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5140 Melville Way

Indianapolis, IN 46239

3 bd 2 ba 1,324 sqft Built 2016 Lot 6,970 sqft single_family
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

No recorded events

No sale or listing events are on file for this property.

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $201,900 $38,100 $240,000 $2,251
2024 $203,900 $38,100 $242,000 $2,509
2023 $194,300 $38,100 $232,400 $2,411
2022 $159,500 $38,100 $197,600 $2,288
2021 $159,500 $38,100 $197,600 $2,060
2020 $146,700 $38,100 $184,800 $1,930
2019 $143,300 $27,900 $171,200 $1,792
2018 $139,200 $27,900 $167,100 $1,749
2017 $127,300 $27,900 $155,200 $1,583
2016 $27,900 $27,900 $837
2015 $300 $300 $9
2014 $300 $300 $9
2013 $300 $300 $6
2012 $300 $300 $6
2011 $200 $200 $4
2010 $200 $200 $3
2008 $200 $200 $6

Property facts

Year built
2016
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,324 sqft
Lot size
6,970 sqft
ZIP code
46239
City
Indianapolis
Street
Melville Way
Coordinates
39.69379, -86.01017

Comparable properties nearby

Block-level micro-comps

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

Frequently asked questions

When did 5140 Melville Way last sell?
No public-record sale is on file for 5140 Melville Way.
What is the current tax assessment for 5140 Melville Way?
The most recent total assessment for 5140 Melville Way (year 2025) is $240,000 with $2,251 in property tax.
When was 5140 Melville Way built?
5140 Melville Way was built in 2016.
How does 5140 Melville Way compare to others on Melville Way?
We track 6 other properties on Melville Way. Browse the list under "Other properties on Melville Way" to compare beds, baths, and sale history.
What are the property facts for 5140 Melville Way?
5140 Melville Way is a 3 bed, 2 bath, 1,324 sqft, 6,970 sqft lot single_family.
Is 5140 Melville Way a flip candidate?
No — 5140 Melville Way does not appear in our flips dataset.
Is 5140 Melville Way a tax-appeal candidate?
No — 5140 Melville Way 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
-3.1%
Implied 1-yr
-12.3%
2026 Q3
$283.3K
2026 Q4
$272.4K
ZIP 46239 — Median Price History + Forecast

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