$419,622Average Value$279Average Price per Sq Ft12Homes For Sale
Downtown neighborhood full of condos
Part of downtown Indianapolis, the North Meridian neighborhood is known for its early 20th-century buildings that have been converted into upscale condos, North Meridian allows residents to live in architecturally distinct homes while enjoying close proximity to downtown’s amenities. Its also home to history including the Indiana War Memorial & Museum honoring those from the state who fought in wars. “Crown Hill is one of the oldest neighborhoods in Indianapolis,” says Lamar Fain, a broker with Highgarden Real Estate, emphasizing its rich history and connection to the city.
Historic buildings converted into modern condos define North Meridian housing
Housing in North Meridian offers a mix of modern condominiums and townhomes, many of which are converted from historic buildings, adding to the area's charm. A notable example is the Meridian Arch Condos, housed in a former church featuring Gothic and Greek Revival architecture, with striking high ceilings and tracery windows. Condos in the neighborhood typically range from $210,000 to $420,000, with standout properties like the Indianapolis Athletic Club Condos priced at $330,000. Larger three-bedroom condos can fetch up to $950,000. Townhomes vary in price, with options around $240,000 or larger two-bedroom townhomes priced up to $650,000. The median price of homes is $313,000. The CAP Index score in the neighborhood is a 10, which is way higher than the national average of 4 being that it is in downtown Indianapolis.
A mix of southern comfort food and arcade fun defines the dining scene
North Meridian residents are just steps away from some of downtown Indianapolis’s most popular eateries. The Flatiron on Penn serves up vintage American dishes, including their popular Mac-N-Salad, a unique twist on mac and cheese with a side salad and toasted bread. The Eagle, known for its southern-style fried chicken, pairs comfort food with craft beer, offering classics like shrimp and grits and spoonbread. For a nostalgic night out, 16-Bit Bar + Arcade combines craft beer with over 30 vintage arcade games, creating a fun spot for residents to unwind. "It's a fun place to have a beer and play your favorite vintage video game," says Susan Forrest, Realtor with United Real Estate Indianapolis. Even with these great dining options nearby, residents can easily pick up groceries at the Kroger on West Michigan Street when they feel like cooking at home. Circle Centre Mall is nearby the neighborhood with Family Dollar for essentials and chain restaurants including Panda Express, Chipotle and Starbucks.
The Indiana Black Expo brings a summer of celebration to the neighborhood
One of the neighborhood’s biggest events is the Indiana Black Expo Summer Celebration, held each July at the American Legion Mall. This event, which has supported Black businesses and successes since 1971, combines educational summits, live music, and parties, bringing the community together. North Meridian also takes part in Memorial Day ceremonies at the mall, honoring those who fought in World War II and other wars with a beautiful and solemn tribute. The Indiana War Memorial Museum features a diverse collection of military artifacts that honor Indiana's veterans. Visitors can explore exhibits reflecting Indiana's rich military history across various conflicts, from the Battle of Tippecanoe to present-day engagements, providing a deep appreciation for the sacrifices made by Hoosier soldiers.
North Meridian students attend top-rated schools in the city
North Meridian residents have access to some of Indianapolis’s best educational options. Students can attend Washington Irving School 14 for elementary education and continue on to Herron High School, which has an A+ rating on Niche.com. Herron High offers a liberal arts education, preparing students for college by developing critical thinking and learning skills through a robust curriculum.
University Park offers a walkable green space with historical monuments
Living in North Meridian means having easy access to parks that are both beautiful and historic. University Park is a short walk from most condos, featuring the iconic Depew Fountain and statues of President Benjamin Harrison and Abraham Lincoln. This green space serves as a peaceful spot for residents to enjoy nature while taking in the history of the city. The nearby American Legion Mall provides more space for walking, picnicking, and taking part in the neighborhood’s cultural events.
North Meridian Street is a major thoroughfare
For those driving, the neighborhood is close to major streets like North Meridian Street and West Michigan Street, providing easy access to Interstate-465, which is a beltway looping through the city.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Tom Lazzara,
an experienced agent in this neighborhood.
Parks in this Area
Colts Canal Playspace
Playground
Multi-Purpose Field
Walking Paths
Shawn Grove Park
Picnic Area
Playground
University Park
White River State Park
Boating
Fishing
Kayak/Canoe
Herron-Morton Place Historic Park
Great Oak Commons
Picnic Area
Trails
Multi-Purpose Field
Transit
Airport
Indianapolis International
26 min drive
Bus
Meridian St & North St
Bus
Vermont Station Nb
Bus
Illinois St & North St
Bus
Ohio St & Pennsylvania St
Bus
Illinois St & New York St
Bus
Capitol Ave & 10th St
Bus
Ohio St & Meridian St
Crime and Safety
1 - Low Crime, 10 - High Crime
North Meridian
US
Homicide
5
4
Sexual Assault
10
4
Assault with Weapon
8
4
Robbery
10
4
Burglary
10
4
Motor Vehicle Theft
10
4
Larceny
10
4
Crime Score
10
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in North Meridian, Indianapolis sell after 108 days on the market compared to the national average of 47 days. The average sale price for homes in North Meridian, Indianapolis over the last 12 months is $462,794, up 6% from the average home sale price over the previous 12 months.
UNIT "A301" -This is an amazing opportunity to own some history and live downtown near monument circle, the war memorial, university park and to enjoy all the great benefits of being right downtown. The Athletic Club has rooftop patio for city views and activities. This property has been updated to have fresh new paint, some doors replaced, new appliances and some other stand out features.
Indianapolis has so much to offer in parks, recreation, entertainment and culture, history and much of this is out your front door or in close proximity to this amazing condo! A piece of Indianapolis history, the Indianapolis Athletic Club where this condo is housed, dates back to 1886 and the building dates back to 1922! The IAC building now houses condos and terrific amenities! The condo
Unit 610 at the historic Indianapolis Athletic Club offers a distinguished opportunity to live in one of downtown's most coveted landmarks. A stunning example of Gilded Age architecture, this building is listed on the National Register of Historic Places and serves as an Indianapolis Landmark. This 6th-floor, 2-bedroom, 2-bathroom southeast-facing corner unit is filled with natural light from 8
On the doorstep of the most expressive district in the heart of downtown Indianapolis lies a brand-new community alive with spectacular 360 views. Industry Indianapolis is a pet-friendly high-rise community of studio, one-, and two-bedroom apartments and townhomes bursting with spectacular amenities and carefully curated luxury. Enjoy time in your own space or venture out onto Mass Ave to find
Indianapolis has so much to offer in parks, recreation, entertainment and culture, history and much of this is out your front door or in close proximity to this amazing condo! A piece of Indianapolis history, the Indianapolis Athletic Club where this condo is housed, dates back to 1886 and the building dates back to 1922! The IAC building now houses condos and terrific amenities! The condo
One of the most desirable downtown Indianapolis addresses. Distinctive, living designed and carefully curated to appeal to discerning tastes. Near Ardmore you’ll find the neighborhood’s Needler's Food Market®, Shake Shack, Sweet Green, Los Arroyos, and access to the Cultural Trail, Old National Center as well as exclusive services and amenities right outside your front door. There’s no place in
Interested in learning more about homes in this area?
Reach out to
Tom Lazzara,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
3,711
Median Age
31
Population Density
14 ppl/acre
Population under 18
15.3%
Below the national average
23.8%
Population over 65
4.6%
Below the national average
19.1%
Finances
Median Household Income
$88,237
Above the national average
$71,702
Average Household Income
$106,317
Education and Workforce
High School Graduates
95.6%
College Graduates
81.9%
Significantly above the national average
34.1%
Advanced Degrees
34.2%
Above the national average
13.3%
% Population in Labor Force
76.4%
Weather
Annual Precipitation
43''
Average Winter Low Temperature
21°F
Average Summer High Temperature
85°F
Annual Snowfall
16''
Area Factors
Biker's Paradise
Bike Score®
99/ 100
Walker's Paradise
Walk Score®
93/ 100
Good Transit
Transit Score®
63/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
