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2161 N Meridian St APT 6, Indianapolis, IN, 46202

3beds
2baths
1,592sqft
$249,900
$157price/sqft
$1,816/moest. monthly cost
$72,640/yrincome needed

About This Home

SELLER IS OFFERING A 1%/1YR INTEREST RATE BUY-DOWN! Coulter Flats is an exclusive 6-unit gated residence in a beautifully restored historic building, ideally located walking distance from IU Health Methodist Hospital and minutes from Riley Hospital for Children, IU Health Indy, and IUPUI along with everything else downtown. Designed for the demanding schedules of physicians, residents, and students, Coulter Flats offers secure, low-maintenance living with unmatched proximity to campus and hospital systems-making it the ideal home base for medical professionals and students alike. Upon entering this charming condo you will be in awe of the exquisite natural woodwork, trim, hardwood floors & pocket doors. The light and bright living room w/gas log fireplace opens to the covered terrace. The dining room has the most beautiful coffered ceiling and will be the hub of entertaining. The kitchen has been recently remodeled and with newer appliances, induction cooktop w/ an added Butler's pantry/coffee or wine bar. The front bedroom is the perfect work from home space & offers a built in Murphy bed & shelving for use as a guest room. The primary bedroom is an absolute show stopper that connects to a full bath & custom closets. The third bedroom can serve as another bedroom or flex space and is next to the in unit laundry and 2nd full bath. Are you feeling priced out of the Indy market? A 3 bed 2 bath nicely sized does not come on at this price point very often! Extra Storage in Basement. See remarks/supplements for expansion projects in the area that should lead to vibrant local growth and area appreciation. Welcome to your nest in the sky!

Getting Around

83
WalkingVery Walkable
51
TransitGood Transit
75
BikeVery Bikeable

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1900

Materials

  • Foundation: Brick/Mortar
  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Traditional
  • Property subType: Residential,Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Disposal,MicroHood,Electric Oven,Refrigerator,Washer,Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Storage Space

Bedroom2

  • Level: Main
  • Area: 110
  • Dimensions: 11x10

Bedroom3

  • Level: Main
  • Area: 56
  • Dimensions: 08x07

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 168
  • Dimensions: 12x14

Features

  • High Ceilings,Hardwood Floors,Entrance Foyer
  • Window features: Wood Work Stained
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,592
  • Total interior livable area: 1,592 sqft

Kitchen

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 64
  • Dimensions: 08x08

Living Room

  • Level: Main
  • Area: 216
  • Dimensions: 12x18

Master Bedroom

  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Property

Details

  • Parcel number: 490625105011000101
  • Attached to another structure: Yes
  • Other equipment: Intercom
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Entry location: Building Common Entry,Upper Level
  • Patio & porch: Covered
  • Exterior features: Balcony

Lot

  • Lot size: 0.28 Acres
  • Features: Street Lights,Mature Trees

Parking

  • Total spaces: 2
  • Parking features: Carport,Detached,Asphalt
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,263$15,156
Home Insurance *$118$1,416
Property Taxes $251$3,012
Electricity $184$2,212
Total$1,816$21,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,262/yr
40% on housing$54,480/yr
45% on housing$48,426/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$157This listing

vs Other Active Listings

Avg $/sqft

ZIP 46202$169
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46202$182
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-29Price change$249,900
2026-02-20Listed for sale$255,000
2025-11-20Listing removed$269,900
2025-10-18Price change$269,900
2025-07-07Listed for sale$275,000
2023-06-16Sold$225,000
2019-11-22Sold$180,000
2019-09-24Pending sale$189,000
2019-08-07Price change$189,000
2019-07-26Listed for sale$199,000
2019-05-19Listing removed$1,500
2019-05-16Listed for rent$1,500
2019-02-09Listing removed$1,400
2019-02-08Listed for rent$1,400
2013-06-22Listing removed$1,300
2013-05-04Price change$1,300
2013-05-03Listed for rent$1,400
2008-11-14Sold$168,000

For Sale by Agent

AgentBernard Goodman
BrokerageCompass Indiana, LLC

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