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$1,795,000 ↓$130,000on 11/22/2024

5235 N Meridian Street Indianapolis, IN  46208

  • 6 Beds
  • 6 Baths
  • 8,281 sq. Ft
EXPLORE TUCKER LUXURY

Property Description for 5235 N Meridian Street Indianapolis, IN 46208

This North Meridian Tudor residence exudes luxury and sophistication. As you step into the grand foyer adorned with exquisite Tennessee pink marble, you are immediately enveloped in the timeless elegance of this expansive home. Once the celebrated 2014 decorator showhouse, this property boasts an array of refined interior features. The formal living room, with its adjacent enclosed patio and music room, sets an opulent tone, highlighted by pristine hardwood floors and intricate crown moldings throughout. The all-wood office at the front of the home offers a stately space for work or study. The well-appointed kitchen, complete with a spacious Butler's pantry, Vermont Danby marble countertops, SS appliances and large island is designed for grand entertaining. On the second level, you will find six generously sized bedrooms, including the luxurious primary suite. The primary bathroom has been meticulously updated, featuring a large walk-in shower, a soaking tub, and radiant heated floors. The master closet is a dream come true, complete with a center island and a cabinet-depth stacked washer and dryer. The third level provides a versatile space perfect for a teenager or nanny suite, an arts and crafts studio, or additional storage. The lower level is designed for relaxation and entertainment, featuring a family room with a bar area, a gas or woodburning fireplace and also including a laundry room, and ample storage. The expansive backyard has endless possibilities, with enough space to accommodate a pool and an outdoor kitchen, perfect for lavish outdoor gatherings. Additional parking spaces behind the home including a four car garage. Updated landscaping, a tile roof and cooper gutters!

Address:5235 N Meridian Street Indianapolis IN 46208
Status:Active
on site: 198 days
Price:$1,795,000
Bedrooms:6 Beds
Bathrooms:4 Full Baths, 2 Half Baths
Sq. Feet:8,281
Year Built:1927
Lot Size:0.68
County: Marion
Township: Washington
MLS #:21981486
Property Type:Single Family Residence
Buyer Broker Compensation: 2.00%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:29795
Lot Features:Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :2,728
Upper Level Sq. Ft. :3,174
Total Sq. Ft. :8,281
Basement:Yes

Loan Price
$11,441
Price And Interest $9,364/month
Property Tax $1,329/month
MTG INS $0/month
HOME INS $748/month
Price
$1,795,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$1,329/month
Home Owner Insurance
$8,976 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/22/24 $1,925,000 $1,795,000 -6.75%
07/12/24 $1,950,000 $1,925,000 -1.28%

RoomSizeLevel
Living Room 19x14 Main
Kitchen 15x18 Main
Breakfast Room 9x14 Main
Dining Room 14x19 Main
Office 9x15 Main
Sun Room 10x17 Main
Bonus Room 10x13 Main
Primary Bedroom 14x17 Upper
Bedroom 2 12x13 Upper
Bedroom 3 12x13 Upper
Bedroom 4 12x15 Upper
Bedroom 5 13x13 Upper
Bedroom 6 13x13 Upper
Loft 9x13 Upper
Attic 9x13 Upper
Family Room 16x23 Basement
Laundry 15x20 Basement

Semi-Annual Property Tax:$7,972
Tax Year:2023
Other Disclosures:Historic District
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
Subdivision: Washington Square
Zip Code:46208

Total Sq. Ft.:8,281
Interior Features:Attic Access, Hardwood Floors, Windows Thermal, Walk-in Closet(s), Entrance Foyer, Pantry
Interior Area(s):Living Room Formal
Eating Area(s):Breakfast Room, Formal Dining Room
Appliances:Electric Cooktop, Dishwasher, Down Draft, Dryer, Disposal, Humidifier, Microwave, Double Oven, Convection Oven, Refrigerator, Bar Fridge, Tankless Water Heater, Washer, Water Purifier, Water Softener Owned
Equipment:Multiple Phone Lines, Security Alarm Paid, Smoke Alarm
Exterior Features:Sprinkler System
Exterior Type:Brick, Stone
Fireplace(s):Basement, Den/Library Fireplace, Living Room
Cool:Central Electric
Heat:Dual, Forced Air, Heat Pump, Electric, Gas
Water Heater:Electric Cooktop, Dishwasher, Down Draft, Dryer, Disposal, Humidifier, Microwave, Double Oven, Convection Oven, Refrigerator, Bar Fridge, Tankless Water Heater, Washer, Water Purifier, Water Softener Owned
Total Rooms:16
EXPLORE TUCKER LUXURY
Jerry Gemmecke, REALTOR®/Broker, F. C. Tucker Company
Jerry Gemmecke
Phone (317) 445-2434
Additional Phone (317) 844-4200
F.C. Tucker Company

Listing provided courtesy of Jerry Gemmecke with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/28/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Indianapolis Market Report

130
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $1,436.60. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $265,000.00 and the average price per square feet is $153.99 per square feet. At the moment, the amount of homes listed is exactly 9886 houses, with 2272 with active status, 1101 with pending status and 6513 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,058.56. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 69 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 1317 minutes ago.

At the moment we have 90 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $38,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2103.24 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.