$145,000
SOLD SEP 23, 2019

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

Meridian Kessler Neighborhood
2 Beds
1 Bath
1,203 Sq Ft
218 Sq Ft Lot

Recently Sold

$121 Per Sq Ft

3% Below List Price

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

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

Similar Homes in Indianapolis, IN

  • 5933 Deerwood Ct, Indianapolis, IN 46254

    $159,900

    • 3 Beds
    • 1.5 Baths
    • 1,300 Sq Ft
    • 5933 Deerwood Ct
    • Indianapolis, IN

    Nestled at 5933 Deerwood CT, INDIANAPOLIS, IN, this condominium offers an attractive property in great condition, presenting a superb opportunity to embrace comfortable living within a desirable community. The three-bedroom layout provides ample space for personalized design, creating an environment conducive to both relaxation and productivity, while the presence of one full bathroom and one

    Chandra Sekhar Alokam Forthright Real Estate

    Section Image
  • 1632 Queensbridge Square Unit 7, Indianapolis, IN 46219

    $154,900

    • 3 Beds
    • 2 Baths
    • 1,484 Sq Ft
    • 1632 Queensbridge Square
    • Unit 7
    • Indianapolis, IN

    This spacious condo has just been completely renovated with fresh paint, new carpet, and luxury vinyl plank flooring. The primary bedroom has two closets and an on-suite bathroom. The two other bedrooms share a second bathroom. Both bathrooms have been updated with new vanities, mirrors & fixtures. The kitchen has new flooring and all Frigidaire appliances have been updated in 2023 or 2025. The

    Lisa McCoy CENTURY 21 Scheetz

    Section Image
  • 3664 Reflections Ln Unit 2, Indianapolis, IN 46214

    $178,500

    • 2 Beds
    • 2 Baths
    • 1,049 Sq Ft
    • 3664 Reflections Ln
    • Unit 2
    • Indianapolis, IN

    Just Listed: 3664 Reflections Lane: Welcome home to this beautifully updated 2 bed, 2 bath ranch located in a quiet, low-maintenance community on Indy's west side. From the moment you step inside, you'll notice the spacious feel created by 9-foot ceilings and fresh interior paint that gives the entire home a clean, modern look. The open-concept kitchen shines with newer stainless steel

    Todd Messer @properties

    Section Image
  • 7347 Chapel Villas Ln Unit C, Indianapolis, IN 46214

    $180,000

    • 2 Beds
    • 2 Baths
    • 1,063 Sq Ft
    • 7347 Chapel Villas Ln
    • Unit C
    • Indianapolis, IN

    This 2 bedroom/2 bath home has been fully remodeled and is move in ready for its next homeowner! Primary Bedroom has a large walk-in closet and a spacious primary bath with a large walk-in shower! This condominium also has a guest room and a full-size bathroom. The Living room and dining room are combined with a gas fireplace. Kitchen includes all new appliances and ample space for all your

    Dana Wright RE/MAX Advanced Realty

    Section Image
  • 3965 N Meridian St Unit 2G, Indianapolis, IN 46208

    $119,900

    • 2 Beds
    • 1 Bath
    • 941 Sq Ft
    • 3965 N Meridian St
    • Unit 2G
    • Indianapolis, IN

    Great value on this 2bd/1ba condo near the heart of Indy! Quick access to almost every shopping, dining & entertainment experience the Circle City has to offer! Enjoy freedom & ease w/ HOA that includes water, cooling, heating, sewer + community pool & workout room. 2nd flr unit boasts great floorplan providing plenty of natural sunlight w/ south facing windows. Kitchen w/ maple cabinets, tile

    Andrew Liechty F.C. Tucker Company

    Section Image
  • 3965 N Meridian St Unit 3G, Indianapolis, IN 46208

    $120,000

    • 1 Bed
    • 1 Bath
    • 941 Sq Ft
    • 3965 N Meridian St
    • Unit 3G
    • Indianapolis, IN

    Experience the perfect blend of comfort and convenience in this 1-bedroom/1 bath condo at The Modern, just minutes from downtown Indianapolis. Inside, you'll find brand new countertops, a spacious open-concept layout, and oversized south-facing windows that flood the space with natural light and showcase city views. The kitchen offers ample cabinet space, a breakfast bar, and modern finishes

    Jazmine Allen Homes Unlimited

    Section Image
  • 3965 N Meridian St Unit 3J West, Indianapolis, IN 46208

    $169,900

    • 2 Beds
    • 2 Baths
    • 1,160 Sq Ft
    • 3965 N Meridian St
    • Unit 3J West
    • Indianapolis, IN

    Conveniently located, maintenance free, end-unit condo located in Meridian Kessler neighborhood and just minutes from downtown. Hop on your bike and head to the Monon, Broad Ripple, Newfields, Butler and IUPUI - to say the location is perfect would be an understatement! Enjoy your light and bright 2 bedroom, 2 bathroom condo without having to lift a finger. Rooms are spacious and offer tons of

    Megan Porterfield Keller Williams Indpls Metro N

    Section Image
  • 3965 N Meridian St Unit 6C, Indianapolis, IN 46208

    $135,000

    • 1 Bed
    • 1 Bath
    • 942 Sq Ft
    • 3965 N Meridian St
    • Unit 6C
    • Indianapolis, IN

    Location, lifestyle, and low price! This affordable and stylish midtown condo offers everything you need for easy living. Enjoy significant natural light and a stunning view from your wall of windows overlooking the city. This updated unit features an open floor plan with extra large great room, perfect to accommodate a living room and dedicated office space. The adjacent dining room offers

    Angela Delise Keller Williams Indpls Metro N

    Section Image
  • 4000 N Meridian St Unit 14A, Indianapolis, IN 46208

    $119,900

    • 1 Bed
    • 1 Bath
    • 1,000 Sq Ft
    • 4000 N Meridian St
    • Unit 14A
    • Indianapolis, IN

    There is a spectacular view of Indpls from this 14th floor condo in iconic Tarkington Towers. Ideally situated between Downtown Indy and terrific North side neighborhoods of Meridian Kessler/Butler Tarkington and Broad Ripple, this is maintenance free living with endless amenities. The unit needs work but offers a wonderful canvas to create your own personal oasis. The condo also boasts 2 rare

    Matthew O'Brien Indianapolis Brokerage Firm

    Section Image
See All Homes in Indianapolis

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $145,000 None Available
Deed $75,000 --
Deed $75,000 Fidelity National Title
Warranty Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
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
See All Agents

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 and is currently priced at $145,000, approximately $120 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.

Nearby Homes