Meridian Tower East 25 E 40th St Unit 6A Indianapolis, IN 46205
Meridian Kessler Neighborhood
2
Beds
2
Baths
1,448
Sq Ft
$771/mo
HOA Fee
Highlights
- Mature Trees
- Community Pool
- 1 Car Detached Garage
- Contemporary Architecture
- Balcony
- 2-minute walk to Tarkington Park
About This Home
As of April 2025Want to be above it all? This 6th floor condo at The Modern is at treetop level, with 12 large windows for views of greenery and eye-catching houses. Step into this amazingly updated corner unit and enjoy the natural light of north AND east exposures. The updated kitchen is a chef's playground, fully open for easy entertaining. A sprawling island of Brazilian marble with veins of black and gray provides enormous cabinet and counter space. Enjoy morning coffee on the balcony overlooking quiet Pennsylvania Street. Floors feature upgraded carpet over sound-proofing. Two large bedrooms offer huge closets with plenty of storage. Master Bedroom includes ensuite bath/shower. Guest bath features upgraded tile and glass shower. Linen closets in both bathrooms. Utility closet houses Bosch washer & dryer...convenient and private. Amenities include secure underground parking (designated space near elevator), basement storage locker, 24-hr. workout facility, secure intercom entry for guests, meeting rooms and outdoor pool. The Modern's staff is onsite daily during business hours. The generous HOA includes: heat, A/C, water, trash, and exterior maintenance including landscaping and snow removal. Seller will pay first year of any owners' association assessment. Meridian-Kessler is a highly desirable neighborhood with beautiful homes, walkable sidewalks, and quick access to Downtown, Uptown, restaurants and cultural attractions.
Last Agent to Sell the Property
F.C. Tucker Company Brokerage Email: peggkenn@yahoo.com License #RB14043636
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,582
Year Built
- Built in 1965
Lot Details
- 1 Common Wall
- Mature Trees
HOA Fees
- $771 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Guest Parking
- Assigned Parking
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Poured Concrete
- Stone
Interior Spaces
- 1,448 Sq Ft Home
- 1-Story Property
- Paddle Fans
- Vinyl Clad Windows
- Window Screens
- Storage
- Carpet
Kitchen
- Eat-In Kitchen
- Electric Oven
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Balcony
Utilities
- Radiator
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 490613150130037801
- Seller Concessions Not Offered
Community Details
Overview
- Association fees include common cooling, common heat, ground maintenance, maintenance structure, management, snow removal, trash, sewer
- Association Phone (317) 927-9088
- Mid-Rise Condominium
- The Modern Subdivision
- Property managed by Kirkpatrick
Recreation
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2024
Closed on
Mar 19, 2025
Sold by
Grimes J Scott
Bought by
Thorne Sabrina
Seller's Agent
Pegg Kennedy
F.C. Tucker Company
Buyer's Agent
Ryan Cheetham
F.C. Tucker Company
List Price
$230,000
Sold Price
$225,000
Premium/Discount to List
-$5,000
-2.17%
Total Days on Market
238
Views
130
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.65%
Original Mortgage
$168,750
Outstanding Balance
$168,750
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$62,546
Purchase Details
Closed on
Sep 20, 2022
Sold by
Mary A Curtis Revocable Living Trust
Bought by
Grimes J Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 11, 2018
Sold by
Hottle Neli
Purchase Details
Closed on
Nov 30, 2015
Sold by
The Huntington National Bank
Bought by
Hottle Neil
Purchase Details
Closed on
Jun 3, 2014
Sold by
Stanich Michael F and Stanich Bette J
Bought by
The Huntington National Bank
Purchase Details
Closed on
Aug 8, 2008
Sold by
Adkins Denna F and Adkins Kenneth R
Bought by
Stanich Michael F and Stanich Bette J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Map
About Meridian Tower East
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Deed | -- | -- | |
| Deed | $172,000 | -- | |
| Deed | $172,000 | Chicago Title | |
| Special Warranty Deed | -- | None Available | |
| Sheriffs Deed | $51,000 | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $168,750 | New Conventional | |
| Previous Owner | $95,000 | New Conventional | |
| Previous Owner | $171,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2025 04/10/25 | Sold | $225,000 | -2.2% | $155 / Sq Ft |
| 02/20/2025 02/20/25 | Pending | -- | -- | -- |
| 01/30/2025 01/30/25 | For Sale | $230,000 | +2.2% | $159 / Sq Ft |
| 12/02/2024 12/02/24 | Off Market | $225,000 | -- | -- |
| 08/02/2024 08/02/24 | Price Changed | $230,000 | -4.2% | $159 / Sq Ft |
| 06/26/2024 06/26/24 | For Sale | $240,000 | -- | $166 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
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 | $3,058 | $257,800 | $21,900 | $235,900 |
| 2023 | $3,058 | $254,600 | $21,900 | $232,700 |
| 2022 | $2,632 | $217,700 | $21,900 | $195,800 |
| 2021 | $2,499 | $211,700 | $21,900 | $189,800 |
| 2020 | $2,492 | $210,400 | $21,900 | $188,500 |
| 2019 | $1,922 | $160,300 | $21,900 | $138,400 |
| 2018 | $1,642 | $136,700 | $21,900 | $114,800 |
| 2017 | $1,375 | $126,300 | $21,900 | $104,400 |
| 2016 | $611 | $80,200 | $21,900 | $58,300 |
| 2014 | $1,868 | $86,400 | $21,900 | $64,500 |
| 2013 | $1,674 | $80,500 | $21,900 | $58,600 |
Source: Public Records
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21986873
APN: 49-06-13-150-130.037-801
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