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Single Family ResidenceResidential
Last sold for $304,700 on Aug 28, 2024

545 E MERRILL ST

INDIANAPOLIS, IN 46203
2
Beds
0
Baths
1,084 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.11 ac
Lot SizeThe size of the land the home sits on, from county records.
1900
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$304,700 · Aug 28, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,891 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$323,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$54,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$269,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$206,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$323,900

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMARION
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2004
Lot (acres)The size of the land the home sits on, from county records.0.11
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
ViewThe type of view from the property, or another feature of the site that affects value.Extra Front

Neighborhood · ZIP 46203These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.128
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.107
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.36

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.39,395
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,862 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$57,786
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$71,941
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

545 E Merrill St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Smaller than 79% of homes in Downtown
  • Has a smaller lot than 88% of homes in Marion County
  • Older than 95% of homes in Marion County

How it measures up in Indianapolis 46203

The dot is this home. The mark in the middle is the typical home in Indianapolis 46203.

Living area1,084 ft²
SmallerTypical 1,192 ft²Bigger

Bigger than 41% of homes nearby

Lot size0.11 ac
SmallerTypical 0.13 acBigger

Bigger than 25% of homes nearby

Year built1900
OlderTypical 1947Newer

Newer than 14% of homes nearby

How 545 E Merrill St ranks against every home in each area.
MeasureThis homeDowntownIndianapolis 46203Marion County
Living areabigger than1,084 ft²21% of homes41% of homes22% of homes
Lot sizebigger than0.11 ac78% of homes25% of homes12% of homes
Year builtnewer than190019% of homes14% of homes5% of homes

About 545 E Merrill St

When did 545 E Merrill St, Indianapolis, IN last sell?

545 E Merrill St, Indianapolis, IN last sold on Aug 28, 2024 for $304,700, according to the county's recorded deed.

How big is 545 E Merrill St, Indianapolis, IN?

545 E Merrill St, Indianapolis, IN has 2 bedrooms, 1,084 square feet of living space and a 0.11-acre lot.

When was 545 E Merrill St, Indianapolis, IN built?

545 E Merrill St, Indianapolis, IN was built in 1900, making it 126 years old. The building has 1 story.

How does 545 E Merrill St, Indianapolis, IN compare to other homes in Indianapolis 46203?

Among the 15,947 homes in Indianapolis 46203, it is bigger than 41% of them (1,084 ft² against a typical 1,192 ft²), its lot is bigger than 25% of them (0.11 ac against a typical 0.13 ac) and it is newer than 14% of them (1900 against a typical 1947). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 545 E Merrill St, Indianapolis, IN?

The 2024 property tax bill for 545 E Merrill St, Indianapolis, IN was $4,891. The county assessed it at $323,900.

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