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    1741 S Meridian St Indianapolis, IN 46225

    For Sale
    $75,000

    Residential Lots - Indianapolis, IN

    Lot size:
    0.10 Acres
    Days on Market:
    179
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 1741 S Meridian St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    491113181001000101
    Lot size
    0.10 Acres

    Building Details

    Architectural style
    Other

    SGA Enterprises, Inc (317) 255-7285 [email protected]

    Listing agent Alexander Elston (317) 216-8800 License #RB14052287

    Listing date Jun 11, 2025

    MLS# 21927499 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot Near Downtown Indianapolis

    This residential lot, located close to downtown Indianapolis, offers potential for building a dream home, duplex, Airbnb, or small business. The 0.1-acre lot provides opportunities for various uses. The Indianapolis skyline is visible from the sidewalk. A structure was recently demolished on the property. Water and sewer connections are available, though currently disconnected. The surrounding area features a mix of new construction homes, flipped homes, rentals, and commercial properties. The property is zoned for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    We Buy Indianapolis ... Real Estate Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.158899
    Latitude
    39.743379

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot suitable for building a home or small business.
    Where is this residential land & home lot located?
    The property is located at 1741 S Meridian St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Prime location close to downtown Indianapolis with skyline views.; - Versatile lot suitable for a dream home, duplex, Airbnb, or small business.; - Water/sewer connection available (currently disconnected).
    (317) 216-8800
    Request Owner's contact information
    1741 S Meridian St Indianapolis, IN 46225
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    Indianapolis, IN 46225
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1741 S Meridian St Indianapolis, IN 46225
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