North Meridian
$417,277
Average Value
Historic buildings converted into modern condos define North Meridian housing
Housing in North Meridian offers a mix of modern condominiums and townhomes, many of which are converted from historic buildings, adding to the area's charm. A notable example is the Meridian Arch Condos, housed in a former church featuring Gothic and Greek Revival architecture, with striking high ceilings and tracery windows. Condos in the neighborhood typically range from $210,000 to $420,000, with standout properties like the Indianapolis Athletic Club Condos priced at $330,000. Larger three-bedroom condos can fetch up to $950,000. Townhomes vary in price, with options around $240,000 or larger two-bedroom townhomes priced up to $650,000. The median price of homes is $313,000. The CAP Index score in the neighborhood is a 10, which is way higher than the national average of 4 being that it is in downtown Indianapolis.A mix of southern comfort food and arcade fun defines the dining scene
North Meridian residents are just steps away from some of downtown Indianapolis’s most popular eateries. The Flatiron on Penn serves up vintage American dishes, including their popular Mac-N-Salad, a unique twist on mac and cheese with a side salad and toasted bread. The Eagle, known for its southern-style fried chicken, pairs comfort food with craft beer, offering classics like shrimp and grits and spoonbread. For a nostalgic night out, 16-Bit Bar + Arcade combines craft beer with over 30 vintage arcade games, creating a fun spot for residents to unwind. "It's a fun place to have a beer and play your favorite vintage video game," says Susan Forrest, Realtor with United Real Estate Indianapolis. Even with these great dining options nearby, residents can easily pick up groceries at the Kroger on West Michigan Street when they feel like cooking at home. Circle Centre Mall is nearby the neighborhood with Family Dollar for essentials and chain restaurants including Panda Express, Chipotle and Starbucks.The Indiana Black Expo brings a summer of celebration to the neighborhood
One of the neighborhood’s biggest events is the Indiana Black Expo Summer Celebration, held each July at the American Legion Mall. This event, which has supported Black businesses and successes since 1971, combines educational summits, live music, and parties, bringing the community together. North Meridian also takes part in Memorial Day ceremonies at the mall, honoring those who fought in World War II and other wars with a beautiful and solemn tribute. The Indiana War Memorial Museum features a diverse collection of military artifacts that honor Indiana's veterans. Visitors can explore exhibits reflecting Indiana's rich military history across various conflicts, from the Battle of Tippecanoe to present-day engagements, providing a deep appreciation for the sacrifices made by Hoosier soldiers.North Meridian students attend top-rated schools in the city
North Meridian residents have access to some of Indianapolis’s best educational options. Students can attend Washington Irving School 14 for elementary education and continue on to Herron High School, which has an A+ rating on Niche.com. Herron High offers a liberal arts education, preparing students for college by developing critical thinking and learning skills through a robust curriculum.University Park offers a walkable green space with historical monuments
Living in North Meridian means having easy access to parks that are both beautiful and historic. University Park is a short walk from most condos, featuring the iconic Depew Fountain and statues of President Benjamin Harrison and Abraham Lincoln. This green space serves as a peaceful spot for residents to enjoy nature while taking in the history of the city. The nearby American Legion Mall provides more space for walking, picnicking, and taking part in the neighborhood’s cultural events.North Meridian Street is a major thoroughfare
For those driving, the neighborhood is close to major streets like North Meridian Street and West Michigan Street, providing easy access to Interstate-465, which is a beltway looping through the city.
Written By
Brian Saunders
Photography Contributed By
Tyson Le
Video By
Maurice Boone
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Agents Specializing in this Area
-
Chuck Pennington
Chuck Pennington
Victor & Valor Property Group
(833) 479-1759
138 Total Sales
6 in North Meridian
$200K - $385K Price Range
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Aaron Parris
Aaron Parris
Sweetwater Realty LLC
(866) 515-5873
41 Total Sales
1 in North Meridian
$350,000 Price
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Tom Lazzara
Tom Lazzara
Lazzara Real Estate
(877) 829-7809
90 Total Sales
1 in North Meridian
$201,500 Price
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Michelle Jackson
Michelle Jackson
RE/MAX Advanced Realty
(888) 482-1335
102 Total Sales
1 in North Meridian
$480,000 Price
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Samuel Hawkins
Samuel Hawkins
Responds QuicklyF.C. Tucker Company
(833) 695-1766
198 Total Sales
4 in North Meridian
$630K - $2.3M Price Range
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Shelley Hansell
Shelley Hansell
Keller Williams Indy Metro NE
(463) 209-6936
133 Total Sales
2 in North Meridian
$280K - $310K Price Range
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
- 9th to 12th
- Public
- Pre-K to 6th
- Public
- K to 12th
- Private
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Parks in this Area
Colts Canal Playspace
- Playground
- Multi-Purpose Field
- Walking Paths
Shawn Grove Park
- Picnic Area
- Playground
University Park
White River State Park
- Boating
- Fishing
- Kayak/Canoe
Herron-Morton Place Historic Park
Great Oak Commons
- Picnic Area
- Trails
- Multi-Purpose Field
Transit
Neighborhood Facts
Number of Homes in Neighborhood
152
Median Year Built
1955
Average Single Family Home Size Sq Ft
1,708
Below the national average
1,924
Average Townhouse Size Sq Ft
1,479
Average 2 Bedroom Size Sq Ft
1,523
Average 1 Bedroom Size Sq Ft
1,142
Median Lot Size Sq Ft
2,395
Distribution of Home Values
Homes for Sale
Homes for Rent
-
$1,341 - $3,660 per month
- Industry Indianapolis
- Studio-2 Beds
- 1-2 Baths
- 427+ Sq Ft
- 421 N Pennsylvania St
- Indianapolis, IN
-
-
$1,635 - $8,242 per month
- 220 Meridian
- Studio-3 Beds
- 1-3 Baths
- 505+ Sq Ft
- 220 N Meridian St
- Indianapolis, IN
Condo Buildings
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Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
3,711
Median Age
31
Population Density
14 ppl/acre
Population under 18
15.3%
Below the national average
23.8%
Population over 65
4.6%
Below the national average
19.1%
Finances
Median Household Income
$88,237
Above the national average
$71,702
Average Household Income
$106,317
Education and Workforce
High School Graduates
95.6%
College Graduates
81.9%
Significantly above the national average
34.1%
Advanced Degrees
34.2%
Above the national average
13.3%
% Population in Labor Force
76.4%
Weather
Annual Precipitation
43''
Average Winter Low Temperature
21°F
Average Summer High Temperature
85°F
Annual Snowfall
16''
Area Factors
Biker's Paradise
Bike Score®
99
/ 100
Walker's Paradise
Walk Score®
93
/ 100
Good Transit
Transit Score®
63
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
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