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Single Family ResidenceResidential
$196,714$125 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $154,900 on Apr 9, 2026

5947 MELBOURNE RD

INDIANAPOLIS, IN 46228
3
Beds
1
Baths
1,575 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.5 ac
Lot SizeThe size of the land the home sits on, from county records.
1961
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$197K
$180K low$214K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$154,900 · Apr 9, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,521 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$241,300 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$32,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$208,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$206,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$241,300

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMARION
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1978
Lot (acres)The size of the land the home sits on, from county records.0.50
ConstructionThe main material the home's frame and walls are built from.Stone
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.Yes
ViewThe type of view from the property, or another feature of the site that affects value.Extra Front
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 36 ft²

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(2)

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Guion Creek Middle SchoolD-
Middle · Grades 6–8 · 1.5 mi
H
Pike High School
High · Grades 9–12 · 2.1 mi
E
Eastbrook Elementary SchoolD-
Elementary · Grades KG–5 · 2.2 mi

District: Pike Township Metropolitan School District

Neighborhood · ZIP 46228These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.62
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.107
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.36

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.29%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.15,643
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,910 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$85,323
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$109,712
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5947 Melbourne Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 85% of homes in Indianapolis 46228
  • Costs less per square foot than 84% of homes in Indianapolis 46228
  • Smaller than 67% of homes in Indianapolis 46228
  • Has a bigger lot than 94% of homes in Snacks / Guion Creek
  • Older than 88% of homes in Snacks / Guion Creek

What homes are worth in Indianapolis 46228

Each bar is how many homes fall in that price range. The marker is this home.

This home
$145K$1M

This home is worth more than 15% of homes in Indianapolis 46228.

How it measures up in Indianapolis 46228

The dot is this home. The mark in the middle is the typical home in Indianapolis 46228.

Estimated value$196,714
CheaperTypical $265,962Pricier

Pricier than 15% of homes nearby

Price per ft²$125
CheaperTypical $148Pricier

Pricier than 16% of homes nearby

Living area1,575 ft²
SmallerTypical 1,818 ft²Bigger

Bigger than 33% of homes nearby

Lot size0.5 ac
SmallerTypical 0.35 acBigger

Bigger than 72% of homes nearby

Year built1961
OlderTypical 1964Newer

Newer than 46% of homes nearby

How 5947 Melbourne Rd ranks against every home in each area.
MeasureThis homeSnacks / Guion CreekIndianapolis 46228Marion County
Estimated valuepricier than$196,71424% of homes15% of homes37% of homes
Price per ft²pricier than$12522% of homes16% of homes28% of homes
Living areabigger than1,575 ft²51% of homes33% of homes54% of homes
Lot sizebigger than0.5 ac94% of homes72% of homes88% of homes
Year builtnewer than196112% of homes46% of homes49% of homes

About 5947 Melbourne Rd

How much is 5947 Melbourne Rd, Indianapolis, IN worth?

The TopHap Estimate for 5947 Melbourne Rd, Indianapolis, IN is $196,714 as of Sep 24, 2026. The likely range is $179,758 to $213,670. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5947 Melbourne Rd, Indianapolis, IN last sell?

5947 Melbourne Rd, Indianapolis, IN last sold on Apr 9, 2026 for $154,900, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 5947 Melbourne Rd, Indianapolis, IN?

5947 Melbourne Rd, Indianapolis, IN has 3 bedrooms, 1 bathrooms, 1,575 square feet of living space and a 0.50-acre lot.

When was 5947 Melbourne Rd, Indianapolis, IN built?

5947 Melbourne Rd, Indianapolis, IN was built in 1961, making it 65 years old. The building has 1 story.

What schools serve 5947 Melbourne Rd, Indianapolis, IN?

5947 Melbourne Rd, Indianapolis, IN is assigned to Guion Creek Middle School (middle), rated D-; Pike High School (high); Eastbrook Elementary School (elementary), rated D-. All sit in Pike Township Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5947 Melbourne Rd, Indianapolis, IN compare to other homes in Indianapolis 46228?

Among the 5,976 homes in Indianapolis 46228, it is worth more than 15% of them ($196,714 against a typical $265,962), its price per square foot is higher than 16% of them ($125 against a typical $148), it is bigger than 33% of them (1,575 ft² against a typical 1,818 ft²), its lot is bigger than 72% of them (0.5 ac against a typical 0.35 ac) and it is newer than 46% of them (1961 against a typical 1964). Measured against all of Marion County, it is worth more than 37% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5947 Melbourne Rd, Indianapolis, IN?

The 2025 property tax bill for 5947 Melbourne Rd, Indianapolis, IN was $5,521. The county assessed it at $241,300.

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