428 E  49th St, Indianapolis, IN 46205
Property image
Property image
OFF MARKET

$585,700

Trulia Estimate
  • 6 Beds
  • 3 Baths

428 E 49th St, Indianapolis, IN 46205

Meridian Kessler
Est. Refi. Payment $3,574/mo*
Refinance Your Home
Currently Off Market - Sold Nov 15, 2024 for $436,000

Home Value

Trulia Estimate
$586K
Since last month
Decreased$6K (-1.1%)
Since last year
Increased$32K (+5.7%)
Since last sale
Increased$156K (+35.9%)
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 +85% in the last 10 years
MonthEstimated value
2026
August 2026$592K
August 2026$586K
July 2026$599K
June 2026$595K
May 2026$604K
April 2026$532K
March 2026$529K
February 2026$533K
January 2026$506K
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
0.06
Multi-Family Home
$472,000
07/01/26
6
4
-
0.22
Multi-Family Home
$575,000
07/01/26
7
4
-
0.56
Multi-Family Home
$350,000
10/03/25
6
2
-
0.65
Multi-Family Home
$460,000
06/15/26
6
4
-
0.73
Multi-Family Home
$465,000
07/09/26
6
3
-
0.55
Multi-Family Home
$500,000
12/12/25
5
4
-
0.92
Multi-Family Home
$465,000
04/01/26
6
2
-
1.01
Multi-Family Home
$381,435
05/11/26
6
2
-
0.76
Multi-Family Home
$315,000
04/13/26
2
2
-

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
0.03
$533,500
3
2.5
2,435
Off Market
0.03
$775,400
4
2.5
3,284
Off Market
0.04
$802,000
3
2.5
2,922
Recently Sold
0.04
$551,900
3
1.5
2,973
Off Market
0.05
$387,700
3
1.5
2,628
Off Market
0.06
$673,900
4
2
3,792
Off Market
0.06
$631,300
3
1.5
2,271
Off Market
0.06
$444,900
3
1.5
2,204
Off Market
0.08
$912,300
5
4.5
4,320
Off Market
0.06
$472,000
6
4
-
Recently Sold
0.07
$944,600
4
2.5
3,760
Off Market

Local Information

  • Map ViewExplore the area around 428 E 49th St.
  • Schools5 Preschool Schools9 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1922

About this House

Don't miss this opportunity to own a well-maintained, tenant-occupied, full brick double in the heart of Meridian-Kessler. Walk to Patachou, Sullivan's, Fresh Market and other local shops and restaurants. Charm and character throughout with hardwood floors, 9 ft ceilings on main level, covered front porches, built-ins, fireplaces and basements. Owner has made considerable updates including new kitchen and addition of 1/2 bath on 430 side. Upstairs you'll find 3 nice-sized bedrooms and updated full baths in both units. Gas furnace and water. Subject to tenants rights.
428 E 49th St, Indianapolis, IN 46205 is a 6 bedroom, 3 bathroom multi-family in Meridian Kessler, built in 1922. It last sold for $436,000 on Nov 15, 2024 (3% below the $450,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $585,700, with a rent estimate of $1,581/month.
Last check for updates: about 4 hours ago
Listed by Mike Scheetz, (317) 587-8600
CENTURY 21 Scheetz
Melanie Scheetz, (317) 517-0351
Bought with: Sean Mullins, eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22003049

Home Details for 428 E 49th St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Daylight,Full,Storage Space,Unfinished
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 3Number of Bathrooms (main level): 6
Appliances & Utilities
Laundry: Connections All,In Basement
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Levels: Two
View
Has a ViewView: Neighborhood, Trees/Woods

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleFoundation: Block, Full
Parking & Garage
Other Parking: Unit Parking(On Street, Parking Lot, Unpaved)No CarportNo Attached GarageParking: None,Gravel
Frontage
Road Frontage: City Street, Access RdRoad Surface Type: Asphalt

Days on Market

Cumulative Days on Market: 12

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Traditional
Building
Building: StorageConstruction Materials: Brick, Stucco, WoodNot a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Condition: Updated/RemodeledUsage of Home: ResidentialParcel Number: 490612229138000801

Price & Status

Price
List Price: $450,000
Status Change & Dates
Off Market Date: Tue Oct 08 2024

Location

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

Lot Information

Lot Area: 6098.4 sqft

Listing Info

Special Conditions: Sales Disclosure On File

Business

Expense
Tenant Pays: Security, All Utilities, Cable TV, Electricity, Gas, Insurance, Sewer, Water

Rental Terms, Policies & Fees

Owner Pays: Insurance, Grounds Care, No Utilities, Taxes

Miscellaneous

BasementMls Number: 22003049

Price and Tax history

DateEventPrice
Nov 15, 2024
Source: MIBOR as distributed by MLS GRID #22003049
Sold
$436,000
Oct 8, 2024
Source: MIBOR as distributed by MLS GRID #22003049
Pending
$450,000
Sep 27, 2024
Source: MIBOR as distributed by MLS GRID #22003049
Listed For Sale
$450,000

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 ๐Ÿ˜Ž 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 canโ€™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 2026-09-04 15:28:11 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 428 E 49th St

  • What is 428 E 49th St estimated to be worth?
    Trulia's estimated value for 428 E 49th St in Indianapolis, IN is $585,700.
  • What is the price history for 428 E 49th St?
    428 E 49th St in Indianapolis, IN last sold for $436,000 in November 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 428 E 49th St have air conditioning?
    Yes, 428 E 49th St in Indianapolis, IN has air conditioning.
  • Does 428 E 49th St have laundry facilities?
    Yes, 428 E 49th St in Indianapolis, IN has laundry facilities.

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