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4918 Melrose Avenue, Indianapolis, IN 46241

Here's 4918 Melrose Avenue in Indianapolis, IN 46241. This listing is closed, but I can still walk you through the details.

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Front exterior at 4918 Melrose Avenue, Indianapolis, INSold — 4918 Melrose Avenue, Indianapolis, IN 462411 / 1

Quick read on the numbers:

$139,900

Sold
Beds

2

Baths

1

Sq ft

912

Built

1981

Acres

0.22

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

  • Sold 0.8% over list in 9 days
  • Drexel Gardens subdivision

From the listing

An inviting single family residence, located at 4918 Melrose AVE in INDIANAPOLIS, IN, USA, presents itself in a ready to move in condition, offering a truly welcoming atmosphere. The kitchen serves as a central point for daily routines, featuring classic shaker cabinets that provide both timeless style and practical storage solutions, contributing to a harmonious culinary environment. Within the home, two distinct bedrooms offer private spaces designed for rest and rejuvenation, each contributing to a sense of comfort and personal retreat. A single full bathroom provides essential amenities, thoughtfully arranged to offer convenience and ease for daily routines. The single story layout provides 912 square feet of living area, ensuring straightforward access and a comfortable, well-proportioned environment throughout the entire residence. Outside, a welcoming porch extends an invitation to enjoy the surroundings, providing an ideal spot for moments of relaxation. The generous lot, spanning 9440 square feet, offers ample outdoor space within this residential area, allowing for various activities and personal enjoyment. Constructed in 1981, this single family residence embodies an e…

A few highlights from the feature list:

Interior

Attic AccessEat-in Kitchen

Exterior

Other

I'll break the details down — open any section that matters.

This home has sold:

Sold

$141,000

+$1,100 over list (0.8%)

Closed
Apr 13, 2026
Listed at
$139,900
Sold
2 months ago
Sold in
9 days

Price history

  1. Sold$141,000

    Apr 13, 2026

  2. Listedat $139,900

    Feb 26, 2026

Drexel Gardens · activity

past 6 months

Sold
7
Median price
$114,000
Median DOM
24 days

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 710 S Norfolk Street

    $105,000

    710 S Norfolk Street

    3bd · 1ba · 984 sqft

    Sold Jun 2026

  • 6845 Walton Street

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    6845 Walton Street

    3bd · 2ba · 1,162 sqft

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  • 1722 S Goodlet Avenue

    $195,000

    1722 S Goodlet Avenue

    3bd · 2ba · 1,024 sqft

    Sold May 2026

  • 1404 S Gerrard Drive

    $115,000

    1404 S Gerrard Drive

    1bd · 2ba · 695 sqft

    Sold May 2026

  • 5650 W Minnesota Street

    $215,000

    5650 W Minnesota Street

    2bd · 1ba · 1,032 sqft

    Sold Jun 2026

Comparative value

5 comps in this range

This home is 28% below median for similar nearby sales.

$105K$275KMedian $195K
$141K

A few places to dig deeper:

Drexel Gardens MSD Wayne Township

MLS# 22084349

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