Google street view image for 7234 Merriam Rd, Indianapolis, IN 46240

OFF MARKET

$564,874

•

2.5 ba

•

2,902

sq ft

7234 Merriam Rd, Indianapolis, IN 46240

About this home

7234 Merriam Rd is a 2,902 square foot house on a 0.39 acre lot with 4 bedrooms and 2.5 bathrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $564,874.

Single-familyProperty Type

1965Year Built

0.39 acresLot Size

$195Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$564,874

$8,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 35.3% higher than the average sale price ($418K) of 5 comparable homes.

SOLD JUL 23, 2026
$345,000
A
3 beds2 baths1,641 sq ft
3846 Wyandotte Trl, Indianapolis, IN 46240
BOUGHT WITH REDFIN AUG 3, 2026
$479,000
B
4 beds2.5 baths3,194 sq ft
3229 E 69th St, Indianapolis, IN 46220
SOLD JUL 24, 2026
$405,000
C
4 beds2.5 baths3,036 sq ft
7323 N Grand Ave, Indianapolis, IN 46250
SOLD JUN 12, 2026
$519,900
D
4 beds2.5 baths2,624 sq ft
7432 Glenview Dr W, Indianapolis, IN 46250
SOLD JUL 24, 2026
$339,000
E
4 beds2 baths1,847 sq ft
6834 N Oxford St, Indianapolis, IN 46220

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$530,365

Est. take-home

List your home with Redfin and save $5,649

Rent

$2,020/mo

Redfin rental estimate

List your home for rent

Market trends in 46240, IN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.4%

0.3% MoM

Median sale price

$398K

$2K MoM

Avg. days on market

2 days MoM

Recently sold homes

13 MoM

New listings for sale

OPEN SUN, 12PM TO 2PM
$425,000
5 beds2.5 baths2,422 sq ft
7345 N Tuxedo St, Indianapolis, IN 46240
OPEN SUN, 1PM TO 3PM
$865,000
5 beds3.5 baths5,037 sq ft
1501 E 80th St, Indianapolis, IN 46240
OPEN SUN, 12PM TO 2PM
$249,900
2 beds2.5 baths1,532 sq ft
9545 Longwell Dr, Indianapolis, IN 46240
$640,000
4 beds2.5 baths4,616 sq ft
9235 Crystal Riv, Indianapolis, IN 46240
3D WALKTHROUGH
$700,000
4 beds3 baths3,363 sq ft
3558 Clearwater Cir, Indianapolis, IN 46240
$535,000
5 beds3 baths3,761 sq ft
8889 Cholla Rd, Indianapolis, IN 46240
See all

Provided by Redfin

Sale history for 7234 Merriam Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$6,886 (+1.7%)

$57,800 + $466,900

$524,700

2024

$6,771 (+9.2%)

$57,800 + $425,800

$483,600

2023

$6,201 (−8.6%)

$57,800 + $425,800

$483,600

2022

$6,785 (+20.7%)

$57,800 + $387,700

$445,500

2021

$5,621 (+5.7%)

$28,300 + $367,500

$395,800

2020

$5,316 (+14.8%)

$28,300 + $367,500

$395,800

2019

$4,632 (+7.0%)

$28,300 + $367,500

$395,800

2018

$4,328 (+4.2%)

$28,300 + $340,300

$368,600

2017

$4,154 (+13.1%)

$28,300 + $315,000

$343,300

2016

$3,673 (−6.4%)

$28,300 + $315,000

$343,300

2015

$3,923 (+3.3%)

$28,300 + $297,700

$326,000

2014

$3,796 (−1.9%)

$28,300 + $341,300

$369,600

2013

$3,870

$28,300 + $329,300

$357,600

Tax history for 7234 Merriam Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,886 (+1.7%)

$57,800 + $466,900

$524,700

2024

$6,771 (+9.2%)

$57,800 + $425,800

$483,600

2023

$6,201 (−8.6%)

$57,800 + $425,800

$483,600

2022

$6,785 (+20.7%)

$57,800 + $387,700

$445,500

2021

$5,621 (+5.7%)

$28,300 + $367,500

$395,800

2020

$5,316 (+14.8%)

$28,300 + $367,500

$395,800

2019

$4,632 (+7.0%)

$28,300 + $367,500

$395,800

2018

$4,328 (+4.2%)

$28,300 + $340,300

$368,600

2017

$4,154 (+13.1%)

$28,300 + $315,000

$343,300

2016

$3,673 (−6.4%)

$28,300 + $315,000

$343,300

2015

$3,923 (+3.3%)

$28,300 + $297,700

$326,000

2014

$3,796 (−1.9%)

$28,300 + $341,300

$369,600

2013

$3,870

$28,300 + $329,300

$357,600

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

Zoning
Permits

METRO

Dwelling District Two

The D-2 District is intended for use in suburban areas. Ample yards, trees and passive open spaces easily serving each individual lot are envisioned for this District. The D-2 District has a typical density of 1.9 units per gross acre. Two-family dwellings are permitted on corner lots in this District. This District fulfills the lowest density recommendation of the Comprehensive General Land Use Plan. Public water and sewer facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site conditions, including vegetation, topography, drainage and wildlife.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Park & open space

Aug 4, 2021 • Final

Electrical - 1-2 family

Upgrade the electrical panel and meter from 100 amps to 200 amps.

Electrical

May 9, 2013 • Active

Heating & cooling permit-1-2 family-replacement

HVAC

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Basement Information
Basement Sq. Ft: 875
Basement Type: Partial

Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1
# of Bathroom Fixtures: 13

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace

Room Information
# of Rooms: 12

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Brick
Building Type: Single Family

Property Information
Subdivision Name: GRAVES SYLVAN RIDGE ADD 2ND SEC
Living Sq. Ft: 2,902
Adjusted Gross Sq. Ft: 3,777
Ground Floor Sq. Ft: 1,882
Building Sq. Ft: 4,305
# of Stories: 2
Legal Description: GRAVES SYLVAN RIDGE 2ND SEC 87FT OFF S ENDL113 & 16FT OFF N END L112

Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 528
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 17,054
Legal Lot Number: 112
Municipality Name: WASHINGTON,OUTSIDE
Acres: 0.3915
Depth Footage: 196
Front Footage: 102
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 4
Baths: 2.5
Sq. Ft.: 2,902
Stories: 2.0
Lot Size: 0.39 acres
Style: Single Family Residential
Year Built: 1965
Year Renovated: 1965
County: Marion County
APN: 490229114007000800

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Clearwater Elementary School

Public K-5 • Assigned • 0.7mi

7/10

Eastwood Middle School

Public 6-8 • Assigned • 1.4mi

9/10

North Central High School

Public 9-12 • Assigned • 2.2mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 101° expected this year, 18 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46240

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$537,000 – $650,000

Reach more buyers when you sell with Redfin. Save up to $5,649 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

$174,900

5 beds1 bath3,482 sq ft

1808 E 68th St, Indianapolis, IN 46220

$515,000

3 beds2.5 baths3,158 sq ft

7921 Lincoln Blvd, Indianapolis, IN 46240

$217,500

2 beds1 bath1,084 sq ft

1816 Randall Ct, Indianapolis, IN 46240

OPEN SUN, 1PM TO 3PM

$339,900

3 beds1.5 baths1,605 sq ft

2880 Kessler Boulevard East Dr, Indianapolis, IN 46220

OPEN SUN, 12PM TO 2PM

$1,599,000

5 beds5.5 baths8,000 sq ft

4328 Heyward Ln, Indianapolis, IN 46250

$375,000

4 beds1.5 baths1,893 sq ft

5265 E 75th St, Indianapolis, IN 46250

New listings for sale in 46240

OPEN SUN, 12PM TO 2PM3D WALKTHROUGH

$425,000

5 beds2.5 baths2,422 sq ft

7345 N Tuxedo St, Indianapolis, IN 46240

OPEN SUN, 1PM TO 3PM

$865,000

5 beds3.5 baths5,037 sq ft

1501 E 80th St, Indianapolis, IN 46240

OPEN SUN, 12PM TO 2PM

$249,900

2 beds2.5 baths1,532 sq ft

9545 Longwell Dr, Indianapolis, IN 46240

$640,000

4 beds2.5 baths4,616 sq ft

9235 Crystal Riv, Indianapolis, IN 46240

3D WALKTHROUGH

$700,000

4 beds3 baths3,363 sq ft

3558 Clearwater Cir, Indianapolis, IN 46240

$535,000

5 beds3 baths3,761 sq ft

8889 Cholla Rd, Indianapolis, IN 46240

Home values near 7234 Merriam Rd

Data from public records.

Address	Redfin Estimate
7244 Merriam Road, Indianapolis, IN 5 Beds \| 4.5 Baths \| 4470 Sq. Ft.	$879,402
7217 Merriam Road, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2037 Sq. Ft.	$397,281

Address	Redfin Estimate
7265 Merriam Road, Indianapolis, IN 5 Beds \| 2.5 Baths \| 3058 Sq. Ft.	$679,088
7229 Merriam Road, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1897 Sq. Ft.	$362,594

Address	Redfin Estimate
7253 Merriam Road, Indianapolis, IN 3 Beds \| 1.5 Baths \| 3149 Sq. Ft.	$629,890
7224 Merriam Road, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2675 Sq. Ft.	$509,085

More real estate resources

Zip Codes
Neighborhoods
Cities
Minor Civil Divisions
Popular Searches

46250 homes for sale
46256 homes for sale
46217 homes for sale
46237 homes for sale
46220 homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Franklin Township homes for sale
Pike Township homes for sale
Warren Township homes for sale
Washington Township homes for sale
Perry Township homes for sale

Houses for rent in Indianapolis	Agents near me	Munster, IN homes for sale	Indianapolis Housing Market
Houses for sale near me	Indianapolis, IN homes for sale	Zionsville, IN homes for sale
Land for sale near me	Carmel, IN homes for sale	Westfield, IN homes for sale
Open Houses near me	Fishers, IN homes for sale	Indianapolis Property Records
Condos for sale near me	Hammond, IN homes for sale	IN New Listings

Fishers homes for sale
Zionsville homes for sale
Carmel homes for sale