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    Brick Duplex with Childcare Facility Title is generated by Realmo AI

    7315 S Meridian Street, Indianapolis, IN 46217

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    For Sale
    $825,000

    MULTI_FAMILY - Ranch - Indianapolis, IN

    Type:Single Family Residence
    Lot size:
    0.65 Acres
    Added:
    Mar 11, 2026
    Days on Market:
    97
    Last Refresh:
    Jun 15 at 12:06 pm

    Property Features for 7315 S Meridian Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Security features
    Security System
    Standard status
    Active
    APN
    491413103175000500
    Lot size
    0.65 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Lancastershire Add L90 Ex .022Ac N Side

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1997
    Floors in Building
    1
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Ranch

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    Listing Contact
    Derek Gutting
    Derek Gutting

    Listing agent Derek Gutting License #RB14024424

    Listing office Keller Williams Indpls Metro N N Meridian St Ste 200 11595, Carmel, IN

    Listing date Mar 11, 2026

    MLS# 22088548 Listing URL

    Copyright © 2026 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.

    HighLights

    • Solid brick duplex built in 1997 with central air
    • Each side offers 3 bedrooms, 2 bathrooms, and a 2‑car garage
    • Open floor plans on both sides plus sunrooms with natural light
    • Updated interior features include vaulted ceilings, hardwood floors, updated lights, and freshly painted walls
    • Configured for Indiana Class II childcare licensing requirements, supporting up to 32 children 24/7
    • Childcare furnishings, equipment, educational materials, playground equipment, and security/camera systems may be left with the property

    Overview

    This solid brick duplex features a flexible layout with 3 bedrooms and 2 bathrooms on each side, along with a 2-car garage per unit. Both sides are designed with open floor plans, vaulted ceilings, and sunrooms that bring in natural light. Updates include some bathroom improvements, hardwood floors, updated lighting, and fresh paint. The property has also been updated to meet Indiana’s Class II childcare licensing requirements.

    Located at 7315 S Meridian Street in Indianapolis, the configuration supports operating a licensed childcare business on-site, with a capacity described as up to 32 children operating 24/7. The current owner has successfully run childcare out of this location for many years, and the property’s existing setup is presented as aligned with that use.

    For buyers seeking a live-in option or an income-producing strategy, the duplex format can support living on one side while renting or operating on the other. The owner is open to leaving existing childcare furnishings, equipment, educational materials, playground equipment, and related security and camera systems, which may support a more turnkey transition for an appropriate operator.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.157933
    Latitude
    39.659769

    FAQs

    What type of property is this?
    Duplex - Solid brick duplex offers 3 bed, 2 bath and 2-car garage per side, plus Class II childcare capability.
    Where is this duplex located?
    The property is located at 7315 S Meridian Street Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: Solid brick duplex built in 1997 with central air; Each side offers 3 bedrooms, 2 bathrooms, and a 2‑car garage; Open floor plans on both sides plus sunrooms with natural light
    More about this property
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