$139,500
PENDING $16K PRICE DROP

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

Meridian Kessler Neighborhood

Estimated payment $1,593/month

Total Views 11,536
1 Bed
1 Bath
942 Sq Ft
$148 Price per Sq Ft

Highlights

  • Fitness Center
  • 1 Car Attached Garage
  • Laundry closet
  • Community Pool
  • Storage
  • 2-minute walk to Tarkington Park

About This Home

This home is located at 25 E 40th St Unit 3E, Indianapolis, IN 46205 and is currently priced at $139,500, approximately $148 per square foot. This property was built in 1965. 25 E 40th St Unit 3E 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).

Listing Agent

Robert Kincaid

Kincaid REALTORS, LLC Brokerage Email: kincaid@realtor.com License #RB14019107

Co-Listing Agent

Shirley Mueller

Kincaid REALTORS, LLC Brokerage Email: kincaid@realtor.com License #RB14033173

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1965

HOA Fees

  • $523 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Poured Concrete
  • Stone

Interior Spaces

  • 942 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer

Listing and Financial Details

  • Tax Lot 490613150130016801
  • Assessor Parcel Number 490613150130016801

Community Details

Overview

  • Association fees include home owners, common cooling, exercise room, insurance, lawncare, maintenance structure, maintenance, management, snow removal, trash
  • Association Phone (317) 570-4358
  • Mid-Rise Condominium
  • The Modern Subdivision
  • Property managed by Kirkpatrick Management Company

Recreation

Property Details

Home Type

Condominium

Year Built

Built in 1965

Lot Details

0

HOA Fees

$523 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1965
  • Building Area Total: 942
  • Co List Office Phone: 317-848-1118
  • Garage Y N: Yes
  • Subdivision Name: The Modern
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 3
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 3
  • F H A Certified: No
  • MBR_AttributionContact: kincaid@realtor.com
  • Attribution Contact: kincaid@realtor.com
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Laundry Connection in Unit, Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Storage, Supplemental Storage
  • Living Area: 942
  • Main Level Bedrooms: 1
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 942
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Stone
  • Direction Faces: North
  • Foundation Details: Poured Concrete
  • List Price: 139500

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Exercise Course, Fitness Center, Insurance, Maintenance, Management, Snow Removal, Trash
  • Association Fee: 523
  • Association Fee Frequency: Monthly
  • Association Phone: 317-570-4358
  • Association YN: Yes
  • Community Features: Fitness Center, Pool, Sidewalks
  • Management Company Name: Kirkpatrick Management Company
  • H O A Disclosures: Covenants & Restrictions,Rental Restrictions,Rules & Regulations
  • Condo Description Location: Building Common Entry,Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Common Cooling, Entrance Common, Exercise Room, Insurance, Lawncare, Maintenance Structure, Maintenance, Management, Snow Removal, Trash

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Horse Amenities: None
  • Parcel Number: 490613150130016801
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3550
  • Tax Lot: 490613150130016801
  • Semi Annual Property Tax Amt: 1775
  • Tax Exemption: None

Map

About Meridian Tower East

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $3,549 $149,400 $14,400 $135,000
2023 $3,549 $147,500 $14,400 $133,100
2022 $3,034 $126,400 $14,400 $112,000
2021 $2,887 $123,000 $14,400 $108,600
2020 $2,879 $122,200 $14,400 $107,800
2019 $2,258 $93,600 $14,400 $79,200
2018 $2,189 $89,900 $14,400 $75,500
2017 $1,811 $83,100 $14,400 $68,700
2016 $1,143 $52,800 $14,400 $38,400
2014 $1,228 $56,800 $14,400 $42,400
2013 $2,295 $53,000 $14,400 $38,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 -4.1% $159 / Sq Ft
09/25/2024 09/25/24 For Sale $155,900 -- $165 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Deed History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

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See All Homes in Indianapolis

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22003632

MIBOR Broker Listing Cooperative®

APN: 49-06-13-150-130.016-801

Indiana Marion County Indianapolis 46205 Meridian Kessler

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

Homes for Sale in Indianapolis, IN

This home is located at 25 E 40th St Unit 3E, Indianapolis, IN 46205 and is currently priced at $139,500, approximately $148 per square foot. This property was built in 1965. 25 E 40th St Unit 3E 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).

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Robert Kincaid
Listing Agent
Robert Kincaid
Section Image
Kincaid REALTORS, LLC
(463) 263-8994