722 E 48th St
Indianapolis, IN 46205
Meridian Kessler- 3 Beds
- 2 Baths
- 1,358 sqft
3 Beds
2 Baths
1,358 sqft
Home Value
Trulia Estimate
$379KSince last month
Decreased$14K (-3.7%)Since last year
Decreased$13K (-3.4%)Since last sale
Increased$306K (+463.8%)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 +90% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $372K |
| July 2026 | $386K |
| June 2026 | $384K |
| May 2026 | $375K |
| April 2026 | $369K |
| March 2026 | $369K |
| February 2026 | $359K |
| January 2026 | $354K |
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 | Single-Family Home | $285,200 | 01/05/26 | 3 | 2 | 1,517 | |
0.21 | Single-Family Home | $313,500 | 01/27/26 | 3 | 2 | 1,659 | |
0.27 | Single-Family Home | $275,000 | 05/20/26 | 3 | 1.5 | 1,650 | |
0.06 | Single-Family Home | $375,000 | 10/21/25 | 3 | 3 | 2,123 | |
0.17 | Single-Family Home | $217,000 | 04/01/26 | 3 | 2 | 1,536 | |
0.19 | Single-Family Home | $415,000 | 02/13/26 | 3 | 1.5 | 2,334 | |
0.13 | Single-Family Home | $231,100 | 09/03/25 | 4 | 2.5 | 1,873 | |
0.07 | Single-Family Home | $525,000 | 06/15/26 | 3 | 2.5 | 2,201 | |
0.21 | Single-Family Home | $425,000 | 03/19/26 | 3 | 2 | 2,225 | |
0.17 | Single-Family Home | $200,000 | 08/03/26 | 3 | 1 | 2,130 |
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 | $503,100 | 4 | 3 | 2,668 | Off Market | |
0.04 | $428,700 | 6 | 2 | - | Off Market | |
0.07 | $371,100 | 4 | 2 | - | Off Market | |
0.02 | $388,400 | 2 | 1 | 2,581 | Off Market | |
0.09 | $255,000 | 2 | 1 | 1,473 | For Sale | |
0.03 | $438,500 | 3 | 2 | 2,952 | Off Market | |
0.09 | $365,300 | 2 | 1.5 | 1,616 | Off Market | |
0.07 | $475,000 | 6 | 4 | - | For Sale | |
0.06 | $398,800 | 3 | 3 | 2,123 | Off Market | |
0.06 | $405,500 | 2 | 1.5 | 2,476 | Off Market | |
0.05 | $587,600 | 3 | 2 | 3,764 | Off Market | |
0.05 | $303,253 | 2 | 1 | 1,606 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1930
Living Area
1,358 sqft
Price/Sqft
$279
About this House
**PRICE RUDUCED**
This is truly a one of a kind home. It features a modern updated kitchen with Samsung Stainless steal appliances, eat-in kitchen bar & custom cabinetry. The downstairs has built-in cabinets and refinished original hardwood floors. You have a large front covered porch as well as off street assigned parking with a back entrance. The master bedroom features a separate sitting area with ample light. Ready for a Middle of September Move In! Pets Welcome! $50.00 Application Fee per Adult. To set up a showing, call 317900-4161.
Rental Terms: Rent: $1,200, Application Fee: $50, Security Deposit: $1,200, Available 9/26/18
Pet Policy: Cats allowed, Dogs allowed This property allows self guided viewing without an appointment. Contact for details.
This is truly a one of a kind home. It features a modern updated kitchen with Samsung Stainless steal appliances, eat-in kitchen bar & custom cabinetry. The downstairs has built-in cabinets and refinished original hardwood floors. You have a large front covered porch as well as off street assigned parking with a back entrance. The master bedroom features a separate sitting area with ample light. Ready for a Middle of September Move In! Pets Welcome! $50.00 Application Fee per Adult. To set up a showing, call 317900-4161.
Rental Terms: Rent: $1,200, Application Fee: $50, Security Deposit: $1,200, Available 9/26/18
Pet Policy: Cats allowed, Dogs allowed This property allows self guided viewing without an appointment. Contact for details.
722 E 48th St, Indianapolis, IN 46205 is a 3 bedroom, 2 bathroom, 1,358 sqft single-family home in Meridian Kessler, built in 1930. It last sold for $66,000 on Apr 3, 2009. More recently, it was listed as a rental in August 2018 with an asking price of $1,225 per month. That rental listing was removed on October 15, 2018. It is currently off market. The Trulia Estimate is $379,000, with a rent estimate of $1,784/month.
Home Details for 722 E 48th St
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Heating & Cooling Heating: Forced AirAir ConditioningHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2 |
Interior Details Number of Rooms: 6Types of Rooms: Recreation Room |
Appliances & Utilities DishwasherDryerWasher |
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Exterior Home Features Roof: AsphaltFoundation Type: Crawl Raised |
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Year Built Year Built: 1930Year Updated: 1952 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 2 |
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Lot Area: 5919 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 15, 2018 Source: Agent Provided | ListingRemoved | $1,150 |
Oct 2, 2018 Source: Agent Provided | PriceChange | $1,150 Price decreased by 4% |
Sep 11, 2018 Source: Agent Provided | PriceChange | $1,200 Price decreased by 1% |
Aug 27, 2018 Source: Agent Provided | PriceChange | $1,215 Price decreased by 1% |
Aug 9, 2018 Source: Agent Provided | Listed For Rent | $1,225 |
Jul 20, 2017 Source: Agent Provided | ListingRemoved | $1,200 |
Jul 14, 2017 Source: Agent Provided | Listed For Rent | $1,200 |
Apr 3, 2009 Source: MIBOR as distributed by MLS GRID #2856476 | Sold | $66,000 |
Dec 11, 2008 Source: Agent Provided | ListingRemoved | $99,900 |
Dec 6, 2008 Source: Agent Provided | PriceChange | $99,900 Price decreased by 14% |
Nov 5, 2008 Source: Agent Provided | PriceChange | $115,900 Price increased by 0% |
Sep 27, 2008 Source: Agent Provided | Listed For Sale | $0 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,871 | $350,300 |
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 722 E 48th St
- What is 722 E 48th St estimated to be worth?Trulia's estimated value for 722 E 48th St in Indianapolis, IN is $379,000.
- What is the price history for 722 E 48th St?722 E 48th St in Indianapolis, IN last sold for $66,000 in April 2009.
- 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 722 E 48th St have laundry facilities?Yes, 722 E 48th St in Indianapolis, IN has in-unit laundry.
- How big is the lot at 722 E 48th St?The lot at 722 E 48th St in Indianapolis, IN is about 0.14 acres (5,919 sq ft).

