506 E 57th St, Indianapolis, IN 46220
Property image
Property image
OFF MARKET

$1,668,200

Trulia Estimate
  • 5 Beds
  • 4.5 Baths
  • 5,245 sqft (on 0.35 acres)

506 E 57th St, Indianapolis, IN 46220

Meridian Kessler
Est. Refi. Payment $10,343/mo*
Refinance Your Home
Currently Off Market - Sold Aug 21, 2023 for $1,550,000

Home Value

Trulia Estimate
$1.67M
Since last month
Decreased$23K (-1.3%)
Since last year
Increased$22K (+1.4%)
Since last sale
Increased$118K (+7.6%)
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 +72% in the last 10 years
MonthEstimated value
2026
September 2026$1.67M
August 2026$1.66M
July 2026$1.69M
June 2026$1.66M
May 2026$1.67M
April 2026$1.66M
March 2026$1.67M
February 2026$1.64M
January 2026$1.6M
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
5801 Central Ave, Indianapolis, IN
0.18
Single-Family Home
$1,365,000
11/24/25
5
4.5
4,688
5682 Broadway St, Indianapolis, IN
0.10
Single-Family Home
$1,340,000
09/19/25
6
5.5
4,275
5725 N Washington Blvd, Indianapolis, IN
0.13
Single-Family Home
$1,140,000
08/31/26
5
3
3,943
529 E 57th St, Indianapolis, IN
0.05
Single-Family Home
$1,250,000
02/13/26
4
3.5
4,041
5855 N College Ave, Indianapolis, IN
0.33
Single-Family Home
$960,000
06/04/26
5
3.5
4,726
35 E 58th St, Indianapolis, IN
0.34
Single-Family Home
$1,132,300
09/17/25
5
3.5
4,266
5780 Broadway St, Indianapolis, IN
0.14
Single-Family Home
$749,900
08/17/26
4
3.5
3,131
5750 Central Ave, Indianapolis, IN
0.10
Single-Family Home
$840,000
02/10/26
3
3.5
3,282
5647 N Pennsylvania St, Indianapolis, IN
0.29
Single-Family Home
$1,550,000
07/14/26
4
3.5
3,437

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
5695 N Central Ave, Indianapolis, IN 46220
0.04
$884,900
4
3.5
3,514
Off Market
5688 Central Ave, Indianapolis, IN 46220
0.08
$958,900
4
2.5
4,622
Off Market
529 E 57th St, Indianapolis, IN 46220
0.05
$1,250,000
4
3.5
4,041
Recently Sold
5726 Central Ave, Indianapolis, IN 46220
0.08
$2,395,000
7
5.5
7,235
Recently Sold
5658 N Central Ave, Indianapolis, IN 46220
0.12
$972,900
4
3.5
3,535
Off Market
5724 Broadway St, Indianapolis, IN 46220
0.07
$1,013,800
5
4.5
3,848
Off Market
5736 Central Ave, Indianapolis, IN 46220
0.08
$796,800
4
2
3,492
Off Market
5682 Broadway St, Indianapolis, IN 46220
0.10
$1,345,100
6
5.5
4,275
Off Market
5736 N Central Ave, Indianapolis, IN 46220
0.09
$587,800
4
2
3,424
Off Market
5670 N Broadway St, Indianapolis, IN 46220
0.11
$467,400
3
1.5
2,288
Off Market
5675 Washington Blvd, Indianapolis, IN 46220
0.14
$2,188,100
5
6.5
7,435
Off Market

Local Information

  • Map ViewExplore the area around 506 E 57th St.
  • Schools5 Preschool Schools9 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2016
0.35 acre lot
5,245 sqft
$318/sqft
3 Car Garage

About this House

Stunning Georgian style home rests at arguable one of the most iconic corners in Meridian Kessler. From the covered porch you'll likely hear the church bells ringing on Sunday morning and the excited cheers from afternoon recess at the church and schools nearby. Inside you'll find a beautifully appointed home with ample space to entertain and enjoy. The open kitchen is fitted with high-end Jenn Air appliances, large center island, and open sight-lines to the great room and breakfast room. Unique in this area the home boasts a traditional butlers pantry between the kitchen and formal dining room and a walk-in pantry for your kitchen's overflow. Lower level is ready for entertaining with rec room, wet bar, and theater room. A perfect home!
506 E 57th St, Indianapolis, IN 46220 is a 5 bedroom, 5 bathroom, 5,245 sqft single-family home in Meridian Kessler, built in 2016. It last sold for $1,550,000 on Aug 21, 2023 (3% above the $1,499,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,668,200, with a rent estimate of $5,493/month.
Last check for updates: about 5 hours ago
Listed by Matt McLaughlin
F.C. Tucker Company
Bought with: Kelly Todd, Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID, MLS#21926807

Home Details for 506 E 57th St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Egress Window(s),Finished,FullNumber of Rooms: 19Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Breakfast Room, Dining Room, Exercise Room, Family Room, Foyer, Great Room, Home Theatre, Kitchen, OfficeWet Bar
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 5245 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Disposal, Humidifier, Microwave, Double Oven, Gas Oven, Range Hood, Refrigerator, Free-Standing Freezer, Ice Maker, Tankless Water Heater, Washer, Water Softener Owned, Wine CoolerDishwasherDisposalDryerLaundry: Main LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Great RoomHas a Fireplace
Windows, Doors, Floors & Walls
Window: Wood Work PaintedFlooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Hardwood
Security
Security: Security Service

Exterior Features

Exterior Home Features
Patio / Porch: Covered, Deck, ScreenedExterior: Balcony, Gas GrillFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Other Parking: Garage Parking Other(Garage Door Opener, Keyless Entry)No CarportHas a GarageHas an Attached GarageParking Spaces: 3Parking: Attached,Concrete,Garage Door Opener
Finished Area
Finished Area (below surface): 1507 Square Feet

Days on Market

Cumulative Days on Market: 3

Property Information

Year Built
Year Built: 2016
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Georgian
Building
Construction Materials: BrickNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 490601228012000801

Price & Status

Price
List Price: $1,499,900
Status Change & Dates
Off Market Date: Sun Jun 18 2023Possession Timing: Negotiable

Location

Direction & Address
City: IndianapolisCommunity: Light's Bellevue
School Information
High School District: Indianapolis Public Schools

Building

Building Area
Building Area: 5245 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.35 acres

Miscellaneous

BasementMls Number: 21926807

Price and Tax history

DateEventPrice
Aug 21, 2023
Source: MIBOR as distributed by MLS GRID #21926807
Sold
$1,550,000
Jun 19, 2023
Source: MIBOR as distributed by MLS GRID #21926807
Pending
$1,499,900
Jun 16, 2023
Source: MIBOR as distributed by MLS GRID #21926807
Listed For Sale
$1,499,900
May 29, 2018
Source: MIBOR as distributed by MLS GRID #21552739
Sold
$1,240,000
Mar 23, 2018
Source: Agent Provided
Pending
$1,189,000

Market trends in Indianapolis

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$257K
$6.7KMoM
Sale-to-List Price
99.7%
0.1%MoM
Price per sq ft
$145
$1MoM
Available listings
4241
187MoM

Around this home

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

Neighborhood Overview

Meridian Kessler
See Local Highlights
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. "
    0
    Flag
  • Trulia User
    "The school down the road has a French festival and the state fair grounds has events all year around."
    0
    Flag
  • 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."
    0
    Flag
  • Trulia User
    "I drive my car. I take Meridian St. north to my workplace in Carmel. It is a short 15 minute drive. "
    0
    Flag
  • 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. "
    0
    Flag
  • 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 "
    0
    Flag
  • 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."
    0
    Flag
  • Meredithangner
    "Amazing neighborhood. Really can’t find a better place to live in Indy! Safe, friendly and beautiful. Plus walk to school"
    0
    Flag
  • Karla
    "Saint Joan of Arc festival and Sausage Festival are great! Jazz fest at jazz kitchen is one of my favorite weekends."
    2
    Flag
  • Juliet M.
    "Lots of families. Lots of pets, good sidewalks, shops, restaurants. We really like living here. Never had an issue with feeling uncomfortable "
    0
    Flag
  • Jesse.kurth
    "Zone 2 of Meridian Kessler East of College is quiet, void of crime, larger than average homes and invested home owners."
    1
    Flag
  • 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. "
    1
    Flag
  • 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."
    0
    Flag
  • 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. "
    0
    Flag
  • 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. "
    0
    Flag
  • Jordan H.
    "A great place to live, go out, exercise, and enjoy your neighbors. Perfect location in Indianapolis."
    0
    Flag
  • Caitlyn R.
    "Safe neighborhood but definitely street by street. Fast driving cars near college. A lot of traffic. "
    0
    Flag
  • 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."
    0
    Flag
  • Kyfoster
    "good area and nice people. great local food and shops. dog friendly and parks are close by. low crime rate"
    0
    Flag
  • Gabriel H.
    "Friendly, diverse neighborhood; fairly pedestrian friendly; Monon Trail should be considered a national treasure. "
    0
    Flag
  • 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!"
    0
    Flag
  • Kyfoster
    "walkable to fun stores and restaurants. trendy and active area. homes with character and charm make the area interesting"
    0
    Flag
  • 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! "
    0
    Flag
  • 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."
    0
    Flag
  • 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"
    0
    Flag
  • 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. "
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-15 13:38:22 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 506 E 57th St

  • What is 506 E 57th St estimated to be worth?
    Trulia's estimated value for 506 E 57th St in Indianapolis, IN is $1,668,200.
  • What is the price history for 506 E 57th St?
    506 E 57th St in Indianapolis, IN last sold for $1,550,000 in August 2023.
  • 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 $257K. That is up $6.7K from the prior month.
  • Does 506 E 57th St have air conditioning?
    Yes, 506 E 57th St in Indianapolis, IN has air conditioning.
  • Does 506 E 57th St have laundry facilities?
    Yes, 506 E 57th St in Indianapolis, IN has in-unit laundry.

Explore by feature - Pet Friendly

1524 pet-friendly rentals in Indianapolis, IN

Explore by feature - Garage

721 rentals with a garage in Indianapolis, IN

Explore by feature - Air Conditioning

1334 rentals with air conditioning in Indianapolis, IN

Explore by feature - Pool

371 rentals with a pool in Indianapolis, IN

Explore by feature - Washer/dryer

1126 rentals with a washer/dryer in Indianapolis, IN

Explore by feature - Outdoor Space

401 rentals with an outdoor space in Indianapolis, IN

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 506 E 57th St

Skip to last item
Skip to first item

Homes for sale near 506 E 57th St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item