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$130,000

2648 S Meridian Street Indianapolis, IN  46225

  • 2 Beds
  • 1 Baths
  • 2,304 sq. Ft

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Property Description for 2648 S Meridian Street Indianapolis, IN 46225

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!
QuickBuy option for home selling

Address:2648 S Meridian Street Indianapolis IN 46225
Status:Active
on site: 59 days
Price:$130,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:2,304
Year Built:1900
Lot Size:0.13
County: Marion
Township: Center
MLS #:21990083
Property Type:Single Family Residence

Lot Dimensions:5600
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,152
Total Sq. Ft. :2,304
Basement:Yes

Loan Price
$898
Price And Interest $678/month
Property Tax $166/month
MTG INS $0/month
HOME INS $54/month
Price
$130,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$166/month
Home Owner Insurance
$648 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 15x14 Main
Kitchen 9x18 Main
Primary Bedroom 16x16 Main
Laundry 9x10 Main
Bedroom 2 15x13 Main
Bonus Room 9x10 Main

Semi-Annual Property Tax:$998
Tax Year:2023
Other Disclosures:As Is, Other
Mandatory HOA Fee:$

Area: 4911 - Marion - Center Nw
City:Indianapolis
Subdivision: No Subdivision
Zip Code:46225

Total Sq. Ft.:2,304
Interior Features:Attic Stairway, Raised Ceiling(s)
Eating Area(s):Separate Room
Appliances:Gas Water Heater, Electric Oven, Refrigerator
Exterior Type:Aluminum Siding
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Gas Water Heater, Electric Oven, Refrigerator
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Jarah Ice with Highgarden Real Estate from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/21/2024 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

81
Avg. DOM

The house prices in Indianapolis are not dropping at the moment. There has been a increase in price of $4,203.04. 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 $274,900.00 and the average price per square feet is $158.66 per square feet. At the moment, the amount of homes listed is exactly 13776 houses, with 2299 with active status, 1302 with pending status and 10175 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 $3,261.91. 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 68 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 1080 minutes ago.

At the moment we have 23 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 $1.00 . 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 2145.88 sq.ft. , the biggest one being 14738 sq.ft. and the smaller being 443 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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