29 days on rocket

8809 S Meridian St, Indianapolis, IN, 46217

$300,000

0.94 Acres
Land

Location

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Property Highlights

Home TypeBusiness
MLS #22008073
Lot Size0.94 Acres
StatusActive

About 8809 S Meridian St

Discover the endless possibilities with this exceptional 0.94-acre commercial land opportunity located at 8809 S Meridian St in the bustling city of Indianapolis, Indiana. Boasting a strategic location and versatile existing structure, this property offers a rare opportunity for developers, investors, and business owners alike. Strategic Location: Situated on the highly desirable S Meridian St, this property enjoys high visibility and easy access to major transportation routes, ensuring maximum exposure and accessibility for businesses and customers alike. Versatile Existing Structure: Featuring existing house on the premises, this property offers the flexibility to utilize the structure as office spaces, retail outlets, or other commercial purposes, providing immediate occupancy options for businesses seeking a turnkey solution. Redevelopment Potential: Alternatively, the existing house could be razed to make way for new development, allowing for the construction of custom-designed office buildings, retail centers, or mixed-use developments tailored to the specific needs of the buyer. Ample Space: Spanning 0.94 acres, this parcel provides ample space for development projects, offering endless possibilities. Utilities Accessible: Essential utilities such as water, electricity, gas, and sewer connections are readily available, streamlining the development process and minimizing infrastructure costs. Ideal for Office complexes, Retail centers, Mixed-use developments, Medical facilities, Professional services, And more! Don't miss out on this exceptional opportunity to capitalize on the potential of one of Indianapolis's most coveted commercial locations. Whether you're looking to establish a new business or embark on a redevelopment project, this prime land parcel offers the perfect canvas to bring your vision to life.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Indpls Metro N
  • Office Email: josielavey@kw.com
  • Listing Agent: Josie Lavey

Lot Features

Lot Information:

  • Lot Size: 0.94 Acres

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
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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

$245.5K

Med. Price/SqFt

$139

Avg. Days On Market

31

# of Sold Homes

946

8809 S Meridian St vs Indianapolis

29 DAYS ON ROCKET

-2 Days

$300,000

+$54.4K More

KEY TAKEAWAY

This property is $54.4K more than the Median Sold Price in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22008073

Listing Office:

  • Office Name: Keller Williams Indpls Metro N
  • Office Email: josielavey@kw.com
  • Listing Agent: Josie Lavey

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

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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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Last updated on: 11/21/2024, 7:16:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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NMLS#3030

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-216774
7
/10

  • Perry Meridian 6th Grade Academy

  • 202 W Meridian School Rd

  • 0.87 miles

  • Public District Grades 6-6

school-card-donut-216775
5
/10

  • Douglas MacArthur Elementary School

  • 454 E Stop 11 Rd

  • 1.06 miles

  • Public District Grades 1-5

school-card-donut-216776
6
/10

  • North Grove Elementary School

  • 3280 W Fairview Rd

  • 1.22 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,391. The most common annual income of people living in Indianapolis, IN is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8809 S Meridian St

What is the listing price of this property?

The listing price of 8809 S Meridian St property is $300,000.

What type of property is this?

The property 8809 S Meridian St is land located in Indianapolis, Indiana, 46217.

Is this property for sale now?

Active Listing: 8809 S Meridian St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 8809 S Meridian St is 0.94 acres.
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Rocket Homes›Indiana›Marion County›Indianapolis›46217›8809 S Meridian St

This home is located at 8809 S Meridian St in Indianapolis, IN and zip code 46217 in the Southern Homes neighborhood. This home sits on a 0.94 acre lot. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $300,000.

In October 2024 more than 170 listings in Indianapolis, IN were sold above the asking price. During the same period more than 256 listings were sold at asking price, while more than 519 were sold below. The inventory of homes for sale in Indianapolis, IN between September 2024 and October 2024 increased by 3.7%. In October 2024 median list price was $245,515 and the average listing age was 31 days.

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

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