John Mellencamp “Planning to Propose Soon” to Meg Ryan

'Closer Weekly' has exclusively learned that John Mellencamp — who recently reunited with Meg Ryan — could be taking their relationship to the next level!

A friend tells 'Closer' that John's willingness to move to New York "means the world to her" and has solidified their relationship. In fact, the friend tells 'Closer' that John is planning to propose marriage very soon.

“John has a big romantic streak,” the pal exclusively tells 'Closer.' “He will come up with something to sweep her off her feet. He loves grand, romantic gestures.”

John is about to go on tour, but he’s taking two weeks off in early April, “and if I were a betting man, that’s when he’s going to get down on bended knee,” the friend confides to 'Closer,' who predicts that the wedding will follow the engagement quickly, before the end of 2015.“They aren’t some lovestruck teenagers, and they’ve been together for a long time now,” the pal says. “I don’t think they would be looking at stretching this engagement out.”

Related Story: Exclusive: Friends of John Mellencamp Reveal, "He Would Move to NYC for Meg Ryan"

The pair went through a brief split in August after a three-year romance, due to distance — she resides in New York City while he has famously deep roots in Indiana. As 'Closer' previously reported, John has told Meg he would move to New York if it meant she would take him back.

For all the latest celebrity couple news, pick up the new issue of 'Closer Weekly,' on newsstands now!