723 E 54th St, Indianapolis, IN 46220
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Property image
OFF MARKET

723 E 54th St
Indianapolis, IN 46220

Meridian Kessler
  • 1 Bed
  • 1 Bath
  • 880 sqft

$284,800

Trulia Estimate
as of Jul 5, 2026
Est. Refi. Payment $1,734/mo*
Refinance Your Home

$284,800

Trulia Estimate
as of Jul 5, 2026
Est. Refi. Payment $1,734/mo*
Refinance Your Home
1 Bed
1 Bath
880 sqft

Local Information

  • Map ViewExplore the area around 723 E 54th St.
  • Schools3 Preschool Schools4 Elementary Schools1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Urban Charm Meets Modern Comfort at 54th & CollegeExperience the perfect blend of historic character and contemporary updates in this stunning 1-bedroom, 1-bathroom duplex unit. Located in the heart of one of Indianapolis's most walkable and vibrant corridors, this home offers an unrivaled lifestyle just steps from the city's best amenities.The InteriorStep inside to find a space that radiates warmth and style, featuring:Refinished Original Hardwoods: Beautifully restored flooring that maintains the home's soulful, historic integrity.Updated Kitchen: A modern culinary space equipped with sleek finishes, perfect for home chefs.Thoughtful Storage: Ample closet space throughout the unit, complemented by charming original built-ins for display and organization.Modern Bath: A clean, updated bathroom featuring a convenient stand-up shower.Lifestyle & ConvenienceThis property isn't just a place to live; it's a gateway to the best of Indy:The Ultimate Location: Literally across the street from Fresh Market, making grocery runs effortless. You are also seconds away from the top-tier dining and nightlife that 54th Street and College Avenue are famous for.Outdoor Living: Relax on your private covered front porch, perfect for morning coffee or evening people-watching.Basement & Laundry: A massive unfinished basement provides incredible storage solutions and includes a dedicated laundry area.Parking & Climate: Enjoy the peace of mind of off-street parking behind the home and stay comfortable year-round with Central AC.Property Note: This unit is ideal for those seeking a high-walkability lifestyle without sacrificing the storage and privacy of a traditional home.
723 E 54th St, Indianapolis, IN 46220 is a 1 bedroom, 1 bathroom, 880 sqft single-family home in Meridian Kessler, built in 1925. It last sold for $105,000 on May 30, 2014 (7,977% above the $1,300 asking price). More recently, it was listed as a rental in February 2026 with an asking price of $1,300 per month. That rental listing was removed on March 6, 2026. It is currently off market. The Trulia Estimate is $284,800, with a rent estimate of $1,451/month.

Home Highlights

Parking
1 Parking Spaces
Outdoor
No Info
A/C
Cooling only
HOA
None
Price/Sqft
No Info
Listed
129 days ago

Home Details for 723 E 54th St

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DishwasherDisposalDryerRefrigeratorWasher
Heating & Cooling
Air ConditioningCooling System: Central Air
Levels, Entrance, & Accessibility
Floors: Hardwood, Tile

Exterior Features

Exterior Home Features
Lawn
Parking & Garage
Parking Space: 1

Price History for 723 E 54th St

DatePriceEventSource
03/06/2026$1,300ListingRemovedZillow Rentals
02/27/2026$1,300Listed For RentZillow Rentals
04/13/2023ListingRemovedZillow Rentals
04/05/2023$2,000Listed For RentZillow Rentals
12/06/2020$875ListingRemovedAgent Provided
12/06/2020$875PriceChange
Agent Provided
11/30/2020$925Listed For RentAgent Provided
05/30/2014$105,000Sold
N/A

Market trends in Meridian Kessler

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$498K
$31.33KMoM
Sale-to-List Price
99.9%
Price per sq ft
$181
$1MoM
Available listings
64
2MoM
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Property Tax and Assessment

Year2025
Tax$5,285
Assessment$244,300
Home facts updated by county records

Comparable Sales for 723 E 54th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5348 N College Ave, Indianapolis, IN
0.08
Single-Family Home
$293,000
06/22/26
2
1
1,538
5608 Carrollton Ave, Indianapolis, IN
0.26
Single-Family Home
$200,000
12/18/25
2
1
1,722
5442 N College Ave, Indianapolis, IN
0.12
Single-Family Home
$284,500
10/30/25
3
2
2,244
5338 Broadway St, Indianapolis, IN
0.14
Single-Family Home
$352,500
06/08/26
2
1
1,965
5420 Guilford Ave, Indianapolis, IN
0.11
Single-Family Home
$455,000
06/11/26
2
1
2,240
524 E 53rd St, Indianapolis, IN
0.25
Single-Family Home
$341,000
04/15/26
2
1
1,917
5244 Carrollton Ave, Indianapolis, IN
0.18
Single-Family Home
$380,000
06/24/26
2
1
2,376
5321 Carrollton Ave, Indianapolis, IN
0.11
Single-Family Home
$315,000
04/27/26
2
2
1,782
1122 E 56th St, Indianapolis, IN
0.43
Single-Family Home
$290,000
10/29/25
3
1
1,056
5527 Carrollton Ave, Indianapolis, IN
0.19
Single-Family Home
$393,500
04/16/26
2
2
1,404

Nearby homes

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Assigned Schools

These are the assigned schools for 723 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
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
    "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
    "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
    "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
    Flag
  • Trulia User
    "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
    "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
    Flag
  • J J. O.
    "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
    "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
    "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
    "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.
    "Lots of families. Lots of pets, good sidewalks, shops, restaurants. We really like living here. Never had an issue with feeling uncomfortable "
    0
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  • Jesse.kurth
    "Zone 2 of Meridian Kessler East of College is quiet, void of crime, larger than average homes and invested home owners."
    1
    Flag
  • Mbc3muller
    "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.
    "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.
    "Close to everything. Clean. Diverse. Is in a safe bubble. Loving neighbors. A million parks near by. Ideal to raise a child here. "
    0
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  • Kyfoster
    "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
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  • Jordan H.
    "A great place to live, go out, exercise, and enjoy your neighbors. Perfect location in Indianapolis."
    0
    Flag
  • Caitlyn R.
    "Safe neighborhood but definitely street by street. Fast driving cars near college. A lot of traffic. "
    0
    Flag
  • Jesse k.
    "The yards in this neighborhood typically aren't huge but we're close to the Monon trail, so a great place for walks."
    0
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  • Kyfoster
    "good area and nice people. great local food and shops. dog friendly and parks are close by. low crime rate"
    0
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  • Gabriel H.
    "Friendly, diverse neighborhood; fairly pedestrian friendly; Monon Trail should be considered a national treasure. "
    0
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  • Ktspitler
    "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
    "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.
    "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
    "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."
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  • lbisser
    "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
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  • pacificsky71
    "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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Homes for sale near 723 E 54th St

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Off Market Homes Near 723 E 54th St

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