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5150 Melbourne Place

Zionsville, IN 46077

ActiveListed Oct 1, 2026 · 8 days on market

Key facts

Beds
4
Baths
3 full · 1 half
Living area
5,376 sqft
Lot
0.53 acres
Year built
2019
Type
Residential · Single Family Residence
Stories
One
Garage
3 spaces
MLS #
22129054
County
Boone
Subdivision
Pemberton
Total building area
5,720 sqft

About this home

Simply beautiful and distinctly one of a kind, this exceptional 4-bedroom, 3.5-bath ranch pairs architectural character with effortless first-floor living. Originally showcased as a Home-A-Rama home, this one-owner residence has been thoughtfully reimagined and extensively improved over the past six years, resulting in a home that feels sophisticated, comfortable, and completely current. Positioned on an impressive homesite with serene, tree-lined views, the setting offers remarkable privacy and a peaceful connection to the outdoors. Expansive windows fill the home with natural light, while the open kitchen flows seamlessly into the main living spaces and out to a cozy covered outdoor living room with fireplace-an inviting extension of the home for quiet mornings, relaxed evenings, and effortless entertaining. The primary suite is a retreat unto itself, highlighted by an extraordinary spa-inspired bath featuring an expansive walk-in shower and the aptly named "bathatorium." A fully custom closet offers beautifully concealed personal spaces and exceptional storage. Spacious rooms, thoughtful functionality, and an oversized garage further enhance the ease of everyday living. The lower level continues the experience with abundant natural light and beautifully finished spaces designed for both entertaining and relaxation. A dedicated home theatre, stylish bar, and spa area create a destination all their own. More than simply renovated, this home has been carefully transformed with an emphasis on quality, comfort, and timeless design. From its extraordinary lot and peaceful views to its distinctive amenities and extensive improvements, this former Home-A-Rama residence offers a level of character and livability that is increasingly difficult to replicate.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerMicrowaveGas OvenConvection OvenRange HoodBar FridgeRefrigeratorWasherWine CoolerGas Water HeaterWater PurifierWater Softener Owned
Interior features
Tray Ceiling(s)Walk-In Closet(s)Wet BarWoodWorkStain/PaintedBath Sinks Double MainEat-in KitchenEntrance FoyerHi-Speed Internet AvailblWired for DataKitchen IslandPantrySmart Thermostat
Other rooms and areas
Bedroom Other on Main
Flooring
Hardwood
Basement
Ceiling - 9+ feetDaylightPartially Finished
Fireplaces
2
Fireplace type
Family RoomGas StarterOutside
Laundry
Main Level
Windows
Screens
Rooms
10
Main-level bedrooms
2

Exterior

Exterior features
LightingSprinkler System
Patio and porch
CoveredPorch
Construction
BrickWood SidingStone
Foundation
Concrete PerimeterFull
Style
Craftsman
Parking and garage
Attached
Other equipment
Home TheaterSecurity SystemSecurity System OwnedSump Pump w/Backup

Systems

Heating
Forced AirNatural Gas
Cooling
Central AirHigh Efficiency (SEER 16 +)
Water
Public
Utilities
Cable AvailableNatural Gas Connected

Lot and HOA

HOA fee
$1,534 / annually
Lot features
CurbsSidewalksStreet LightsSuburbTrees-Small (Under 20 Ft)
HOA fee includes
Association Home OwnersEntrance CommonInsuranceMaintenanceParkPlaygroundManagementWalking Trails
HOA amenities
Maintenance GroundsManagementParkPlaygroundPoolTennis Court(s)Trail(s)InsuranceMaintenance

Schools

Middle school
Zionsville West Middle School
High school
Zionsville Community High School
School district
Zionsville Community Schools

Taxes

Estimated annual tax
$17,720 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$10,904per month, estimated
Principal and interest $8,695Property tax $1,477Insurance $604HOA $128
20% · $345,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$1,725,000
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