$280,000
SOLD AUG 5, 2025
6 Beds
4 Baths
1,210 Sq Ft
5,401 Sq Ft Lot

Recently Sold

$231 Per Sq Ft

6% Below List Price

47 Days on Market

About This Home

As of August 2025

Updated residential duplex property walking distance to Lucas Oil Stadium and downtown Indianapolis. 3 bedrooms and 1.5 bath per side. 1421 S Meridian: includes updated kitchen, bathrooms, and hardwood/vinyl plank flooring throughout. 1423 S Meridian: includes hardwood flooring, ceramic tile, and new carpeting throughout. Both sides include new interior paint in 2025 and exterior wood trim and porches were painted in 2024. This property is zoned commercial C3. Both units utilities are metered separately (Water and Electric).

Last Agent to Sell the Property

Joshua Vida

Paradigm Realty Solutions License #RB14030173 Listed on: 06/03/2025

Last Buyer's Agent

Ryan Rominger

Trueblood Real Estate License #RB18002043

Trueblood Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,104

Year Built

  • Built in 1890

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 2-Story Property
  • 5,401 Sq Ft Lot
  • Central Air
  • Basement

Community Details

  • Pennsylvania Cos Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 491113147015000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,104

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1890
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
  • Subdivision Name: Pennsylvania Cos
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 140000
  • Multi Rooms: 14
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • List Price: 299000
  • Road Access: Access Rd,Frontage Road

Utilities

  • Cooling: Central Air
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 5401
  • Parcel Number: 491113147015000101
  • Acres: <1/4 Acre
  • Price Acre: 2333333

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3104
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1552
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2025
Closed on
Aug 5, 2025
Sold by
Weatherford Brian D
Bought by
Perozzi Brett and Bladen Theresa
Seller's Agent
Joshua Vida
Paradigm Realty Solutions
Buyer's Agent
Ryan Rominger
Trueblood Real Estate
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
180.25%

Purchase Details

Listed on
Apr 16, 2019
Closed on
May 17, 2019
Sold by
Fox Paul and Fox Debra
Bought by
Weatherford Brian D
Seller's Agent
Brendan Sullivan
FS Houses LLC
Buyer's Agent
Meghan Weatherford
Keller Williams Indpls Metro N
List Price
$117,500
Sold Price
$122,000
Premium/Discount to List
$4,500
3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.29%
Original Mortgage
$91,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2017
Sold by
Jeffrey A Gearhart Dev Corp
Bought by
Fox Debra and In Paul Fox

Purchase Details

Closed on
Mar 1, 2013
Sold by
Southside Partners Inc
Bought by
West Indianapolis Development Corpora

Purchase Details

Listed on
Aug 14, 2012
Closed on
Oct 23, 2012
Sold by
Residential Fund Manager 590 Llc
Bought by
West Indianapolis Development Corpora
Seller's Agent
Keith Farabee
CityPlace Realty
Buyer's Agent
Keith Farabee
CityPlace Realty
List Price
$16,000
Sold Price
$16,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.78%

Purchase Details

Listed on
Aug 14, 2012
Closed on
Sep 29, 2012
Sold by
Arnell Connie A
Bought by
Residential Fund Manager 590 Llc
Seller's Agent
Keith Farabee
CityPlace Realty
Buyer's Agent
Keith Farabee
CityPlace Realty
List Price
$16,000
Sold Price
$16,000

Purchase Details

Closed on
Aug 11, 2006
Sold by
Allen Timothy W
Bought by
Arnell Connie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 -- First American Title
Warranty Deed $125,000 Investors Title Service
Deed $49,500 --
Deed $49,500 West Indianapolis Dev. Corp.
Quit Claim Deed -- --
Special Warranty Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $91,500 New Conventional
Previous Owner $130,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Sold $280,000 -6.4% $231 / Sq Ft
07/20/2025 07/20/25 Pending -- -- --
07/19/2025 07/19/25 For Sale $299,000 0.0% $247 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
07/04/2025 07/04/25 Price Changed $299,000 -3.5% $247 / Sq Ft
06/19/2025 06/19/25 Price Changed $309,900 -1.6% $256 / Sq Ft
06/11/2025 06/11/25 Price Changed $314,900 -3.1% $260 / Sq Ft
06/03/2025 06/03/25 For Sale $324,900 0.0% $269 / Sq Ft
12/02/2024 12/02/24 Off Market $1,700 -- --
10/10/2024 10/10/24 Price Changed $1,700 +6.3% $2 / Sq Ft
10/08/2024 10/08/24 Off Market $1,600 -- --
09/30/2024 09/30/24 For Rent $1,600 0.0% --
09/16/2024 09/16/24 Price Changed $1,600 +6.7% $2 / Sq Ft
09/01/2024 09/01/24 For Rent $1,500 0.0% --
05/17/2019 05/17/19 Sold $122,000 +3.8% $101 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $117,500 +634.4% $97 / Sq Ft
10/10/2012 10/10/12 Sold $16,000 0.0% $9 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
08/14/2012 08/14/12 For Sale $16,000 -- $9 / Sq Ft
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 $3,369 $130,700 $8,600 $122,100
2023 $3,369 $136,200 $8,600 $127,600
2022 $3,241 $131,500 $8,600 $122,900
2021 $2,625 $108,000 $8,600 $99,400
2020 $2,609 $109,900 $8,600 $101,300
2019 $2,035 $86,200 $4,500 $81,700
2018 $1,568 $65,800 $4,500 $61,300
2017 $0 $31,500 $2,200 $29,300
2016 $307 $29,500 $2,200 $27,300
2014 $307 $31,900 $2,200 $29,700
2013 $307 $33,600 $2,200 $31,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22042558

MIBOR Broker Listing Cooperative®

APN: 49-11-13-147-015.000-101