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Property profile & analytics

3951 N Meridian St Indianapolis, IN 46208

  • Office Properties & Spaces
  • 16,532 SF
  • 0.51 lot acres
Value Estimation
Location Intelligence
Property ID
US31-0139577
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.

Current Use by Public Records

  • Library of War / Historical Society
  • Jeff Kolp - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency
  • Charles W. Clark / Website Designer / Artist
  • Meridian Hanna Citgo / Gas Station
  • Hoosier Environmental Council / Non-Profit Organization

Property Details for 3951 N Meridian St

Year built
1962
Construction
TYPE NOT SPECIFIED
Lot size
0.51 lot acres
Property size
16,532 SF
Property type
Office Properties & Spaces
APN
49-06-13-150-051.000-801
APU
490613150051000801

Description

This exceptional three-story Class B executive office building, totaling 15,300 square feet, presents a unique investment opportunity in Indianapolis, Indiana. Located at 3951 N. Meridian Street, this property boasts high visibility and signage on a major thoroughfare. The building underwent a complete renovation in 2016, encompassing the interior, bathrooms, roof, and parking lot. Upgrades include the installation of eco-friendly fixtures throughout. The ample 63-space parking lot adds significant convenience. Its strategic location offers easy access to downtown Indianapolis and Interstate 65, enhancing its appeal to businesses and employees alike. The property is zoned C1 and sits within an Opportunity Zone, providing potential tax advantages. Furthermore, its proximity to the Tarkington Park Redevelopment project positions it for future growth and increased value. This owner-occupant building is ideal for a company seeking a prominent presence on Meridian Street. The building's modern amenities, including a newly renovated common area, parking garage, electrical system, and HVAC system, ensure a comfortable and efficient workspace. This is a rare opportunity to acquire a meticulously maintained and well-located commercial property in a thriving Indianapolis neighborhood.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Marion
State
Indiana
Longitude
-86.1562
Latitude
39.8278
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
$14,138
$73,900
$442,800
$516,700
-
$73,900
$442,800
$516,700
More about this property
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