Meridian Tower East 25 E 40th St Unit 7A Indianapolis, IN 46205
Meridian Kessler Neighborhood
2
Beds
2
Baths
1,448
Sq Ft
$545/mo
HOA Fee
Highlights
- In Ground Pool
- Elevator
- Thermal Windows
- Contemporary Architecture
- Balcony
- 2-minute walk to Tarkington Park
About This Home
As of March 2024Rare find-desirable top floor 2 br penthouse nestled among iconic mansions just off Meridian St. Prestigious contemporary “40 North on Meridian” offers an affordable alternative to purchasing an expensive high rise/mid-rise condo in downtown Indianapolis;and yet, it’s just minutes (by bicycle/car) to the heart of downtown activity! Unique cor/end hm captures majestic views from wall to wall windows&a priv.terrace. Custom-rehab:Pottery Barn color scheme,laminate/ceramic flrs,new thermostats,gourmet kit w/gran.tops,newer appli.&Bosch W/D. 2 gar.park.spaces!Bldg.amenities:secure lobby,undergr.park,pool,guest park,workout fac,laundry rm,x-stor,indoor bicycle racks,common area meeting rm,eleva...ins.water,sewer,heat,cool,trash disp&so much more!
Last Agent to Sell the Property
Robert Kincaid
Kincaid REALTORS, LLC Listed on: 01/26/2018
Co-Listed By
Shirley Mueller
Kincaid REALTORS, LLC
Last Buyer's Agent
Kurt Allen
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $490
Year Built
- Built in 1965
HOA Fees
- $545 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 1,448 Sq Ft Home
- 1-Story Property
- Thermal Windows
- Combination Dining and Living Room
- Storage
- Laminate Flooring
- Intercom
Kitchen
- Electric Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Balcony
- Outdoor Storage
Utilities
- Central Air
- Radiator
Listing and Financial Details
- Assessor Parcel Number 490613150130043801
Community Details
Overview
- Association fees include common cooling, exercise room, common heat, insurance, pool, management, snow removal, trash, sewer
- 40 North On Meridian Subdivision
- Property managed by Kirkpatrick
Recreation
Additional Features
- Elevator
- Fire and Smoke Detector
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%
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
$28,642
Avg. Annual Appreciation
8.46%
Original Mortgage
$168,000
Outstanding Balance
$165,558
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$71,440
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
Similar Homes in Indianapolis, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $210,000 | Near North Title Group | |
| Deed | $160,000 | -- | |
| Deed | $160,000 | Royal Title Services | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $168,000 | New Conventional | |
| Previous Owner | $172,720 | FHA |
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
-
A
Seller's Agent in 2024
Antonia Short
Dropped Members
-
S
Buyer's Agent in 2024
Shanoah Coffey-Fuller
Carpenter, REALTORS®
-
R
Seller's Agent in 2018
Robert Kincaid
Kincaid REALTORS, LLC
-
S
Seller Co-Listing Agent in 2018
Shirley Mueller
Kincaid REALTORS, LLC
-
K
Buyer's Agent in 2018
Kurt Allen
About Meridian Tower East
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21542235
APN: 49-06-13-150-130.043-801
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