$2,023,500
- 6 Beds
- 4 Baths
- 4,498 sqft (on 1 acre)
731 Indian River Dr, Melbourne, FL 32935
Est. Refi. Payment $13,422/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 24, 2015 for $825,000
Home Value
Trulia Estimate
$2.02MSince last month
Increased$46K (+2.3%)Since last year
Increased$96K (+5%)Since last sale
Increased$1M (+143.6%)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 +115% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $2.01M |
| August 2026 | $1.96M |
| July 2026 | $1.97M |
| June 2026 | $2.03M |
| May 2026 | $1.99M |
| April 2026 | $1.94M |
| March 2026 | $1.93M |
| February 2026 | $1.9M |
| January 2026 | $1.82M |
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 |
|---|---|---|---|---|---|---|---|
0.46 | Single-Family Home | $295,000 | 10/03/25 | 4 | 3 | 2,921 | |
0.40 | Single-Family Home | $395,000 | 08/24/26 | 3 | 3 | 2,588 | |
0.15 | Single-Family Home | $265,000 | 09/08/26 | 3 | 2 | 1,288 |
Home facts updated by county records
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 |
|---|---|---|---|---|---|---|
0.06 | $403,700 | 3 | 2 | 1,252 | Off Market | |
0.06 | $279,600 | 2 | 2 | 1,075 | Off Market | |
0.10 | $258,500 | 3 | 1 | 1,514 | Off Market | |
0.09 | $278,700 | 2 | 1 | 1,200 | Off Market | |
0.07 | $373,600 | 3 | 1 | 1,567 | Off Market | |
0.06 | $374,300 | 3 | 1 | 1,770 | Off Market | |
0.03 | $1,166,700 | 4 | 2 | 2,205 | Off Market | |
0.05 | $796,100 | 3 | 2 | 1,459 | Off Market | |
0.07 | $2,899,700 | 5 | 5 | 5,052 | Off Market | |
0.08 | $1,935,200 | 4 | 4 | 4,243 | Off Market | |
0.10 | $2,322,100 | 5 | 5.5 | 6,688 | Off Market | |
0.12 | $1,050,100 | 4 | 2 | 1,948 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1949
1 acre lot
4,498 sqft
$450/sqft
Garage
About this House
1 ACRE POOL HOME DIRECTLY ON THE INDIAN RIVER. HUGE TROPICAL POOL SET IN TRAVERTINE TILES WITH WIDE OPEN PANORAMIC VIEWS OF THE RIVER. AMAZING SETTING WITH BREATHTAKING VIEWS. NICE DOCK & COVERED BOAT LIFT. HUGE DECK OFF MASTER BEDROOM GREAT FOR ENJOYING THE MORNING SUNRISE. BEAUTIFUL PROPERTY WITH MATURE TREES & DETACHED WORKSHOP/SHED. HIGHLY UPGRADED KITCHEN W/CHERRY CABINETS & GRANITE COUNTERS. ACCORDION SHUTTERS. METAL ROOF. TILE FLOORS THROUGHOUT. RARE FIND WITH AN ACRE OF LAND ON THE RIVER. DON''T MISS IT.
731 Indian River Dr, Melbourne, FL 32935 is a 6 bedroom, 4 bathroom, 4,498 sqft single-family home built in 1949. It last sold for $825,000 on Aug 24, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,023,500, with a rent estimate of $5,322/month.
Home Details for 731 Indian River Dr
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Heating & Cooling Heating: Heat Pump, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile |
Interior Details Types of Rooms: Walk In Closet, Dining Room, Family Room, Laundry Room, Master Bath, Office, Sun RoomCeiling Fan |
Appliances & Utilities Cable ReadyDishwasherDisposalMicrowaveRefrigerator |
Fireplace & Spa Jetted Bath Tub |
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Exterior Home Features Roof: MetalDeckExterior: Other, Stone, Cement ConcreteLawnPatioPorchSprinkler System |
Pool Pool |
Parking & Garage GarageParking Spaces: 4Parking: Garage Attached |
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Year Built Year Built: 1949Year Updated: 1994 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 1 acre |
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On Site Laundry Available |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 24, 2015 Source: Space Coast AOR #725794 | Sold | $825,000 |
Jul 5, 2015 Source: Agent Provided | Pending | $899,000 |
May 22, 2015 Source: Agent Provided | PriceChange | $899,000 Price decreased by 3% |
Mar 29, 2015 Source: Agent Provided | PriceChange | $929,000 Price decreased by 2% |
Jan 9, 2015 Source: Agent Provided | Listed For Sale | $949,000 |
Nov 15, 2013 Source: Space Coast AOR #664296 | Sold | $765,000 |
Aug 6, 2013 Source: Agent Provided | PriceChange | $450,000 Price decreased by 7% |
Jul 2, 2013 Source: Agent Provided | PriceChange | $485,000 Price decreased by 46% |
May 1, 2013 Source: Agent Provided | PriceChange | $899,000 Price decreased by 3% |
Apr 3, 2013 Source: Agent Provided | PriceChange | $923,000 Price decreased by 8% |
Sep 1, 2012 Source: Agent Provided | Listed For Sale | $999,900 |
May 28, 1998 Source: N/A | Sold | $465,000 |
Jun 29, 1994 Source: N/A | Sold | $300,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $14,877 | $1,207,040 |
Home facts updated by county records
Market trends in Melbourne
Last updated August 2026
Avg. sale price
$371K
$3.17KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$221
$1MoM
Available listings
783
4MoM
Around this home
What Locals Say about Melbourne
At least 923 Trulia users voted on each feature.
88 % Say car is needed
88 % Say it's dog friendly
83 % Say parking is easy
74 % Say yards are well-kept
74 % Say there are sidewalks
72 % Say there's holiday spirit
69 % Say it's quiet
65 % Say people would walk alone at night
61 % Say kids play outside
58 % Say streets are well-lit
53 % Say neighbors are friendly
50 % Say there's wildlife
49 % Say they plan to stay for at least 5 years
43 % Say it's walkable to grocery stores
40 % Say it's walkable to restaurants
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 731 Indian River Dr
- What is 731 Indian River Dr estimated to be worth?Trulia's estimated value for 731 Indian River Dr in Melbourne, FL is $2,023,500.
- What is the price history for 731 Indian River Dr?731 Indian River Dr in Melbourne, FL last sold for $825,000 in August 2015.
- Is Melbourne a buyer's or seller's market?Melbourne is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Melbourne?The median sale price in Melbourne is $371K. That is up $3.17K from the prior month.
- Does 731 Indian River Dr have air conditioning?Yes, 731 Indian River Dr in Melbourne, FL has air conditioning.
- Does 731 Indian River Dr have a pool?Yes, 731 Indian River Dr in Melbourne, FL has a pool.

