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    2165 S Meridian St Indianapolis, IN 46225

    New
    For Sale
    $89,900

    Industrial - Indianapolis, IN

    Type:Industrial
    Property size:
    1,848 SF
    Lot size:
    0.19 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 2165 S Meridian St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    Zoning
    C-3
    APN
    491113126010000101
    Size
    1,848 SF
    Lot size
    0.19 Acres

    Building Details

    Year built
    1910
    Architectural style
    Other

    steven j rossman (317) 946-9444 [email protected]

    Listing agent Steve Rossman (317) 946-9444 License #RB14004081

    Listing date Dec 2, 2025

    MLS# 22019683 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

    Corner Lots with Redevelopment Potential

    These corner lots, zoned C-3, total 80x114 and include two parcels: 2165 and 2175 S Meridian. The northeast corner of Meridian Street and Raymond Street offers great access to downtown Indianapolis and the Interstate. One of the lots features a 1,848 square-foot, 1 1/2 story home, with 1,008 square feet on the main level and 840 square feet upstairs. The home is currently tenant-occupied. The C-3 zoning is extremely flexible and suitable for most businesses. The home has 10-foot ceilings on the main level and a nice floor plan. It features many windows in all rooms. Upstairs, the bedrooms are dormitory-style, with an open layout featuring four distinct areas laid out in a religious cross, with windows at all four ends. The home has updated electrical and windows and good bones, but the exterior roof, siding, and gutters are in disrepair. The interior needs total cosmetic improvements, including the kitchen, baths, paint, and floor coverings. This location is ideal for a business requiring excellent roadside exposure and easy access to downtown Indianapolis and all surrounding counties. Seller financing is considered with a 50% down payment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -86.158826
    Latitude
    39.737528

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    FAQs

    What type of property is this?
    Commercial land - Two lots with C-3 zoning, great access to downtown.
    Where is this commercial land located?
    The property is located at 2165 S Meridian St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $89,900.
    What are key features of this property?
    This property features: - Prime C-3 Commercial Zoning: Extremely flexible zoning suitable for most businesses.; - Excellent Location: Incredible roadside exposure with easy access to Downtown Indianapolis and surrounding counties.; - Corner Lots: Two lots totaling 80x114 on the northeast corner of Meridian St/Raymond St.
    (317) 946-9444
    Request Owner's contact information
    2165 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
    2165 S Meridian St Indianapolis, IN 46225
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