45 S Meridian St

$129,000
Price
Beds
0.5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

The possibilities are endless for the future use of this building: Restaurant, Antique Store, Retail Store, Banquet Hall, you name it! With 1920 sq per level with a full basement, this space is perfect for your Small Business Idea! Built in 1888 and once the home of the Post Office, this building is located in a Historic District in downtown Redkey. The main level has seen much restoration by the current owner over the past few years, and features a large open space for your business idea. The upper...The possibilities are endless for the future use of this building: Restaurant, Antique Store, Retail Store, Banquet Hall, you name it! With 1920 sq per level with a full basement, this space is perfect for your Small Business Idea! Built in 1888 and once the home of the Post Office, this building is located in a Historic District in downtown Redkey. The main level has seen much restoration by the current owner over the past few years, and features a large open space for your business idea. The upper floor is currently set up for two apartments (a 1 BR and 2BR), but has plumbing run to be able to easily add a sink and close off a door to turn it into 3 apartments (1BR, 1BR, and efficiency). These apartments will require a little bit of work to be rentable. In addition to the top two floors, this property also has a full basement! Apts have had Plex plumbing ran to them and the building has a 30 year rubber membrane roof that was installed approximately 5 years ago. Seller does plan to remove the TV, Wood Stoves, and personal property. You won't find too many late 19th century buildings this structurally sound.
  1. Listed by Mark Leavell • Leavell Real Estate

Property Details for 45 South Meridian Street

Subdivision
None
Waterfront
No
Water Features
None
LISTING UPDATED: 09/21/2025 07:03 PM

Property Details for 45 South Meridian Street

StatusActive
MLS #202529985
Days on Market147
Taxes$852 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1888
Lot Size0.06 AC / 2,614 SF
CountyJay County

Location

Listing Courtesy of Leavell Real Estate
Add your commute

Building Information for 45 South Meridian Street

Stories2Residences-Year Built1888Lot Size0.06 AC / 2,614 SF

Payment Calculator

$708 per month

30 year fixed, 6.28% Interest

Principal and Interest

$637

Property Taxes

$71

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 45 South Meridian Street

Summary
Location and General Information
  • Area: Jay County
  • City: Redkey
  • Zip Code: 47373
  • State: IN
  • Township: Richland
  • Cross Street: High
  • Geo Latitude: 40
  • Geo Longitude: -85
  • Road Access: City
  • Fips Code: 18075
  • Directions To Property: 67 to State Road 1, go south to the 4 way stop at High St. Property is on the NE corner.
  • Location: City, Historic District
Taxes and HOA
  • Parcel Description: 0-2.9999, Corner
  • Annual Taxes: $852
  • Year Taxes Payable: 2025
  • Parcel Number Id: 38-09-24-202-126.000-031
Parking
  • Parking: Street
Property
Lot Information
  • Class: COMMERCIAL
  • Property Subtype: Mixed Use
  • Approx Lot Size Acres: 0.06
  • Lot Dimensions: 100 X 25
  • Approx Lot Size Sqft: 2614.0
Property and Assessments
  • New Construction: No
  • Year Built: 1888
  • Age: 137
  • Documents Available: LBP Form
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Cable Company: Comcast/Xfinity
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Sewer: City
  • Water Company: Town of Redkey
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Driveway: Gravel
  • Exterior: Brick
  • Fence: None
  • Platted: Yes
  • Roof Material: Flat, Rubber
Interior Features
  • Basement: Yes
  • Basement/Foundation: Full Basement, Outside Entrance
  • Cooling: None
  • Flooring: Carpet, Wood
  • Heating/Fuel: Gas, Wall Heater
  • Stories: 2
Multi Family
Multi-Family Information
  • Number of Buildings: 1

Property History for 45 South Meridian Street

DateEvent & SourcePriceAppreciation
Jul 30, 2025

Listed (Active)

Indiana Regional MLS #202529985

$129,000
DateEvent & SourcePrice
07/30/2025

Listed (Active)

Indiana Regional MLS #202529985

$129,000

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

Public Records for 45 South Meridian Street

Taxable ValueLand$3,700Additions$27,000Total$30,700
Tax Record2024$852 ($71 / month)
Home Facts
Total Finished SqFt5,760 SqFtAbove Grade Finished SqFt5,760 SqFtStories3Lot Size2,500 SqFtStyleMiscellaneous CommercialYear Built1888CountyJAYAPN38-09-24-202-126.000-031

Schools near 45 South Meridian Street

This home is within Jay School Corp.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 7 to 12
Public - K to 6
Rating
School
Distance
Redkey Elementary School
PublicPK to 6

West Jay County Middle School
Public6 to 8

Jay County High School
Public7 to 12

Westlawn Elementary School
PublicK to 6

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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45 South Meridian Street is a mixed use property for sale in Redkey, IN 47373. This property was listed for sale on July 30, 2025 by Leavell Real Estate, it's currently listed at $129,000. This listing's school district is Jay School Corp. Nearby schools include Redkey Elementary School, West Jay County Middle School and Jay County High School. 45 South Meridian Street is a 0-bed, 0.5-bath, mixed use property built in 1888.

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Listing Courtesy of Leavell Real Estate

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.