2648 S Meridian Street, Indianapolis, IN 46225

$130,000 Asking Price

2 beds
1 bath
1,152  sqft
Built in 1900

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!

Features & Amenities

Interior

General:
Attic Stairway, Raised Ceiling(s)
Appliances:
Gas Water Heater, Electric Oven, Refrigerator
Laundry:
Laundry Room
Basement:
Cellar
A/C:
Central Electric
Heating:
Forced Air, Gas
Fireplace:
Fireplaces: 0

Exterior

Style:
Victorian
Other Structures:
Covered Porch
Parking:
None

Construction

General:
One and One Half, Block

Location

Originating MLS:
mibor
School District:
Indianapolis Public Schools
County:
Marion

Lot

Zoning:
Pt Se1/4 S23 T15 R3 318' S Ne Cor P.O.B. S40' W140' N40' E140' To Beg, 491123119044000101

Utilities

Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
Highgarden Real Estate, Jarah Ice

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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