LKV Realty
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$525,000
$2,900Reward *
3178 N Pennsylvania Street, Indianapolis, IN 46205Listing ID 22113414

3178 N Pennsylvania Street, Indianapolis, IN 46205

Active
Osgoods Meridian Park
Time on site: 39 daysLast updated: 23 hours ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
5
Square Feet
Square Feet
3,674
Acres
Acres
0.2
Days on Site
Days on Site
35
Cooling
Cooling
Central Air
Heating
Heating
Natural Gas
Year Built
Year Built
1916
Garages
Garages
2
Parking
Parking
Detached

INVESTOR'S DREAM - Million Dollar flip opportunity in Meridian Park PLUS $10,000 SELLER CREDIT toward Buyer's allowable closing costs, rate buydown and/or improvements. Seller, a professional contractor, will also include a complimentary remodeling consultation. Formerly known as the Solomon House, this distinguished 1916 Georgian Revival brick home offers the chance to restore one of Indianapolis' architectural treasures. Located in Historic Meridian Park, this stately home is rich in history, character, and timeless craftsmanship. Original features include hardwood floors, multi-pane windows, crystal doorknobs, French doors, crown molding, gas fireplaces, and an impressive arched entrance and large foyer to welcome guests. The spacious floor plan includes a finished third-floor in-law suite with a full bath, a large bsmt with 9-foot ceilings for added living space potential, updated baths, a charming three-season room, built-in bookcases, and generous living and entertaining spaces. With outstanding bones and endless potential, this home is ready for thoughtful updates to restore its original grandeur while incorporating today's modern luxuries. The seller, a local contractor, is available to complete renovations tailored to the buyer's vision following closing (w/separate agreement). Select listing photos are virtual renderings illustrating the home's incredible potential. Comparable restored historic homes in the area have sold for well over $1 million. May qualify for State Historic Rehabilitation Tax Credit.

Property Information

Property Details

Location

Address
3178 N Pennsylvania Street
County
Marion
City
Indianapolis
Zip Code
46205
Subdivision
Osgoods Meridian Park
School District
Indianapolis Public Schools
MLS Area
4910 - Marion - Center

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
3
Half Bathrooms
2

Building

Building Information

Square Feet
3,674
Year Built
1916
Construction
Brick
Foundation
Block
Condition
Fixer

Financial

Special Conditions
As Is

Property Taxes

Tax Year
2025
Fathom Realty, (317) 590-8788

Market Report for 46205

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MIBOR REALTOR® Association
MIBOR REALTOR® Association logo

Based on information submitted to the MLS GRID as of 18 Aug 2026, 05:22 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MBR43603 • MBR42748