421 E  48th St, Indianapolis, IN 46205
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Property image
OFF MARKET

421 E 48th St
Indianapolis, IN 46205

Meridian Kessler
  • 3 Beds
  • 2.5 Baths
  • 2,520 sqft

$716,500

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $4,328/mo*

$716,500

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $4,328/mo*
3 Beds
2.5 Baths
2,520 sqft

Home Value

Trulia Estimate
$717K
Since last month
Decreased$4K (-0.6%)
Since last year
Increased$13K (+1.8%)
Since last sale
Increased$29K (+4.2%)
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 +193% in the last 10 years
MonthEstimated value
2026
August 2026$718K
July 2026$722K
June 2026$716K
May 2026$720K
April 2026$710K
March 2026$695K
February 2026$694K
January 2026$691K
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
0.05
Single-Family Home
$660,000
07/25/26
3
2.5
2,028
0.12
Single-Family Home
$802,000
04/10/26
3
2.5
2,922
0.23
Single-Family Home
$655,000
08/11/26
3
2.5
2,696
0.17
Single-Family Home
$415,000
02/13/26
3
1.5
2,334
0.26
Single-Family Home
$600,000
06/01/26
3
2
2,912
0.28
Single-Family Home
$517,500
03/03/26
3
1.5
2,480
0.13
Single-Family Home
$549,900
09/24/25
3
1.5
2,973
0.24
Single-Family Home
$685,000
09/04/25
4
2
2,946
0.15
Single-Family Home
$425,000
03/19/26
3
2
2,225

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
0.05
$572,400
4
3
2,940
Off Market
0.06
$789,000
3
4.5
2,980
Off Market
0.04
$359,100
2
1
2,224
Off Market
0.04
$1,197,500
5
4
4,890
Off Market
0.05
$365,400
2
1.5
1,947
Off Market
0.03
$406,900
4
1.5
2,256
Off Market
0.02
$696,500
3
2
3,840
Off Market
0.07
$946,500
3
3.5
4,035
Off Market
0.03
$775,000
4
3.5
4,006
For Sale
0.09
$594,200
3
2
2,559
Off Market
0.11
$844,200
3
2.5
4,529
Off Market

Local Information

  • Map ViewExplore the area around 421 E 48th St.
  • Schools5 Preschool Schools9 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1921
Living Area
2,520 sqft
Price/Sqft
$284
Parking
Garage

About this House

This is Your Chance to own a Meticulously Restored 1920's Bungalow in the Heart of the Coveted Meridian Kessler Neighborhood! Upon Entering from the Inviting Front Porch, one will find the Gorgeous Living Room with Gas Fireplace and Lots of Windows for Great Natural Lighting. A Brand New, yet within the Style of the Home, Kitchen sets it apart from others with its Beautiful Cabinetry, Appliances and Quartz Counters. Adjacent to the Kitchen is a Butler's Pantry with Double Sinks, Beverage Chiller and Extra Storage. Primary Bedroom is Spacious with Electric Fireplace and Vaulted Plank Ceilings. Basement with Epoxy Floors, Painted Walls and Ceiling Truly Feels Finished with Full Bath & Walk-In Shower. Outdoor Space is Absolutely Amazing for Entertaining or Just Spending a Quiet and Peaceful Night at Home. It includes a Covered Back Porch, Full Kitchen and Large Deck. Home is Nestled on a Quiet Private Street within Walking Distance of Cafe Patachou, Gallery Pastry Shop, Upland Brewery, Sullivan's Hardware and More. Updates Include Outdoor Kitchen and Deck, 200 Amp Service, Reverse Osmosis, Water Heater, Water Softener and Roof. Check Out the Supplements for More Updates. Come See What You Have Been Waiting On!!
421 E 48th St, Indianapolis, IN 46205 is a 3 bedroom, 3 bathroom, 2,520 sqft single-family home in Meridian Kessler, built in 1921. It last sold for $689,000 on Jun 24, 2024 (2% below the $699,900 asking price). It is currently off market. The Trulia Estimate is $716,500, with a rent estimate of $2,510/month.
Last check for updates: about 1 hour ago
Listed by Tamara Carroll, (317) 445-5609
RE/MAX Centerstone
Bought with: Hannah Walker, Berkshire Hathaway Home
Source: MIBOR as distributed by MLS GRID, MLS#21981571

Home Details for 421 E 48th St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Daylight,Finished,FullNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bonus Room, Kitchen, Living Room, Sun Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2520 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Gas Water Heater, Gas Oven, Range Hood, Refrigerator, Water Purifier, Water Softener OwnedDishwasherDisposalLaundry: Laundry RoomRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Primary Bedroom, Living RoomHas a Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Patio / Porch: CoveredFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached
Farm & Range
Horse Amenities: None
Finished Area
Finished Area (below surface): 840 Square Feet

Days on Market

Cumulative Days on Market: 6

Property Information

Year Built
Year Built: 1921
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Craftsman
Building
Construction Materials: OtherNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 490612229099000801

Price & Status

Price
List Price: $699,900
Status Change & Dates
Off Market Date: Sat Jun 01 2024Possession Timing: Negotiable

Location

Direction & Address
City: IndianapolisCommunity: Arthur V Brown S East Meridian H
School Information
High School District: Indianapolis Public Schools

Building

Building Area
Building Area: 2520 Square Feet

HOA

No HOA

Lot Information

Lot Area: 6534 sqft

Listing Info

Special Conditions: None

Miscellaneous

BasementMls Number: 21981571Attic: Access Only

Price and Tax history

DateEventPrice
Jun 24, 2024
Source: MIBOR as distributed by MLS GRID #21981571
Sold
$689,000
Jun 1, 2024
Source: MIBOR as distributed by MLS GRID #21981571
Pending
$699,900
May 27, 2024
Source: MIBOR as distributed by MLS GRID #21981571
Listed For Sale
$699,900
Aug 22, 2022
Source: MIBOR as distributed by MLS GRID #21870804
Sold
$582,000
Aug 6, 2022
Source: MIBOR as distributed by MLS GRID #21870804
Pending
$595,000

Market trends in Indianapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$251K
$10K
MoM
Sale-to-List Price
99.6%
0.3%
MoM
Price per sq ft
$145
$3
MoM
Available listings
4043
154
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Meridian Kessler

At least 74 Trulia users voted on each feature.
  • 96 % Say it's dog friendly

  • 94 % Say there are sidewalks

  • 92 % Say yards are well-kept

  • 86 % Say parking is easy

  • 85 % Say it's walkable to restaurants

  • 84 % Say there's holiday spirit

  • 82 % Say kids play outside

  • 76 % Say streets are well-lit

  • 76 % Say people would walk alone at night

  • 73 % Say neighbors are friendly

  • 72 % Say car is needed

  • 68 % Say it's walkable to grocery stores

  • 67 % Say they plan to stay for at least 5 years

  • 63 % Say there are community events

  • 51 % Say there's wildlife

  • 46 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "cool people cool stuff. biscuits and gravy car club Saturdays. farmers market is pretty 😎 and the park is one of a kind. "
  • Trulia User
    "The school down the road has a French festival and the state fair grounds has events all year around."
  • Trulia User
    "Great places to walk. Lots of dog-friendly places to take your pup for dinner. Some of the yards can be a bit small."
  • Trulia User
    "I drive my car. I take Meridian St. north to my workplace in Carmel. It is a short 15 minute drive. "
  • Trulia User
    "The streets in the area are busy so be cautious. Friendly neighborhood. Walk to grocery stores, restaurants and schools. Neighbors look after each other so you feel very safe. "
  • J J. O.
    "it's a dog friendly neighborhood. Dog's are well maintained and so are the lawns owners have control over their pets "
  • Ratay.torrey
    "There are lots of families with dogs around this area and many patios are dog friendly. People generally clean up after their dogs well, also."
  • Meredithangner
    "Amazing neighborhood. Really can’t find a better place to live in Indy! Safe, friendly and beautiful. Plus walk to school"
  • Karla
    "Saint Joan of Arc festival and Sausage Festival are great! Jazz fest at jazz kitchen is one of my favorite weekends."
  • Juliet M.
    "Lots of families. Lots of pets, good sidewalks, shops, restaurants. We really like living here. Never had an issue with feeling uncomfortable "
  • Jesse.kurth
    "Zone 2 of Meridian Kessler East of College is quiet, void of crime, larger than average homes and invested home owners."
  • Mbc3muller
    "Our dogs frolic in a fenced yard with 300 feet of treed shade. They run the fence with our neighbor dogs on either side. Lots of people walk their dogs on the side walk out front. We are a dog friendly area. Everyone picks up after their dogs, and most keep their pets out of the flowers. "
  • Jerry W. T. J.
    "Commute to downtown is painful for past 18 months, perhaps construction being finished will help. Red line bus could be the answer."
  • Paige O.
    "Close to everything. Clean. Diverse. Is in a safe bubble. Loving neighbors. A million parks near by. Ideal to raise a child here. "
  • Kyfoster
    "Accessible to parks, monon trail. Lots of dog friendly people in the area. Many restaurants are dog friendly as well especially in the summer time. "
  • Jordan H.
    "A great place to live, go out, exercise, and enjoy your neighbors. Perfect location in Indianapolis."
  • Caitlyn R.
    "Safe neighborhood but definitely street by street. Fast driving cars near college. A lot of traffic. "
  • Jesse k.
    "The yards in this neighborhood typically aren't huge but we're close to the Monon trail, so a great place for walks."
  • Kyfoster
    "good area and nice people. great local food and shops. dog friendly and parks are close by. low crime rate"
  • Gabriel H.
    "Friendly, diverse neighborhood; fairly pedestrian friendly; Monon Trail should be considered a national treasure. "
  • Ktspitler
    "Our neighborhood has a little bit of everything! Friendly, downtown feel, restaurants and shops in walking distance, old homes with lots of character...there is turkey not another neighborhood like it in the area. Schools are within walking distance and neighbors are always outside ready for a friendly chat!"
  • Kyfoster
    "walkable to fun stores and restaurants. trendy and active area. homes with character and charm make the area interesting"
  • Andy P.
    "I've lived in the area for almost four years, and there is no where else in Indy I'd rather be. You can walk to anything! Shopping, restaurants, green space, schools -- you name it! "
  • Mary
    "Houses in SoBro, near 46th & Winthrop are great for active families. Meridian Kessler little league is running almost every evening on the diamonds at the school for the deaf (on 46th). Across the street is Aresenal Park. On a sunny Sunday & often throughout the week there are bike polo matches, pick up basketball, ultimate frisbee, soccer, Indy Parks area for outdoor parties & the play area for kids, including a splash park in the summer! There's also development in nearby businesses along College, The Monon & 46th. Surely a great area to live. I've lived in the area for 3+ years now & haven't had any dangerous interactions with anyone. The crime seems to be isolated to the houses / apartments where folks are up to no good."
  • lbisser
    "Excellent schools - Center for Inquiry and Immaculate Heart of Mary in walking distance. Friendly neighborhood walking biking pet friendly - near Broad Ripple dog park, and The Riviera Club for fitness and swimming and social life"
  • pacificsky71
    "Wow, loved it. Traffic was a bit much but after a month I didnt even notice. Was so nice to live only a few minutes from down town and a few minutes from broadripple. Neightbors were best I have ever lived near. "

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-19 11:53:02 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

Frequently asked questions about 421 E 48th St

  • What is 421 E 48th St estimated to be worth?
    Trulia's estimated value for 421 E 48th St in Indianapolis, IN is $716,500.
  • What is the price history for 421 E 48th St?
    421 E 48th St in Indianapolis, IN last sold for $689,000 in June 2024.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $251K. That is up $10K from the prior month.
  • Does 421 E 48th St have air conditioning?
    Yes, 421 E 48th St in Indianapolis, IN has air conditioning.
  • Does 421 E 48th St have laundry facilities?
    Yes, 421 E 48th St in Indianapolis, IN has laundry facilities.

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