1996 Piper Meridian for sale

1996 Piper Meridian

Single Engine Turboprop

FOR SALE
$835,000
Location Bloomington, Indiana
Total Time 3,798 hrs
Engine SMOH 2,143 hrs
Seats 6
Serial # 4636025
Reg # N62CA
Engine Reciprocating
Cruise 241 kts (446 km/h)
✓ FAA Valid ✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR
GDL69 XM Weather

Description

Piper PA46-350P with Jetprop DLX Conversion. 08/14/2009 Conversion to turbine installed by Jetprop LLC, LoPresti Boom Beacon Landing and Taxi Lights installed. Sold with fresh Annual Inspection

Inspection

Sold with fresh Annual

Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.

Price Comparison Listed on multiple marketplaces

Source Price Action
BMG Jet Center
controller.com
$835,000

Estimate Monthly Payment

Piper Meridian loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Meridian

This 1996 Piper Meridian (N62CA) is a 6-seat single engine turboprop with 3,798 hours on the airframe. There are currently 96 Meridian aircraft listed for sale with asking prices ranging from $725,053 to $2,613,432. This aircraft is priced below the market average at $835,000.

The Meridian cruises at 241 kts (446 km/h) with a range of 1,000 nm (1,852 km) — ideal for short hops and local flights. Service ceiling of 30,000 ft allows operation above most weather.

Operating costs: Fuel burn is 35 GPH (132 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $192/hr in fuel alone. Total variable cost including maintenance reserves is approximately $650/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $100,000. With 3,798 hours on the airframe, this aircraft has exceeded TBO (3,500 hrs) — verify engine status and overhaul reserve.

FAA registration status: Valid. NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

FAA registration: Valid (SCHOENLE PAUL D)
Safety record: 0 NTSB incidents
Airframe: 3,798 hours — verify engine time vs TBO (3,500 hrs)
Compare prices across multiple sources — same aircraft, different marketplaces
Budget $525 for pre-purchase inspection

Piper Meridian — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
6
Cruise Speed
241 kts (446 km/h)
Max Speed
260 kts (482 km/h)
Range
1,000 nm (1,852 km)
Ceiling
30,000 ft (9,144 m)
Max Weight
5,092 lbs (2,310 kg)
Useful Load
1,362 lbs (618 kg)
Fuel Capacity
170 gal (643 L)
Fuel Burn
35 GPH (132 L/h)
TBO
3,500 hrs

Estimated Cost of Ownership

AeroGurus estimate

PIPER Meridian

Fuel Burn
35.0 GPH
~$228/hr
Variable Cost
$650/hr
fuel + mx + reserves
Annual Fixed
$100,000/yr
hangar + insurance + annual
Engine Overhaul
$300,000
every 3,500 hrs

AeroGurus estimates based on industry averages for the PIPER Meridian. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

Registered Owner

SCHOENLE PAUL D

Registration Address

SOUTH BEND, IN

Certificate Issued

2009-06-16

Airworthiness

2004-04-06

FAA Status

Valid

Source: FAA Aircraft Registry, updated Mar 15, 2026

Location & Ownership

FAA records

Aircraft Location

Bloomington, Indiana

Seller reported 16 more aircraft in Indiana →

Title Status

No FAA title records

Available for US-registered aircraft only

Location note: Listed in Bloomington, Indiana but FAA registration shows SOUTH BEND, IN. Aircraft may have been relocated. Confirm current location with seller.

Source: FAA Aircraft Registry, FAA Civil Aviation Registry (DocIndex). Title data may be delayed. Always verify with an aviation attorney before purchase.

Safety Record

No incidents found

NTSB database checked for N62CA.

Price History

3 price events · sources: controller.com, trade-a-plane.com

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Prices and listings re-checked on a rolling cycle — most within a few days · Data: FAA Registry, NTSB · About our data
Disclaimer: All prices, cost estimates, and market values shown are based on asking prices from third-party sources and are provided for informational purposes only. AeroGurus is not an appraiser, broker, or financial advisor. Always obtain a professional appraisal and independent inspection before making a purchase decision. Actual transaction prices may differ from asking prices.