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(SOLD) $1,875,000

5250 N Meridian Street Indianapolis, IN  46208

  • 5 Beds
  • 6 Baths
  • 8,133 sq. Ft

Property Description for 5250 N Meridian Street Indianapolis, IN 46208

Step into a meticulously restored gem in Meridian-Kessler, built in 1927. This historical masterpiece features 5 bedrooms, 4 full bathrooms, and 2 half bathrooms. Primary bedroom has California closets. The exterior showcases oak doors, slate sidewalks, and a 3-car garage. Inside, original oak floors with walnut plugs and wood-paneled den retain the home's vintage charm, complemented by four fireplaces. The high-end kitchen boasts Taj Mahal quartzite countertops, a 48-inch Cafe gas range, Jenn Air fridge & freezer columns as well as a Thermador wine column. A finished third floor offers a spacious bonus room, office, and an additional bedroom. Outdoor living is a delight with a new 1500 sq ft paver patio, slate sidewalks and elevated porches. The basement is another highlight with a main family room, fireplace, ample storage and a speak-easy-style TV room complete with a sitting room and a 400-plus bottle wine cellar. This home was built ahead of its time with a poured concrete foundation, steel lath walls and plaster, separate floor structures and meticulously maintained by 2 homeowners over the almost 100 years. This residence seamlessly blends historic character with modern luxury, making it a rare find in the coveted Meridian-Kessler neighborhood. Home has double stack laundry, new custom steel railings throughout the interior to match the original exterior railings as well lighting throughout the home is designer grade, creating an ambiance that enhances every space. Experience the perfect marriage of vintage charm and contemporary living - schedule your private tour today.
QuickBuy option for home selling

Address:5250 N Meridian Street Indianapolis IN 46208
Status:Sold
Sold On: 3/29/2024
Price:$1,990,000
Bedrooms:5 Beds
Bathrooms:4 Full Baths, 2 Half Baths
Sq. Feet:8,133
Year Built:1927
Lot Size:0.68
County: Marion
Township: Washington
MLS #:21961011
Property Type:Single Family Residence

Lot Dimensions:29708
Lot Features:Sidewalks, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :2,275
Upper Level Sq. Ft. :3,583
Total Sq. Ft. :8,133
Basement:Yes

Loan Price
$11,352
Price And Interest $9,781/month
Property Tax $790/month
MTG INS $0/month
HOME INS $781/month
Price
$1,875,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$790/month
Home Owner Insurance
$9,372 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 15x18 Upper
Kitchen 20x14 Main
Dining Room 25x15 Main
Living Room 17x31 Main
Library 17x14 Main
Bedroom 2 12x15 Upper
Bedroom 3 17x14 Upper
Bedroom 4 15x14 Upper
12x8 Main
Bedroom 5 18x15 Upper
Play Room 21x19 Upper
Office 11x20 Upper
Family Room 25x15 Basement
Home Theatre 15x17 Basement
Sitting Room 10x13 Basement
Wine Cellar 10x17 Basement
Workshop 9x9 Basement
Utility Room 21x13 Basement

Semi-Annual Property Tax:$4,737
Tax Year:2022
Mandatory HOA Fee:$

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

Total Sq. Ft.:8,133
Interior Features:Attic Stairway, Built In Book Shelves, Raised Ceiling(s), Center Island, Entrance Foyer, Hardwood Floors, Pantry, Walk-in Closet(s), Windows Wood
Interior Area(s):Bath Jack-n-Jill, Utility Room
Eating Area(s):Dining Combo/Kitchen, Formal Dining Room
Appliances:Dishwasher, Gas Water Heater, Double Oven, Gas Oven, Range Hood, Refrigerator, Wine Cooler
Equipment:Smoke Alarm
Exterior Type:Brick
Fireplace(s):Basement, Den/Library Fireplace, Dining Room, Living Room
Cool:Central Electric
Heat:Dual, Forced Air, Gas
Water Heater:Dishwasher, Gas Water Heater, Double Oven, Gas Oven, Range Hood, Refrigerator, Wine Cooler
Total Rooms:17
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 5250 N Meridian Street Indianapolis, IN  46208


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Listing provided courtesy of Rick Elson with CENTURY 21 Scheetz from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 01/31/2024 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

78
Avg. DOM
$165.44
Avg. $ / Sq.Ft.
$ 289,000
Med. List Price

The house prices in Indianapolis are not dropping at the moment. There has been a increase in price of $558.50. 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 Up. The average house price is $290,000.00 and the average price per square feet is $165.93 per square feet. At the moment, the amount of homes listed is exactly 11610 houses, with 1489 with active status, 1503 with pending status and 8618 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 $3,048.12. 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 78 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 1671 minutes ago.

At the moment we have 30 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $5,500,000.00. 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 $35,000.00 . 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 1850 and the newest built house is in year 2024.

The average size of properties in Indianapolis is 2194.9 sq.ft. , the biggest one being 11598 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.