2013 S Meridian ST Indianapolis, IN 46225 New

UPDATED: 09/30/2026 10:28 PM ON MARKET: 1 days on market

$75,000

2 Beds1 Bath1,035 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,035 sqft

Price per Sqft $72

Subdivision James Franks S Meridian Street Add

MLS Listing ID 22128878

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1900

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Single Family Residence

Property Description

Investors, developers and visionaries, bring your blueprints and your tools, because this property is packed with upside and value-add potential! Small but mighty, this turn-of-the-century bungalow features 2 bedrooms, 1 full bathroom w/ laundry & an enclosed sunroom for incremental living space! She appears to be structurally sound & provides opportunity for cash flow as a rental or she would make a VERY affordable owner-occupied HOME. The real magic, however, lies in the future of the location for redevelopment to commercial or light industrial, as she is surrounded by vacant lots, adjacent to commercial & ready to be rezoned. For the time being, there is a storage shed, fenced yard and a detached garage w/ convenient alley access (the garage appears to need some structural reinforcement & is sold AS IS), a dry basement & modern mechanicals. The options here are wide open. Maybe you rehab the property to craft a charming, low-overhead rental OR wipe the slate clean and see what the future holds for this area of S Meridian St, located sooooo close to downtown Indy, with an entire block ready for redevelopment & an up & coming neighborhood behind it, enjoying a new life in renovation.


Digital Millennium Copyright Act – DMCA Notice Based on information submitted to the MLS GRID as of 10/01/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.