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7441 Melanie Ln

Indianapolis, IN 46217

2 bd 2 ba 1,188 sqft Built 1981 Lot 436 sqft townhomes
Most recent sale
$122,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $122,000 Public Record
May 25, 2022 Sold $122,000 MIBOR
Mar 25, 2022 Listed $130,000 MLS #21845219
May 24, 2018 Sold $66,000 MIBOR
May 1, 2018 Listed $65,000 MLS #21563194
Sep 30, 2011 Sold $54,000 Public Record
Aug 1, 2011 Listing removed $54,900 MIBOR
Jun 14, 2011 Price changed $54,900 MLS #21119729
May 25, 2011 Price changed $59,900 MLS #21119729
May 10, 2011 Price changed $54,900 MLS #21119729
May 7, 2011 Price changed $58,900 MLS #21119729
May 1, 2011 Listing removed $60,750 MIBOR
May 1, 2011 Listed $59,900 MLS #21119729
Apr 26, 2011 Price changed $60,750 MLS #21041054
Apr 9, 2011 Price changed $60,900 MLS #21041054
Mar 17, 2011 Price changed $61,400 MLS #21041054
Mar 9, 2011 Price changed $61,900 MLS #21041054
Feb 25, 2011 Price changed $62,400 MLS #21041054
Jan 24, 2011 Price changed $62,900 MLS #21041054
Sep 25, 2010 Price changed $63,000 MLS #21041054
Aug 4, 2010 Listed $64,900 MLS #21041054

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $84,000 $22,200 $106,200 $942
2024 $78,900 $23,100 $102,000 $979
2023 $73,800 $22,500 $96,300 $845
2022 $61,300 $21,500 $82,800 $725
2021 $61,300 $21,500 $82,800 $786
2020 $60,700 $21,700 $82,400 $780
2019 $50,600 $21,300 $71,900 $611
2018 $58,900 $21,400 $80,300 $746
2017 $58,000 $21,200 $79,200 $630
2016 $57,800 $20,800 $78,600 $627
2015 $56,600 $20,800 $77,400 $535
2014 $56,000 $21,000 $77,000 $503
2013 $56,000 $21,000 $77,000 $539
2012 $53,900 $21,000 $74,900 $482
2011 $54,100 $22,300 $76,400 $436
2010 $54,100 $22,300 $76,400 $344
2008 $54,600 $22,300 $76,900 $510
2006 $66,600 $12,400 $79,000 $581

Property facts

Year built
1981
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,188 sqft
Lot size
436 sqft
ZIP code
46217
City
Indianapolis
Street
Melanie Ln
Coordinates
39.65800, -86.15941

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$732
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7441 Melanie Ln last sell?
7441 Melanie Ln most recently sold on Jun 1, 2022 for $122,000.
What is the current tax assessment for 7441 Melanie Ln?
The most recent total assessment for 7441 Melanie Ln (year 2025) is $106,200 with $942 in property tax.
How does 7441 Melanie Ln's assessment compare to its last sale price?
The current assessment is 13.0% below the last sale price of $122,000.
When was 7441 Melanie Ln built?
7441 Melanie Ln was built in 1981.
How does 7441 Melanie Ln compare to others on Melanie Ln?
We track 4 other properties on Melanie Ln. Browse the list under "Other properties on Melanie Ln" to compare beds, baths, and sale history.
What are the property facts for 7441 Melanie Ln?
7441 Melanie Ln is a 2 bed, 2 bath, 1,188 sqft, 436 sqft lot townhomes.
Is 7441 Melanie Ln a flip candidate?
No — 7441 Melanie Ln does not appear in our flips dataset.
Is 7441 Melanie Ln a tax-appeal candidate?
No — 7441 Melanie Ln 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
+0.0%
Implied 1-yr
+0.1%
2026 Q3
$254.3K
2026 Q4
$254.4K
ZIP 46217 — Median Price History + Forecast

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