$235,000

Meridian Tower East 25 E 40th St Unit 3 Floor 3 Indianapolis, IN 46205

Meridian Kessler Neighborhood

Estimated payment $2,312/month

2 Beds
2 Baths
1,448 Sq Ft
$162 Price per Sq Ft

Highlights

  • Fitness Center
  • Wood Flooring
  • Porch
  • Midcentury Modern Architecture
  • End Unit
  • 2-minute walk to Tarkington Park

About This Home

BEAUTIFUL POSITIONING: This northeast positioned 2 bed/2 bath corner-unit condo has a private balcony in the treetops and (literally) walls of windows in the living area AND the 2 bedrooms to bring in as much daylight as you wish. A Mid-Century treasure located in Meridian-Kessler, this offers reserved underground parking, a thorough security strategy, a thoughtful workout facility, meeting room availability, and an outdoor pool with generous deck. Each living area is larger than expected. Guest may park on the circular drive out front and you'll simply "buzz" them in. The exterior is beautifully maintained and crisply landscaped. And all this is simultaneously close to downtown, close to I-65, close to I-465, close to the north suburbs (and, um, some great carryout places, too!). Make this yours and start enjoying your morning coffee on the balcony watching the sun rise!

Listing Agent

Jeff Schafer

F.C. Tucker Company Brokerage Email: jeff.schafer@talktotucker.com License #RB15000289 Listed on: 05/19/2026

F.C. Tucker Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,688

Year Built

  • Built in 1965

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $841 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Midcentury Modern Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 1,448 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Family or Dining Combination
  • Storage
  • Laundry in unit

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 490613150098005801

Community Details

Overview

  • Association fees include home owners, common heat, sewer, custodian, exercise room, insurance, irrigation, laundry connection in unit, lawncare, maintenance, management, security, snow removal, trash
  • Association Phone (317) 570-4358
  • The Modern Subdivision
  • Property managed by Kirkpatrick Management

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,688

Year Built

Built in 1965

Lot Details

0 Sq Ft Lot

HOA Fees

$841 per month

Parking

1

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: 1448
  • Entry Level: 3
  • Garage Y N: Yes
  • Subdivision Name: The Modern
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 3
  • Lifestyles: Flat,Mid Rise/High Rise
  • F H A Certified: No
  • Attribution Contact: jeff.schafer@talktotucker.com
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls, End Unit
  • Basement: No
  • Appliances: Dishwasher, Disposal, Oven, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wired for Data, Pantry, Storage
  • Living Area: 1448
  • Eating Area: Dining Combo/Great Room
  • 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

Exterior Features

  • Construction Materials: Brick, Block, Wood Siding, Other
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Porch
  • Pool Private Y N: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Attached, Garage Door Opener, Storage, Other
  • Garage Parking Other: Floor Drain,Garage Door Opener,Guest Street Parking,Shared Garage,Other

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Hot Water
  • Laundry Features: In Unit
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Exercise Course, Fitness Center, Insurance, Coin Laundry, Laundry, Maintenance, Management, Security, Snow Removal, Trash
  • Association Fee: 841
  • Association Fee Frequency: Monthly
  • Association Phone: 317-570-4358
  • Association YN: Yes
  • Community Features: Curbs, Fitness Center, Sidewalks, Street Lights
  • Management Company Name: Kirkpatrick Management
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations,Transfer Fee
  • Condo Description Location: Building Common Entry,Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Common Heat, Sewer, Custodian, Entrance Common, Exercise Room, Insurance, Irrigation, Laundry Connection In Unit, Lawncare, Maintenance, Management, Security, Snow Removal, Trash

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Parcel Number: 490613150098005801
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 2688
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1344
  • Tax Exemption: Homestead Tax Exemption

Map

About Meridian Tower East

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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 List to Sale Price per Sq Ft Prior Sale
05/19/2026 05/19/26 For Sale $235,000 +78.0% $162 / Sq Ft
05/08/2025 05/08/25 Sold $132,000 -5.4% $140 / Sq Ft View Prior Sale
04/05/2025 04/05/25 Pending -- -- --
03/26/2025 03/26/25 Price Changed $139,500 -6.7% $148 / Sq Ft
03/06/2025 03/06/25 Price Changed $149,500 -31.7% $159 / Sq Ft
11/20/2024 11/20/24 Sold $219,000 -2.7% $230 / Sq Ft View Prior Sale
10/04/2024 10/04/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $225,000 +44.3% $237 / Sq Ft
09/25/2024 09/25/24 For Sale $155,900 -- $165 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22103211

MIBOR Broker Listing Cooperative®
Indiana Marion County Indianapolis 46205 Meridian Kessler

25 E 40th St Unit 3, Indianapolis, IN

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MIBOR Broker Listing Cooperative® 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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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Jeff Schafer
Listing Agent
Jeff Schafer
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F.C. Tucker Company
(463) 363-0321
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