$65,500
SOLD JAN 7, 2025

1401 S Meridian St Indianapolis, IN 46225

Old Southside Neighborhood
0.12 Acre
$545,833 Price per Acre
5,314 Sq Ft Lot

Recently Sold

31% Above List Price

42 Days on Market

About This Lot

As of January 2025

This land is at the corner of South Meridian Street and Arizona Street. It is commercial land zoned C-4 that is just over a mile from downtown.

Last Agent to Sell the Property

Lynda King

RE/MAX Advanced Realty Brokerage Email: turnbillk@gmail.com License #RB14035185 Listed on: 08/28/2024

RE/MAX Advanced Realty

Last Buyer's Agent

Basim Najeeb

Keller Williams Indy Metro S License #RB19000202

Keller Williams Indy Metro S

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $304

Lot Details

  • 5,314 Sq Ft Lot

Community Details

  • Pennsylvania Cos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491113147009000101
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$304

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2023
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Pennsylvania Cos
  • Transaction Type: Sale
  • MBR_AttributionContact: turnbillk@gmail.com
  • Attribution Contact: turnbillk@gmail.com
  • Special Features: None

Exterior Features

  • List Price: 50000
  • Other Structures: Not Applicable
  • Topography: Level
  • Road Access: Street Cuts
  • Water: Municipal Water on Site

Utilities

  • Sewer: Municipal Sewer On Site
  • Solid Waste: No

Lot Info

  • Development Status: NoStatus
  • Horse Amenities: None
  • Lot Size Sq Ft: 5314
  • Parcel Number: 491113147009000101
  • Zoning: C-3
  • Acres: <1/4 Acre
  • Land Characteristics: Corner
  • Present Zoning: Commercial
  • Price Acre: 545833
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 304
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Jan 7, 2025
Sold by
Brightwell James A and Brightwell Catherine L
Bought by
Alijuboori Abdullah
Seller's Agent
Lynda King
RE/MAX Advanced Realty
Buyer's Agent
Basim Najeeb
Keller Williams Indy Metro S
List Price
$50,000
Sold Price
$65,500
Premium/Discount to List
$15,500
31%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.69%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $65,500 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 For Sale $74,000 +13.0% --
01/07/2025 01/07/25 Sold $65,500 +31.0% --
10/09/2024 10/09/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $50,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $302 $13,600 $13,600 --
2023 $302 $10,900 $10,900 $0
2022 $303 $10,900 $10,900 $0
2021 $323 $10,900 $10,900 $0
2020 $323 $10,900 $10,900 $0
2019 $19 $800 $800 $0
2018 $19 $800 $800 $0
2017 $17 $800 $800 $0
2016 $17 $800 $800 $0
2014 $17 $800 $800 $0
2013 $18 $800 $800 $0
Source: Public Records

Agents Affiliated with this Home

  • Basim Najeeb

    Seller's Agent in 2025

    Basim Najeeb

    Keller Williams Indy Metro S

    (317) 657-2442

    2 in this area

    276 Total Sales

    Basim Najeeb
    Section Image
  • Lynda King

    Seller's Agent in 2025

    Lynda King

    RE/MAX Advanced Realty

    (317) 431-2935

    1 in this area

    85 Total Sales

    Lynda King
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21999098

MIBOR Broker Listing Cooperative®

APN: 49-11-13-147-009.000-101

Indiana Marion County Indianapolis 46225 Old Southside

1401 S Meridian St, Indianapolis, IN

This home is located at 1401 S Meridian St, Indianapolis, IN 46225 and is currently priced at $65,500. 1401 S Meridian St is a home located in Marion County with nearby schools including Daniel Webster School 46, George Washington Community High School (9-12), and Arsenal Technical High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the 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. Some IDX listings have been excluded from this website.

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