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$1,195,000 ↑$45,000on 9/9/2024(Pending)

645 S Meridian Street Indianapolis, IN  46225

  • 8 Beds
  • 8 Baths
  • 8,145 sq. Ft
EXPLORE TUCKER LUXURY

Property Description for 645 S Meridian Street Indianapolis, IN 46225

Fantastic opportunity to own a historic property as your future home, or as a turnkey STR vacation home Featuring three separate living quarters. The main house consists of four bedrooms and three full baths, with a large gourmet kitchen, large living spaces and outdoor areas for dining and relaxing. The penthouse has two full bedrooms, full kitchen, laundry, and amazing views of the downtown skyline. The carriage house has two full bedrooms, three full bathrooms, large open kitchen, and back patio with putting green. A total of 12 bedrooms and 8 bathrooms across all three properties combined. Great downtown location has you close to many amenities, sporting events, concerts, festivals, restaurants, and the convention center.

Address:645 S Meridian Street Indianapolis IN 46225
Status:Pending
on site: 93 days
Price:$1,195,000
Bedrooms:8 Beds
Bathrooms:8 Full Baths
Sq. Feet:8,145
Year Built:1890
Lot Size:0.16
County: Marion
Township: Center
MLS #:22000659
Property Type:Single Family Residence

Lot Dimensions:6970
Lot Features:Corner Lot, Sidewalks, Storm Sewer, Mature Trees
Water Source:Municipal/City
Directions:From South St and Madison Ave, head south on Madison, west onto Henry, continue south on Meridian. Home is two blocks south on the left, at Meridian and Norwood.
Main Level Sq. Ft. :6,845
Total Sq. Ft. :8,145
Basement:Yes

Loan Price
$8,317
Price And Interest $6,234/month
Property Tax $1,585/month
MTG INS $0/month
HOME INS $498/month
Price
$1,195,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$1,585/month
Home Owner Insurance
$5,976 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/09/24 $1,150,000 $1,195,000 3.91%
09/09/24 $1,950,000 $1,150,000 -41.03%

RoomSizeLevel
Bonus Room 13x11 Main
Great Room 17x14 Main
Library 15x15 Main
Bedroom 5 14x10 Upper
Primary Bedroom 15x15 Upper
Kitchen 24x13 Main
Living Room 16x14 Main
Bedroom 2 15x15 Upper
Bedroom 3 13x9 Upper
Dining Room 15x13 Main
Bedroom 4 14x10 Upper
Family Room 17x15 Main
Bedroom 6 12x12 Upper
Bedroom 6 12x12 Upper
Bedroom 6 12x12 Upper

Semi-Annual Property Tax:$9,509
Tax Year:2023
Other Disclosures:Sales Disclosure On File
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
Subdivision: Mccartys
Zip Code:46225

Total Sq. Ft.:8,145
Interior Features:Built In Book Shelves, Raised Ceiling(s), Hardwood Floors, Storms Some, Window Bay Bow, Wood Work Stained, Eat-in Kitchen, Entrance Foyer, Hi-Speed Internet Availbl, In-Law Arrangement
Interior Area(s):Living Room Formal, Laundry in Unit
Eating Area(s):Formal Dining Room
Appliances:Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Oven, Double Oven, Gas Oven, Range Hood, Refrigerator, Washer, Water Heater
Equipment:Security Alarm Monitored, Security Alarm Paid, Smoke Alarm
Exterior Features:Outdoor Fire Pit, Putting Green, Water Feature Fountain, Balcony
Exterior Type:Stucco, Wood
Fuel:No Fuel Source
Fireplace(s):Gas Log, Living Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Oven, Double Oven, Gas Oven, Range Hood, Refrigerator, Washer, Water Heater
Total Rooms:15
EXPLORE TUCKER LUXURY
Ted ODonnell, REALTOR®/Broker, F. C. Tucker Company
Ted ODonnell
Phone (317) 450-8041
Additional Phone (317) 844-4200
F.C. Tucker Company

Listing provided courtesy of Ted O'Donnell with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/08/2024 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 1591 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.