$299,000

Meridian Tower East 25 E 40th St Unit 1B/D Indianapolis, IN 46205

Meridian Kessler Neighborhood

Estimated payment $3,004/month

Total Views 246
2 Beds
2 Baths
1,746 Sq Ft
$171 Price per Sq Ft

Highlights

  • Very Popular Property
  • Wood Flooring
  • Breakfast Bar
  • Midcentury Modern Architecture
  • 2 Car Attached Garage
  • 2-minute walk to Tarkington Park

About This Home

Don't miss this exceptional opportunity to own a rare first-floor unit at The Modern; a stylish mid-century mid-rise located in Meridian-Kessler directly across from Tarkington Park which is now undergoing a $3M+ redevelopment. This spacious 2-bedroom, 2-bath condo offers thoughtful design with two flexible nooks-perfect for home workstations-along with a separate laundry room, generous storage, and 9' ceilings. The beautifully renovated kitchen boasts gorgeous finishes, an entertainer's counter/breakfast bar, a convection/induction range with a warming drawer, and abundant cabinetry. The floorplan flows with the kitchen opening to the living and dining areas. Lots of light here as there are large windows in each room. The primary suite features a dedicated bath with a garden tub, separate shower, heated floor, and double sinks. Plus a walk-in closet. There's an in unit laundry room plus a community laundry room if you ever need it. Cozy up by the electric fireplace or step outside to your large, private patio-ideal for relaxing, gardening, or hosting friends. This oversized patio is unique at the Modern and is a highly desirable feature! Enjoy the community pool, workout room, classy lobby/resident relaxation areas, bicycle storage room, individual storage space, and a secure below ground parking garage (this unit comes with two assigned parking spaces) Midtown convenience meets comfortable living. YOU WILL LOVE IT!

Listing Agent

Scott Lacy

Asset One Real Estate Company Brokerage Email: scott@lacysells.com License #RB14014110 Listed on: 06/19/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,784

Year Built

  • Built in 1965

HOA Fees

  • $1,106 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,746 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Combination Dining and Living Room
  • Laundry in Basement

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Additional Features

  • Patio
  • 1 Common Wall

Community Details

  • Association fees include common cooling, common heat, sewer, exercise room, insurance, ground maintenance, maintenance structure, maintenance, management
  • Mid-Rise Condominium
  • 40 North On Meridian Subdivision
  • Property managed by Kirkpatrick
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 8063362
  • Assessor Parcel Number 490613150130000801

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,784

Year Built

Built in 1965

Lot Details

0

HOA Fees

$1,106 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Mid-Century Modern
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1965
  • Building Area Total: 1746
  • Garage Y N: Yes
  • Subdivision Name: 40 North On Meridian
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: scott@lacysells.com
  • Attribution Contact: scott@lacysells.com
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall, End Unit
  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, MicroHood, Convection Oven, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Hardwood Floors
  • Living Area: 1746
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1746
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Other
  • Foundation Details: Other
  • List Price: 299000
  • Patio And Porch Features: Open Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Assigned, Attached, Storage
  • Garage Parking Other: Shared Garage

Utilities

  • Heating: Hot Water
  • Laundry Features: Main Level, In Basement
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Amenities: Exercise Course, Fitness Center, Insurance, Maintenance Grounds, Maintenance, Management
  • Association Fee: 1106
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Management Company Name: Kirkpatrick
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Ground Level
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Common Cooling, Common Heat, Sewer, Exercise Room, Insurance, Maintenance Grounds, Maintenance Structure, Maintenance, Management

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Parcel Number: 490613150130000801
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2784
  • Tax Lot: 8063362
  • Semi Annual Property Tax Amt: 1392
  • Tax Exemption: Homestead Tax Exemption

Map

About Meridian Tower East

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $299,000 -- $171 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22045847

MIBOR Broker Listing Cooperative®

Indiana Marion County Indianapolis 46205 Meridian Kessler

25 E 40th St Unit 1B/D, Indianapolis, IN

This home is located at 25 E 40th St Unit 1B/D, Indianapolis, IN 46205 and is currently priced at $299,000, approximately $171 per square foot. This property was built in 1965. 25 E 40th St Unit 1B/D is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Arsenal Technical High School, and George Washington Community High School (9-12).

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Scott Lacy
Listing Agent
Scott Lacy
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Asset One Real Estate Company
(317) 742-6154