Middletown property sells for $4.1M

THE PROPERTY AT 393 Indian Ave. has sold for $4.1 million. / COURTESY LILA DELMAN REAL ESTATE
THE PROPERTY AT 393 Indian Ave. in Middletown has sold for $4.1 million. / COURTESY LILA DELMAN REAL ESTATE

Middletown – The property at 393 Indian Ave. has sold for $4.1 million, according to Lila Delman Real Estate Tuesday. The six-bedroom, five-bathroom home sits on just over 2 acres of waterfront property.

The 5,790-square-foot home features a three-car garage, two fireplaces, an open floor plan, a wrap-around porch and a covered second-story porch.

The sellers were represented by Paul Fleming with William Raveis Chapman Enstone. The buyers were represented by Melanie Delman, Lila Delman Real Estate president, and Keith Marvelle, sales associate.

“Recognizing location and value as primary attributes, these knowledgeable buyers chose this Indian Avenue waterfront property over others outside Rhode Island,” Delman said.

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The property was last appraised at $3.5 million in 2017 under the ownership of the Steiner Donald GST Grantor Trust.

The transaction was the largest sale in Middletown year to date, according to data from the Rhode Island Statewide MLS.

Chris Bergenheim is the PBN web editor.