Active

$499,000

506 Melrose Avenue
Columbus, OH 43202

INDIANOLA HIGHLANDS

4
Beds: 2
Baths: 1,628
Sq Ft: 0.12
Acres: 2 car
Garage

About this home

Rare find in Clintonville! 506 Melrose Ave offers the ultimate blend of historic neighborhood charm and the absolute peace of mind of new construction. Taken completely down to the studs, this 4-bedroom, 2-bath home has been metic...

List price: $499,000
Original list price: $539,000
Days on market: 5 days
Annual property taxes: $5,166 / year
Auditor market value: $327,500
Year built: 1910

MLS # 20260513130349876457000000 · Listed by Ajay B Pandya · e-Merge Real Estate Unlimited · Listed Aug 17, 2026 · Updated Aug 17, 2026

Property details

Property overviewProperty type, age, and public-record identifiers

Property type: Residential
Property subtype: Single Family Residence
County: Franklin
Township: None
Subdivision: INDIANOLA HIGHLANDS
Parcel number: 010-007271
Year built: 1910
Basement: Yes

Listing informationMLS, status, agent, brokerage, and dates

MLS number: 20260513130349876457000000
Status: Active
MLS: Columbus and Central Ohio Regional MLS
Listing office: e-Merge Real Estate Unlimited
Listing agent: Ajay B Pandya
List date: Aug 17, 2026

Property historyReviewed county sale records

May 15, 2025: Sold · $286,000
Nov 9, 2023: Sold · $230,000
Mar 17, 1993: Sold · $0
Sep 1, 1986: Sold · $50,500
Jan 1, 1984: Sold · $0

View county record

Location & neighborhood

Whetstone High3/5 starsGrades 9th, 10th, 11th and 12th · District map estimate
Dominion Middle3/5 starsGrades 6th, 7th and 8th · District map estimate
Clinton Elementary4/5 starsGrades KG, 1st, 2nd, 3rd, 4th and 5th · District map estimate

View more schools

School boundaries and likely assignments are estimates from public district maps, not guaranteed enrollment. Independently verify every school and attendance assignment with the district before enrollment or a real-estate decision.

How this home fits the Columbus market

Median sale price: $150K
Sale-to-list price: 95.0%
Estimated months supply: 6.8 mo

Median sale price

The completed July 2026 data points to a buyer-leaning market. The median verified sale price was 44.9% lower than in July 2025.

Completed July 2026 MLS evidence; incomplete metrics are omitted.

Payment estimate

Estimated monthly housing cost

Adjust the financing assumptions below. Verified listing facts are filled in when available.

Home price$Down payment%Loan termInterest rate%Property taxes / year · MLS$Home insurance / year · Estimated$HOA/COA fees / month · Not provided$

Estimated monthly payment

$3,162

Estimated loan amount: $399,200

Principal & interest: $2,523
Property taxes: $431
Home insurance: $208
HOA/COA fees: Not included

“Not included” means no reliable source value was available. Enter a confirmed amount for a fuller estimate.

Planning estimate only—not a loan offer, official Loan Estimate, or insurance quote. Confirm actual costs with your lender and other providers.

Estimate details

Insurance starts at a planning estimate of 0.5% of the home price per year. Items shown as “Not included” are excluded from the total. The estimate does not include closing costs, utilities, maintenance, special assessments, or every lender and escrow charge; mortgage insurance may also apply based on the loan.