$1,450,000
$50K PRICE DROP

3959 Central Ave Indianapolis, IN 46205

Meridian Kessler Neighborhood

Estimated payment $9,071/month

Total Views 7,665
2 Beds
2 Baths
10,312 Sq Ft
$141 Price per Sq Ft

Highlights

  • Gated Parking
  • Corner Lot
  • Balcony
  • Wood Flooring
  • No HOA
  • 4 Car Detached Garage

About This Home

Extraordinary live/work opportunity in Meridian Kessler! Rarely do unique properties like this come available in this sought-after space, and this one is impressive. This three-story building with a finished lower level offers both residential and commercial uses. A special use variance allows for many commercial opportunities - a full list is included in the attachments. The main level commercial space offers 5 Offices / 2 Conference Rooms / 2 Half Baths. The second floor commercial space is complete with expansive 56x28 foot room with loads of natural light and complete with kitchen, storage, and bathroom. The third floor is the primary apartment, which underwent a complete renovation in 2014. This space honors the building's 1915 heritage with original oak paneled walls, vaulted and beamed ceilings, and incredible style. The apartment offers two bedrooms and two fully renovated full baths. The kitchen is stunning with large center island, leathered granite, and ample storage. This beautiful kitchen opens to an extraordinary great room with vaulted ceilings and gas fire place. The unit boasts a nearly 40-foot covered deck further expanding the home's footprint and providing additional entertaining space. Finally the basement of the building offers another apartment renovated in 2012 and offering exceptional style and space. There are so many exceptional details and opportunities inside this historic building, its hard to detail - you'll simply have to see it to understand is magnitude.

Listing Agent

Matt McLaughlin

F.C. Tucker Company License #RB14049997 Listed on: 06/13/2025

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,462

Year Built

  • Built in 1915

Lot Details

  • 9,950 Sq Ft Lot
  • Corner Lot

Parking

  • 4 Car Detached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Gated Parking

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Entrance Foyer
  • Great Room with Fireplace
  • Wood Flooring
  • Basement

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Additional Features

  • Balcony
  • City Lot

Community Details

  • No Home Owners Association
  • Ardmore Subdivision

Listing and Financial Details

  • Tax Lot L20
  • Assessor Parcel Number 490613125112000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,462

Year Built

Built in 1915

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1915
  • Building Area Total: 11000
  • Garage Y N: Yes
  • Lot Size Acres: 0.23
  • Subdivision Name: Ardmore
  • Transaction Type: Sale
  • Website: https://callmatt.in/properties/sale
  • Accessibility Features YN: No
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
  • Levels: Three Or More
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 2062
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Kitchen Island, Elevator, Entrance Foyer, Hardwood Floors
  • Living Area: 10312
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 5500
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 2750
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony, Lighting
  • Fencing: Chain Link
  • Foundation Details: Concrete Perimeter
  • List Price: 1450000
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Common, Detached, Asphalt, Garage Door Opener, Gated

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: City Lot, Corner Lot, Curbs
  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 9950
  • Parcel Number: 490613125112000801
  • Acres: <1/4 Acre
  • Price Acre: 6304348

Tax Info

  • Tax Annual Amount: 12462
  • Tax Lot: L20
  • Semi Annual Property Tax Amt: 6231

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Price Changed $1,450,000 -3.3% $141 / Sq Ft
06/13/2025 06/13/25 For Sale $1,500,000 -- $145 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22044995

MIBOR Broker Listing Cooperative®

Indiana Marion County Indianapolis 46205 Meridian Kessler

3959 Central Ave, Indianapolis, IN

This home is located at 3959 Central Ave, Indianapolis, IN 46205 and is currently priced at $1,450,000, approximately $140 per square foot. This property was built in 1915. 3959 Central Ave is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Arsenal Technical High School, and George Washington Community High School (9-12).

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Matt McLaughlin
Listing Agent
Matt McLaughlin
Section Image
F.C. Tucker Company
(317) 458-5738