NOT LISTED FOR SALE

1725 S Meridian St Indianapolis, IN 46225

Old Southside Neighborhood

Estimated Value: $228,000 - $296,503

3 Beds
2.5 Baths
1,539 Sq Ft
$177/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $195,000 $127 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,697/month

197 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Breakfast Room
  • Breakfast Bar
  • ENERGY STAR Qualified Water Heater

About This Home

As of June 2020

This home must be sold to Buyers at or below 80% of HUD Area Median Income. Also, a Fair Market Value Reduction will be provided as a direct buyer subsidy _________

new home in the Old Southside Neighborhood. Constructed by INHP and built by Davis Homes. over 1500 square feet, 2 story, 3 BR, 2 1/2 bath, new construction. 2 car garage, Energy star appliances, in a revitalized Old Southside Neighborhood location. Close to downtown, Fountain Square, nightlife, transportation, and schools. Designed with the décor of the area.

Last Agent to Sell the Property

Joe Sullivan

Sullivan Realty Group, LLC License #RB14031738 Listed on: 08/27/2019

Last Buyer's Agent

Joe Sullivan

Sullivan Realty Group, LLC License #RB14031738 Listed on: 08/27/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,959

Year Built

  • Built in 2019

Lot Details

  • 5,053 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Breakfast Room
  • Crawl Space
  • Fire and Smoke Detector
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Water Heater

Community Details

  • J J Coopers 2Nd S Meridian St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491113181008000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,959

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Builder Name: Davis Homes
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2018
  • Year Built: 2019
  • Garage Y N: Yes
  • Lot Size Acres: 0.116
  • Subdivision Name: J J COOPERS 2ND S MERIDIAN ST ADD
  • Inspection Warranties: Warranty Builders
  • Property Description: This home must be sold to Buyers at or below 80% of HUD Area Median Income. Also, a Fair Market Value Reduction will be provided as a direct buyer subsidy _________ new home in the Old Southside Neighborhood. Constructed by INHP and built by Davis Homes. over 1500 square feet, 2 story, 3 BR, 2 1/2 bath, new construction. 2 car garage, Energy star appliances, in a revitalized Old Southside Neighborhood location. Close to downtown, Fountain Square, nightlife, transportation, and schools. Designed with the décor of the area.
  • Transaction Type: Sale
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Dishwasher,ENERGY STAR Qualified Appliances,Disposal,Microwave,Electric Oven,Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Walk-in Closet(s),Screens Complete,Windows Vinyl
  • Living Area: 1539
  • Other Equipment: Smoke Detector
  • Room Count: 8
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1539
  • Main Level Sq Ft: 789
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,TubFull with Shower
  • Total Sq Ft: 1539
  • Kitchen Features: Breakfast Bar
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 750

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 195000
  • Association Maintained Building Exterior: 0
  • Construction Stage: Permit on File
  • Porch: Covered Porch,Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Detached
  • Garage Sq Ft: 400

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Energy Star

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491113181008000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 3
  • Lot Size: 5,053

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2019
Closed on
Jun 25, 2020
Sold by
Indianapolis Neighborhood Housing Partne
Bought by
Clark-Carson Sarah
Seller's Agent
Joe Sullivan
Sullivan Realty Group, LLC
Buyer's Agent
Joe Sullivan
Sullivan Realty Group, LLC
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$272,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,126
Avg. Annual Appreciation
5.64%
Original Mortgage
$99,010
Outstanding Balance
$72,472
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$187,181

Purchase Details

Closed on
Jul 2, 2019
Sold by
Renew Indianapolis Inc
Bought by
Indianapolis Neighborhood Housing Partne

Purchase Details

Closed on
Aug 27, 2010
Sold by
1725 South Meridian Land Trust
Bought by
City Of Indianapolis

Purchase Details

Closed on
Aug 30, 2005
Sold by
Quebe Dolores M
Bought by
1725 South Meridian Land Trust and Rebuid Indy Llc
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Clark-Carson Sarah $195,000 First American Title Insurance
Indianapolis Neighborhood Housing Partne $3,500 First American Title Insurance
Renew Indianapolis Inc $3,500 First American Title Insurance
City Of Indianapolis $1,953 None Available
1725 South Meridian Land Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark-Carson Sarah $99,010
Closed Clark-Carson Sarah $99,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $195,000 0.0% $127 / Sq Ft
03/12/2020 03/12/20 Pending -- -- --
08/27/2019 08/27/19 For Sale $195,000 -- $127 / 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 $2,959 $232,600 $9,100 $223,500
2023 $2,959 $245,000 $9,100 $235,900
2022 $2,869 $236,300 $9,100 $227,200
2021 $2,263 $194,000 $9,100 $184,900
2020 $0 $114,400 $9,100 $105,300
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Sullivan

    Seller's Agent in 2020

    Joe Sullivan

    Sullivan Realty Group, LLC

    (317) 333-6126

    8 in this area

    118 Total Sales

    Joe Sullivan
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21662245

MIBOR Broker Listing Cooperative®

APN: 49-11-13-181-008.000-101

Indiana Marion County Indianapolis 46225 Old Southside

1725 S Meridian St, Indianapolis, IN

This home is located at 1725 S Meridian St, Indianapolis, IN 46225 since 27 August 2019 and is currently estimated at $272,126, approximately $176 per square foot. This property was built in 2019. 1725 S Meridian St is a home located in Marion County with nearby schools including James A. Garfield School 31, George Washington Community High School No. 721, 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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