NOT LISTED FOR SALE

Meridian Tower East 25 E 40th St Unit 1J Indianapolis, IN 46205

Meridian Kessler Neighborhood

Estimated Value: $186,962 - $245,000

2 Beds
1 Bath
1,203 Sq Ft
218 Sq Ft Lot

Last Sold September 23, 2019

Last sale price $145,000 $121 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,298/month

11 Days on Market

Highlights

  • Contemporary Architecture
  • Elevator
  • Central Air
  • Separate Formal Living Room
  • 1-Story Property
  • 2-minute walk to Tarkington Park

About This Home

As of September 2019

Updated 2 bdrm condo on main level of 40 North. Beautiful lobby with seating for inviting guests, opens to the pool and exercise room. Underground parking, elevators with a secure storage cage Heat/AC/Water/Sewer/Trash all provided in the HOA. Buyer pays electric, cable and monthly fee. Open floor plan-kitchen, dining, living room with huge windows. Updated bathroom. Pet friendly.

Last Agent to Sell the Property

Rita Spidel

United Real Estate Indpls License #RB14042022 Listed on: 08/13/2019

Last Buyer's Agent

Sean O’Connor

Berkshire Hathaway Home

Berkshire Hathaway Home

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,010

Year Built

  • Built in 1965

Lot Details

  • 218

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,203 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Family or Dining Combination

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 490613150130004801

Community Details

Overview

  • Association fees include entrance common entrance private exercise room insurance insurance maintenance grounds maintenance structure pool management
  • Mid-Rise Condominium
  • 40 North On Meridian Subdivision
  • Property managed by Kirkpatrick

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,010

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1965
  • Garage Y N: Yes
  • Subdivision Name: 40 NORTH ON MERIDIAN
  • Inspection Warranties: Not Applicable
  • Property Description: Updated 2 bdrm condo on main level of 40 North. Beautiful lobby with seating for inviting guests, opens to the pool and exercise room. Underground parking, elevators with a secure storage cage Heat/AC/Water/Sewer/Trash all provided in the HOA. Buyer pays electric, cable and monthly fee. Open floor plan-kitchen, dining, living room with huge windows. Updated bathroom. Pet friendly.
  • Transaction Type: Sale
  • Floor Number: 1
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 1
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Disposal,Microwave,Electric Oven,Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors,Storage
  • Living Area: 1203
  • Other Equipment: Elevator Common
  • Room Count: 5
  • Areas Interior: Living Room Formal
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1203
  • Main Level Sq Ft: 1203
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Shower Stall Full
  • Total Sq Ft: 1203
  • Kitchen Features: Kitchen Galley,Kitchen Updated
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Pool In Ground,Pool Community
  • Foundation Details: Slab
  • List Price: 149900
  • Association Maintained Building Exterior: 1

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Other
  • Garage Parking Other: Assigned Parking

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Hot Water
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available
  • Water Heater: Other

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Kirkpatrick
  • Condo Description Location: Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Entrance Common,Entrance Private,Exercise Room,Insurance,Insurance,Maintenance Grounds,Maintenance Structure,Pool,Management
  • Mandatory Fee: 482

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490613150130004801
  • Acres: CndHPRCoop
  • Lot Number: 0
  • Lot Size: HPR

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2010
  • Semi Annual Property Tax Amt: 1005
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2019
Closed on
Sep 23, 2019
Sold by
Doyle Daniel W and Doyle Donna M
Bought by
Ben-Yehoshua Adi
Seller's Agent
Rita Spidel
United Real Estate Indpls
Buyer's Agent
Sean O’Connor
Berkshire Hathaway Home
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Current Estimated Value
$213,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,241
Avg. Annual Appreciation
6.02%

Purchase Details

Listed on
Mar 31, 2017
Closed on
Jun 29, 2017
Sold by
John John F and John Gause W
Bought by
Daniel W
Seller's Agent
James Kirby Stearley
F.C. Tucker Company
Buyer's Agent
Rita Spidel
United Real Estate Indpls
List Price
$115,000
Sold Price
$75,000
Premium/Discount to List
-$40,000
-34.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.58%

Purchase Details

Closed on
Dec 17, 2009
Sold by
Meridian Group Llc
Bought by
Gause Josh
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ben-Yehoshua Adi $145,000 None Available
Daniel W $75,000 --
Doyle Daniel W $75,000 Fidelity National Title
Gause Josh -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ben-Yehoshua Adi $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2019 09/23/19 Sold $145,000 -3.3% $121 / Sq Ft
08/25/2019 08/25/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $149,900 +99.9% $125 / Sq Ft
07/03/2017 07/03/17 Sold $75,000 -11.8% $62 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
06/05/2017 06/05/17 Price Changed $85,000 -5.6% $71 / Sq Ft
05/23/2017 05/23/17 Price Changed $90,000 -5.3% $75 / Sq Ft
04/27/2017 04/27/17 Price Changed $95,000 -9.5% $79 / Sq Ft
04/17/2017 04/17/17 Price Changed $105,000 -8.7% $87 / Sq Ft
03/31/2017 03/31/17 For Sale $115,000 -- $96 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,988 $170,500 $18,100 $152,400
2023 $1,988 $168,400 $18,100 $150,300
2022 $1,730 $144,600 $18,100 $126,500
2021 $1,647 $140,700 $18,100 $122,600
2020 $1,641 $139,800 $18,100 $121,700
2019 $853 $87,700 $18,100 $69,600
2018 $2,058 $84,400 $18,100 $66,300
2017 $2,262 $104,300 $18,100 $86,200
2016 $1,424 $66,300 $18,100 $48,200
2014 $1,542 $71,300 $18,100 $53,200
2013 $2,880 $66,500 $18,100 $48,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Rita Spidel

    United Real Estate Indpls

    Section Image

  • S

    Buyer's Agent in 2019

    Sean O’Connor

    Berkshire Hathaway Home

    Section Image

  • T

    Buyer Co-Listing Agent in 2019

    Timothy O'Connor

    Berkshire Hathaway Home

    Section Image

  • J

    Seller's Agent in 2017

    James Kirby Stearley

    F.C. Tucker Company

    Section Image
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About Meridian Tower East

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21660309

MIBOR Broker Listing Cooperative®

APN: 49-06-13-150-130.004-801

Indiana Marion County Indianapolis 46205 Meridian Kessler

25 E 40th St Unit 1J, Indianapolis, IN

This home is located at 25 E 40th St Unit 1J, Indianapolis, IN 46205 since 13 August 2019 and is currently estimated at $213,241, approximately $177 per square foot. This property was built in 1965. 25 E 40th St Unit 1J 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).

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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