7264 Merriam Rd is a 3,425 square foot house on a 0.51 acre lot with 3 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $481,337.
Single-familyProperty Type
1968Year Built
0.51 acresLot Size
$141Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$481,337
$3,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 5.2% higher than the average sale price ($457K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$6,080 (+1.3%)
$59,000 + $408,200
$467,200
2024
$6,005 (+11.1%)
$59,000 + $371,300
$430,300
2023
$5,407 (−8.5%)
$59,000 + $371,300
$430,300
2022
$5,908 (+21.1%)
$59,000 + $338,100
$397,100
2021
$4,880 (+6.0%)
$28,800 + $320,000
$348,800
2020
$4,604 (+14.6%)
$28,800 + $320,000
$348,800
2019
$4,019
$28,800 + $320,000
$348,800
2018
$4,015 (+4.2%)
$28,800 + $296,200
$325,000
2017
$3,855 (+12.8%)
$28,800 + $295,100
$323,900
2016
$3,417
$28,800 + $295,100
$323,900
2015
$3,416 (+0.5%)
$28,800 + $279,100
$307,900
2014
$3,400 (−1.7%)
$28,800 + $297,100
$325,900
2013
$3,459
$28,800 + $295,800
$324,600
Tax history for 7264 Merriam Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,080 (+1.3%)
$59,000 + $408,200
$467,200
2024
$6,005 (+11.1%)
$59,000 + $371,300
$430,300
2023
$5,407 (−8.5%)
$59,000 + $371,300
$430,300
2022
$5,908 (+21.1%)
$59,000 + $338,100
$397,100
2021
$4,880 (+6.0%)
$28,800 + $320,000
$348,800
2020
$4,604 (+14.6%)
$28,800 + $320,000
$348,800
2019
$4,019
$28,800 + $320,000
$348,800
2018
$4,015 (+4.2%)
$28,800 + $296,200
$325,000
2017
$3,855 (+12.8%)
$28,800 + $295,100
$323,900
2016
$3,417
$28,800 + $295,100
$323,900
2015
$3,416 (+0.5%)
$28,800 + $279,100
$307,900
2014
$3,400 (−1.7%)
$28,800 + $297,100
$325,900
2013
$3,459
$28,800 + $295,800
$324,600
*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
D2
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
Mar 1, 1996 • Active
Electrical permit-1-2 family-residential addition
Addition
Electrical
Mar 1, 1996 • Final
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: 1,036
Basement Type: Partial
Bathroom Information
# of Bathroom Fixtures: 9
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace
Room Information
# of Rooms: 10
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: 3,425
Adjusted Gross Sq. Ft: 4,461
Ground Floor Sq. Ft: 2,345
Building Sq. Ft: 4,961
# of Stories: 2
Legal Description: GRAVES SYLVAN RIDGE 2ND SEC L116 & 22FT N SIDE OFL115
Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Built-In Garage
Garage/Parking Sq. Ft: 500
Garage / Carport Type: Built In
Lot Information
# of Buildings: 1
Land Sq. Ft: 22,329
Legal Lot Number: 116
Municipality Name: WASHINGTON,OUTSIDE
Acres: 0.5126
Depth Footage: 203
Front Footage: 103
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: —
Sq. Ft.: 3,425
Stories: 2.0
Lot Size: 0.51 acres
Style: Single Family Residential
Year Built: 1968
Year Renovated: 1968
County: Marion County
APN: 490229114046000800
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 • 1.5mi
9/10
North Central High School
Public 9-12 • Assigned • 2.1mi
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)
33
17
42
25
61
39
69
47
72
53
83
65
88
70
84
64
82
58
71
47
54
38
42
27
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
$458,000 – $554,000
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