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  • Price cut: $6K (7/9)
    $477,000

    1231 S Meridian St, Indianapolis, IN 46225

    6beds
    3,846sqft
    : 
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    Residential, Single Family Residence
    Built in 2012
    3,049 Square Feet Lot
    $-- Zestimate®
    $124/sqft
    $-- HOA

    What's special

    Large second-level walk-out balconyCovered front porchAmple space for parking
    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.
    95 days
    |
    187
    |
    17
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Annie Scott 317-902-8622,

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 22093660MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Upper
      • Area: 208 Square Feet
      • Dimensions: 16x13
      Bedroom 2
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 12x11
      Bedroom 3
      • Level: Upper
      • Area: 132 Square Feet
      • Dimensions: 12x11
      Bedroom 4
      • Level: Upper
      • Area: 176 Square Feet
      • Dimensions: 16x11
      Bedroom 5
      • Level: Upper
      • Area: 168 Square Feet
      • Dimensions: 14x12
      Bedroom 6
      • Level: Upper
      • Area: 210 Square Feet
      • Dimensions: 15x14
      Kitchen
      • Features: Tile-Ceramic
      • Level: Main
      • Area: 204 Square Feet
      • Dimensions: 17x12
      Living room
      • Features: Tile-Ceramic
      • Level: Main
      • Area: 368 Square Feet
      • Dimensions: 23x16
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Gas Cooktop, Dishwasher, Electric Water Heater, Refrigerator
      • Laundry: In Unit, In Basement
      Features
      • Walk-In Closet(s)
      • Windows: Wood Work Painted
      • Basement: Unfinished
      Interior area
      • Total structure area: 3,846
      • Total interior livable area: 3,846 sqft
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: None
      • Details: Garage Parking Other(Keyless Entry)
      Features
      • Levels: Three Or More
      • Patio & porch: Covered
      • Fencing: Fenced,Fence Complete
      Lot
      • Size: 3,049 Square Feet
      Details
      • Additional parcels included: 491113146059.000101
      • Parcel number: 491113146046000101
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Residential, Single Family Residence
      Materials
      • Brick, Vinyl Siding
      • Foundation: Block
      Condition
      • New construction: No
      • Year built: 2012

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: Mccartys
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $124/sqft
      • Tax assessed value: $612,400
      • Annual tax amount: $13,338
      • Date on market: 4/8/2026
      • Cumulative days on market: 97 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/9/2026Price change$477,000-1.2%$124/sqft
        Source: MIBOR as distributed by MLS GRID #22093660 Report a problem
        5/4/2026Price change$483,000-2.4%$126/sqft
        Source: MIBOR as distributed by MLS GRID #22093660 Report a problem
        4/8/2026Price change$495,000+2.1%$129/sqft
        Source: MIBOR as distributed by MLS GRID #22093660 Report a problem
        3/1/2023Listing removed--
        Source: Zillow Rentals Report a problem
        2/1/2023Listed for rent$3,195+14.1%$1/sqft
        Source: Zillow Rentals Report a problem
        9/3/2022Listed for sale$485,000-3%$126/sqft
        Source: MIBOR as distributed by MLS GRID #21880990 Report a problem
        3/19/2022Listing removed--
        Source: RE/MAX International Report a problem
        11/9/2021Listed for sale$499,900+808.9%$130/sqft
        Source: MIBOR as distributed by MLS GRID #21823792 Report a problem
        6/1/2020Listing removed$2,800$1/sqft
        Source: The Ostler Group Report a problem
        4/13/2020Listed for rent$2,800$1/sqft
        Source: The Ostler Group Report a problem
        2/2/2017Sold$55,000-6.8%$14/sqft
        Source: MIBOR as distributed by MLS GRID #21458553 Report a problem
        1/19/2017Pending sale$59,000$15/sqft
        Source: FS Houses LLC #21458553 Report a problem
        12/31/2016Listed for sale$59,000$15/sqft
        Source: FS Houses LLC #21458553 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,339 -5.2%$612,400 +8.9%
        2024$14,073 +3.1%$562,100 -5.3%
        2023$13,649 +25.4%$593,300 +2.6%
        2022$10,884 +10.3%$578,100 +22.5%
        2021$9,865 +341.7%$471,800 +10.8%
        2020$2,233 +30.7%$426,000 +350.3%
        2019$1,708 +362.5%$94,600 +31.9%
        2018$369 +34%$71,700 +679.3%
        2017$276 -72.1%$9,200 +4.5%
        2016$987 +0.7%$8,800 -80.6%
        2014$979 -4.2%$45,300 +0.2%
        2013$1,023 $45,200 +1.8%
        2012$1,023 $44,400 +231.3%
        2011-- $13,400
        2010$345 +0.9%$13,400
        2009$342 $13,400
        2007-- $13,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Near Southside

        Getting around

        62 / 100
        Somewhat Walkable
        35 / 100
        Some Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: James A Garfield School 31
        • High: Arsenal Technical High School

        Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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