3 months on rocket

2648 S Meridian St, Indianapolis, IN, 46225

$130,000

Home List Price

$1,544*

Closing Credit

2 Bedrooms
1 Full Bath
$113/SqFt
House

Location

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2648 S Meridian St, Indianapolis$130,000

Buyer Closing Credits

$1,544*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1900
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #202432389
Lot Size0.13 Acres
StatusActive

About 2648 S Meridian St

Nestled in the heart of Indianapolis' historic "Old Southside," is this charming 2-bedroom, 1-bathroom home with a BONUS ROOM, that could easily be converted to a 3rd bedroom. This investment property is a prime opportunity for savvy investors. Meticulously maintained by a long-term tenant, the home remains in pristine condition. Additionally, a full attic provides the potential to be converted into more living space or an extra bedroom. Its prime location puts you just minutes away from the iconic Lucas Oil Stadium, the Indiana Convention Center, and the upcoming $1 billion Indy Eleven Stadium scheduled for completion in summer 2025. This neighborhood is surrounded by increased amenities, retail, and dining options, further enhancing its appeal. Schedule a viewing today and secure this prime investment opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1900

Listing Office:

  • Office Name: Highgarden Real Estate
  • Listing Agent: Jarah Ice

Interior Features

Interior Information:

  • Flooring Type: Carpet, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Aluminum

Parking Information:

  • Parking: None

Virtual/3D Tour

  • Virtual Tour: 2648 S Meridian St
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Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Use GPS :)

Price Information

Listing Price Info

Price Summary:

  • List Price: $130,000
  • Price Per SqFt: $113/SqFt

Tax Information:

  • Annual Amount: $1,648
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

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Indianapolis, IN

City

Med. Sold Price

$248.1K

Med. Price/SqFt

$140

Avg. Days On Market

36

# of Sold Homes

830

2648 S Meridian St vs Indianapolis

116 DAYS ON ROCKET

+80 Days

$130,000

-$118.1K Less

$113/SqFt

-$27 Less

KEY TAKEAWAY

This property is $118.1K less than the Median Sold Price and $27/SqFt less than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #202432389

Listing Office:

  • Office Name: Highgarden Real Estate
  • Listing Agent: Jarah Ice

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 8:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 05, 2018Home Sold
$84,700
Jan 29, 2018Home Sold
$21,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,648$5,700
2019$1,690$69,800
2018$538$67,000
2017$516$21,000

History based on county public records data.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4225802
3
/10

  • Eleanor Skillen Elementary School 34

  • 1410 Wade St

  • 1.32 miles

  • Public District Grades PK-6

school-card-donut-4225803
3
/10

  • Raymond F. Brandes Elementary School 65

  • 4065 Asbury St

  • 2.32 miles

  • Public District Grades PK-6

school-card-donut-4225804
3
/10

  • Piloted Schools Bethel Park

  • 2710 Bethel Ave

  • 2.47 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,955. Most Indianapolis, IN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2648 S Meridian St

What is the listing price of this property?

The listing price of 2648 S Meridian St property is $130,000.

What type of property is this?

The property 2648 S Meridian St is a house located in Indianapolis, Indiana, 46225.

Is this property for sale now?

Active Listing: 2648 S Meridian St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,648 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 5, 2018 for $84,700. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2648 S Meridian St has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 2648 S Meridian St is 1900.

Rocket Homes›Indiana›Marion County›Indianapolis›46225›2648 S Meridian St

This home is located at 2648 S Meridian St in Indianapolis, IN and zip code 46225 in the Garfield Park neighborhood. This home was built in 1900. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $130,000.

Over 170 listings were sold over their listed price in November 2024 in Indianapolis, IN. In the same period over 429 listings were sold below the listed price and 231 listings were sold for the listed price. In November 2024 in Indianapolis, IN there were 5.8% less homes for sale than in October 2024. In November 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $248,146.

From Rocket Homes Real Estate and based on county public records data.

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