About This Home

This 4-bedroom, 5-bathroom single family at 3178 N Pennsylvania Street in Indianapolis, IN is listed for $625,000 ($212 per sqft). Built in 1916, the home offers 2,954 sqft of living space on a 0.20 acres lot.

Key Features

  • Built in 1916
  • 0.20 acre lot
  • 3 stories
  • Fireplace

Property Details

3 stories
3 full, 2 half
1916

Amenities

FireplaceA/C
Listing Description

RARE OPPORTUNITY IN MERIDIAN PARK! Historically known as the "Solomon House", this distinguished 1916 residence presents a rare restoration opportunity in a highly sought-after historic area on the near north side of Indianapolis. Meridian Park has been recognized on the National Register of Historic Places since 1990, and is an intimate eight-block neighborhood celebrated for its exceptional early twentieth-century architecture.

This home's unique Italian Renaissance Revival design is highlighted by a dramatic arched entry, broad rooflines, deep overhangs, a stately brick and stucco exterior, distinctive multi-pane windows, and timeless architectural detailing. With excellent bones and remarkable historic character, the home is ready for thoughtful updates to restore its original grandeur.

The seller, an experienced local contractor, is available to complete renovations tailored to the buyer's needs following closing if requested (subject to a separate agreement). Select listing photos include virtual renderings intended to illustrate the home's potential. An exceptional opportunity for an investor or preservation-minded buyer, with projected resale potential estimated to exceed $1 million following renovation (subject to market conditions and buyer upgrades).

Monthly Cost Estimate

$3,343/mo

20% down · 6.5% · 30 years

Principal$452
Interest$2,708
Insurance$182

Estimates only. Actual payments may vary.

Location

3178 N Pennsylvania Street

Indianapolis, IN 46205

Osgoods Meridian Park

Features & Amenities

Interior Features

Attic AccessAttic StairwayEntrance FoyerHardwood FloorsPantryWalk-In Closet(s)Wood Work Painted

Exterior Features

Balcony

Property Details

Construction

Brick

Pool Features

Deck

Heating

Natural Gas

Cooling

Central Air

Appliances

Gas CooktopDishwasherDryerGas Water HeaterMicrowaveRefrigeratorWasher

Questions & Answers

This 4-bedroom, 5-bathroom single family at 3178 N Pennsylvania Street is listed at $625,000 ($212/sqft). The estimated monthly payment is $3,342 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1916, 0.20 acre lot, 3 stories, Fireplace. Interior Features: Attic Access, Attic Stairway, Entrance Foyer. Exterior Features: Balcony.

This property is listed by Jennifer McKinney-Seet and can be reached at (317) 507-0837.

JM

Jennifer McKinney-Seet

Agent at Fathom Realty

(317) 507-0837

Listed by Fathom Realty · View on Broker Site

MLS# 22113414· Source: listhub· 4 days on market

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3178 N Pennsylvania Street, Indianapolis, IN 46205

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