718 E 48th St
Indianapolis, IN 46205
Meridian Kessler- 3 Beds
- 2 Baths
- 1,323 sqft
3 Beds
2 Baths
1,323 sqft
Home Value
Trulia Estimate
$371KSince last month
Decreased$11K (-2.8%)Since last year
Decreased$9K (-2.4%)Since last sale
Increased$259K (+231.3%)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 +84% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $371K |
| July 2026 | $382K |
| June 2026 | $379K |
| May 2026 | $365K |
| April 2026 | $354K |
| March 2026 | $361K |
| February 2026 | $350K |
| January 2026 | $357K |
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 |
|---|---|---|---|---|---|---|---|
1.76 | Apartment | $85,000 | 02/25/26 | 1 | 1 | 544 | |
1.58 | Apartment | $850,000 | 09/29/25 | 5 | 4 | 4,500 | |
1.50 | Apartment | $1,470 | 07/06/26 | 3 | 1.5 | 1,351 | |
2.01 | Apartment | $325,000 | 03/20/26 | 3 | 1.5 | 1,400 | |
2.01 | Apartment | $287,000 | 02/26/26 | 3 | 2 | 1,300 | |
2.27 | Apartment | $255,000 | 02/24/26 | 3 | 1 | 1,322 | |
3.78 | Apartment | $115,000 | 01/22/26 | 2 | 2 | 1,216 | |
3.89 | Apartment | $103,000 | 01/08/26 | 2 | 2 | 1,216 | |
1.57 | Apartment | $225,000 | 09/10/25 | 2 | 1 | 680 | |
2.54 | Apartment | $445,000 | 04/14/26 | 1 | 1 | 1,200 |
Home facts updated by county records
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 |
|---|---|---|---|---|---|---|
0.01 | $388,400 | 2 | 1 | 2,581 | Off Market | |
0.06 | $475,000 | 6 | 4 | - | For Sale | |
0.03 | $428,700 | 6 | 2 | - | Off Market | |
0.03 | $503,100 | 4 | 3 | 2,668 | Off Market | |
0.09 | $459,600 | 3 | 2 | 2,402 | Off Market | |
0.07 | $525,000 | 3 | 2.5 | 2,201 | Recently Sold | |
0.04 | $438,500 | 3 | 2 | 2,952 | Off Market | |
0.06 | $312,100 | 2 | 1 | 2,220 | Off Market | |
0.08 | $315,000 | 3 | 1 | 2,463 | Recently Sold | |
0.10 | $373,200 | 3 | 2 | 1,974 | Off Market | |
0.06 | $303,253 | 2 | 1 | 1,606 | Recently Sold | |
0.08 | $365,300 | 2 | 1.5 | 1,616 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Apartment
Year Built
1930
Living Area
1,323 sqft
Price/Sqft
$280
About this House
This apartment is located at 718 E 48th St, Indianapolis, IN. 718 E 48th St is in the Meridian Kessler neighborhood in Indianapolis, IN and in ZIP code 46205. This property has 3 bedrooms, 2 bathrooms and approximately 1,323 sqft of floor space. This property has a lot size of 5919 sqft and was built in 1930.
718 E 48th St, Indianapolis, IN 46205 is a 3 bedroom, 2 bathroom, 1,323 sqft apartment in Meridian Kessler, built in 1930. It last sold for $112,000 on Apr 25, 2008. More recently, it was listed as a rental in May 2024 with an asking price of $1,450 per month. That rental listing was removed on July 12, 2024. It is currently off market. The Trulia Estimate is $371,100, with a rent estimate of $1,477/month.
Home Details for 718 E 48th St
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Levels, Entrance, & Accessibility Stories: 2 |
Interior Details Number of Rooms: 4 |
Appliances & Utilities DishwasherDryerRefrigeratorWasher |
Heating & Cooling Air ConditioningCooling System: Central |
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Exterior Home Features Roof: AsphaltExterior: StoneFoundation Type: Crawl Raised |
Parking & Garage Parking: On Street |
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Year Built Year Built: 1930Year Updated: 1952 |
Property Type / Style Property Type: Apartment |
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Units in Building: 2 |
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Lot Area: 5919 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 12, 2024 Source: Zillow Rentals | ListingRemoved | |
May 28, 2024 Source: Zillow Rentals | Listed For Rent | $1,450 |
May 4, 2023 Source: Zillow Rentals | ListingRemoved | |
May 2, 2023 Source: Zillow Rentals | Listed For Rent | $1,450 |
Feb 28, 2022 Source: Zillow Rental Network Premium | ListingRemoved | |
Jan 18, 2022 Source: Zillow Rental Network Premium | PriceChange | $1,350 Price decreased by 4% |
Jan 6, 2022 Source: Zillow Rental Network Premium | PriceChange | $1,400 Price decreased by 3% |
Dec 14, 2021 Source: Zillow Rental Network Premium | Listed For Rent | $1,450 |
Jun 5, 2019 Source: Agent Provided | ListingRemoved | $1,100 |
May 31, 2019 Source: Agent Provided | Listed For Rent | $1,100 |
Apr 28, 2019 Source: Agent Provided | ListingRemoved | $825 |
Apr 19, 2019 Source: Agent Provided | Listed For Rent | $825 |
Nov 17, 2011 Source: Agent Provided | ListingRemoved | $825 |
Sep 29, 2011 Source: Agent Provided | Listed For Sale | $825 |
Apr 25, 2008 Source: MIBOR as distributed by MLS GRID #2811090 | Sold | $112,000 |
Jan 30, 2008 Source: N/A | Sold | $82,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $8,028 | $354,900 |
Home facts updated by county records
Market trends in Indianapolis
Last updated July 2026
Avg. sale price
$251K
$10KMoM
Sale-to-List Price
99.6%
0.3%MoM
Price per sq ft
$145
$3MoM
Available listings
4043
154MoM
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 718 E 48th St
- What is 718 E 48th St estimated to be worth?Trulia's estimated value for 718 E 48th St in Indianapolis, IN is $371,100.
- What is the price history for 718 E 48th St?718 E 48th St in Indianapolis, IN last sold for $112,000 in April 2008.
- 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 $251K. That is up $10K from the prior month.
- Does 718 E 48th St have air conditioning?Yes, 718 E 48th St in Indianapolis, IN has air conditioning.
- Does 718 E 48th St have laundry facilities?Yes, 718 E 48th St in Indianapolis, IN has in-unit laundry.