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1231 S Meridian St, Indianapolis, IN, 46225

6beds
6baths
3,846sqft
$483,000
$126price/sqft
$4,000/moest. monthly cost
$160,000/yrincome needed

About This Home

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.

Getting Around

62
WalkingSomewhat Walkable
35
TransitSome Transit
66
BikeBikeable

Schools

3/10
1/10
6/10

Construction

Condition

  • Year built: 2012

Materials

  • Foundation: Block
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Electric Water Heater,Refrigerator
  • Laundry features: In Unit,In Basement

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom2

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Bedroom3

  • Level: Upper
  • Area: 132
  • Dimensions: 12x11

Bedroom4

  • Level: Upper
  • Area: 176
  • Dimensions: 16x11

Bedroom5

  • Level: Upper
  • Area: 168
  • Dimensions: 14x12

Bedroom6

  • Level: Upper
  • Area: 210
  • Dimensions: 15x14

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Walk-In Closet(s)
  • Window features: Wood Work Painted
  • Finished area below ground: 0

Heating & Cooling

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

Interior Area

  • Total structure area: 3,846
  • Total interior livable area: 3,846 sqft

Kitchen

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 204
  • Dimensions: 17x12

Living Room

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 368
  • Dimensions: 23x16

Master Bedroom

  • Level: Upper
  • Area: 208
  • Dimensions: 16x13

Property

Details

  • Parcel number: 491113146046000101
  • Horse amenities: None

Features

  • Levels: Three Or More
  • Patio & porch: Covered
  • Fencing: Fenced,Fence Complete

Lot

  • Lot size: 3,049 sqft

Parking

  • Parking features: None