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6725 North Meridian Street

6725 North Meridian Street, Indianapolis, IN 46260
House in Arden
Sold Jul 06, 2020
$675,000
$350,000 by Elements Financial Fcu
Mortgage
Sold Apr 23, 2015
$708,200
$566,550 by Us Bank Na
Mortgage Due May 01, 2045
6725 North Meridian Street has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 1984 and is 40 years old. However, we must point out that the home was most recently renovated and altered in 1992. The home has a total of 15 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6725 North Meridian Street has 3,921 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,826 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 5,850 ft and across the front of the lot is 2,000 ft. The area measurement of the land has been determined as 59,175 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 832 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 6725 North Meridian Street was last sold in Jun 24, 2020 for $675,000. According to our calculations, that's $142.02 per sqft. Prior to that sales transaction, the property was sold for $708,200 in Mar 11, 2015. Current property owners are expected to pay $12,868 in taxes per year. The property on 6725 North Meridian Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $883,900. To break that down further, the land itself was valued at $211,300. While improvements to the property were assessed at a total of $672,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Cedar Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,826
  • Garage Type: Attached
  • Garage Square Area: 832
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 59,175
  • Lot Size Depth Feet: 5,850
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 4,753
  • Gross Building Area: 4,753
  • Building Area: 3,921
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,921
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MERIDIAN HILLS 1ST SEC
  • Land Acres: 1.359
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MERIDIAN HILLS 1ST SEC L31 & PT L32 BEG NE COR;S33.61 W273.74 NW34.96 E281.35 TO BEG

Ownership

  • Current Owner : ALESSANDRI EDUARDO B
  • Current Owner 2: ALESSANDRI MARINA S
  • Previous Owner : LEWIS LANDON
  • Owner Before Previous Owner: HUSER RICHARD A
  • Owner Before Previous Owner 2: HUSER LAURA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 320800

Geography

  • Assessors Map Reference: 2119-C2
  • District: 0008
  • Section: 350
  • Parcel: 49-03-35-106-006.000-820
  • Lot: 31
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8773
  • Longitude: -86.1571

    Address

  • Full Address: 6725 N Meridian St
  • Address - House Number: 6725
  • Street Direction: N
  • Address - Street Name: Meridian
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C048
  • 4-Digit Zip Code: 4230
  • Zip Code: 46260

Valuation

    Tax

  • Total Area: 3,921
  • Tax Year: 2022
  • Tax Amount: $12,868
  • Tax Rate Code Area: 820

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 71
  • Final Value: 607,190
  • High Value: 736,067
  • Low Value: 478,313

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: ELEMENTS FINANCIAL FCU
  • First Open Lien Mortgage Recording Date: Jul 06, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $883,900
  • Market Land Value: $211,300
  • Market Improvement Value: $672,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $883,900
  • Assessed Land Value: $211,300
  • Assessed Improvements Value: $672,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2020
  • Current Sale Recording Date: Jul 06, 2020
  • Current Sale Transaction ID: 11773705792
  • Current Sale Price: $675,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000068895
  • Previous Sale Recording Date: Apr 23, 2015
  • Previous Sale Contract Date: Mar 11, 2015
  • Previous Sale Amount: $708,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ELEMENTS FINANCIAL FCU
  • First Mortgage Transaction Date: Jul 06, 2020
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Apr 23, 2015
  • Previous Mortgage Loan Amount: $566,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2045

About Arden



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Frequently Asked Questions

What neighborhood is 6725 North Meridian Street located in?
The 6725 North Meridian Street is a house located in the neighborhood of Arden in Arden, Indianapolis.
What is the average sales price for listings in 6725 North Meridian Street?
The average sales price for units in 6725 North Meridian Street is $0 currently.

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