty
5956 Staffordshire Circle, Indianapolis

View all similar properties here

All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on January 10th, 2026 at 3:40pm EST.

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends
Interested In This Property?