400 School St, Melbourne, AR 72556
Property image
Property image
SOLD
MAY 4, 2026

$184,600

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,225 sqft (on 1.20 acres)

400 School St, Melbourne, AR 72556

Est. Refi. Payment $1,120/mo*
Refinance Your Home
Currently Off Market - Sold May 4, 2026 for $185,000 (7% below list price)

Home Value

Trulia Estimate
$185K
Since last month
Decreased$2K (-1%)
Since last year
Decreased$52K (-22%)
Since last sale
Decreased$500 (-0.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -23% in the last 10 years
MonthEstimated value
2026
August 2026$185K
July 2026$186K
June 2026$186K
May 2026$185K
April 2026$197K
March 2026$197K
February 2026$195K
January 2026$189K
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
137 Sharp St, Melbourne, AR
0.55
Single-Family Home
$199,500
03/06/26
3
2
1,580
509 E Olive St, Melbourne, AR
0.44
Single-Family Home
$285,000
03/27/26
3
2.5
2,051
144 Larkin Rd, Melbourne, AR
0.32
Single-Family Home
$159,000
09/29/25
3
1
1,560
79 Sharp St, Melbourne, AR
0.48
Single-Family Home
$205,000
01/16/26
5
2.5
2,340
26 Sheffield Rd, Melbourne, AR
0.18
Single-Family Home
$139,061
02/04/26
3
1
1,240
94 Circle Dr, Melbourne, AR
0.90
Single-Family Home
$109,000
11/06/25
2
2
984
95 Deerfield Dr, Melbourne, AR
1.02
Single-Family Home
$255,000
09/04/26
5
3
2,196

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
342 School St, Melbourne, AR 72556
0.05
$150,700
3
2
1,212
Off Market
508 School St, Melbourne, AR 72556
0.11
$144,400
4
2
1,120
Off Market
45 Sheffield Rd, Melbourne, AR 72556
0.15
$99,800
1
1
600
Off Market
224 Knob Creek Rd, Melbourne, AR 72556
0.18
$144,700
2
1
1,032
Off Market
26 Sheffield Rd, Melbourne, AR 72556
0.18
$139,061
3
1
1,240
Recently Sold
151 Jay St, Melbourne, AR 72556
0.24
$115,000
4
2
1,456
Off Market
122 Jay St, Melbourne, AR 72556
0.25
$90,000
2
1
936
Recently Sold
Jay St, Melbourne, AR 72556
0.26
-
-
-
-
Off Market
106 Larkin Rd, Melbourne, AR 72556
0.27
-
2
1
700
Off Market
382 Knob Creek Rd, Melbourne, AR 72556
0.31
$126,800
3
2.5
1,568
Off Market
144 Larkin Rd, Melbourne, AR 72556
0.32
$159,600
3
1
1,560
Off Market

Local Information

  • Map ViewExplore the area around 400 School St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2024
1.2 acre lot
1,225 sqft
$151/sqft

About this House

This newly built 3-bedroom, 2-bathroom barndominium offers the modern efficiency and country charm in a desirable location of Melbourne, Arkansas. Built with high-efficiency features, this home is designed for comfort, durability, and low maintenance. Situated on a 1.2-acre lot, the property provides just the right amount of space while still being easy to manage. From the back of the home, you’ll enjoy a beautiful view, creating a relaxing setting to start your mornings or unwind in the evenings. The detached barn/workshop adds additional storage space and room for projects, equipment, or hobbies. Inside, the home features an open and functional layout with a well-equipped kitchen. All kitchen appliances convey, making the move-in process even easier for the new owner. With its convenient location, energy-efficient design, and attractive price point, this property is a fantastic opportunity to own a modern home in the Ozarks. Listed for $199,000, this home won’t last long!
400 School St, Melbourne, AR 72556 is a 3 bedroom, 2 bathroom, 1,225 sqft single-family home built in 2024. It last sold for $185,000 on May 4, 2026 (7% below the $199,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $184,600, with a rent estimate of $1,402/month.
Last check for updates: about 18 hours ago
Listed by Cody W Cooper, (870) 291-7911
United Country Ozark Realty
Bought with: Cody W Cooper, (870) 291-7911, United Country Ozark Realty
Source: CARMLS, MLS#25037731

Home Details for 400 School St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Dining Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1225 Square Feet
Appliances & Utilities
Appliances: Free-Standing Range, Microwave, Electric Range, RefrigeratorMicrowaveRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric
Fireplace & Spa
Fireplace: NoneNo Fireplace
Gas & Electric
Electric: Elec-Municipal (+Entergy)
Windows, Doors, Floors & Walls
Door: Insulated DoorsFlooring: Concrete
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Concrete

Exterior Features

Exterior Home Features
Roof: MetalOther Structures: Barns/BuildingsFoundation: Slab
Parking & Garage
Parking: None
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 2024
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Barndominium
Building
Construction Materials: Metal/Vinyl Siding, Spray Foam InsulationNot a New Construction

Price & Status

Price
List Price: $199,000Price Per Sqft: $151/sqft
Status Change & Dates
Off Market Date: Mon Apr 20 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: MelbourneCommunity: Metes & Bounds

Building

Building Area
Building Area: 1225 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1.2 Acres

Energy

Energy Efficiency Features: Doors

Miscellaneous

Mls Number: 25037731Days In Mls: 201

Price and Tax history

DateEventPrice
May 4, 2026
Source: CARMLS #25037731
Sold
$185,000
Apr 21, 2026
Source: CARMLS #25037731
Contingent
$199,000
Mar 24, 2026
Source: CARMLS #25037731
PendingToActive
$199,000
Mar 17, 2026
Source: United Country #03061-641600
Pending
$199,000
Mar 16, 2026
Source: CARMLS #25037731
Contingent
$199,000

Market trends in Melbourne

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
42
2MoM

Around this home

What Locals Say about Melbourne

At least 5 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 89 % Say there's wildlife

  • 89 % Say yards are well-kept

  • 86 % Say car is needed

  • 85 % Say they plan to stay for at least 5 years

  • 80 % Say people would walk alone at night

  • 63 % Say it's walkable to grocery stores

  • 55 % Say kids play outside

  • 55 % Say there are community events

  • 52 % Say neighbors are friendly

  • 50 % Say it's quiet

  • 50 % Say there's holiday spirit

  • 40 % Say there are sidewalks

  • 40 % Say streets are well-lit

  • 38 % Say it's walkable to restaurants

  • 20 % Say it's dog friendly

Sourced by Trulia users. Learn more about our methodology.
  • Jenbrassfield
    "Great area. Right in the middle of several vacation spots such as Hardy, Calico Rock, Mountain Home, Bull Shoals. Tons of places to camp, fish, and swim. "
    0
    Flag
  • ElisabethM
    "I grow up outside of Melbourne and moved back after I married, my husband and I are looking to buy our own home in town soon. People are very friendly and it's a peaceful little town I just love it here"
    5
    Flag

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Frequently asked questions about 400 School St

  • What is 400 School St estimated to be worth?
    Trulia's estimated value for 400 School St in Melbourne, AR is $184,600.
  • What is the price history for 400 School St?
    400 School St in Melbourne, AR last sold for $185,000 in May 2026.
  • Is Melbourne a buyer's or seller's market?
    Melbourne is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Melbourne?
    Residents describe Melbourne, AR as easy to park in, well-kept, and established. Most residents say you need a car. See recently sold homes in Melbourne, AR.
  • Does 400 School St have air conditioning?
    Yes, 400 School St in Melbourne, AR has air conditioning.
  • How big is the lot at 400 School St?
    The lot at 400 School St in Melbourne, AR is about 1.2 acres.

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