413 E 40th St Indianapolis, IN 46205
Meridian Kessler Neighborhood
3
Beds
2.5
Baths
3,264
Sq Ft
3,920
Sq Ft Lot
Highlights
- Covered patio or porch
- Programmable Thermostat
- Garage
- Woodwork
- Forced Air Heating and Cooling System
- Property is Fully Fenced
About This Home
As of July 2025Wonderful location and value in Meridian Kessler! This 3BD/2.5BA home offers a fantastic, low maintenance lifestyle. An open circular floor-plan and large updated kitchen with hand-picked floor tile, classic subway tile, and coffee/wine bar (complete with wine/beer fridge) offer a wonderful place to bring your culinary skills to life and entertain family & friends. A professionally landscaped, fully fenced yard is a perfect oasis in the city; relax on the front porch or under the pergola. The full basement is yours to create workout space or media room and offers plenty of storage. New light fixtures, shiplap, updated fireplace and historical details add warmth. Walkability to MK restaurants and easy access to all Indy offers! Welcome home!
Last Agent to Sell the Property
F.C. Tucker Company License #RB14047448 Listed on: 08/13/2018
Last Buyer's Agent
Jennifer Goodspeed
Keller Williams Indpls Metro N
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,746
Year Built
- Built in 1922
Lot Details
- 3,920 Sq Ft Lot
- Property is Fully Fenced
Home Design
- Block Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Woodwork
- Window Screens
- Living Room with Fireplace
- Attic Access Panel
Kitchen
- Electric Oven
- Built-In Microwave
- Dishwasher
- Wine Cooler
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Basement Lookout
Home Security
- Security System Leased
- Radon Detector
- Fire and Smoke Detector
Parking
- Garage
- Driveway
Outdoor Features
- Covered patio or porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Programmable Thermostat
Community Details
- Hillton Subdivision
Listing and Financial Details
- Assessor Parcel Number 490613118017000801
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2025
Closed on
Jul 3, 2025
Sold by
Workman Chelsea E and Workman John
Bought by
Orr Margaret W and Orr Erick
Seller's Agent
Matt McLaughlin
F.C. Tucker Company
Buyer's Agent
Rick Elson
CENTURY 21 Scheetz
List Price
$425,000
Sold Price
$408,000
Premium/Discount to List
-$17,000
-4%
Views
61
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.56%
Original Mortgage
$228,000
Outstanding Balance
$228,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$192,208
Purchase Details
Listed on
Aug 13, 2018
Closed on
Oct 1, 2018
Sold by
Ulllmann Chelsea E
Bought by
Ullmann Chelsea E and Workman John
Seller's Agent
Nick McNeely
F.C. Tucker Company
Buyer's Agent
Jennifer Goodspeed
Keller Williams Indpls Metro N
List Price
$305,000
Sold Price
$297,500
Premium/Discount to List
-$7,500
-2.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$267,750
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 3, 2017
Closed on
Apr 5, 2017
Sold by
Legg Amy
Bought by
Wiscons Casey
Seller's Agent
Jerry Gemmecke
F.C. Tucker Company
Buyer's Agent
Nick McNeely
F.C. Tucker Company
List Price
$275,000
Sold Price
$266,500
Premium/Discount to List
-$8,500
-3.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$261,672
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Listed on
May 13, 2014
Closed on
Sep 4, 2014
Sold by
Anderson Jordan M and Frawley Craig M
Bought by
Legg Amy
Seller's Agent
LeAnn Ferry
Buyer's Agent
Kate Flock
Flock Realty, Inc.
List Price
$225,900
Sold Price
$218,000
Premium/Discount to List
-$7,900
-3.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$206,806
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 3, 2012
Closed on
Aug 2, 2012
Sold by
Lpt Holdings Llc
Bought by
Frawley Craig M and Anderson Jordan M
Seller's Agent
James Copsey
Harp Realty, LLC
Buyer's Agent
LeAnn Ferry
List Price
$165,000
Sold Price
$165,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%
Original Mortgage
$148,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Lpt Holdings Llc
Purchase Details
Closed on
Jun 11, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
The Secretary Of Housing & Urban Develop
Purchase Details
Closed on
Jun 2, 2010
Sold by
Anderson James and Anderson James E
Bought by
Countrywide Home Loans Servicing Lp
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 | -- | Royal Title Services | |
| Quit Claim Deed | $297,500 | Stewart Title Company | |
| Warranty Deed | $297,500 | Stewart Title | |
| Deed | $266,500 | -- | |
| Deed | $266,500 | Best Title Services | |
| Warranty Deed | -- | Chicago Title Company Llc | |
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Limited Warranty Deed | -- | None Available | |
| Sheriffs Deed | $180,066 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $228,000 | New Conventional | |
| Previous Owner | $267,750 | New Conventional | |
| Previous Owner | $261,672 | FHA | |
| Previous Owner | $206,806 | New Conventional | |
| Previous Owner | $148,500 | New Conventional | |
| Previous Owner | $137,025 | FHA | |
| Previous Owner | $105,400 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | Sold | $408,000 | -4.0% | $188 / Sq Ft |
| 06/05/2025 06/05/25 | Pending | -- | -- | -- |
| 05/09/2025 05/09/25 | For Sale | $425,000 | +42.9% | $195 / Sq Ft |
| 10/01/2018 10/01/18 | Sold | $297,500 | -2.5% | $91 / Sq Ft |
| 08/20/2018 08/20/18 | Pending | -- | -- | -- |
| 08/13/2018 08/13/18 | For Sale | $305,000 | +14.4% | $93 / Sq Ft |
| 04/05/2017 04/05/17 | Sold | $266,500 | -2.2% | $82 / Sq Ft |
| 03/06/2017 03/06/17 | Pending | -- | -- | -- |
| 02/21/2017 02/21/17 | Price Changed | $272,500 | -0.9% | $83 / Sq Ft |
| 02/03/2017 02/03/17 | For Sale | $275,000 | +26.1% | $84 / Sq Ft |
| 09/04/2014 09/04/14 | Sold | $218,000 | -0.9% | $67 / Sq Ft |
| 07/02/2014 07/02/14 | Pending | -- | -- | -- |
| 06/04/2014 06/04/14 | Price Changed | $219,900 | -2.7% | $67 / Sq Ft |
| 05/13/2014 05/13/14 | For Sale | $225,900 | +36.9% | $69 / Sq Ft |
| 08/02/2012 08/02/12 | Sold | $165,000 | 0.0% | $51 / Sq Ft |
| 08/01/2012 08/01/12 | Pending | -- | -- | -- |
| 02/03/2012 02/03/12 | For Sale | $165,000 | -- | $51 / 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 | $3,514 | $288,900 | $25,100 | $263,800 |
| 2023 | $3,514 | $288,900 | $25,100 | $263,800 |
| 2022 | $3,470 | $284,100 | $25,100 | $259,000 |
| 2021 | $3,125 | $261,800 | $24,500 | $237,300 |
| 2020 | $3,359 | $280,300 | $24,500 | $255,800 |
| 2019 | $3,425 | $280,300 | $24,500 | $255,800 |
| 2018 | $3,310 | $268,700 | $24,500 | $244,200 |
| 2017 | $2,824 | $258,000 | $24,500 | $233,500 |
| 2016 | $2,727 | $254,800 | $24,500 | $230,300 |
| 2014 | $2,704 | $249,700 | $24,500 | $225,200 |
| 2013 | $2,598 | $249,700 | $24,500 | $225,200 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Matt McLaughlin
F.C. Tucker Company
(317) 590-0529
105 in this area
685 Total Sales
-
M
Seller Co-Listing Agent in 2025
Meagan Lee
F.C. Tucker Company
4 in this area
5 Total Sales
-
Buyer's Agent in 2025
Rick Elson
CENTURY 21 Scheetz
(317) 490-5646
14 in this area
144 Total Sales
-
Seller's Agent in 2018
Nick McNeely
F.C. Tucker Company
(317) 844-4200
9 in this area
188 Total Sales
-
J
Buyer's Agent in 2018
Jennifer Goodspeed
Keller Williams Indpls Metro N
-
Seller's Agent in 2017
Jerry Gemmecke
F.C. Tucker Company
(317) 445-2434
3 in this area
269 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: MBR21588797
APN: 49-06-13-118-017.000-801
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.
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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