657 E  Merrill St, Indianapolis, IN 46203
SOLD
MAY 27, 2026

$695,400

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 2,620 sqft

657 E Merrill St, Indianapolis, IN 46203

Downtown
Est. Refi. Payment $4,225/mo*
Refinance Your Home
Currently Off Market - Sold May 27, 2026 for $695,000

Home Value

Trulia Estimate
$695K
Since last month
Decreased$2K (-0.2%)
Since last year
Increased$72K (+11.5%)
Since last sale
Increased$2K (+0.2%)
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 +67% in the last 10 years
MonthEstimated value
2026
August 2026$697K
August 2026$696K
July 2026$698K
June 2026$697K
May 2026$695K
April 2026$690K
March 2026$691K
February 2026$622K
January 2026$614K
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
0.13
Condo
$700,000
12/15/25
3
2.5
2,080
0.15
Condo
$480,000
08/28/26
3
2.5
1,938
0.13
Condo
$520,000
01/15/26
3
2
1,939
0.13
Condo
$520,000
08/12/26
3
2
1,814
0.15
Condo
$395,000
09/03/26
2
2.5
2,014
0.15
Condo
$325,000
09/15/25
2
1.5
1,896
0.15
Condo
$360,000
06/05/26
2
2
1,716

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
0.04
$298,700
2
1.5
1,624
Off Market
0.02
-
4
4
-
Off Market
0.09
$424,500
3
2
1,873
Off Market
0.02
$729,800
4
3.5
3,068
Off Market
0.03
$320,500
2
1
1,626
Off Market
0.04
$835,300
4
3.5
3,825
Off Market
0.03
$808,000
4
3.5
3,135
Off Market
0.04
$243,300
2
1
2,201
Off Market
0.11
$285,100
2
1
2,040
Off Market
0.05
$287,400
3
1
1,240
Off Market
0.06
$537,800
5
2.5
3,239
Off Market

Local Information

  • Map ViewExplore the area around 657 E Merrill St.
  • Schools7 Preschool Schools11 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Condo
Built in 2004
2,620 sqft
$265/sqft
2 Car Garage
HOA $395/mo

About this House

Welcome to this stunning 3 bed, 3 bath downtown Indy Condo with pull in 2 car private garage! This luxury condo features a modern design with high-end custom architectural features, lux wood ceiling and wall panels, 9 foot ceilings on the main and 3rd level. Enjoy the updated gourmet kitchen with its massive island with beautiful quartz countertops offering an abundant space for prep and entertaining. You will relish the high-end smart appliances, custom cabinetry, coffee bar, wine fridge and pantry for ample storage space. Directly off the kitchen, step out to your open deck with automatic opening awning cover, perfect for outdoor dining and entertaining. The open dining and living room with the wall of window glass and gas fireplace add an airy, light and dramatic feel to the space. New custom automatic shades provide privacy when wanted. The primary suite is a true oasis, w/ gas fireplace, private balcony, large custom walk-in closet with additional overhead storage, and a walk-in shower in the bathroom. The 2nd bedroom with ensuite bathroom is just down the hall. The laundry with its included washer and dryer are on the same level as the primary and 2nd bedrooms. Let's not forget the 3rd guest bedroom and guest full bathroom on the 1st level and the family room currently being used for tv viewing, would also make for the perfect workout space. From there enter your private 2 car garage that backs out to the condo owners only drive with additional owner and guest parking. Dual HVAC systems replaced in 2018 provide year round comfort. This luxury condo awaits those looking for a convenient prime downtown space, walkable to Eli Lilly, Lucas Oil Stadium, Gainbridge Fieldhouse, the Cultural Trail, Bluebeard, Milktooth and much more!
657 E Merrill St, Indianapolis, IN 46203 is a 3 bedroom, 3 bathroom, 2,620 sqft condo in Downtown, built in 2004. It last sold for the $695,000 asking price on May 27, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $695,400, with a rent estimate of $4,436/month.
Last check for updates: about 2 hours ago
Listed by Donald Kuroiwa
Trueblood Real Estate
Bought with: Kara DeArman, F.C. Tucker Company
Co-Buyer's Agent: Emily Silveus, (317) 408-1895, F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID, MLS#22090050

Home Details for 657 E Merrill St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 12Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Family Room, Great Room, Kitchen, Laundry, Utility Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 3Number of Bathrooms (full): 3Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2620 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Humidifier, MicroHood, Gas Oven, Refrigerator, Bar Fridge, Tankless Water Heater, Washer, Water Softener OwnedDishwasherDisposalDryerLaundry: Laundry Room,Upper LevelRefrigeratorWasher
Heating & Cooling
Heating: Zoned,Forced Air,Natural GasHas CoolingAir Conditioning: Central Air,DualHas HeatingHeating Fuel: Zoned
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Bedroom, Gas Log, Great RoomHas a Fireplace
Gas & Electric
Electric: 200+ Amp ServiceHas Electric on Property
Windows, Doors, Floors & Walls
Window: WoodWorkStain/PaintedFlooring: HardwoodCommon Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Levels: Three Or MoreEntry Location: Building Private Entry, Ground LevelFloors: Hardwood

Exterior Features

Exterior Home Features
Patio / Porch: Covered, Deck, PorchExterior: Balcony, Lighting, Smart Lock(s)Foundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Parking Other(Keyless Entry)No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 5

Property Information

Year Built
Year Built: 2004
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, CondominiumArchitecture: Contemporary
Building
Construction Materials: Cement Siding, StoneNot a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 491101218011002101

Price & Status

Price
List Price: $695,000Price Per Sqft: $265/sqft
Status Change & Dates
Off Market Date: Wed Apr 01 2026Possession Timing: Negotiable

Location

Direction & Address
City: IndianapolisCommunity: Merrill
School Information
Jr High / Middle School: Daniel Webster School 46High School: Arsenal Technical High SchoolHigh School District: Indianapolis Public Schools

Agent Information

Buyer Agent
Buyer Company Name: DeArman Property Group

Building

Building Area
Building Area: 2620 Square Feet

HOA

HOA Fee Includes: Association Home Owners, Insurance, Maintenance Structure, Snow Removal, TrashHas an HOAHOA Fee: $1,185/Quarterly

Lot Information

Lot Area: 2613.6 sqft

Miscellaneous

Mls Number: 22090050

Price and Tax history

DateEventPrice
May 27, 2026
Source: MIBOR as distributed by MLS GRID #22090050
Sold
$695,000
Apr 2, 2026
Source: MIBOR as distributed by MLS GRID #22090050
Pending
$695,000
Mar 28, 2026
Source: MIBOR as distributed by MLS GRID #22090050
Listed For Sale
$695,000
Jun 7, 2023
Source: MIBOR as distributed by MLS GRID #21916211
Sold
$630,000
Apr 28, 2023
Source: MIBOR as distributed by MLS GRID #21916211
Pending
$650,000

Market trends in Downtown

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$387K
Sale-to-List Price
โ€”
Price per sq ft
$238
Available listings
140
7
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 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"
  • Trulia User
    "They would like that itโ€™s close to central downtown but wouldnโ€™t like the neighborhood and that thereโ€™s not enough living space for dogs and their owners "
  • Trulia User
    "Great place to live. Fantastic atmosphere. Pleasant neighborhoods with lively character. I fully recommend living here."
  • 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. "
  • Trulia User
    "everyone tries to look out for each other and the area is a really great area for schools and hang outs"
  • 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"
  • Amanda
    "No dog parks. Most dogs in the green spaces are without a leash. Problematic for children and smaller dogs. "
  • 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."
  • Katrina K.
    "It is a great neighborhood with a beautiful cultural trail. Close grocery stores and great spaces to hangout "
  • Nicci T.
    "This neighborhood is unique because Its convenient. And itโ€™s right in the middle of everything . Itโ€™s a nice place to live "
  • Theschraws
    "This is a dog friendly city however at the Lux dogs are not allowed . The axis has a dog friendly atmosphere and itโ€™s own dog park! "
  • Katherineonigiri
    "Great walking and biking to downtown jobs. On cultural trail with bike share available. Easy highway access. "
  • 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"
  • Kathleen B.
    "love this neighborhood. been here almost two years. friendly enough. folks walking their dogs. not great regarding parking tho."
  • E0
    "Very few families live in my neighborhood . Itโ€™s great for single people and pet owners and the walk ability is great "
  • 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."
  • 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. "
  • Kiarahparker84
    "Living downtown is fun, exciting, and there is ALWAYS something to doโ€ผ 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 ๐Ÿ˜Š I'M A CITY GIRLโ€ผโ€ผ๐Ÿข๐Ÿฆ๐Ÿจโ›ช๐Ÿ›๐Ÿ™๐ŸŒƒ"
  • Kathleenlbluestein
    "great area for fireworks๐ŸŽ† see lots of folks with their pets walking, jogging thru town. great bus services, on great schedule. easy commute."
  • 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. "
  • Kathleen B.
    "basically stay. safe. you never know what's going on. this neighborhood is fairly safe. its pretty cool."
  • 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 "
  • Merriam A.
    "Art Squared. Fountain square music festival. First Friday art shows. Real Talk. Chreece. Pioneer Dj nights. "
  • Jamie C.
    "Love living downtown however need more conveniences, parking is at a premium and having guests in almost impossible."
  • Mas3cf
    "Amazing location, lots of cool historic homes. Convenient to lots of great restaurants, major centers of employment, and interstates."

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-10 10:08:10 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 657 E Merrill St

  • What is 657 E Merrill St estimated to be worth?
    Trulia's estimated value for 657 E Merrill St in Indianapolis, IN is $695,400.
  • What is the price history for 657 E Merrill St?
    657 E Merrill St in Indianapolis, IN last sold for $695,000 in May 2026.
  • 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 657 E Merrill St have air conditioning?
    Yes, 657 E Merrill St in Indianapolis, IN has air conditioning.
  • Does 657 E Merrill St have laundry facilities?
    Yes, 657 E Merrill St in Indianapolis, IN has in-unit laundry.

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