Meridian-Kessler // This home is full of space, character, and potential and is waiting for someone ready to make it shine. Nestled in one of Indy's most beloved neighborhoods, this two story home with an attic and basement blends the warmth of original craftsmanship with the promise of a great investment on a double lot. Step through the enclosed front porch into a living room where wood-beam ceilings, hardwood floors, and a brick fireplace set the tone. A formal dining room and bright, open kitchen with a large island make for easy gatherings, while an additional living/media room adds versatility. Additional living/dining space towards the back of the home - complete with vaulted ceilings and access to the lush backyard - offers room to spread out. Upstairs, you'll find four bedrooms and two full baths, including a large primary suite with an en-suite bath and walk-in closet. The walk-up attic provides excellent storage, and the basement includes a full bath, a storage area, and a finishable room for future expansion. The detached garage currently serves as a dream workshop. Appraisal and inspection reports available upon request. Home to be sold as-is.
Sold
Zestimate®
$415,000
406 E 51st St, Indianapolis, IN 46205
4beds
3,694sqft
Residential, Single Family Residence
Built in 1920
8,276.4 Square Feet Lot
$415,000 Zestimate®
$112/sqft
$2,799 Estimated rent
Home value
$415,000
$394,000 - $436,000
$2,799/mo
Zestimate® history
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List your homeWhat's special
Two story homeBrick fireplaceDouble lotFour bedroomsEnclosed front porchFormal dining roomWood-beam ceilings
Zillow last checked:
Listing updated:
Listing Provided by:
Lesli Gibson 574-361-4096,
Maywright Property Co.
Bought with:
Alexander Elston
United Real Estate Indpls
Source: MIBOR as distributed by MLS GRID,MLS#: 22069461
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 208 Square Feet
- Dimensions: 16x13
Bedroom 2
- Level: Upper
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 3
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 10x11
Bedroom 4
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 12x15
Living room
- Level: Main
- Area: 345 Square Feet
- Dimensions: 15x23
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Water Heater, Gas Oven, Refrigerator
Features
- Kitchen Island, Hardwood Floors, High Speed Internet, Walk-In Closet(s)
- Flooring: Hardwood
- Has basement: Yes
Interior area
- Total structure area: 3,694
- Total interior livable area: 3,694 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, On Street
- Garage spaces: 2
- Details: Garage Parking Other(Other)
Features
- Levels: Two
- Stories: 2
- Patio & porch: Glass Enclosed
Lot
- Size: 8,276 sqft
Details
- Additional parcels included: 52.5' Off Entire W Side Of L1 In Mc Ilvain'scentral Avenue Sub
- Parcel number: 490612110024000801
- Special conditions: As Is,Defects/See Remarks
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Central Avenue Heights
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Sold | $415,000-2.4%$112/sqft |
Source:  MIBOR as distributed by MLS GRID #22069461 Report a problem | ||
| 5/9/2026 | Pending sale | $425,000$115/sqft |
Source: MIBOR as distributed by MLS GRID #22069461 Report a problem | ||
| 4/28/2026 | Price change | $425,000-5.6%$115/sqft |
Source: MIBOR as distributed by MLS GRID #22069461 Report a problem | ||
| 3/19/2026 | Price change | $450,000-10%$122/sqft |
Source: MIBOR as distributed by MLS GRID #22069461 Report a problem | ||
| 2/6/2026 | Price change | $500,000-4.8%$135/sqft |
Source: MIBOR as distributed by MLS GRID #22069461 Report a problem | ||
| 12/11/2025 | Price change | $525,000-6.3%$142/sqft |
Source: MIBOR as distributed by MLS GRID #22069461 Report a problem | ||
| 10/22/2025 | Listed for sale | $560,000+36.6%$152/sqft |
Source: MIBOR as distributed by MLS GRID #22069461 Report a problem | ||
| 11/26/2018 | Sold | $410,000$111/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,790 -1% | $431,300 +6.5% |
| 2024 | $4,837 -2.4% | $405,100 -1.6% |
| 2023 | $4,956 +16.1% | $411,700 -1.5% |
| 2022 | $4,269 -5% | $418,000 +14.8% |
| 2021 | $4,492 -0.2% | $364,000 -4.5% |
| 2020 | $4,500 +4.4% | $381,000 +1.9% |
| 2019 | $4,310 +20.1% | $373,800 +3.1% |
| 2018 | $3,590 +2.2% | $362,700 +8% |
| 2017 | $3,512 -0.8% | $335,900 +1.8% |
| 2016 | $3,541 +9.2% | $330,000 +9.1% |
| 2014 | $3,242 -6.1% | $302,500 -3.2% |
| 2013 | $3,453 | $312,500 +0.4% |
| 2012 | $3,453 | $311,400 +7% |
| 2011 | -- | $291,000 |
| 2010 | $3,009 -4.7% | $291,000 -2.8% |
| 2009 | $3,157 | $299,400 +10.2% |
| 2007 | -- | $271,800 +3.5% |
| 2006 | -- | $262,700 +51.2% |
| 2005 | -- | $173,800 |
| 2004 | -- | $173,800 |
| 2003 | -- | $173,800 +280.3% |
| 2002 | -- | $45,700 +199.9% |
| 2001 | -- | $15,240 |
| 2000 | -- | $15,240 |
Find assessor info on the county website
Neighborhood: Meridian Kessler
Nearby schools
GreatSchools rating
- 8/10Center for Inquiry School 70Grades: K-5Distance: 0.4 mi
- NABroad Ripple Middle School - An IB World SchoolGrades: 6-8Distance: 1.8 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$415,000
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Estimated market value
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