Price Reduction - Fixer Upper
Address
3178 N Pennsylvania Street, Indianapolis, IN
Price
$ 495,000
Property Attributes
  • MLS#22113414
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CityIndianapolis
  • AreaCenter
  • NeighborhoodOsgoods Meridian Park
  • Zip46205
  • StyleItalianate
  • Year Built1916
  • Taxes$ 4606
  • Price$ 495,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms2
  • Sqr Footage3674
  • Lot Size0.2 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

BACK ON THE MARKET DUE TO NO FAULT OF SELLER! Their loss could be your gain if you've been waiting for a well-built historic home in Meridian Park with incredible character and potential. This distinguished 1916 Georgian Revival brick home offers a rare opportunity to restore, reimagine, and make one of Indianapolis' architectural treasures your own. Original hardwood floors, multi-pane windows, crystal doorknobs, French doors, crown molding, gas fireplaces, built-in bookcases, an impressive arched entrance, and a grand foyer showcase the craftsmanship of another era. The spacious floor plan also features a finished third-floor in-law suite with a full bath, a charming three-season room, generous living and entertaining spaces, and a large basement with 9-foot ceilings offering even more potential. A structural engineer verified the home has great bones and sewer scope was clear. Sold As-Is. Comparable beautifully restored homes in the area have sold for well over $1 million on Pennsylvania. Home may also qualify for the IN State Historic Rehabilitation Tax Credit. A rare opportunity to restore a piece of Meridian Park history and create something truly extraordinary!

Price History
7/11/2026 Listed $625,000
7/21/2026 4$600,000
8/1/2026 9$550,000
8/11/2026 5$525,000
8/30/2026 6$495,000

General Features

Heating Natural Gas
Cooling Central Air
Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Possession Closing
Appliances Gas Cooktop,Dishwasher,Dryer,Gas Water Heater,Microwave,Refrigerator,Washer
Garage Spaces 2
Patio/Porch Features Deck,Glass Enclosed,Rooftop
Architectural Style Italianate
Construction Materials Brick
Year Built 1916
Electric 200+ Amp Service
Township Center
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Osgoods Meridian Park
Garage Y/N Yes
Total Rooms 16
Full Baths 3
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 8625
Property Attached Y/N No
Property Condition Fixer
Additional Parcels Y/N No
Standard Status Active
Tax Lot L32
Legal Description Osgoods Meridian Park 59.5Ft Off N Side Ex 2Ftw End L32

Interior Features

Interior Amenities Attic Access,Attic Stairway,Entrance Foyer,Pantry,Walk-In Closet(s),Wood Work Painted
Basement Ceiling - 9+ feet,Egress Window(s),Roughed In,Storage Space,Unfinished
Total Fireplaces 2
Fireplace Features Bedroom,Family Room
Basement (Y/N) Yes
Half Baths 2
Laundry Features In Unit,Connections All,In Basement
Total Bedrooms 4
LivingAreaSource Assessor
Total Baths 5

Exterior Features

Exterior Amenities Balcony
Parking Features Detached
Lot Features Access,Corner Lot,Curbs,Sidewalks,Mature Trees
Water Source Public
Foundation Details Block
Building Area Total 3674
Lot Size Acres 0.2
Waterfront Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46205

Price
AVG $350K
$500K
Taxes
AVG $3,902
$4,606
Year Built
AVG 1937
1916
Visits
AVG 74
20
Data Provided by Inside Real Estate®

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