N
Seller's Agent in 2025
Non-BLC Member
MIBOR REALTOR® Association
Meridian Tower East 25 E 40th St Unit 4K Indianapolis, IN 46205
Meridian Kessler Neighborhood
2
Beds
2
Baths
1,448
Sq Ft
$794/mo
HOA Fee
Highlights
- L-Shaped Dining Room
- Balcony
- Intercom
- Community Pool
- 1 Car Attached Garage
- 2-minute walk to Tarkington Park
About This Home
As of July 2025This home is located at 25 E 40th St Unit 4K, Indianapolis, IN 46205 and is currently priced at $235,000, approximately $162 per square foot. This property was built in 1965. 25 E 40th St Unit 4K is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Robert Lee Frost School 106, and Charles Warren Fairbanks School 105.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,470
Year Built
- Built in 1965
Lot Details
- 1 Common Wall
- Landscaped with Trees
HOA Fees
- $794 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Storage or Cabinetry
- Guest Parking
- Assigned Parking
Home Design
- Brick Exterior Construction
- Slab Foundation
- Stone
Interior Spaces
- 1,448 Sq Ft Home
- 1-Story Property
- Woodwork
- L-Shaped Dining Room
- Laminate Flooring
- Intercom
Kitchen
- Breakfast Bar
- Electric Oven
- Built-In Microwave
- Dishwasher
- Wine Cooler
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Outdoor Features
- Balcony
Utilities
- Heat Pump System
- Hot Water Heating System
- Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 490613150130028801
- Seller Concessions Not Offered
Community Details
Overview
- Association fees include common cooling, common heat, sewer, exercise room, insurance, management, snow removal
- Mid-Rise Condominium
- 40 North On Meridian Subdivision
- Property managed by Kirkpatrick Management
- The community has rules related to covenants, conditions, and restrictions
Recreation
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2025
Closed on
Jun 25, 2025
Sold by
Stearley James Kirby
Bought by
Vriesman Thomas Allen and Vriesman Karen Sue
Seller's Agent
Non-BLC Member
MIBOR REALTOR® Association
Buyer's Agent
Stevee Clifton
Compass Indiana, LLC
List Price
$235,000
Sold Price
$235,000
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,295
Avg. Annual Appreciation
1.00%
Original Mortgage
$70,500
Outstanding Balance
$70,382
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$165,913
Purchase Details
Closed on
Nov 5, 2020
Sold by
Clevenger Kimberla K
Bought by
Stearley James Kirby
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 23, 2017
Sold by
Madge M Clark By Latoya Dix Attorney I
Bought by
Kimberla K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
4.21%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 20, 2015
Sold by
Sprauer Douglas V
Bought by
Clark Madge M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 14, 2012
Sold by
Meridian Properties Llc
Bought by
Sprauer Douglas V
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Enterprise Title | |
| Warranty Deed | $215,000 | Title Services, Llc | |
| Deed | $112,000 | -- | |
| Deed | $112,000 | Enterprise Title | |
| Warranty Deed | -- | Chicago Title Company Llc | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $70,500 | New Conventional | |
| Previous Owner | $75,000 | New Conventional | |
| Previous Owner | $87,000 | New Conventional | |
| Previous Owner | $80,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Sold | $235,000 | 0.0% | $162 / Sq Ft |
| 07/09/2025 07/09/25 | Pending | -- | -- | -- |
| 07/09/2025 07/09/25 | For Sale | $235,000 | -- | $162 / 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 | $2,562 | $216,800 | $21,900 | $194,900 |
| 2023 | $2,562 | $214,100 | $21,900 | $192,200 |
| 2022 | $2,202 | $183,700 | $21,900 | $161,800 |
| 2021 | $2,094 | $178,700 | $21,900 | $156,800 |
| 2020 | $1,890 | $161,200 | $21,900 | $139,300 |
| 2019 | $1,476 | $124,200 | $21,900 | $102,300 |
| 2018 | $2,894 | $119,500 | $21,900 | $97,600 |
| 2017 | $1,350 | $126,300 | $21,900 | $104,400 |
| 2016 | $537 | $80,200 | $21,900 | $58,300 |
| 2014 | $1,868 | $86,400 | $21,900 | $64,500 |
| 2013 | -- | $80,500 | $21,900 | $58,600 |
Source: Public Records
Agents Affiliated with this Home
-
Non-BLC Member
-
Stevee Clifton
Buyer's Agent in 2025
Stevee Clifton
Compass Indiana, LLC
(317) 871-1185
54 in this area
239 Total Sales
About Meridian Tower East
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22049651
APN: 49-06-13-150-130.028-801
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