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3961 Melbourne Dr

Columbus, IN 47203

3 bd 2 ba 2,017 sqft Built 2009 Lot 7,479 sqft single_family
Most recent sale
$368,000
May 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 25, 2022 Sold $368,000 Public Record
May 11, 2022 Sold $368,000 MIBOR
Mar 29, 2022 Listed $369,900 MLS #21845652
Mar 30, 2017 Listing removed $299,900 MIBOR
Oct 27, 2016 Listing removed $299,900 JacksonCounty
Sep 21, 2016 Price changed $299,900 MLS #1178163
Aug 22, 2016 Listed $309,900 MLS #1178163
Jun 8, 2010 Listing removed $252,500 MIBOR
Jun 7, 2010 Listing removed $252,500 ColumbusIN
Jun 4, 2010 Sold $252,019 Public Record
Apr 17, 2010 Listed $252,500 MLS #21000648
Feb 25, 2010 Listed $252,500 MLS #21009771

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $324,800 $71,100 $395,900 $4,184
2024 $324,800 $71,100 $395,900 $4,387
2023 $261,800 $71,100 $332,900 $7,558
2022 $261,800 $88,900 $350,700 $3,822
2021 $247,200 $50,000 $297,200 $3,438
2020 $247,200 $50,000 $297,200 $3,436
2019 $247,200 $50,000 $297,200 $3,199
2018 $208,700 $50,000 $258,700 $2,822
2017 $207,400 $50,000 $257,400 $2,829
2016 $209,600 $50,000 $259,600 $2,858
2015 $211,800 $50,000 $261,800 $2,888
2014 $214,100 $50,000 $264,100 $2,967
2013 $214,100 $50,000 $264,100 $2,958
2012 $195,800 $50,000 $245,800 $3,480
2011 $186,000 $50,000 $236,000 $2,625
2010 $185,900 $49,300 $235,200 $3,710
2009 $164,200 $21,300 $185,500 $5

Property facts

Year built
2009
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,017 sqft
Lot size
7,479 sqft
ZIP code
47203
City
Columbus
Street
Melbourne Dr
Coordinates
39.24310, -85.86270

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,026
Gross rental yield
9.87%
Implied cap rate
6.41%
Trend-extrapolated value

Frequently asked questions

When did 3961 Melbourne Dr last sell?
3961 Melbourne Dr most recently sold on May 25, 2022 for $368,000.
What is the current tax assessment for 3961 Melbourne Dr?
The most recent total assessment for 3961 Melbourne Dr (year 2025) is $395,900 with $4,184 in property tax.
How does 3961 Melbourne Dr's assessment compare to its last sale price?
The current assessment is 7.6% above the last sale price of $368,000.
When was 3961 Melbourne Dr built?
3961 Melbourne Dr was built in 2009.
How does 3961 Melbourne Dr compare to others on Melbourne Dr?
We track 7 other properties on Melbourne Dr. Browse the list under "Other properties on Melbourne Dr" to compare beds, baths, and sale history.
What are the property facts for 3961 Melbourne Dr?
3961 Melbourne Dr is a 3 bed, 2 bath, 2,017 sqft, 7,479 sqft lot single_family.
Is 3961 Melbourne Dr a flip candidate?
No — 3961 Melbourne Dr does not appear in our flips dataset.
Is 3961 Melbourne Dr a tax-appeal candidate?
No — 3961 Melbourne Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-2.0%
2026 Q3
$327.7K
2026 Q4
$327.7K
ZIP 47203 — Median Price History + Forecast

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