3750 S Meridian St Indianapolis, IN 46208
Property profile & analytics
3750 S Meridian St Indianapolis, IN 46208
- Office properties & Spaces
- 10,964 SF
- 0.16 lot acres
Property ID
US31-1213653
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- TeethXpress / Dental Office
- Planned Parenthood - Midtown Health Center / Medical Clinic
- Norton Estate Planning & Elder Law Firm / Law Firm
- John Shaver / Physician
- Simply Smile Dentistry / Dental Office
Property Details for 3750 S Meridian St
- Year built
- 1957
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.16 lot acres
- Property size
- 10,964 SF
- Property type
- Office properties & Spaces
- APN
- 49-06-24-158-035.000-101
- APU
- 490624158035000101
Description
This fully-entitled 3.44-acre site in Indianapolis, Indiana (APN 5001560), is zoned D7, SU-34 and offers a prime opportunity for multifamily development. Plans are approved for a 56-unit, three-story walk-up building featuring a mix of studio, one-, and two-bedroom units, each with in-unit laundry and (where applicable) patios/balconies. Amenities include a dog park, pickleball court, flexible community room, covered parking, and electric vehicle charging stations. The property enjoys a convenient location less than 15 minutes from downtown Indianapolis and just over a mile from Interstate 465, with nearby retail and substantial employment opportunities. Its location within both an Opportunity Zone (18097380200) and a Qualified Census Tract (3802) provides significant tax and development benefits. The address is 3750 S Meridian St, Indianapolis, IN 46217, in Marion County. The site is fee simple ownership. Efficiently designed floor plans and a generally level site contribute to the project's viability. This is a rare opportunity to develop a high-demand multifamily project in a thriving location with substantial added incentives.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $865,000
Market price range: $327k - $1.31M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $820,000 Current use
- AUTO REPAIR, GARAGE
- $875,000 Change: +6% Conversion: Difficult
- RETAIL STORES
- $820,000 Change: -0% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $685,000 Change: -17% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.1573
- Latitude
- 39.8239
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,435
$23,300
$425,000
$448,300
-
$23,300
$425,000
$448,300
