Prime opportunity on S Meridian! This vacant lot offers rare residential buildability in a centrally located C-3 zone. Perfect for anyone looking to build near downtown with quick access to Fountain Square, Bates-Hendricks, UIndy, Lucas Oil, and major corridors. Whether you're an investor, builder, or future homeowner, this lot provides excellent flexibility with both residential and commercial potential. Don't miss this versatile development opportunity in the heart of Indianapolis.
Active
Price cut: $9.1K (7/9)
$39,900
1417 S Meridian St, Indianapolis, IN 46225
--beds
--baths
5,227Square Feet
Unimproved Land, Residential Lots
Built in ----
5,227 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Rare residential buildability
- 227 days |
- 21 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Nicole Crouch 317-514-7959,
Crossroads Realty, LLC,
Matthew Crouch
Source: MIBOR as distributed by MLS GRID,MLS#: 22074729
Facts & features
Property
Lot
- Size: 5,227 Square Feet
- Features: City
Details
- Parcel number: 491113147016000101
- Zoning: c3
- Zoning description: Commercial
- Horse amenities: None
Utilities & green energy
- Water: Not Applic
Community & HOA
Community
- Subdivision: Pennsylvania Cos
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $8,600
- Annual tax amount: $204
- Date on market: 11/24/2025
- Cumulative days on market: 229 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Price change | $39,900-18.6% |
Source:  MIBOR as distributed by MLS GRID #22074729 Report a problem | ||
| 11/24/2025 | Listed for sale | $49,000-6.7% |
Source: MIBOR as distributed by MLS GRID #22074729 Report a problem | ||
| 10/9/2021 | Listing removed | -- |
Source:  Carpenter Realtors Report a problem | ||
| 7/9/2021 | Price change | $52,500-8.7% |
Source: Carpenter Realtors #21790437 Report a problem | ||
| 6/9/2021 | Listed for sale | $57,500 |
Source: Carpenter Realtors #21790437 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $204 -14.4% | $8,600 |
| 2024 | $239 -0.2% | $8,600 |
| 2023 | $239 -6.3% | $8,600 |
| 2022 | $255 +0.2% | $8,600 |
| 2021 | $255 +139.7% | $8,600 |
| 2020 | $106 -0.9% | $8,600 +91.1% |
| 2019 | $107 -46% | $4,500 |
| 2018 | $198 +29.7% | $4,500 |
| 2017 | $153 +54.3% | $4,500 |
| 2016 | $99 +1.9% | $4,500 |
| 2014 | $97 -3.6% | $4,500 |
| 2013 | $101 | $4,500 |
| 2012 | $101 | $4,500 -23.7% |
| 2011 | -- | $5,900 |
| 2010 | $123 -2.5% | $5,900 |
| 2009 | $126 | $5,900 |
| 2007 | -- | $5,900 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
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
Nearby schools
GreatSchools rating
- 3/10James A. Garfield School 31Grades: PK-5Distance: 0.4 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 3.8 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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- Indiana
- Marion County
- Indianapolis
- 46225
- Near Southside
- 1417 S Meridian St
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