3941 Meridee Dr, Indianapolis, IN 46237
Property image
Property image
FOR SALE
0.55 ACRES

$289,900

  • 3 Beds
  • 2 Baths
  • 1,479 sqft (on 0.55 acres)

3941 Meridee Dr, Indianapolis, IN 46237

South Emerson
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We estimate this home will sell faster than 92% nearby.

Home Highlights

Single-Family Home
Built in 1986
0.55 acre lot
$196/sqft
2 Car Garage

Local Information

  • Map ViewExplore the area around 3941 Meridee Dr.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

WELCOME HOME! This beautifully maintained 3-bedroom, 2-bath brick ranch offers the perfect blend of comfort, privacy, and easy living! Nestled on a wooded corner lot at the end of a quiet dead-end street, this move-in-ready home offers a peaceful setting you'll love coming home to. Step inside and discover a warm and inviting floor plan with a wood-burning fireplace, perfect for cozy evenings and gathering with family and friends. The kitchen is ready for its new owners with all appliances included, plus the added convenience of an included washer and dryer. Outside, the back deck provides the perfect spot for morning coffee, summer entertaining, or simply relaxing while enjoying the beautiful wooded surroundings. The brick exterior adds timeless appeal and low-maintenance living. Turn-key ready and waiting for you! With 3 bedrooms, 2 full baths, a desirable ranch floor plan, wood-burning fireplace, all appliances included, spacious deck, and a private wooded corner lot on a dead-end street, this home is a must-see! Don't miss your opportunity to make this inviting ranch your new home! Easy access to the interstate, shopping, and restaurants.
Last check for updates: about 13 hours ago
Listing Provided by: Diane Barton
RE/MAX Advanced Realty
Source: MIBOR as distributed by MLS GRID, MLS#22122037
Also Listed on MIBOR as distributed by MLS GRID.
We estimate this home will sell faster than 92% nearby.

Home Details for 3941 Meridee Dr

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 6Types of Rooms: Bedroom 2, Bedroom 3, Dining Room, Great Room, Kitchen
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1479 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, WasherDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Great Room, Wood BurningHas a Fireplace
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Patio / Porch: Covered, DeckFencing: Fenced, Chain Link, PartialOther Structures: Barn MiniExterior: Fire PitFoundation: Crawl Space
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Parking Other(Garage Door Opener)No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 1Days on Market: 4

Property Information

Year Built
Year Built: 1986
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: BrickNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 491033130024000500

Price & Status

Price
List Price: $289,900Price Per Sqft: $196
Status Change & Dates
Possession Timing: Close Of Escrow, Negotiable

Location

Direction & Address
City: IndianapolisCommunity: Braemoor
School Information
High School District: Perry Township Schools

Agent Information

Listing Agent
Listing ID: 22122037

Building

Building Area
Building Area: 1479 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.55 acres

Miscellaneous

Mls Number: 22122037Attic: Access Only

Around this home

Neighborhood Overview

South Emerson
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Emerson

At least 85 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 85 % Say parking is easy

  • 84 % Say kids play outside

  • 82 % Say it's dog friendly

  • 74 % Say yards are well-kept

  • 69 % Say there are sidewalks

  • 68 % Say there's holiday spirit

  • 62 % Say it's quiet

  • 50 % Say neighbors are friendly

  • 50 % Say people would walk alone at night

  • 45 % Say it's walkable to grocery stores

  • 42 % Say there's wildlife

  • 35 % Say it's walkable to restaurants

  • 33 % Say streets are well-lit

  • 33 % Say they plan to stay for at least 5 years

  • 18 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "there is great yard space to run and play and also tons of parks to take them for walks. "
    0
    Flag
  • Trulia User
    "Not a lot of strays. Lots of friendly dogs. Low speed limits. Most of the houses have big yards. Lots of neighborhoods to walk. "
    0
    Flag
  • Trulia User
    "I’ve lived in this beautiful neighborhood for 25 years, raised our sons here. Neighbors are friendly & keep an eye out for one another. Rarely do these homes go up for sale, so there isn’t much turnover. "
    6
    Flag
  • Lalcautergomez
    "Dogs are welcome, most of the neighborhood has dogs and people walks them all the time, and most if not all pick after them "
    1
    Flag
  • Hermelindo P.
    "There is safe to live in here and people are very friendly, so far is nice and calm, no problems with the neighborhood "
    3
    Flag
  • A
    "Some crime; petty theft/ break ins... weird people knock on your door sometimes. BUT management is really nice and the maintenance team is quick and efficient. "
    4
    Flag
  • Scissorhands_888
    "Small neighborhood with two streets to enter or exit. Low incidence of crime. Neighbors watch out for each other and communicate regularly."
    37
    Flag
  • Meddie D.
    "You see dog owners walking their dogs all the time and consistently looking out for each other's pets."
    2
    Flag
  • Dedra B.
    "great..good.. well festive... nice... non violent.. friendly... nice schools.... lots of restaurants.."
    2
    Flag
  • V
    "Schools in this area lack diversity. There are a few nice restaurants and lots of medical offices conveniently located."
    1
    Flag
  • Meddie D.
    "My neighborhood needs greater access to public transportation and better lighting for the streets. The traffic lights would do better with better synchronization."
    3
    Flag
  • Jahadley317
    "This is a great, quiet little area with good schools and easy access to downtown. It is a great place to start a family. Franklin township schools are the best in the city."
    1
    Flag
  • Donna S.
    "I am in a CDI Home Retirement Community. There are very good places to walk without having to get on busy roads. Convenient shopping and eating areas near Southport and also Beech Grove."
    2
    Flag

Market trends in South Emerson

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$242K
Sale-to-List Price
99.9%
Price per sq ft
$155
Available listings
68
4MoM

Home Value

Trulia Estimate
$286K
Since last month
Increased$18K (+6.9%)
Since last year
Increased$18K (+6.7%)
Since last sale
Increased$126K (+79%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +100% in the last 10 years
MonthEstimated value
2026
September 2026$286K
August 2026$267K
July 2026$268K
June 2026$270K
May 2026$268K
April 2026$267K
March 2026$264K
February 2026$261K
January 2026$258K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
14 Melody Ct, Beech Grove, IN
0.46
Single-Family Home
$155,000
01/16/26
3
1.5
1,315
3510 Chamberlin Dr, Indianapolis, IN
0.32
Single-Family Home
$203,000
12/22/25
3
2
2,080
3638 Redfern Dr, Indianapolis, IN
0.29
Single-Family Home
$225,000
11/25/25
3
1.5
2,358
1247 Smoketree Dr, Beech Grove, IN
0.14
Single-Family Home
$295,000
05/12/26
4
2
1,556
4020 Klintilloch Ct, Indianapolis, IN
0.07
Single-Family Home
$379,900
07/01/26
3
2.5
2,760
709 N Bend Rd, Beech Grove, IN
0.44
Single-Family Home
$185,000
05/15/26
3
1.5
1,726
4035 Owster Way, Indianapolis, IN
0.39
Single-Family Home
$225,000
03/24/26
3
2
1,236
306 Ada Ln, Beech Grove, IN
0.72
Single-Family Home
$229,000
03/16/26
3
1.5
1,571
4229 Terra Dr, Indianapolis, IN
0.37
Single-Family Home
$310,000
06/01/26
4
2
1,664
3920 S Lasalle St, Indianapolis, IN
0.70
Single-Family Home
$160,000
11/14/25
4
2
1,296

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
4020 Klintilloch Ct, Indianapolis, IN 46237
0.07
$379,900
3
2.5
2,760
Recently Sold
3917 Meridee Dr, Indianapolis, IN 46237
0.04
$362,600
5
3
3,278
Off Market
3926 Meridee Dr, Indianapolis, IN 46237
0.05
$343,500
3
2.5
2,141
Off Market
3841 Meridee Dr, Indianapolis, IN 46237
0.09
$283,400
3
2
1,469
Off Market
1224 Smoketree Dr, Indianapolis, IN 46237
0.11
$377,700
3
2.5
3,224
Off Market
1235 Smoketree Dr, Beech Grove, IN 46107
0.13
$288,100
3
2
1,721
Off Market
1229 Smoketree Dr, Beech Grove, IN 46107
0.13
$297,200
3
2.5
1,753
Off Market
1247 Smoketree Dr, Beech Grove, IN 46107
0.14
$295,000
4
2
1,556
Recently Sold
4230 Redfern Dr, Indianapolis, IN 46237
0.18
$221,100
3
1.5
1,170
Off Market
1040 Stave Oak Dr, Beech Grove, IN 46107
0.21
$303,400
3
2.5
1,785
Off Market
3922 Dundee Dr, Indianapolis, IN 46237
0.19
$216,100
3
2
1,365
Off Market

Price and Tax history

DateEventPrice
Sep 1, 2026
Source: MIBOR as distributed by MLS GRID #22122037
Listed For Sale
$289,900
Mar 26, 2018
Source: MIBOR as distributed by MLS GRID #21544807
Sold
$160,000
Jul 3, 2017
Source: N/A
Sold
$80,001
Apr 25, 2017
Source: Agent Provided
Listed For Sale
$0
Aug 23, 2013
Source: Agent Provided
ListingRemoved
$115,000

LGBTQ Local Legal Protections

Diane Barton, RE/MAX Advanced Realty
Based on information submitted to the MLS GRID as of 2026-09-05 17:28:04 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information

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Frequently asked questions about 3941 Meridee Dr

  • What is the estimated monthly payment for 3941 Meridee Dr?
    Based on a $289,900 list price with 20% down at today's rates, the estimated monthly payment for 3941 Meridee Dr in Indianapolis, IN is approximately $1,842 (about $1,535 principal & interest, $232 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 3941 Meridee Dr compare to homes in Indianapolis?
    3941 Meridee Dr in Indianapolis, IN is listed at $289,900, about 20% above the $242K median sale price in Indianapolis.
  • What do residents say about the South Emerson neighborhood?
    Residents describe the South Emerson neighborhood in Indianapolis, IN as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See homes for sale in South Emerson, Indianapolis.
  • What are the closest schools to 3941 Meridee Dr?
    The closest schools to 3941 Meridee Dr in Indianapolis, IN are Jeremiah Gray Kindergarten (Elementary), Jeremiah Gray-Edison Elementary School (rated 4/10), Southport 6th Grade Academy (Elementary/Middle, rated 4/10).
  • Does 3941 Meridee Dr have air conditioning?
    Yes, 3941 Meridee Dr in Indianapolis, IN has air conditioning.
  • Does 3941 Meridee Dr have laundry facilities?
    Yes, 3941 Meridee Dr in Indianapolis, IN has in-unit laundry.
3941 Meridee Dr, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,479 sqft single-family home built in 1986. 3941 Meridee Dr is located in South Emerson, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Sep 1, 2026. The MLS # for this home is MLS# 22122037.