Meridian Tower East 25 E 40th St Unit 3E Indianapolis, IN 46205
Meridian Kessler Neighborhood
1
Bed
1
Bath
942
Sq Ft
$523/mo
HOA Fee
Highlights
- Fitness Center
- 1 Car Attached Garage
- Laundry closet
- Community Pool
- Storage
- 2-minute walk to Tarkington Park
About This Home
As of May 2025This home is located at 25 E 40th St Unit 3E, Indianapolis, IN 46205 and is currently priced at $132,000, approximately $140 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).
Last Agent to Sell the Property
Kincaid REALTORS, LLC Brokerage Email: kincaid@realtor.com License #RB14019107 Listed on: 09/25/2024
Co-Listed By
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
- Seller Concessions Not Offered
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2024
Closed on
May 6, 2025
Sold by
Parvin Clayton A and Parvin Holmes
Bought by
Hayden Amy
Seller's Agent
Robert Kincaid
Kincaid REALTORS, LLC
Buyer's Agent
David McBeath
F.C. Tucker Company
List Price
$155,900
Sold Price
$132,000
Premium/Discount to List
-$23,900
-15.33%
Views
74
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.42%
Purchase Details
Closed on
Oct 11, 2012
Sold by
Meridian Group Llc and Meridian Properties Llc
Bought by
Clayton A Holmes And Parvin Holmes Re
Similar Homes in Indianapolis, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | Sold | $132,000 | -5.4% | $140 / Sq Ft |
| 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®
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Robert Kincaid
Seller's Agent in 2025
Robert Kincaid
Kincaid REALTORS, LLC
(317) 431-6176
1 in this area
64 Total Sales
-
Shirley Mueller
Seller Co-Listing Agent in 2025
Shirley Mueller
Kincaid REALTORS, LLC
(317) 431-9544
1 in this area
58 Total Sales
-
David McBeath
Buyer's Agent in 2025
David McBeath
F.C. Tucker Company
(317) 450-9633
1 in this area
61 Total Sales
About Meridian Tower East
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22003632
APN: 49-06-13-150-130.016-801
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