7618 Melrose Lane #534, Charlestown, IN, 47111
About This Home
NEW 5-bedroom, 3-bathroom home with 2,140 sqft of thoughtfully designed space and 3 car garage on tree lined lot! The popular Independence plan just got bigger! The open floor plan features an electric FIREPLACE with BUILT-IN cabinets and stained floating shelves, complemented by large windows. The eat-in kitchen boasts granite countertops, a TILE backsplash, appliances, and a LARGE ISLAND. The mudroom offers a built-in bench seat with storage. The Primary Suite includes a tiled shower, dual sinks, and a custom built-in closet. The bonus on this one is two additional bedrooms and a full bath upstairs, and easy access to the mechanical room housing the Energy Efficient Water Heater and Furnace. Enjoy the 3-car garage, and a deck for outdoor relaxation. All sq.ft. and measurements are approximate. SMART ENERGY RATED. Square feet is approx.; if critical, buyers should verify. LOT 534
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Brick,Hardboard,Frame,HardiPlank Type
Other
- Builder model: Independence
- Builder name: Schuler Homes
Type & Style
- Home type: SingleFamily
- Architectural style: One and One Half Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Oven,Range
- Laundry features: Main Level,Laundry Room
Bedroom
- Level: First
- Dimensions: 10 x 11.5
Bedroom
- Level: First
- Dimensions: 10 x 11.5
Bedroom
- Level: Second
- Dimensions: 13.10 x 14.2
Bedroom
- Level: Second
- Dimensions: 9.7 x 16.6
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Dining Room
- Level: First
- Dimensions: 13.6 x 11
Features
- Bookcases,Entrance Foyer,Eat-in Kitchen,Kitchen Island,Bath in Primary Bedroom,Main Level Primary,Mud Room,Open Floorplan,Split Bedrooms,Utility Room,Walk-In Closet(s)
- Number of fireplaces: 1
- Fireplace features: Electric
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 2,140
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,140
- Total interior livable area: 2,140 sqft
Kitchen
- Level: First
- Dimensions: 13.6 x 12.2
Living Room
- Level: First
- Dimensions: 11.3 x 16.1
Master Bedroom
- Level: First
- Dimensions: 12 x 13.6
Other
- Level: First
- Dimensions: 9 x 11.1
Other
- Level: First
- Dimensions: 5 x 5.9
Other
- Level: Second
- Dimensions: 5 x 9.9
Other
- Level: First
- Dimensions: 5.10 x 5.9
Other
- Level: First
- Dimensions: 3.9 x 5.9
Property
Details
- Parcel number: 101813500774000004
- Zoning: Residential
- Zoning description: Residential
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered,Deck,Patio,Porch
- Exterior features: Deck,Paved Driveway,Porch,Patio
Lot
- Lot size: 0.29 Acres
Parking
- Total spaces: 3
- Parking features: Attached,Garage Faces Front,Garage,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Tornado
- Cold Wave
- Lightning
- Inland Flooding
- Ice Storm
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,527 | $30,324 |
| Home Insurance * | $220 | $2,640 |
| Property Taxes | $295 | $3,540 |
| Electricity | $196 | $2,354 |
| Total | $3,238 | $38,856 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-10 | Listed for sale | $499,900 |
New Construction Spec
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