406 E  Melbourne Ave, Silver Spring, MD 20901
OFF MARKET

$401,800

Trulia Estimate
  • Studio
  • 1 Bath
  • 1,152 sqft

406 E Melbourne Ave, Silver Spring, MD 20901

Indian Spring Park
Est. Refi. Payment $2,556/mo*
Refinance Your Home

Home Value

Trulia Estimate
$402K
Since last month
Decreased$3K (-0.8%)
Since last year
Decreased$22K (-5.3%)
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 increased by +18% in the last 10 years
MonthEstimated value
2026
September 2026$402K
August 2026$406K
July 2026$412K
June 2026$423K
May 2026$431K
April 2026$427K
March 2026$422K
February 2026$413K
January 2026$417K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
0.21
Single-Family Home
$390,000
12/12/25
2
1
924
0.13
Single-Family Home
$515,000
01/30/26
2
1.5
1,415
0.15
Single-Family Home
$569,000
05/07/26
3
2
1,530
0.45
Single-Family Home
$507,500
04/14/26
2
1
1,073
0.27
Single-Family Home
$520,000
06/24/26
4
2
1,128
0.26
Single-Family Home
$530,000
04/20/26
2
2
1,310
0.03
Single-Family Home
$649,000
09/14/26
4
2.5
2,169
0.47
Single-Family Home
$725,000
04/06/26
3
1
1,542
0.36
Single-Family Home
$667,000
10/02/25
3
2
1,332
0.24
Single-Family Home
$550,000
10/31/25
4
2
1,712

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
0.03
$649,000
4
2.5
2,169
Recently Sold
0.01
$439,100
2
1
1,116
Off Market
0.04
$744,600
4
3
2,478
Off Market
0.05
$608,000
3
1.5
1,622
Off Market
0.12
$525,000
3
1
1,080
Recently Sold
0.07
$631,000
4
2.5
2,166
Off Market
0.11
$705,600
3
1.5
1,790
Off Market
0.15
$569,000
3
2
1,530
Recently Sold
0.09
$739,000
4
2.5
2,116
Recently Sold
0.11
$542,300
5
2.5
1,564
Off Market
0.14
$574,700
4
2.5
1,564
Off Market
0.12
$656,700
5
2.5
2,070
Off Market

Local Information

  • Map ViewExplore the area around 406 E Melbourne Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1942
1,152 sqft
$349/sqft

About this House

This single-family home is located at 406 E Melbourne Ave, Silver Spring, MD. 406 E Melbourne Ave is in the Indian Spring Park neighborhood in Silver Spring, MD and in ZIP code 20901. This property has 1 bathroom and approximately 1,152 sqft of floor space. This property has a lot size of 5615 sqft and was built in 1942.
406 E Melbourne Ave, Silver Spring, MD 20901 is a studio, 1 bathroom, 1,152 sqft single-family home in Indian Spring Park, built in 1942. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $401,800, with a rent estimate of $2,646/month.

Home Details for 406 E Melbourne Ave

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: RadiantHeating Fuel: Radiant
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Other

Property Information

Year Built
Year Built: 1942
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Community

Units in Building: 1

Lot Information

Lot Area: 5615 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$4,234
$363,167
Home facts updated by county records

Market trends in Silver Spring

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$546K
$12.17K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$278
$2
MoM
Available listings
662
27
MoM

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Indian Spring Park

At least 8 Trulia users voted on each feature.
  • 100 % Say kids play outside

  • 100 % Say they plan to stay for at least 5 years

  • 93 % Say people would walk alone at night

  • 91 % Say parking is easy

  • 86 % Say it's quiet

  • 83 % Say there's wildlife

  • 82 % Say there's holiday spirit

  • 81 % Say yards are well-kept

  • 77 % Say there are sidewalks

  • 77 % Say it's dog friendly

  • 73 % Say streets are well-lit

  • 60 % Say car is needed

  • 58 % Say it's walkable to grocery stores

  • 58 % Say there are community events

  • 54 % Say neighbors are friendly

  • 50 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Bikerfitz
    "Safe, friendly neighborhood with lots of green space. Kids ride their bikes outside. Lots of dogs being walked. Close to everything. "
  • Mrjohnamcpherson
    "Lived here since 2003 and its great, the people who live here are great and the neighborhood is a great place. Silver Spring is a good place to live"

LGBTQ Local Legal Protections

Frequently asked questions about 406 E Melbourne Ave

  • What is 406 E Melbourne Ave estimated to be worth?
    Trulia's estimated value for 406 E Melbourne Ave in Silver Spring, MD is $401,800.
  • Is Silver Spring a buyer's or seller's market?
    Silver Spring is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Silver Spring?
    The median sale price in Silver Spring is $546K. That is up $12.17K from the prior month.
  • What do residents say about the Indian Spring Park neighborhood?
    Residents describe the Indian Spring Park neighborhood in Silver Spring, MD as established, easy to park in, and quiet. Most residents say you need a car. See recently sold homes in Indian Spring Park, Silver Spring.
  • How big is the lot at 406 E Melbourne Ave?
    The lot at 406 E Melbourne Ave in Silver Spring, MD is about 0.13 acres (5,615 sq ft).

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Off Market Homes Near 406 E Melbourne Ave

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