NOT LISTED FOR SALE

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

Meridian Kessler Neighborhood

Estimated Value: $202,000 - $269,000

1 Bed
1 Bath
951 Sq Ft
218 Sq Ft Lot

Last Sold May 29, 2018

Last sale price $125,000 $131 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,431/month

1 Day on Market

Highlights

  • 1-Story Property
  • Combination Kitchen and Dining Room
  • 2-minute walk to Tarkington Park
  • Central Air
  • Garage

About This Home

As of May 2018

Want to live near downtown? This is it! 1 bed, 1 bath suite which includes a laundry room(washer/dryer included) in the unit and a 22"x6" balcony. The condo offers hardwood floors, new carpet, recently updated bath and kitchen. Kitchen has 24" Maple cabs, tile flooring, a breakfast bar and all appliances are included. Bathroom has new vanity, lighting and shower/bath. The Great Room is very large with wall to wall windows and access to the balcony that will quickly become one of your favorite rooms in the home. The Building offers a swimming pool, weight room, secured underground parking garage, a lockable storage unit, and additional laundry facilities. Walk to local breweries, Tarkington Park, The Children's Museum and local restaurants.

Last Agent to Sell the Property

James Lamson

F.C. Tucker Company License #RB14035596 Listed on: 05/02/2018

F.C. Tucker Company

Last Buyer's Agent

Karen French

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,190

Year Built

  • Built in 1963

Lot Details

  • 218

Parking

  • Garage

Home Design

  • Slab Foundation
  • Stone

Interior Spaces

  • 951 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 490613150130014801

Community Details

Overview

  • Association fees include common cooling, exercise room, common heat, ground maintenance, maintenance, pool, snow removal, trash, sewer
  • 40 North On Meridian Subdivision
  • Property managed by Kirkpatrick

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,190

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1963
  • Garage Y N: Yes
  • Subdivision Name: 40 NORTH ON MERIDIAN
  • Inspection Warranties: General
  • Property Description: Want to live near downtown? This is it! 1 bed, 1 bath suite which includes a laundry room(washer/dryer included) in the unit and a 22"x6" balcony. The condo offers hardwood floors, new carpet, recently updated bath and kitchen. Kitchen has 24" Maple cabs, tile flooring, a breakfast bar and all appliances are included. Bathroom has new vanity, lighting and shower/bath. The Great Room is very large with wall to wall windows and access to the balcony that will quickly become one of your favorite rooms in the home. The Building offers a swimming pool, weight room, secured underground parking garage, a lockable storage unit, and additional laundry facilities. Walk to local breweries, Tarkington Park, The Children's Museum and local restaurants.
  • Transaction Type: Sale
  • Floor Number: 3
  • Lifestyles: Flat
  • Unit Entry Level: ll
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 951
  • Other Equipment: Smoke Detector
  • Room Count: 4
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 951
  • Main Level Sq Ft: 951
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 951
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 125000
  • Association Maintained Building Exterior: 1

Garage/Parking

  • 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: 1
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Kirkpatrick
  • Management Company Phone: 317-570-4358
  • Condo Description Location: Building Common Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Common Cooling, Exercise Room, Common Heat, Maintenance Grounds, Maintenance, Pool, Snow Removal, Trash, Sewer
  • Mandatory Fee: 359

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490613150130014801
  • Acres: CndHPRCoop
  • Lot Number: 3C
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2190
  • Semi Annual Property Tax Amt: 1095
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2024
Sold by
Fitzsimmons Walter
Bought by
Johnson Joanne
Current Estimated Value
$233,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Outstanding Balance
$137,013
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$96,411

Purchase Details

Listed on
May 2, 2018
Closed on
May 29, 2018
Sold by
Member Sole
Bought by
Fitzsimmons Walter and Dutton Yvonne
Seller's Agent
James Lamson
F.C. Tucker Company
Buyer's Agent
Karen French
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%

Purchase Details

Closed on
Aug 28, 2012
Sold by
Members/Managers Of Meridian Properties
Bought by
Pirone Property Group Llc
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
Johnson Joanne $219,000 First American Title
Fitzsimmons Walter $125,000 --
Fitzsimmons Walter $125,000 Title Services, Llc
Pirone Property Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Joanne $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2018 05/29/18 Sold $125,000 0.0% $131 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $125,000 -- $131 / 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 $2,318 $196,600 $14,400 $182,200
2023 $2,318 $194,100 $14,400 $179,700
2022 $1,989 $165,600 $14,400 $151,200
2021 $1,891 $161,000 $14,400 $146,600
2020 $1,884 $159,900 $14,400 $145,500
2019 $1,440 $121,300 $14,400 $106,900
2018 $2,189 $89,900 $14,400 $75,500
2017 $1,811 $83,100 $14,400 $68,700
2016 $1,214 $52,800 $14,400 $38,400
2014 $1,228 $56,800 $14,400 $42,400
2013 $1,102 $53,000 $14,400 $38,600
Source: Public Records

Agents Affiliated with this Home

  • James Lamson

    Seller's Agent in 2018

    James Lamson

    F.C. Tucker Company

    (317) 435-7074

    67 Total Sales

    James Lamson
    Section Image

  • K

    Buyer's Agent in 2018

    Karen French

See All Agents

About Meridian Tower East

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21563286

MIBOR Broker Listing Cooperative®

APN: 49-06-13-150-130.014-801

Indiana Marion County Indianapolis 46205 Meridian Kessler

25 E 40th St Unit 3C, Indianapolis, IN

This home is located at 25 E 40th St Unit 3C, Indianapolis, IN 46205 since 02 May 2018 and is currently estimated at $233,424, approximately $245 per square foot. This property was built in 1963. 25 E 40th St Unit 3C 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 No. 721.

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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