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3047 Meredith Ave, Indianapolis, IN, 46201

$114,000

Home List Price

$1,354*

Closing Credit

2 Bedrooms
1 Full Bath
1,680 SqFt
$68/SqFt
House

Location

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3047 Meredith Ave, Indianapolis$114,000

Buyer Closing Credits

$1,354*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1940
HeatingNatural Gas
CoolingNone
BasementYes
MLS #22007625
Lot Size0.12 Acres
StatusActive

About 3047 Meredith Ave

Charming ranch home in Forest Park on Indy's near eastside. Fantastic find for investors and anyone looking for a cozy place to call home. 2 bed / 1 bath with 840 SQFT features an impressive list of updates. Complete bathroom renovation, new water heater, baseboards and a fresh coat of paint inside and out (2024). Property feels bright and inviting. New sewer line installed in 2023 and laminate hardwood flooring added (2022). Recent repairs to the foundation and chimney enhance the home's stability. Front entry ramp makes the property accessible to all. Moments from downtown, Bottleworks District, Christian Park and Irvington. Whether you're looking to grow your investment portfolio or find a new place to settle down, this delightful ranch is definitely worth a visit!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1940
  • Living Area: 1,680 SqFt

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: katie.fese@talktotucker.com
  • Listing Agent: Catherine Fese

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Water Heater
  • Basement: Yes
  • Interior: Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Storage Shed

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $114,000
  • Price Per SqFt: $68/SqFt

Tax Information:

  • Annual Amount: $183
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$248.1K

Med. Price/SqFt

$140

Avg. Days On Market

36

# of Sold Homes

830

3047 Meredith Ave vs Indianapolis

58 DAYS ON ROCKET

+22 Days

$114,000

-$134.1K Less

$68/SqFt

-$72 Less

KEY TAKEAWAY

This property is $134.1K less than the Median Sold Price and $72/SqFt less than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22007625

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: katie.fese@talktotucker.com
  • Listing Agent: Catherine Fese

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 1:16:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$183$43,600
2019$220$35,400
2018$195$31,500
2017$184$30,700

History based on county public records data.

Payment Calculator

$636

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$408

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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-975451
6
/10
  • William McKinley Elementary School 39

  • 1733 Spann Ave

  • 0.98 miles

  • Public District Grades PK-6

school-card-donut-975452
4
/10
  • Thomas D. Gregg Elementary School 15

  • 2302 E Michigan St

  • 1.01 miles

  • Public District Grades PK-6

school-card-donut-975453
3
/10
  • Christian Park Elementary School 82

  • 4700 English Ave

  • 1.22 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,515. Typical income of Indianapolis, IN residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3047 Meredith Ave

What is the listing price of this property?

The listing price of 3047 Meredith Ave property is $114,000.

What type of property is this?

The property 3047 Meredith Ave is a house located in Indianapolis, Indiana, 46201.

Is this property for sale now?

Active Listing: 3047 Meredith Ave 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 $183 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3047 Meredith Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3047 Meredith Ave is 1,680 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3047 Meredith Ave is 1940.

Rocket HomesIndianaMarion CountyIndianapolis462013047 Meredith Ave

This home is located at 3047 Meredith Ave in Indianapolis, IN and zip code 46201 in the Forest Park neighborhood. This 1,680 square foot home, which was built in 1940, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $114,000.

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 median list price was $248,146 and the average listing age was 36 days.

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

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