NOT LISTED FOR SALE

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

Meridian Kessler Neighborhood

Estimated Value: $225,000 - $282,000

2 Beds
2 Baths
1,448 Sq Ft
$172/Sq Ft Est. Value

Last Sold June 04, 2018

Last sale price $168,000 $116 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,566/month

Highlights

  • In Ground Pool
  • Balcony
  • Storage
  • Contemporary Architecture
  • Entrance Foyer
  • 2-minute walk to Tarkington Park

About This Home

As of June 2018

List/Pend

Last Agent to Sell the Property

Jason DeArman

Midwest Land Group License #RB14050139 Listed on: 04/06/2018

Midwest Land Group

Co-Listed By

Alex Hottle

F.C. Tucker Company License #RB14049178

Last Buyer's Agent

Elizabeth Tuttle-Carmichael

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $564

Year Built

  • Built in 1965

Lot Details

  • Partially Fenced Property

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Block Foundation
  • Stucco

Interior Spaces

  • 1,448 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Family or Dining Combination
  • Storage

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Outdoor Features

  • In Ground Pool

Utilities

  • Central Air
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • Association fees include common cooling, exercise room, common heat, insurance, ground maintenance, pool, snow removal, trash, sewer
  • Mid-Rise Condominium
  • 40 North On Meridian Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490613150130042801

Property Details

Home Type

Co-Op

Est. Annual Taxes

$564

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemp, Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1965
  • Co List Office Phone: 317-259-6000
  • Garage Y N: Yes
  • Subdivision Name: 40 NORTH ON MERIDIAN
  • Inspection Warranties: Not Applicable
  • Property Description: List/Pend
  • Transaction Type: Sale
  • Floor Number: 6
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 1
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Storage
  • Living Area: 1448
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Areas Interior: Foyer Small
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1448
  • Main Level Sq Ft: 1448
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Tub Full with Separate Shower
  • Total Sq Ft: 1448
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Stucco
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Fence Partial, In Ground Pool
  • Foundation Details: Block
  • Association Maintained Building Exterior: 1
  • Porch: Balcony

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 1 Car Built In,Other
  • Garage Parking Other: Shared Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: 3179279088
  • Condo Description Location: Building Common Entry
  • Condo Type: Co-op

Fee Information

  • Association Fee Includes: Common Cooling, Entrance Common, Exercise Room, Common Heat, Insurance, Maintenance Grounds, Pool, Snow Removal, Trash, Sewer
  • Mandatory Fee: 546

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490613150130042801
  • Acres: CndHPRCoop
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 0
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 564
  • Semi Annual Property Tax Amt: 282
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
May 31, 2018
Sold by
Susanne King
Bought by
Carol Baranyk Nancy
Seller's Agent
Jason DeArman
Midwest Land Group
Buyer's Agent
Elizabeth Tuttle-Carmichael
List Price
$168,000
Sold Price
$168,000
Current Estimated Value
$249,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,549
Avg. Annual Appreciation
5.31%

Purchase Details

Closed on
Oct 7, 2015
Sold by
Varadarajan Ranjith and Saravanan Arthy
Bought by
King Susanne

Purchase Details

Closed on
Jul 24, 2009
Sold by
Meridian Group Llc
Bought by
Varadarajan Ranjith and Saravanan Arthy

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%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Carol Baranyk Nancy $168,000 --
Baranyk Nancy Carol $168,000 Title Services, Llc
King Susanne -- Security Title Services
Varadarajan Ranjith -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varadarajan Ranjith $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2018 06/04/18 Sold $168,000 0.0% $116 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $168,000 -- $116 / 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 $2,904 $243,500 $21,900 $221,600
2023 $2,904 $240,400 $21,900 $218,500
2022 $2,485 $205,800 $21,900 $183,900
2021 $2,360 $200,100 $21,900 $178,200
2020 $2,354 $198,900 $21,900 $177,000
2019 $1,818 $151,900 $21,900 $130,000
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 $660 $86,400 $21,900 $64,500
2013 $558 $80,500 $21,900 $58,600
Source: Public Records

Agents Affiliated with this Home

  • Jason DeArman

    Seller's Agent in 2018

    Jason DeArman

    Midwest Land Group

    (317) 223-6590

    7 in this area

    289 Total Sales

    Jason DeArman
    Section Image
  • Alex Hottle

    Seller Co-Listing Agent in 2018

    Alex Hottle

    F.C. Tucker Company

    (317) 409-7382

    37 Total Sales

    Alex Hottle
    Section Image

  • E

    Buyer's Agent in 2018

    Elizabeth Tuttle-Carmichael

See All Agents

About Meridian Tower East

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21556829

MIBOR Broker Listing Cooperative®

APN: 49-06-13-150-130.042-801

Indiana Marion County Indianapolis 46205 Meridian Kessler

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

Not Listed for Sale

Coop

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