1231 S Meridian St

Indianapolis, IN 46225

$483,000
Price
6
Beds
3,846 Sq. Ft.
$126 / Sq. Ft.
3,846
Sq. Ft.
$126
per Sq. Ft.
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Description

A rare opportunity to own a fully renovated 6-bedroom home offering exceptional flexibility-perfect as a spacious primary residence or a high-potential Airbnb investment. This impressive property features 6 bedrooms, 5.5 baths, and over 3,200 sq/ft across three finished levels. Each bedroom is equipped with its own private bath, TV, and keypad entry, creating a unique setup ideal for short-term rental potential or comfortable multi-generational living. The updated kitchen with stainless steel appliances...A rare opportunity to own a fully renovated 6-bedroom home offering exceptional flexibility-perfect as a spacious primary residence or a high-potential Airbnb investment. This impressive property features 6 bedrooms, 5.5 baths, and over 3,200 sq/ft across three finished levels. Each bedroom is equipped with its own private bath, TV, and keypad entry, creating a unique setup ideal for short-term rental potential or comfortable multi-generational living. The updated kitchen with stainless steel appliances opens to inviting common areas, perfect for gathering and entertaining. Enjoy the covered front porch, a large second-level walk-out balcony, and a full basement with washer/dryer connections. Situated on a generous 3/4-acre lot, there is ample space for parking and future expansion. Meticulously maintained and move-in ready, this home offers versatility that is hard to find. Located just 0.7 miles from Eli Lilly and a short distance to downtown Indianapolis, you'll enjoy quick access to the Indiana Convention Center, Lucas Oil Stadium, and all the dining, entertainment, and attractions the city has to offer-while still being removed from the hustle and bustle of downtown living. Lot east of the property is included with this sale (1230 Charles St.). A must-see property with endless possibilities.
  1. Listed by Annie Scott • F.C. Tucker Company
    P: (317)-843-7766 C: (317)-902-8622 Annie.Scott@talktotucker.com

Property Details for 1231 South Meridian Street

Architectural Style
Traditional
Subdivision Name
Mccartys
Township
Center
LISTING UPDATED: 05/04/2026 10:01 AM

Property Details for 1231 South Meridian Street

StatusActive
MLS #22093660
Days on Market31
Taxes$6,669 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2012
Lot Size0.07 AC / 3,049 SF
CountyMarion County
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Location

Listing Courtesy of F.C. Tucker Company
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Building Information for 1231 South Meridian Street

Stories-Year Built2012Building Size-Lot Size0.07 AC / 3,049 SF

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$3,544 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,432

Property Taxes

$1,112

HOA Dues

$0

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Property Information for 1231 South Meridian Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46225
  • Postal Code Plus4: 1501
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491113146046000101
  • Semi Annual Property Tax Amt: 6669
  • Tax Year: 2024
  • Additional Parcels Description: 49-11-13-146-059.000-101
  • TaxLot: Unknown
School Information
  • High School: Arsenal Technical High School
  • Middle Or Junior School: James A Garfield School 31
  • School District: Indianapolis Public Schools
Parking
  • Garage YN: No
  • Garage Parking Other: Keyless Entry
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 3223.0
  • Lot Size Acres: 0.07
  • Main Level SqFt: 1282
  • New Construction: False
  • Living SqFt: 1282.0
  • Sqft Total: 2564.0
  • Sq Ft Total: 3846.0
  • Year Built Numeric: 2012
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Mc Cartys S Add 97.5' W End L8
  • Photos Count: 69
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Utilities
  • Solid Waste: No
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Vinyl Siding
  • Foundation Details: Block
  • Horse Amenities: None
  • Fencing: Fence Complete
Interior Features
  • Accessibility Features: No
  • Appliances: Gas Cooktop, Dishwasher, Electric Water Heater, Refrigerator
  • Basement Description: Unfinished
  • Basement YN: Yes
  • Cooling: Central Air
  • Eating Area: Dining Combo/Family Room
  • Heating: Forced Air, Natural Gas
  • Interior Features: Walk-In Closet(s), Wood Work Painted
  • Levels: Three Or More
  • Kitchen Features: Kitchen Updated
  • Additional Equipment: Smoke Alarm
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Kitchen, Living Room
  • Room and Features: Primary Bedroom-Upper, Bedroom 2-Main, Bedroom 3-Upper, Bedroom 4-Upper, Bedroom 5-Upper, Bedroom 6-Upper, Kitchen-Main-Tile-Ceramic, Living Room-Main-Tile-Ceramic
  • Main Level Bedrooms: 2
  • Laundry Features: In Unit, In Basement
  • Num Bedrooms Upper: 4
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 9
  • Rooms Total MU: 9
  • Total Rooms: 9
Room 1
  • Room Level: Upper
  • Room Dimensions: 16x13
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 12x11
  • Room Type: Bedroom 2
Room 3
  • Room Level: Upper
  • Room Dimensions: 12x11
  • Room Type: Bedroom 3
Room 4
  • Room Level: Upper
  • Room Dimensions: 16x11
  • Room Type: Bedroom 4
Room 5
  • Room Level: Upper
  • Room Dimensions: 14x12
  • Room Type: Bedroom 5
Room 6
  • Room Level: Upper
  • Room Dimensions: 15x14
  • Room Type: Bedroom 6
Room 7
  • Room Level: Main
  • Room Dimensions: 17x12
  • Room Features: Tile-Ceramic
  • Room Type: Kitchen
Room 8
  • Room Level: Main
  • Room Dimensions: 23x16
  • Room Features: Tile-Ceramic
  • Room Type: Living Room
Bathrooms
  • Bathrooms Full: 5
  • Bathrooms Half: 1
  • Bathrooms Total Count: 6
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 5
  • Full Baths Upper: 4
  • Half Baths Basement: 0
  • Half Baths Main: 1
  • Half Baths MU: 1
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 6
  • Bedrooms MU: 6
  • Bedrooms Total: 6

Property History for 1231 South Meridian Street

DateEvent & SourcePriceAppreciation
May 4, 2026

Price Change

MIBORMLS #22093660

$483,000—
Apr 8, 2026

Listed (Active)

MIBORMLS #22093660

$495,000—
Jan 27, 2023

Expired

MIBORMLS #21880990

—
DateEvent & SourcePrice
05/04/2026

Price Change

MIBORMLS #22093660

$483,000
04/08/2026

Listed (Active)

MIBORMLS #22093660

$495,000
01/27/2023

Expired

MIBORMLS #21880990

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1231 South Meridian Street

Taxable ValueLand$6,400Additions$555,700Total$562,100
Tax Record2024$13,339 ($1,112 / month)
Home Facts
Beds4Total Finished SqFt3,208 SqFtAbove Grade Finished SqFt3,208 SqFtStories2Lot Size3,223 SqFtStyleSingle Family ResidenceYear Built2012ZoningZO01CountyMARIONAPN49-11-13-146-046.000-101

Schools near 1231 South Meridian Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Eleanor Skillen Elementary School 34
Public - PK to 5
William McKinley School 39
Public - PK to 5
Daniel Webster School 46
Public - PK to 5
James A. Garfield School 31
Public - PK to 5
Rating
School
Distance
Eleanor Skillen Elementary School 34
PublicPK to 5

William McKinley School 39
PublicPK to 5

Daniel Webster School 46
PublicPK to 5

James A. Garfield School 31
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1231 South Meridian Street, Indianapolis, IN 46225

1231 South Meridian Street is a single family home for sale in Indianapolis, IN 46225. This property was listed for sale on April 8, 2026 by F.C. Tucker Company, it's currently listed at $483,000. It has been on the market for a total of 31 days and was last sold on February 2, 2017. This listing's school district is Indianapolis Public Schools. Nearby schools include Eleanor Skillen Elementary School 34, William McKinley School 39 and Daniel Webster School 46. 1231 South Meridian Street is a 6-bed, 6-bath, 3,846 sqft single family home built in 2012.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of F.C. Tucker Company

Based on information submitted to the MLS GRID as of 05/04/2026 10:01 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.