728 E 55th St, Indianapolis, IN 46220
Property image
Property image
SOLD
APR 13, 2026

728 E 55th St
Indianapolis, IN 46220

Meridian Kessler
  • 2 Beds
  • 2 Baths

$315,000

Last Sold: Apr 13, 2026
Est. Refi. Payment $1,945/mo*
Refinance Your Home

$315,000

Last Sold: Apr 13, 2026
Est. Refi. Payment $1,945/mo*
Refinance Your Home
2 Beds
2 Baths

Local Information

  • Map ViewExplore the area around 728 E 55th St.
  • Schools3 Preschool Schools4 Elementary Schools1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1943
Parking
Garage

About this House

Excellent investment opportunity in the highly sought after Meridian Kessler! This duplex offers a 1 bedroom, 1 bath unit on each side, both currently occupied for immediate cash flow. Each unit includes a basement with washer/dryer hookups. Fantastic location just minutes from Broad Ripple. A great addition to any portfolio!
728 E 55th St, Indianapolis, IN 46220 is a 2 bedroom, 2 bathroom multi-family in Meridian Kessler, built in 1943. It last sold for the $315,000 asking price on Apr 13, 2026. It is currently off market. The Trulia Estimate is $319,100, with a rent estimate of $1,343/month.

Home Details for 728 E 55th St

Active Status

MLS Status: Sold

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2
Appliances & Utilities
Laundry: Connections All,In Basement
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Foundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Unit Parking(2 Car Garage, On Street)GarageParking Spaces: 2Parking: Garage
Frontage
Road Frontage: Access Rd

Days on Market

Cumulative Days on Market: 7

Property Information

Year Built
Year Built: 1943
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Duplex
Building
Construction Materials: Brick, Wood SidingNot a New Construction
Property Information
Parcel Number: 490612235036000801

Price & Status

Price
List Price: $315,000
Status Change & Dates
Off Market Date: Mon Mar 09 2026

Location

Direction & Address
City: IndianapolisCommunity: North View Addition
School Information
High School District: MSD Washington Township

Lot Information

Lot Area: 6969.6 sqft

Listing Info

Special Conditions: As Is

Business

Expense
Tenant Pays: All Utilities

Rental Terms, Policies & Fees

Owner Pays: Taxes

Miscellaneous

BasementMls Number: 22081808
Last check for updates: about 2 hours ago
Listed by Edwin Watson
Triple E Realty, LLC
Bought with: Karin Portee, Berkshire Hathaway Home
Source: MIBOR as distributed by MLS GRID, MLS#22081808

Price History for 728 E 55th St

DatePriceEventSource
04/13/2026$315,000Sold
MIBOR as distributed by MLS GRID #22081808
03/10/2026$315,000PendingMIBOR as distributed by MLS GRID #22081808
03/09/2026$315,000PriceChange
MIBOR as distributed by MLS GRID #22081808
03/05/2026$310,000Listed For SaleMIBOR as distributed by MLS GRID #22081808
02/23/2026$310,000ListingRemovedMIBOR as distributed by MLS GRID #22081808
02/02/2026$310,000PendingMIBOR as distributed by MLS GRID #22081808
01/28/2026$310,000Listed For SaleMIBOR as distributed by MLS GRID #22081808
10/19/2015$143,000Sold
MIBOR as distributed by MLS GRID #21368069
08/20/2015$149,900PendingAgent Provided
08/13/2015$149,900PriceChange
Agent Provided
07/30/2015$159,900Listed For SaleAgent Provided

Market trends in Meridian Kessler

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$490K
$8.33KMoM
Sale-to-List Price
100.0%
0.1%MoM
Price per sq ft
$182
$1MoM
Available listings
70
6MoM
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Property Tax and Assessment

Year2025
Tax$6,286
Assessment$291,800
Home facts updated by county records

Comparable Sales for 728 E 55th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5549 N College Ave, Indianapolis, IN
0.08
Multi-Family Home
$479,000
12/01/25
6
2
-
40-42 W 56th St, Indianapolis, IN
0.76
Multi-Family Home
$575,000
08/15/25
4
2
-
4843 Caroline St, Indianapolis, IN
1.25
Multi-Family Home
$215,000
10/10/25
2
2
-
4502 Kingsley Dr, Indianapolis, IN
1.24
Multi-Family Home
$186,000
08/14/25
2
2
-
4409 N College Ave, Indianapolis, IN
1.14
Multi-Family Home
$350,000
10/03/25
6
2
-
4746 Broadway St, Indianapolis, IN
0.80
Multi-Family Home
$575,000
07/01/26
7
4
-
4834 Crittenden Ave, Indianapolis, IN
1.13
Multi-Family Home
$455,000
09/26/25
4
4
-

Nearby homes

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Assigned Schools

These are the assigned schools for 728 E 55th 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 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.
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • Meredithangner
    "Amazing neighborhood. Really can’t find a better place to live in Indy! Safe, friendly and beautiful. Plus walk to school"
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • Kyfoster
    "good area and nice people. great local food and shops. dog friendly and parks are close by. low crime rate"
    0
    Flag
  • Gabriel H.
    "Friendly, diverse neighborhood; fairly pedestrian friendly; Monon Trail should be considered a national treasure. "
    0
    Flag
  • 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
    Flag
  • 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
    Flag

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Homes for sale near 728 E 55th St

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Off Market Homes Near 728 E 55th St

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Based on information submitted to the MLS GRID as of 2026-07-28 03:43:07 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