535 E Merrill St, Indianapolis, IN 46203
Property image
Property image
OFF MARKET

$287,400

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,240 sqft

535 E Merrill St, Indianapolis, IN 46203

Downtown
Est. Refi. Payment $1,787/mo*
Refinance Your Home
Currently Off Market - Sold Apr 16, 2025 for $285,000

Home Value

Trulia Estimate
$287K
Since last month
Decreased$2K (-0.6%)
Since last year
Increased$1K (+0.5%)
Since last sale
Increased$4K (+1.4%)
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 +109% in the last 10 years
MonthEstimated value
2026
August 2026$289K
August 2026$287K
July 2026$291K
June 2026$290K
May 2026$287K
April 2026$287K
March 2026$292K
February 2026$296K
January 2026$288K
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
717 S Noble St, Indianapolis, IN
0.15
Single-Family Home
$290,000
04/17/26
2
1
1,939
719 E McCarty St, Indianapolis, IN
0.21
Single-Family Home
$373,000
11/04/25
3
2
2,208
1016 Lexington Ave, Indianapolis, IN
0.46
Single-Family Home
$245,000
06/05/26
2
1
1,177
826 Greer St, Indianapolis, IN
0.20
Single-Family Home
$400,000
07/17/26
3
1.5
2,618
747 E McCarty St, Indianapolis, IN
0.24
Single-Family Home
$235,000
05/07/26
3
2
2,215
619 Prospect St, Indianapolis, IN
0.44
Single-Family Home
$264,000
05/27/26
3
1.5
1,564
1205 Hoyt Ave, Indianapolis, IN
0.57
Single-Family Home
$237,000
06/05/26
2
1
1,581
1034 Elm St, Indianapolis, IN
0.47
Single-Family Home
$385,000
06/05/26
3
2
1,587
836 Noble St, Indianapolis, IN
0.23
Single-Family Home
$317,500
11/24/25
1
1.5
1,540

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
546 E Merrill St, Indianapolis, IN 46203
0.03
$298,700
2
1.5
1,624
Off Market
545 E Merrill St, Indianapolis, IN 46203
0.02
$320,500
2
1
1,626
Off Market
601 E Merrill St, Indianapolis, IN 46203
0.03
-
4
4
-
Off Market
541 E Merrill St, Indianapolis, IN 46203
0.01
$243,300
2
1
2,201
Off Market
529 E Merrill St, Indianapolis, IN 46203
0.01
$537,800
5
2.5
3,239
Off Market
657 E Merrill St, Indianapolis, IN 46203
0.05
$695,000
3
3
2,620
Recently Sold
612 Stevens St, Indianapolis, IN 46203
0.05
$729,800
4
3.5
3,068
Off Market
525 S East St, Indianapolis, IN 46225
0.06
$425,000
-
-
-
For Sale
616 Stevens St, Indianapolis, IN 46203
0.06
$808,000
4
3.5
3,135
Off Market
505 S East St, Indianapolis, IN 46203
0.09
$1,799,900
4
4.5
4,490
For Sale
501 S East St, Indianapolis, IN 46225
0.10
$1,832,500
4
4.5
4,490
Off Market

Local Information

  • Map ViewExplore the area around 535 E Merrill St.
  • Schools7 Preschool Schools11 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1955
1,240 sqft
$232/sqft

About this House

Popular location off East Street between Fountain Square and Downtown Indy. Nice 3 bedroom, one bath on a quiet street, perfect for for single family ownership or investor consideration. All appliances remain, parking pad in back off alley could also be a great spot for a new garage or garage/carriage house above. Nice small back patio and yard.
535 E Merrill St, Indianapolis, IN 46203 is a 3 bedroom, 1 bathroom, 1,240 sqft single-family home in Downtown, built in 1955. It last sold for $285,000 on Apr 16, 2025 (5% below the $299,900 asking price). More recently, it was listed as a rental in January 2023 with an asking price of $1,725 per month. That rental listing was removed on February 13, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $287,400, with a rent estimate of $1,640/month.
Last check for updates: about 6 hours ago
Listed by Tom McNulty, (317) 507-0688
McNulty Real Estate Services,
Pat McNulty
McNulty Real Estate Services,
Bought with: Jim Abner, (317) 716-5044, eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#21999666

Home Details for 535 E Merrill St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Partial,UnfinishedNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Breakfast Room, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1240 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Disposal, Kitchen Exhaust, Microwave, Gas Oven, Refrigerator, WasherDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Patio / Porch: Covered, PatioFoundation: Block
Parking & Garage
No Garage
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 200

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 491112218021000101

Price & Status

Price
List Price: $299,900
Status Change & Dates
Off Market Date: Mon Mar 24 2025Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: Coffmans
School Information
High School District: Indianapolis Public Schools

Agent Information

Buyer Agent
Buyer Company Name: The Abner Group

Building

Building Area
Building Area: 1240 Square Feet

HOA

No HOA

Lot Information

Lot Area: 3920.4 sqft

Miscellaneous

BasementMls Number: 21999666Attic: Access Only

Price and Tax history

DateEventPrice
Apr 16, 2025
Source: MIBOR as distributed by MLS GRID #21999666
Sold
$285,000
Mar 25, 2025
Source: MIBOR as distributed by MLS GRID #21999666
Pending
$299,900
Feb 28, 2025
Source: MIBOR as distributed by MLS GRID #21999666
PriceChange
$299,900
Price decreased by 5%
Dec 10, 2024
Source: MIBOR as distributed by MLS GRID #21999666
PriceChange
$314,900
Price decreased by 3%
Oct 28, 2024
Source: MIBOR as distributed by MLS GRID #21999666
PriceChange
$324,900
Price decreased by 4%

Market trends in Downtown

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$387K
Sale-to-List Price
—
Price per sq ft
$238
Available listings
140
7MoM

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

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

What Locals Say about Downtown

At least 196 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 87 % Say there are sidewalks

  • 83 % Say it's walkable to restaurants

  • 78 % Say streets are well-lit

  • 75 % Say it's walkable to grocery stores

  • 70 % Say parking is easy

  • 66 % Say there's holiday spirit

  • 65 % Say people would walk alone at night

  • 64 % Say car is needed

  • 48 % Say yards are well-kept

  • 46 % Say neighbors are friendly

  • 44 % Say they plan to stay for at least 5 years

  • 34 % Say there are community events

  • 34 % Say it's quiet

  • 33 % Say kids play outside

  • 24 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Wdjx6xjvkg
    "Dog parks with shaded area"
    0
    Flag
  • Trulia User
    "They would like that it’s close to central downtown but wouldn’t like the neighborhood and that there’s not enough living space for dogs and their owners "
    8
    Flag
  • Trulia User
    "Great place to live. Fantastic atmosphere. Pleasant neighborhoods with lively character. I fully recommend living here."
    1
    Flag
  • Trulia User
    "I love this neighborhood! Lots of shops, restaurants and things to do. Neighbors are very friendly and it is a very safe place. "
    1
    Flag
  • Trulia User
    "everyone tries to look out for each other and the area is a really great area for schools and hang outs"
    1
    Flag
  • Trulia User
    "Dog owners would like to walk their dogs on the canal. Dog owners are really great here. Its better to have a dog here"
    0
    Flag
  • Amanda
    "No dog parks. Most dogs in the green spaces are without a leash. Problematic for children and smaller dogs. "
    20
    Flag
  • Leslie-ann J.
    "The Red Line is front of my building and there are other bus lines that are nearby. Commuting is not an issue for the area of downtown that I live in."
    10
    Flag
  • Katrina K.
    "It is a great neighborhood with a beautiful cultural trail. Close grocery stores and great spaces to hangout "
    7
    Flag
  • Nicci T.
    "This neighborhood is unique because Its convenient. And it’s right in the middle of everything . It’s a nice place to live "
    10
    Flag
  • Theschraws
    "This is a dog friendly city however at the Lux dogs are not allowed . The axis has a dog friendly atmosphere and it’s own dog park! "
    8
    Flag
  • Katherineonigiri
    "Great walking and biking to downtown jobs. On cultural trail with bike share available. Easy highway access. "
    5
    Flag
  • Michelle S.
    "they're going to get sandwiches in our neighborhood in the area has great parks and great people I love the downtown area"
    8
    Flag
  • Kathleen B.
    "love this neighborhood. been here almost two years. friendly enough. folks walking their dogs. not great regarding parking tho."
    6
    Flag
  • E0
    "Very few families live in my neighborhood . It’s great for single people and pet owners and the walk ability is great "
    3
    Flag
  • Kathleen B.
    "I've lived here for 1 1/2yrs. its a decent neighborhood. kinda congested as far as parking. living next to the firehouse isn't too bad either. not as bad as I thought."
    6
    Flag
  • Joelly J.
    "My community is unique because the apartment buildings are built well, people are friendly, our neighborhood is very well lit, our community amenities are 24/7 including the pool and hot tub. "
    3
    Flag
  • Kiarahparker84
    "Living downtown is fun, exciting, and there is ALWAYS something to do‼ There are countless restaurants to dine in or carry out. The Canal is great and beautiful at night. The Circle Center Mall is a great place to shop. I was born and raised in Indianapolis, so I've lived pretty much all over Indy. Downtown has kept me longer than any other side of town. I LOVE MY HOMETOWN 😊 I'M A CITY GIRL‼‼🏢🏦🏨⛪🏛🏙🌃"
    3
    Flag
  • Kathleenlbluestein
    "great area for fireworks🎆 see lots of folks with their pets walking, jogging thru town. great bus services, on great schedule. easy commute."
    2
    Flag
  • Kathleen B.
    "nice neighborhood. not a lot of noise not even in the spring and summer months not crime free but not a terribly scary place to live. "
    1
    Flag
  • Kathleen B.
    "basically stay. safe. you never know what's going on. this neighborhood is fairly safe. its pretty cool."
    0
    Flag
  • Dawn M. W.
    "there is so much to do within walking distance eating shopping exploring ect and it's right on the bus line and close to the highway it's no more than a 20 minute commute no matter where you are headed "
    3
    Flag
  • Merriam A.
    "Art Squared. Fountain square music festival. First Friday art shows. Real Talk. Chreece. Pioneer Dj nights. "
    0
    Flag
  • Jamie C.
    "Love living downtown however need more conveniences, parking is at a premium and having guests in almost impossible."
    3
    Flag
  • Mas3cf
    "Amazing location, lots of cool historic homes. Convenient to lots of great restaurants, major centers of employment, and interstates."
    3
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-08 10:02:52 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 535 E Merrill St

  • What is 535 E Merrill St estimated to be worth?
    Trulia's estimated value for 535 E Merrill St in Indianapolis, IN is $287,400.
  • What is the price history for 535 E Merrill St?
    535 E Merrill St in Indianapolis, IN last sold for $285,000 in April 2025.
  • 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 $387K.
  • Does 535 E Merrill St have laundry facilities?
    Yes, 535 E Merrill St in Indianapolis, IN has in-unit laundry.
  • How big is the lot at 535 E Merrill St?
    The lot at 535 E Merrill St in Indianapolis, IN is about 0.09 acres (3,920 sq ft).

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Off Market Homes Near 535 E Merrill St

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