Meridian Tower East 25 E 40th St Unit 7A Indianapolis, IN 46205
Meridian Kessler NeighborhoodEstimated Value: $233,378
2
Beds
2
Baths
1,448
Sq Ft
$731/mo
HOA Fee
Highlights
- Updated Kitchen
- Wood Flooring
- Thermal Windows
- Midcentury Modern Architecture
- L-Shaped Dining Room
- 2-minute walk to Tarkington Park
About This Home
As of March 2024Penthouse views on the top floor of The Modern "East" building! This impressive 2 bed/2ba condo has been beautifully updated with gorgeous luxury vinyl wood plank flooring & desirable neutral paint throughout. Imagine watching the sun come up on your east facing private balcony & enjoying a quiet dinner after a long day in the summer shade overlooking the treetops of the Meridian Kessler neighborhood. The Red Line is just steps away for your 12 min downtown commute. 2nd bedroom is currently being used as an office. The spacious ensuite in the primary bedroom is lovely with tremendous closet space and this unit has a stack washer & dryer in the unit! Secure garage parking in the basement makes this mid-rise building perfect for the owner who needs "one level" living. Your association fee includes all heating/AC/water/sewage/onsite gym & salt water pool! You will be hard pressed to find a more affordable, well kept home in the Meridian Kessler area! These upper floor units don't last so see it today!
Last Listed By
Antonia Short
Dropped Members Brokerage Email: toni.short@talktotucker.com License #RB14047345 Listed on: 10/23/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,484
Year Built
- Built in 1965
Lot Details
- 1 Common Wall
HOA Fees
- $731 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Assigned Parking
Home Design
- Midcentury Modern Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,448 Sq Ft Home
- 1-Story Property
- Woodwork
- Thermal Windows
- Vinyl Clad Windows
- Window Screens
- L-Shaped Dining Room
- Wood Flooring
- Basement
Kitchen
- Updated Kitchen
- Breakfast Bar
- Electric Oven
- Built-In Microwave
- Dishwasher
- Wine Cooler
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Community Details
- Association fees include common cooling, common heat, sewer, exercise room, irrigation, lawncare, ground maintenance, maintenance structure, maintenance, management, snow removal, trash
- Mid-Rise Condominium
- The Modern Subdivision
- Property managed by Kirkpatrick
Listing and Financial Details
- Assessor Parcel Number 490613150130043801
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2023
Closed on
Mar 4, 2024
Sold by
Hanlin Donald A
Bought by
Reaney Thomas
Seller's Agent
Antonia Short
Dropped Members
Buyer's Agent
Shanoah Coffey-Fuller
Carpenter, REALTORS®
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Total Days on Market
99
Views
252
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
$23,378
Avg. Annual Appreciation
9.04%
Original Mortgage
$168,000
Outstanding Balance
$166,032
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$67,346
Purchase Details
Listed on
Jan 26, 2018
Closed on
Apr 18, 2018
Sold by
Dugan Jean A
Bought by
Hanlin Donald A
Seller's Agent
Robert Kincaid
Kincaid REALTORS, LLC
Buyer's Agent
Kurt Allen
List Price
$179,900
Sold Price
$160,000
Premium/Discount to List
-$19,900
-11.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Purchase Details
Closed on
Sep 15, 2008
Sold by
Meridian Group Llc
Bought by
Dugan Jean A and Giddings Joy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,720
Interest Rate
6.43%
Mortgage Type
FHA
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Similar Homes in Indianapolis, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reaney Thomas | $210,000 | Near North Title Group | |
| Hanlin Donald A | $160,000 | -- | |
| Hanlin Donald D | $160,000 | Royal Title Services | |
| Dugan Jean A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reaney Thomas | $168,000 | |
| Previous Owner | Dugan Jean A | $172,720 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2024 03/05/24 | Sold | $210,000 | -6.7% | $145 / Sq Ft |
| 01/31/2024 01/31/24 | Pending | -- | -- | -- |
| 10/23/2023 10/23/23 | For Sale | $225,000 | +40.6% | $155 / Sq Ft |
| 04/18/2018 04/18/18 | Sold | $160,000 | -11.1% | $110 / Sq Ft |
| 02/08/2018 02/08/18 | Pending | -- | -- | -- |
| 01/27/2018 01/27/18 | Price Changed | $179,900 | 0.0% | $124 / Sq Ft |
| 01/27/2018 01/27/18 | For Sale | $179,900 | +12.4% | $124 / Sq Ft |
| 01/26/2018 01/26/18 | Off Market | $160,000 | -- | -- |
| 01/25/2018 01/25/18 | For Sale | $124,900 | -- | $86 / 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 | $2,884 | $243,500 | $21,900 | $221,600 |
| 2023 | $2,884 | $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 | $1,631 | $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 | $558 | $80,500 | $21,900 | $58,600 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Antonia Short
Dropped Members
(317) 809-8071
-
Buyer's Agent in 2024
Shanoah Coffey-Fuller
Carpenter, REALTORS®
(859) 433-4601
-
Seller's Agent in 2018
Robert Kincaid
Kincaid REALTORS, LLC
(317) 431-6176
1 in this area
64 Total Sales
-
Seller Co-Listing Agent in 2018
Shirley Mueller
Kincaid REALTORS, LLC
(317) 431-9544
1 in this area
57 Total Sales
-
K
Buyer's Agent in 2018
Kurt Allen
About Meridian Tower East
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21949811
APN: 49-06-13-150-130.043-801
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