NOT LISTED FOR SALE

Meridian Tower East 25 E 40th St Unit 2K Indianapolis, IN 46205

Meridian Kessler Neighborhood

Estimated Value: $228,000 - $247,100

2 Beds
2 Baths
1,448 Sq Ft
$771/mo HOA Fee

Last Sold May 11, 2024

Last sale price $230,000 $159 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,305/month

27 Days on Market

Highlights

  • Outdoor Pool
  • Thermal Windows
  • Breakfast Bar
  • Midcentury Modern Architecture
  • 1 Car Attached Garage
  • 2-minute walk to Tarkington Park

About This Home

As of May 2024

Are you looking for a stunning condo in the heart of Meridian Kessler? If so, look no further! This showstopper will instantly greet you with a spacious open concept living area that is flooded with sunlight throughout the day from the wall to wall south facing windows. The remarkable renovated kitchen features updated cabinetry providing ample storage, an eye-catching backsplash, granite countertops, & an oversized island with breakfast bar. Not only is this home perfect for entertaining, but the amenities are second to none. This community offers a salt water pool, 24 hour gym, 1st floor private meeting space, bicycle rack, & underground parking w/ storage. HOA fee covers heat, AC, water, trash, & exterior maintenance including landscaping & snow removal making condo living a dream. Enjoy all that Meridian Kessler has to offer with the best shopping and restaurants within walking distance & Tarkington Park just a block away. Don't miss out as this beauty won't last long!

Last Listed By

Heather Elrod

@properties Brokerage Email: heather@helrodrealty.com License #RB21002728 Listed on: 02/29/2024

@properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,064

Year Built

  • Built in 1965

Lot Details

  • 218

HOA Fees

  • $771 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Midcentury Modern Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Stone

Interior Spaces

  • 1,448 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Fence Around Pool

Community Details

  • Mid-Rise Condominium
  • The Modern Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490613150130012801

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,064

Year Built

Built in 1965

Lot Details

0

HOA Fees

$771 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Mid-Century Modern
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1965
  • Building Area Total: 1448
  • Garage Y N: Yes
  • Subdivision Name: The Modern
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 2
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: K
  • F H A Certified: No
  • MBR_AttributionContact: heather@helrodrealty.com
  • Attribution Contact: heather@helrodrealty.com
  • Special Features: None

Interior Features

  • Common Walls: End Unit
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Center Island, Hi-Speed Internet Availbl, Windows Thermal, Windows Vinyl
  • Living Area: 1448
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1448
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Stone
  • Foundation Details: Poured Concrete
  • List Price: 230000
  • Pool Features: Fenced, In Ground, Outdoor Pool, Salt Water
  • Pool Private Y N: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Attached
  • Garage Sq Ft: 0

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Electric
  • Heating: Hot Water
  • Laundry Features: Laundry Closet
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Fitness Center, Maintenance, Maintenance Grounds, Parking, Pool, Trash, Water
  • Association Fee: 771
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Condo Description Location: Building Common Entry
  • Condo Type: Horizontal

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Parcel Number: 490613150130012801
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2064
  • Tax Block: 0
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1032
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
May 9, 2024
Sold by
Cox Michelle
Bought by
Mccormick Beth
Seller's Agent
Heather Elrod
@properties
Buyer's Agent
Jennifer Melind
Berkshire Hathaway Home
List Price
$230,000
Sold Price
$230,000
Total Days on Market
27
Views
88
Current Estimated Value
$235,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,525
Avg. Annual Appreciation
2.33%

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 7, 2021
Sold by
Dunne Donal and Ryan Deborah
Bought by
Cox Michelle
Seller's Agent
James Kirby Stearley
F.C. Tucker Company
Buyer's Agent
Donald Detzler
Sweetwater Realty LLC
List Price
$184,900
Sold Price
$184,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$147,920
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jul 2, 2018
Sold by
Craig Chittick Matthew
Bought by
Deborah Ryan
Seller's Agent
Pegg Kennedy
F.C. Tucker Company
Buyer's Agent
James Kirby Stearley
F.C. Tucker Company
List Price
$179,900
Sold Price
$178,000
Premium/Discount to List
-$1,900
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.42%

Purchase Details

Closed on
Feb 27, 2013
Sold by
May Poa David
Bought by
Chittick Matthew Craig and Plienis Robert Lee

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
Mccormick Beth $230,000 Near North Title Group
Cox Michelle -- None Available
Deborah Ryan $178,000 --
Dunne Donal $178,000 Title Services, Llc
Chittick Matthew Craig $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cox Michelle $147,920
Previous Owner Plienis Robert L $8,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2024 05/11/24 Sold $230,000 0.0% $159 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $230,000 +24.4% $159 / Sq Ft
04/07/2021 04/07/21 Sold $184,900 0.0% $128 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $184,900 +3.9% $128 / Sq Ft
07/30/2018 07/30/18 Sold $178,000 -1.1% $123 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $179,900 -- $124 / 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 $2,588 $218,900 $21,900 $197,000
2023 $2,588 $216,200 $21,900 $194,300
2022 $2,223 $185,400 $21,900 $163,500
2021 $2,113 $180,300 $21,900 $158,400
2020 $2,116 $179,200 $21,900 $157,300
2019 $4,543 $190,400 $21,900 $168,500
2018 $1,631 $136,700 $21,900 $114,800
2017 $1,350 $126,300 $21,900 $104,400
2016 $537 $80,200 $21,900 $58,300
2014 $660 $86,400 $21,900 $64,500
2013 $558 $80,500 $21,900 $58,600
Source: Public Records

Agents Affiliated with this Home

  • Heather Elrod

    Seller's Agent in 2024

    Heather Elrod

    @properties

    (317) 496-6179

    3 in this area

    22 Total Sales

    Heather Elrod
    Section Image
  • Jennifer Melind

    Buyer's Agent in 2024

    Jennifer Melind

    Berkshire Hathaway Home

    (317) 418-4064

    22 in this area

    161 Total Sales

    Jennifer Melind
    Section Image

  • J

    Seller's Agent in 2021

    James Kirby Stearley

    F.C. Tucker Company

    (317) 600-6691

    Section Image

  • D

    Buyer's Agent in 2021

    Donald Detzler

    Sweetwater Realty LLC

    (317) 515-8649

    1 in this area

    18 Total Sales

    Section Image
  • Pegg Kennedy

    Seller's Agent in 2018

    Pegg Kennedy

    F.C. Tucker Company

    (317) 223-1692

    44 in this area

    234 Total Sales

    Pegg Kennedy
    Section Image
See All Agents

About Meridian Tower East

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21965931

MIBOR Broker Listing Cooperative®

APN: 49-06-13-150-130.012-801

Indiana Marion County Indianapolis 46205 Meridian Kessler

25 E 40th St Unit 2K, Indianapolis, IN

Homes for Sale in Indianapolis, IN

This home is located at 25 E 40th St Unit 2K, Indianapolis, IN 46205 since 29 February 2024 and is currently estimated at $235,525, approximately $162 per square foot. This property was built in 1965. 25 E 40th St Unit 2K 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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