N Meridian St / E 25th St median real estate price is $188,908, which is more expensive than 90.3% of the neighborhoods in Indiana and 50.4% of the neighborhoods in the U.S.
The average rental price in N Meridian St / E 25th St is currently $1,047, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.4% of the neighborhoods in Indiana.
N Meridian St / E 25th St is an urban neighborhood (based on population density) located in Indianapolis, Indiana.
N Meridian St / E 25th St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the N Meridian St / E 25th St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in N Meridian St / E 25th St. The current real estate vacancy rate here is 25.7%. This is higher than the rate of vacancies in 91.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.