Is Meridian Kessler, Indianapolis, IN dog-friendly?

As of early 2026, 96% of users say it's dog friendly

Does Meridian Kessler, Indianapolis, IN have sidewalks?

As of early 2026, 94% of users say there are sidewalks

Are yards well-kept in Meridian Kessler, Indianapolis, IN?

As of early 2026, 92% of users say yards are well-kept

Is parking easy in Meridian Kessler, Indianapolis, IN?

As of early 2026, 86% of users say parking is easy

Is Meridian Kessler, Indianapolis, IN walkable to restaurants?

As of early 2026, 85% of users say it's walkable to restaurants

Does Meridian Kessler, Indianapolis, IN show holiday spirit?

As of early 2026, 83% of users say there's holiday spirit

Do kids play outside in Meridian Kessler, Indianapolis, IN?

As of early 2026, 82% of users say kids play outside

Would people walk alone at night in Meridian Kessler, Indianapolis, IN?

As of early 2026, 77% of users say people would walk alone at night

Are the streets well-lit in Meridian Kessler, Indianapolis, IN?

As of early 2026, 76% of users say streets are well-lit

Are neighbors friendly in Meridian Kessler, Indianapolis, IN?

As of early 2026, 73% of users say neighbors are friendly

Is a car needed in Meridian Kessler, Indianapolis, IN?

As of early 2026, 72% of users say car is needed

Is Meridian Kessler, Indianapolis, IN walkable to grocery stores?

As of early 2026, 68% of users say it's walkable to grocery stores

Do residents of Meridian Kessler, Indianapolis, IN plan to stay at least 5 years?

As of early 2026, 67% of users say they plan to stay for at least 5 years

Are there community events in Meridian Kessler, Indianapolis, IN?

As of early 2026, 63% of users say there are community events

Is there wildlife in Meridian Kessler, Indianapolis, IN?

As of early 2026, 51% of users say there's wildlife

Is Meridian Kessler, Indianapolis, IN quiet?

As of early 2026, 46% of users say it's quiet

FOR SALE

3D VIEW

642 E 54th St
Indianapolis, IN 46220

Meridian Kessler

6 Beds
2 Baths

$475,000

$499,000

Est. Mortgage $2,842/mo*

Get Pre-Qualified

$475,000

$499,000

Est. Mortgage $2,842/mo*

Get Pre-Qualified

6 Beds

2 Baths

Local Information

Map ViewExplore the area around 642 E 54th St.
Schools3 Preschool Schools4 Elementary Schools1 Middle School4 High Schools
Shop & Eat

-- mins to

Commute Destination

Description

Why rent when you can own a duplex in one of Indianapolis' most desirable neighborhoods and have your tenant help pay the mortgage? With just 5% down, and assuming market rents of approximately $1,800/month on the rental side, your estimated out-of-pocket housing cost could be around $1,625 per month (verify with lender)-all while owning a property, building equity, and benefiting from future appreciation. Located just off College Avenue and 54th Street in the heart of Midtown Indianapolis, this classic duplex presents a rare opportunity for house hackers, investors, and owner-occupants alike. The property combines historic character, modern updates, and exceptional walkability to some of the city's most popular restaurants, coffee shops, parks, and entertainment destinations. The 642 side has been extensively updated and features a newer HVAC system and water heater for added peace of mind. Currently leased through January at $1,725 per month, it provides immediate income with potential upside to market rents. The 644 side is vacant and move-in ready, showcasing beautiful original hardwood floors and timeless charm, making it ideal for an owner-occupant or new tenant. Additional improvements include a new roof installed in December 2024, separate entrances with double covered front porches, and private rear parking for both units. Whether you're looking to offset your housing costs through house hacking, expand your investment portfolio, or capitalize on the area's strong demand for long-term and short-term rentals, this property offers flexibility and income potential in a location that's difficult to replicate. Just minutes from Downtown Indianapolis, Broad Ripple, and major northside destinations, opportunities like this don't come around often. Own where you live, reduce your monthly housing expense, and start building wealth through real estate.

Home Highlights

Parking

No Info

Outdoor

No Info

A/C

Heating & Cooling

HOA

None

Price/Sqft

No Info

Listed

31 days ago

Home Details for 642 E 54th St

Active Status
MLS Status: Active

Interior Features
Interior Details Basement: Unfinished
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 2
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air

Exterior Features
Exterior Home Features Roof: ShingleFoundation: Block
Parking & Garage Other Parking: Unit Parking(On Street, Unpaved)No CarportNo Attached GarageParking: Assigned
Frontage Road Frontage: Street Cuts

Days on Market
Cumulative Days on Market: 21Days on Market: 31

Property Information
Year Built Year Built: 1920
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Duplex
Building Not a New Construction
Property Information Parcel Number: 490612225018000801

Price & Status
Price List Price: $475,000
Status Change & Dates Possession Timing: Close Of Escrow

Media
Virtual TourSee Virtual Tour

Location
Direction & Address City: IndianapolisCommunity: Samuel Clarks
School Information High School District: Indianapolis Public Schools

Agent Information
Listing Agent Listing ID: 22105879

Lot Information
Lot Area: 4356 sqft

Business
Expense Tenant Pays: All Utilities

Miscellaneous
BasementMls Number: 22105879

Last check for updates: about 4 hours ago

Listing Provided by: Daniel Hubbard

eXp Realty LLC

Alex Montagano

Source: MIBOR as distributed by MLS GRID, MLS#22105879

Also Listed on MIBOR as distributed by MLS GRID, eXp Realty.

Market trends in Meridian Kessler

Last updated May 2026

Avg. sale price

$498K

$31.33KMoM

Sale-to-List Price

99.9%

Price per sq ft

$181

$1MoM

Available listings

2MoM

Price History for 642 E 54th St

Date	Price	Event	Source
06/23/2026	$475,000	PriceChange	MIBOR as distributed by MLS GRID #22105879
Price Change $24,000 (-5%)
06/05/2026	$499,000	Listed For Sale	MIBOR as distributed by MLS GRID #22105879

02/12/2024		ListingRemoved	Zillow Rentals

01/27/2024	$1,675	PriceChange	Zillow Rentals
Price Change $200 (-11%)
01/12/2024	$1,875	PriceChange	Zillow Rentals
Price Change $275 (17%)
01/04/2024	$1,600	Listed For Rent	Zillow Rentals

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Property Tax and Assessment

Year	2025
Tax	$4,974
Assessment	$213,400

Home facts updated by county records

Comparable Sales for 642 E 54th St

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
728 E 55th St, Indianapolis, IN	0.16	Multi-Family Home	$315,000	04/13/26	2	2	-
5549 N College Ave, Indianapolis, IN	0.18	Multi-Family Home	$479,000	12/01/25	6	2	-
5136 Broadway St, Indianapolis, IN	0.37	Multi-Family Home	$559,900	07/21/25	6	4	-
4746 Broadway St, Indianapolis, IN	0.68	Multi-Family Home	$575,000	07/01/26	7	4	-
40-42 W 56th St, Indianapolis, IN	0.67	Multi-Family Home	$575,000	08/15/25	4	2	-
4901 Central Ave, Indianapolis, IN	0.59	Multi-Family Home	$472,000	07/01/26	6	4	-
4409 N College Ave, Indianapolis, IN	1.03	Multi-Family Home	$350,000	10/03/25	6	2	-
4325 N College Ave, Indianapolis, IN	1.13	Multi-Family Home	$460,000	06/15/26	6	4	-
4652 N Kenwood Ave, Indianapolis, IN	1.03	Multi-Family Home	$500,000	12/12/25	5	4	-

Nearby homes

Get a sense of prices in the area by checking nearby homes.

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Skip to first item

Additional Cost

Assigned Schools

These are the assigned schools for 642 E 54th St.

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

53 Homes For You
Buy: $55k - $1.4m

See Local Highlights

Neighborhood stats provided by third party data sources.

What Locals Say about Meridian Kessler

At least 73 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
83 % Say there's holiday spirit
82 % Say kids play outside
77 % Say people would walk alone at night
76 % Say streets are well-lit
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
Resident
3y ago
"cool people cool stuff. biscuits and gravy car club Saturdays. farmers market is pretty 😎 and the park is one of a kind. "
0
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Trulia User
Resident
3y ago
"The school down the road has a French festival and the state fair grounds has events all year around."
0
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Trulia User
Resident
4y ago
"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
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Trulia User
Resident
4y ago
"I drive my car. I take Meridian St. north to my workplace in Carmel. It is a short 15 minute drive. "
0
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Trulia User
Resident
4y ago
"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
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J J. O.
Resident
6y ago
"it's a dog friendly neighborhood. Dog's are well maintained and so are the lawns owners have control over their pets "
0
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Ratay.torrey
Resident
6y ago
"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
Resident
6y ago
"Amazing neighborhood. Really can’t find a better place to live in Indy! Safe, friendly and beautiful. Plus walk to school"
0
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Karla
Resident
6y ago
"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.
Resident
6y ago
"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
Resident
6y ago
"Zone 2 of Meridian Kessler East of College is quiet, void of crime, larger than average homes and invested home owners."
1
Flag
Mbc3muller
Resident
6y ago
"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.
Resident
6y ago
"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.
Resident
7y ago
"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
Resident
7y ago
"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.
Resident
7y ago
"A great place to live, go out, exercise, and enjoy your neighbors. Perfect location in Indianapolis."
0
Flag
Caitlyn R.
Resident
7y ago
"Safe neighborhood but definitely street by street. Fast driving cars near college. A lot of traffic. "
0
Flag
Jesse k.
Resident
7y ago
"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
Resident
8y ago
"good area and nice people. great local food and shops. dog friendly and parks are close by. low crime rate"
0
Flag
Gabriel H.
Resident
8y ago
"Friendly, diverse neighborhood; fairly pedestrian friendly; Monon Trail should be considered a national treasure. "
0
Flag
Ktspitler
Resident
8y ago
"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
Resident
8y ago
"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.
12y ago
"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
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Mary
12y ago
"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
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lbisser
12y ago
"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
12y ago
"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

Daniel Hubbard, eXp Realty LLC

Based on information submitted to the MLS GRID as of 2026-07-06 18:28:12 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

642 E 54th St, Indianapolis, IN 46220 is a 6 bedroom, 2 bathroom multi-family built in 1920. 642 E 54th St is located in Meridian Kessler, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jun 5, 2026. The MLS # for this home is MLS# 22105879.

642 E 54th St
Indianapolis, IN 46220

$475,000

$475,000

Local Information