$209,900
$15K PRICE DROP

Meridian Tower East 25 E 40th St Unit 5J Floor 5 Indianapolis, IN 46205

Meridian Kessler Neighborhood

Estimated payment $2,118/month

Total Views 5,252
2 Beds
2 Baths
1,448 Sq Ft
$145 Price per Sq Ft

Highlights

  • Fitness Center
  • End Unit
  • Community Pool
  • Midcentury Modern Architecture
  • Neighborhood Views
  • 2-minute walk to Tarkington Park

About This Home

Welcome to The Modern! Enjoy the maintenance free lifestyle in this desirable fifth floor end unit condo. The unit features beautiful grey laminate flooring throughout the kitchen and large open concept dining and living area with tons of natural light from the large windows featuring custom blinds throughout with room darkening for the bedrooms. The private patio is the perfect place for your morning coffee. Stainless steel appliances and a stacked washer/dryer are included. The large master bedroom has even more natural light with an en-suite full bath. Also, there is a second bedroom and a second full bath. The centrally located property gives you a short trip to downtown Indy or Broad Ripple. Amenities include secure underground parking, a pool and 24hr fitness center. HOA fees include all heat/AC/water/sewer/trash.

Listing Agent

Michael Colter

Indy Real Estate Consulting License #RB14037833 Listed on: 11/17/2025

Co-Listing Agent

Nicholas Krudy

Indy Real Estate Consulting License #RB14050622

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,688

Year Built

  • Built in 1965

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $794 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 5th floor
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,448 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Family or Dining Combination
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Private Water Source
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 49-06-13-150-130.035-801
  • Assessor Parcel Number 490613150130035801

Community Details

Overview

  • Association fees include common cooling, common heat, sewer, lawncare, ground maintenance, maintenance structure, maintenance, management, snow removal, trash
  • Association Phone (317) 570-4358
  • Mid-Rise Condominium
  • The Modern Subdivision
  • Property managed by Kirkpatrick

Recreation

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,688

Year Built

Built in 1965

Lot Details

0

HOA Fees

$794 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: 5
  • Garage Y N: Yes
  • Subdivision Name: The Modern
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 5
  • Lifestyles: Mid Rise/High Rise
  • F H A Certified: No
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall, End Unit
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Hi-Speed Internet Availbl, Wood Work Painted
  • Living Area: 1448
  • Eating Area: Dining Combo/Family 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
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Covered
  • View: Neighborhood
  • View Y N: Yes
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Attached, Garage Door Opener, Storage

Utilities

  • Cooling: Central Air
  • Heating: Hot Water
  • Laundry Features: Connections All, Laundry Closet
  • Security Features: Smoke Detector(s)
  • Water Source: Private
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Maintenance Grounds, Maintenance, Management, Snow Removal, Trash
  • Association Fee: 794
  • Association Fee Frequency: Monthly
  • Association Phone: 317-570-4358
  • Association YN: Yes
  • Community Features: Fitness Center, Pool
  • Management Company Name: Kirkpatrick
  • H O A Disclosures: Covenants & Restrictions,Rental Restrictions,Rules & Regulations,Transfer Fee
  • Condo Description Location: Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Common Cooling, Common Heat, Sewer, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Management, Snow Removal, Trash

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Parcel Number: 490613150130035801
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 2688
  • Tax Lot: 49-06-13-150-130.035-801
  • Semi Annual Property Tax Amt: 1344
  • Tax Exemption: Homestead Tax Exemption

Map

About Meridian Tower East

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $2,687 $227,100 $21,900 $205,200
2023 $2,687 $224,300 $21,900 $202,400
2022 $2,307 $192,200 $21,900 $170,300
2021 $2,192 $186,900 $21,900 $165,000
2020 $2,186 $185,800 $21,900 $163,900
2019 $1,689 $142,300 $21,900 $120,400
2018 $1,631 $136,700 $21,900 $114,800
2017 $1,350 $126,300 $21,900 $104,400
2016 $537 $80,200 $21,900 $58,300
2014 $660 $86,400 $21,900 $64,500
2013 $1,716 $80,500 $21,900 $58,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2025 12/07/25 Price Changed $209,900 -6.7% $145 / Sq Ft
11/17/2025 11/17/25 For Sale $224,900 -- $155 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $175,000 None Available
Warranty Deed -- None Listed On Document
Limited Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $166,250 New Conventional
Closed $166,250 New Conventional
Previous Owner $149,124 New Conventional
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22067528

MIBOR Broker Listing Cooperative®

APN: 49-06-13-150-130.035-801

Indiana Marion County Indianapolis 46205 Meridian Kessler

25 E 40th St Unit 5J, Indianapolis, IN

For Sale

Condos

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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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Listing Agent
Michael Colter
Section Image
Indy Real Estate Consulting
(317) 934-6773