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Turboprop

2015 PIPER MERIDIAN

🕒 Listed 2 months ago
$1,950,000
fyiEstimate $1,453,000–$1,490,000 ⓘ How this estimate is built

Starts from the median asking price of 27 comparable Piper MERIDIAN listings ($1,275,000), then adjusts for:

  • Year +7 vs comparable listings +10.5%
  • Airframe time -1,315 hr vs comps +2.6%
  • Engine time -1,300 hr vs comps +9.1%
  • No Modern GPS navigator (56% of comps have one) -2.6%
  • ADS-B (70% of comps) +0.8%
  • Market supply: 19 for sale of 130 FAA-registered -5.0%

Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.

2015
970 hrs
N138CM ✈ Flight Tracking
Oct 13, 2026 (6 days ago)
4697579
PRATT & WHITNEY PT6A-42A
1
HARTZELL
KFTW
📍 Gretna, Nebraska
Mam Consulting LLC
Per the FAA aircraft registry (public record)

Overview

Make / ModelPiper MERIDIAN
TypeTurboprop
Airframe time970 hrs
Engine time900 SNEW
Prop blades4
Avionics / flight deckGARMIN G1000
Avionics / TransponderGARMIN GTX 335R
Avionics / Primary flight displayGarmin GIA63W, ASA G1000
Avionics / AutopilotGarmin GFC 700
Avionics / Audio panelGarmin GMA1347
Avionics / Weather radarGWX68
Avionics / Datalink weatherGDL69A
ADS-BYes
AnnualNovember 2025
InspectionAnnual
Autopilot FIKI / known ice ADS-B

Description

Low Time l Service Center Maintained l Great Cosmetics l No Damage History l Complete Logs 2015 Piper Meridian — Low Time | Service Center Maintained | No Damage History A late-model, low-time Piper Meridian that checks all the boxes. If you’re looking for a Meridian, this is the kind of airplane that deserves a close look. This 2015 Piper Meridian is a low-time example that has been professionally maintained and presents exceptionally well. The aircraft has been service center maintained, with complete logs and no damage history, giving the next owner the confidence that comes with a well-documented and professionally cared-for aircraft. Cosmetically, this Meridian is equally impressive. The aircraft presents beautifully inside and out, making it an attractive choice for an owner who wants both the capability of a turbine aircraft and the pride of ownership that comes with a great-looking airplane. The Meridian delivers an outstanding combination of turboprop performance, efficiency, pressurization, and single-engine simplicity. And with this aircraft's late model year, low time, complete records, and service-center maintenance, it offers an excellent opportunity to move into a modern turbine aircraft without moving into the price range of a brand-new aircraft. Low Time • Service Center Maintained • Great Cosmetics • No Damage History • Complete Logs A Meridian this well-presented doesn't come along every day. Turn the key and start your next adventure.

Avionics

Garmin G1000 -Dual Garmin 10” Primary Flight Displays with Synthetic Vision -Garmin 15” Multi Function Display -Garmin GMA1347 Audio Panels -Garmin GFC700 Flight Control System with YD/VS/ALT -Dual Garmin GIA63W NAV/COM/GPS/VOR/ILS/DME -Garmin GTX335R Remote ADSB Out Transponder -Garmin GTX345R Remote ADSB IN/Out Transponder TIS-B -Garmin GDL90 ADSB Datalink -Garmin GDL69A XM Weather and Music -Garmin GWX68 Live Weather Radar -Iridium Satellite Phone Connected through G1000

Service Difficulty Reports (SDRs)

Checking FAA service difficulty reports…

Airworthiness Directives (ADs)

Checking airworthiness directives…

How this aircraft compares

Where this Piper MERIDIAN lands versus other Piper MERIDIAN listings on fyiAero.

Price

99th pct
$789k$1.9MThis aircraft · $1.9M

$1.9M · 99th percentile of 32 listings

Airframe time

3rd pct
9704,719This aircraft · 970

970 hours total (TTAF) · 3rd percentile of 36 listings

Engine time

14th pct
73,455This aircraft · 900

900 hours since new · 14th percentile of 36 listings

Percentile = share of comparable listings at or below this value. Lower airframe/engine hours are generally fresher; price reflects the asking price only.

General

Year2015
ManufacturerPIPER
ModelMERIDIAN
Serial Number4697579
ConditionUsed
Registration #N138CM
FlightRulesIFR
Based atKFTW

Airframe

Total Time970

Engine 1

Engine 1 Make/ModelPRATT & WHITNEY PT6A-42A
Engine 1 Serial NumberPCE-RM0658
Engine 1 Time900 SNEW
Engine 1 TBO3600

Props

Prop 1 ManufacturerHARTZELL
Prop 1 Time900 SNEW
Number of Blades4

Avionics

Flight Deck Manufacturer/ModelGARMIN G1000
ADS-B EquippedYes
WAASYes
LPVYes
SVTYes
Avionics/RadiosGarmin G1000 -Dual Garmin 10” Primary Flight Displays with Synthetic Vision -Garmin 15” Multi Function Display -Garmin GMA1347 Audio Panels -Garmin GFC700 Flight Control System with YD/VS/ALT -Dual Garmin GIA63W NAV/COM/GPS/VOR/ILS/DME -Garmin GTX335R Remote ADSB Out Transponder -Garmin GTX345R Remote ADSB IN/Out Transponder TIS-B -Garmin GDL90 ADSB Datalink -Garmin GDL69A XM Weather and Music -Garmin GWX68 Live Weather Radar -Iridium Satellite Phone Connected through G1000

Additional Equipment

PressurizedYes
Flight Into Known Icing (FIKI)Yes

Interior

Year Interior2015
Number of Seats6
ConfigurationPassenger

Exterior

Year Painted2015

Inspection Status

Inspection StatusNovember 2025 Annual Piper Service Center Maintained Fuel Control Unit Set for Overhaul and Upgrade January 2026

Operating costs & specifications — Piper MERIDIAN

Typical model-level figures for the Piper MERIDIAN (not this specific airframe).

$94,309annual budget · 62 hrs/yr
$490variable cost / hour
$1.89cost per nm
$1,156,893avg pre-owned asking fyiEstimate  $1,453,000–$1,490,000

Performance & dimensions

Range1,018 nm
Cruise speed260 kts · 299 mph
Takeoff / landing1650.0 / 1020.0

About this plane

Single engine turboprop aircraft with retractable landing gear. The MERIDIAN seats up to 5 passengers plus 1 pilot.

Previous listing for N138CM

Previous listing photo of N138CM

2015 PIPER MERIDIAN

Then asking
$1.9M
Airframe
900 hrs
View previous listing ↗ · last seen Aug 2026

Range from base

Still-air range ring — type an aircraft to change it. Compare aircraft on the Range tool ›

Last flight

Actual flight path from FlightAware for N138CM. More flight tracking ›