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7131 Melanie Lane

Indianapolis, IN 46217

ActiveListed Nov 4, 2026 · 1 day on market

Key facts

Beds
3
Baths
2 full · 1 half
Living area
1,783 sqft
Lot
0.45 acres
Year built
1956
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22132566
County
Marion
Subdivision
Meridian Meadows
Total building area
2,378 sqft

About this home

Solid craftsmanship meets modern upgrades - all situated on a sprawling, 0.45-acre lot just 20 minutes from Downtown Indianapolis! From the curb, charming garden window boxes and classic all-brick construction set an inviting tone. Step inside to an entirely carpet-free layout highlighted by gleaming hardwood floors, elegant crown molding, and custom wainscoting. The main level offers 3 comfortable bedrooms, a thoughtfully updated main full bathroom, a convenient half bath, a cozy kitchen, and a spacious living room. The kitchen features painted white cabinets, a gas cooktop, and a built-in oven. The portable coffee station next to the refrigerator and kitchen table + chairs can stay! Downstairs, the versatile lower level maximizes your functional square footage. The finished portion is ready for entertaining with a built-in wet bar and the second full bathroom, alongside a dedicated bonus room ideal for a home gym or extra storage. The unfinished utility area provides ample workshop or storage capacity, complete with laundry, built-in shelving, and a utility sink. Outdoor entertaining is effortless across multiple spaces, featuring two exterior decks, a built-in outdoor grill, and a dedicated firepit area overlooking the expansive yard. A detached two-car garage provides secure parking and additional workspace. High-ticket updates and modern peace of mind include a roof replaced in 2021, a brand-new water heater (2026), installed Blink security cameras, and an INCLUDED HOME WARRANTY! Zoned for Perry Township schools, adjacent to SR-135, and 5 minutes from US 31, this charming home is located near ample shopping, restaurants, and amenities! Ask about potential LENDER CREDIT towards an interest rate buydown or towards closing costs when using a preferred lender! Lender credit amount is dependent upon the loan amount.

Description provided by the listing brokerage.

Interior

Appliances
Gas CooktopDryerDisposalGas Water HeaterMicrowaveOvenRange HoodRefrigeratorWasherWater Softener Owned
Interior features
Attic AccessEat-in KitchenPantryWet Bar
Flooring
Hardwood
Basement
Partially FinishedStorage Space
Laundry
In BasementSink
Windows
ScreensWood Frames
Security
Security System OwnedSmoke Detector(s)
Rooms
8
Main-level bedrooms
3

Exterior

Exterior features
Gas GrillFire Pit
Patio and porch
DeckPatio
Construction
Brick
Foundation
Block
Style
RanchTraditional
Parking and garage
Detached
Other equipment
Smoke AlarmSump Pump w/Backup

Systems

Heating
Forced AirNatural GasHeat Pump
Cooling
Central AirHeat Pump
Water
Public
Utilities
Cable Available

Lot and HOA

Lot features
Mature Trees

Schools

Elementary school
William Henry Burkhart Elementary
Middle school
Perry Meridian Middle School
High school
Perry Meridian High School
School district
Perry Township Schools

Taxes

Estimated annual tax
$2,384 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Price history

Every listing, price change and sale we have on record for this home.

DateEventPrice$/sq ft
Listed for sale$260,000$146 / sq ft
Sold$101,000$85 / sq ft
Listed for sale$106,900$90 / sq ft

Properties displayed may be listed or sold by various participants in the MLS.

Information deemed reliable but is not guaranteed accurate.

© 2026 MIBOR REALTOR® Association

Based on information submitted to the Broker Listing Cooperative listing service as of November 4, 2026

Estimate your monthly payment

$1,600per month, estimated
Principal and interest $1,311Property tax $199Insurance $91
20% · $52,000
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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Address
7131 Melanie Lane, Indianapolis, IN 46217
County
Marion
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Listed at$260,000
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