NOT LISTED FOR SALE

Meridian Tower East 25 E 40th St Unit 6C Indianapolis, IN 46205

Meridian Kessler Neighborhood

Estimated Value: $180,000 - $245,000

1 Bed
1 Bath
942 Sq Ft
436 Sq Ft Lot

Last Sold September 17, 2018

Last sale price $145,000 $154 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,265/month

Highlights

  • In Ground Pool
  • Balcony
  • Family or Dining Combination
  • Elevator
  • 1-Story Property
  • 2-minute walk to Tarkington Park

About This Home

As of September 2018

Meridian Kessler 1/1 Condo located in 40 North. Minutes from Downtown you'll enjoy the short commute to both I-465 and I-65. COA include Heat & AC.
Amenities include salt water pool and updated gym.

Last Agent to Sell the Property

Joel Ogburn

Listed on: 08/10/2018

Last Buyer's Agent

Shane Christopher

@properties

@properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,764

Year Built

  • Built in 1965

Lot Details

  • 436

Parking

  • Garage

Home Design

  • Entry on the 6th floor
  • Concrete Perimeter Foundation

Interior Spaces

  • 942 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 490613150130038801

Community Details

Overview

  • Association fees include common cooling, exercise room, common heat, lawncare, pool
  • Mid-Rise Condominium
  • 40 North On Meridian Subdivision
  • Property managed by Kirkpatrick Management

Recreation

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,764

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Multi-Level, Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1965
  • Garage Y N: Yes
  • Lot Size Acres: 0.01
  • Subdivision Name: 40 NORTH ON MERIDIAN
  • Inspection Warranties: Not Applicable
  • Property Description: Meridian Kessler 1/1 Condo located in 40 North. Minutes from Downtown you'll enjoy the short commute to both I-465 and I-65. COA include Heat & AC. Amenities include salt water pool and updated gym.
  • Transaction Type: Sale
  • Floor Number: 6
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 6
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 942
  • Other Equipment: Elevator Common, Smoke Detector
  • Room Count: 4
  • Areas Interior: Laundry Closet,Laundry in Unit
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 942
  • Main Level Sq Ft: 942
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 942
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Block
  • Disclosures: Not Applicable
  • Exterior Features: In Ground Pool, Pool Community
  • Foundation Details: Concrete Perimeter, Concrete Perimeter
  • List Price: 145000
  • Association Maintained Building Exterior: 1
  • Porch: Balcony

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 1 Car Attached
  • Garage Parking Other: Garage Door Opener

Utilities

  • Sewer: Sewer Connected
  • Cooling: Other
  • Heating: Hot Water
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Other

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Kirkpatrick Management
  • Condo Description Location: Building Common Entry,Free Standing
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Common Cooling, Entrance Common, Exercise Room, Common Heat, Lawncare, Pool
  • Mandatory Fee: 375

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490613150130038801
  • Acres: <1/4 Acre
  • Lot Number: 1
  • Lot Size: 226

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1764
  • Semi Annual Property Tax Amt: 882
  • Tax Exemption: None

MLS Schools

  • School District: Washington Township
  • Schools: Nora Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Sep 17, 2018
Sold by
Cory Black
Bought by
Adalberto Ramos
Seller's Agent
Joel Ogburn
Buyer's Agent
Shane Christopher
@properties
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$199,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,615
Avg. Annual Appreciation
4.65%
Original Mortgage
$140,650
Outstanding Balance
$122,402
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$77,213

Purchase Details

Closed on
Mar 3, 2006
Sold by
Laswell Kevin
Bought by
Black Cory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,910
Interest Rate
6.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Adalberto Ramos $145,000 --
Ramos Adalberto $145,000 Transnation Title Agency Natio
Black Cory -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Adalberto $140,650
Previous Owner Black Cory $125,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 Sold $145,000 0.0% $154 / Sq Ft
08/11/2018 08/11/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $145,000 -- $154 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

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 $2,480 $210,100 $14,400 $195,700
2023 $2,480 $207,400 $14,400 $193,000
2022 $2,116 $176,800 $14,400 $162,400
2021 $2,011 $171,800 $14,400 $157,400
2020 $2,004 $170,700 $14,400 $156,300
2019 $1,527 $129,200 $14,400 $114,800
2018 $829 $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

  • J

    Seller's Agent in 2018

    Joel Ogburn

    Section Image

  • S

    Buyer's Agent in 2018

    Shane Christopher

    @properties

    Section Image
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About Meridian Tower East

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21588446

MIBOR Broker Listing Cooperative®

APN: 49-06-13-150-130.038-801

Indiana Marion County Indianapolis 46205 Meridian Kessler

25 E 40th St Unit 6C, Indianapolis, IN

This home is located at 25 E 40th St Unit 6C, Indianapolis, IN 46205 since 10 August 2018 and is currently estimated at $199,615, approximately $211 per square foot. This property was built in 1965. 25 E 40th St Unit 6C 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 No. 721.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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