Admiral | 3025 N Meridian St
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Admiral 3025 N Meridian St
48 Unit Apartment Building For Sale Indianapolis, IN 46208
Investment Highlights
- Available Underground Parking
- Unique Unit Features Including Parquet Floors and Arched Doorways
- Excellent Unit Mix
- 1.627± Acre Site
- The Only Major Art Deco Apartment Building in Indianapolis
- Entrance Includes Spacious and Historic Lobby Area
Executive Summary
The Admiral Apartments, built in 1929, is located at 3025 North Meridian Street, Indianapolis, IN. The property is made up of one, nine-story, building and encompasses 1.63± acres.
The Admiral features New York style architecture, original oak parquet floors, arched doors, and oversized closets.
The unit mix consists of one-, two- and four-bedroom units ranging in size between 612 square feet and 3,200 square feet. Amenities include underground parking, a laundry care center, two elevators, and is pet friendly.
The property is within minutes to Downtown Indianapolis, Marian University, Butler University, and Ivy Tech Community College. The Mapleton Fall Creek neighborhood offers a variety of shops, businesses, grocery stores, restaurants, and parks.
Downtown Indianapolis features a thriving nightlife scene, mainly along Meridian Street and Mass Ave incorporating an immense selection of restaurants, bars, clubs, and live music venues for every taste. The dining is unbeatable, with world-class restaurants of every description within a short walk from anywhere.
The Admiral features New York style architecture, original oak parquet floors, arched doors, and oversized closets.
The unit mix consists of one-, two- and four-bedroom units ranging in size between 612 square feet and 3,200 square feet. Amenities include underground parking, a laundry care center, two elevators, and is pet friendly.
The property is within minutes to Downtown Indianapolis, Marian University, Butler University, and Ivy Tech Community College. The Mapleton Fall Creek neighborhood offers a variety of shops, businesses, grocery stores, restaurants, and parks.
Downtown Indianapolis features a thriving nightlife scene, mainly along Meridian Street and Mass Ave incorporating an immense selection of restaurants, bars, clubs, and live music venues for every taste. The dining is unbeatable, with world-class restaurants of every description within a short walk from anywhere.
Property Facts
| Sale Type | Investment | Lot Size | 1.63 AC |
| No. Units | 48 | Building Size | 65,890 SF |
| Property Type | Multifamily | No. Stories | 10 |
| Property Subtype | Apartment | Year Built | 1929 |
| Apartment Style | Mid Rise | Parking Ratio | 1.45/1,000 SF |
| Building Class | C |
| Sale Type | Investment |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 1.63 AC |
| Building Size | 65,890 SF |
| No. Stories | 10 |
| Year Built | 1929 |
| Parking Ratio | 1.45/1,000 SF |
Unit Amenities
- Heating
- Kitchen
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 29 | - | 644 |
| 2+1 | 13 | - | 1,000 |
| 2+2 | 5 | - | 1,250 |
| 4+3.5 | 1 | - | 3,200 |
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PROPERTY TAXES
| Parcel Number | 49-06-24-146-001.000-101 | Improvements Assessment | $1,674,299 CAD |
| Land Assessment | $880,559 CAD | Total Assessment | $2,554,858 CAD |
PROPERTY TAXES
Parcel Number
49-06-24-146-001.000-101
Land Assessment
$880,559 CAD
Improvements Assessment
$1,674,299 CAD
Total Assessment
$2,554,858 CAD
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Admiral | 3025 N Meridian St
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