516 E 54th St, Indianapolis, IN 46220
Property image
Property image
OFF MARKET

$591,100

Trulia Estimate
  • 5 Beds
  • 4.5 Baths
  • 2,240 sqft (on 0.26 acres)

516 E 54th St, Indianapolis, IN 46220

Meridian Kessler
Est. Refi. Payment $3,713/mo*
Refinance Your Home
Currently Off Market - Sold Apr 12, 2012 for $189,249

Home Value

Trulia Estimate
$591K
Since last month
Increased$5K (+0.9%)
Since last year
Increased$18K (+3.1%)
Since last sale
Increased$418K (+221.1%)
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 +58% in the last 10 years
MonthEstimated value
2026
September 2026$608K
August 2026$597K
July 2026$603K
June 2026$618K
May 2026$642K
April 2026$650K
March 2026$617K
February 2026$605K
January 2026$569K
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
5416 Central Ave, Indianapolis, IN
0.05
Single-Family Home
$760,000
10/09/25
3
2.5
3,078
5433 Broadway St, Indianapolis, IN
0.11
Single-Family Home
$450,000
10/06/25
3
2
3,196
5406 Broadway St, Indianapolis, IN
0.07
Single-Family Home
$375,000
07/20/26
3
1.5
2,018
5319 N New Jersey St, Indianapolis, IN
0.14
Single-Family Home
$530,000
04/17/26
4
1.5
3,012
5421 N Washington Blvd, Indianapolis, IN
0.14
Single-Family Home
$849,150
12/17/25
4
2.5
3,569
5303 Broadway St, Indianapolis, IN
0.21
Single-Family Home
$677,000
06/15/26
4
4
3,115
5324 N Park Ave, Indianapolis, IN
0.12
Single-Family Home
$789,000
09/18/25
4
2.5
3,680
5365 N Washington Blvd, Indianapolis, IN
0.15
Single-Family Home
$900,000
03/05/26
4
2.5
4,638
5442 N College Ave, Indianapolis, IN
0.18
Single-Family Home
$284,500
10/30/25
3
2
2,244
5259 Broadway St, Indianapolis, IN
0.24
Single-Family Home
$910,000
02/12/26
5
4.5
3,458

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
5373 Central Ave, Indianapolis, IN 46220
0.03
$754,200
4
2.5
3,276
Off Market
609 E 54th St, Indianapolis, IN 46220
0.07
$286,100
2
1
1,346
Off Market
5406 Broadway St, Indianapolis, IN 46220
0.07
$375,000
3
1.5
2,018
Recently Sold
5427 N Central Ave, Indianapolis, IN 46220
0.03
$698,300
4
2
2,667
Off Market
5424 N Broadway St, Indianapolis, IN 46220
0.07
$537,100
2
1.5
2,504
Off Market
5424 Broadway St, Indianapolis, IN 46220
0.07
$451,900
2
1.5
2,928
Off Market
5426 N Broadway St, Indianapolis, IN 46220
0.06
$519,300
3
2
2,444
Off Market
5337 N Central Ave, Indianapolis, IN 46220
0.09
$573,400
3
2
2,402
Off Market
5426 Broadway St, Indianapolis, IN 46220
0.07
$432,500
2
1.5
1,528
Off Market
5337 Central Ave, Indianapolis, IN 46220
0.09
$522,200
3
2
2,778
Off Market
5337 N Park Ave, Indianapolis, IN 46220
0.11
$570,500
3
2
2,421
Off Market
5356 N Central Ave, Indianapolis, IN 46220
0.07
$413,100
3
1.5
2,527
Off Market

Local Information

  • Map ViewExplore the area around 516 E 54th St.
  • Schools5 Preschool Schools9 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1926
0.26 acre lot
2,240 sqft
$264/sqft
Garage

About this House

Wood floors throughout except tile in bathrooms and kitchen. Large updated eat-in kitchen including all stainless steel appliances with large center island plus table area. Backdoor opens to mudroom/laudry room with cubbies for coats and shoes. Three bedrooms have en suite bathrooms. Two basement bedrooms each with large egress windows and closets share a full bath located in the basement. Basement also has large TV/Rec Room. House has all new (2012) Marvin Fiberglass casement windows. Outside area has large concrete patio. Garage built in 2006 is modern-size, easily fitting 2 cars with plenty of room for bikes, tools and other storage. New concrete driveway with large apron area in front of garage was installed in 2012. Lot is over one-quarter acre, which is large enough for kid's outdoor play.
516 E 54th St, Indianapolis, IN 46220 is a 5 bedroom, 5 bathroom, 2,240 sqft single-family home in Meridian Kessler, built in 1926. It last sold for $189,249 on Apr 12, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $591,100, with a rent estimate of $3,176/month.

Home Details for 516 E 54th St

Interior Features

Interior Details
BasementNumber of Rooms: 9Types of Rooms: Breakfast Nook, Dining Room, Family Room, Laundry Room, Master Bath, Mud Room
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Concrete, Hardwood
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: BrickPatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1926Year Updated: 2012
Property Type / Style
Property Type: Single Family HomeArchitecture: Craftsman

Community

Units in Building: 1

Lot Information

Lot Area: 0.26 acres

Price and Tax history

DateEventPrice
Apr 12, 2012
Source: MIBOR as distributed by MLS GRID #21163695
Sold
$189,249
Mar 5, 2012
Source: Agent Provided
Pending
$199,900
Mar 4, 2012
Source: Agent Provided
Listed For Sale
$199,900

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
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  • 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
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  • Kyfoster
    "walkable to fun stores and restaurants. trendy and active area. homes with character and charm make the area interesting"
    0
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  • 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."
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  • 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
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  • 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
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LGBTQ Local Legal Protections

Frequently asked questions about 516 E 54th St

  • What is 516 E 54th St estimated to be worth?
    Trulia's estimated value for 516 E 54th St in Indianapolis, IN is $591,100.
  • What is the price history for 516 E 54th St?
    516 E 54th St in Indianapolis, IN last sold for $189,249 in April 2012.
  • 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 516 E 54th St have air conditioning?
    Yes, 516 E 54th St in Indianapolis, IN has air conditioning.
  • Does 516 E 54th St have laundry facilities?
    Yes, 516 E 54th St in Indianapolis, IN has in-unit laundry.

Explore by feature - Pet Friendly

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