NOT LISTED FOR SALE

2545 S Meridian St Indianapolis, IN 46225

Garfield Park Neighborhood

Estimated Value: $136,488 - $211,000

2 Beds
-- Bath
1,392 Sq Ft
$134/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $145,000 $104 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,099/month

21 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of September 2020

Great investment opportunity! Two front studios both had complete remodel with new vinyl windows, plank flooring, new bathroom, new kitchen areas. The back bigger unit was just renovated with new windows, paint, sanded/stained floors. NEW ROOF. This property also offers a big 2/car garage.

Last Agent to Sell the Property

Cody Studebaker

F.C. Tucker Company License #RB15000343 Listed on: 06/16/2020

F.C. Tucker Company

Last Buyer's Agent

Tim Bradley

Discover Properties, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $788

Year Built

  • Built in 1947

Lot Details

  • 4,530 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Basement

Community Details

  • Shrewsberry Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • The owner pays for sewer, water
  • Assessor Parcel Number 491124101011000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$788

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1947
  • Lot Size Acres: 0.104
  • Structure Type: Triplex
  • Subdivision Name: SHREWSBERRY ADD
  • Inspection Warranties: Not Applicable
  • Property Description: Great investment opportunity! Two front studios both had complete remodel with new vinyl windows, plank flooring, new bathroom, new kitchen areas. The back bigger unit was just renovated with new windows, paint, sanded/stained floors. NEW ROOF. This property also offers a big 2/car garage.
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Owner Pays: Sewer, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections Some

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • List Price: 145000

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 2 Car Garage,On Street

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 230

Lot Info

  • Parcel Number: 491124101011000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley
  • Lot Number: 2
  • Lot Size: 32 x 141

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 788
  • Semi Annual Property Tax Amt: 394
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Sep 3, 2020
Sold by
Ira Services Trust Co and Richard Charles Katz Ira Account 466074
Bought by
Bradley Timothy
Seller's Agent
Cody Studebaker
F.C. Tucker Company
Buyer's Agent
Tim Bradley
Discover Properties, LLC
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$185,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,872
Avg. Annual Appreciation
5.09%

Purchase Details

Closed on
Jan 27, 2017

Purchase Details

Closed on
Dec 30, 2016
Sold by
Palladay Ron
Bought by
Simple Quarters Llc
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 Buyer Sale Price Title Company
Bradley Timothy -- None Listed On Document
-- $24,500 --
Simple Quarters Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $145,000 0.0% $104 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $145,000 -- $104 / 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 $1,312 $71,600 $14,900 $56,700
2023 $1,312 $73,800 $14,900 $58,900
2022 $1,349 $53,500 $14,900 $38,600
2021 $1,159 $46,600 $14,900 $31,700
2020 $1,085 $43,300 $14,900 $28,400
2019 $869 $33,400 $6,600 $26,800
2018 $875 $33,400 $6,600 $26,800
2017 $799 $34,000 $6,600 $27,400
2016 $1,162 $52,300 $6,600 $45,700
2014 $984 $45,500 $6,600 $38,900
2013 $1,023 $45,500 $6,600 $38,900
Source: Public Records

Agents Affiliated with this Home

  • Cody Studebaker

    Seller's Agent in 2020

    Cody Studebaker

    F.C. Tucker Company

    (574) 551-8887

    4 in this area

    61 Total Sales

    Cody Studebaker
    Section Image

  • T

    Buyer's Agent in 2020

    Tim Bradley

    Discover Properties, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21719345

MIBOR Broker Listing Cooperative®

APN: 49-11-24-101-011.000-101

Indiana Marion County Indianapolis 46225 Garfield Park

2545 S Meridian St, Indianapolis, IN

This home is located at 2545 S Meridian St, Indianapolis, IN 46225 since 16 June 2020 and is currently estimated at $185,872, approximately $133 per square foot. This property was built in 1947. 2545 S Meridian St is a home located in Marion County with nearby schools including Daniel Webster School 46, Arsenal Technical High School, and George Washington Community High School No. 721.

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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