25 E 40th St #2E, Indianapolis, IN 46205
OFF MARKET

25 E 40th St #2E
Indianapolis, IN 46205

Meridian Kessler
  • 1 Bed
  • 1 Bath
  • 942 sqft

$165,100

Trulia Estimate
as of Jun 8, 2026
Est. Refi. Payment $1,031/mo*
Refinance Your Home

$165,100

Trulia Estimate
as of Jun 8, 2026
Est. Refi. Payment $1,031/mo*
Refinance Your Home
1 Bed
1 Bath
942 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Fantastic upgraded condo at "40 North" w/ hardwood floors & Restoration Hardware paint throughout. Large open living/kitchen/dining area opens to a balcony. Large windows w/ custom blinds. Upgraded light fixtures, Schlage door pulls, Stainless appliances & ample closet space. Amenities include pool, gym and beautiful common area. Underground secure parking, storage unit & bike storage. Own this unit for less than renting! Amazing location close to Broad Ripple, the Monon, and downtown.

HOA pays Heat/AC, water, trash, building/pool/gym/grounds maintenance - you ONLY pay electric, $35-$40 avg.

Neighborhood Description:
Gorgeous tree-lined streets, beautiful historic homes, family & pet friendly. Sidewalks, near public transit and interstate access. Ride your bike to nearby restaurants, shops, & amenities. The most affordable way to live in the BEST neighborhood in Indianapolis.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
Garage
Outdoor
Patio, Deck, Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 25 E 40th St #2E

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 7ElevatorFloors: Tile, HardwoodGated Entry
Interior Details
Additional StorageNumber of Rooms: 5Types of Rooms: Dining Room, Family Room, Laundry Room, PantryStorageCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Brick, Cement ConcreteLawnPatio
Pool
Pool
Parking & Garage
GarageParking Space: 1Parking: Garage Attached, Off Street, On Street

Property Information

Year Built
Year Built: 1963Year Updated: 2007
Property Type / Style
Property Type: CondoArchitecture: Contemporary

Community

Units in Building: 1

Lot Information

Lot Area: 942 sqft

Building

Community rooms
Fitness Center

Additional Information

Intercom

Price History for 25 E 40th St #2E

DatePriceEventSource
04/17/2017$109,000ListingRemovedAgent Provided
04/17/2017$109,000Listed For SaleAgent Provided
03/16/2017$104,000Sold
MIBOR as distributed by MLS GRID #21447838
02/22/2017$109,000PendingAgent Provided
10/12/2016$109,000PriceChange
Agent Provided
07/20/2016$121,000Listed For SaleN/A
06/13/2016$121,000ListingRemovedN/A
03/15/2016$121,000Listed For SaleN/A
01/25/2016$121,000ListingRemovedN/A
10/27/2015$121,000Listed For SaleN/A
08/27/2015$125,000ListingRemovedN/A
08/28/2014$125,000PriceChange
N/A
04/02/2014$115,000PriceChange
N/A
01/10/2014$120,000Listed For SaleN/A
09/22/2013$120,000ListingRemovedN/A
06/24/2013$120,000Listed For SaleN/A
05/13/2013$1,200ListingRemovedN/A
04/26/2013$1,200Listed For RentN/A

Market trends in Meridian Kessler

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$469K
Sale-to-List Price
—
Price per sq ft
$186
Available listings
62
8MoM
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Property Tax and Assessment

Year2025
Tax$1,711
Assessment$151,600
Home facts updated by county records

Comparable Sales for 25 E 40th St #2E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4000 N Meridian St #3A, Indianapolis, IN
0.14
Condo
$125,000
07/18/25
1
1
1,000
4000 N Meridian St #3E, Indianapolis, IN
0.14
Condo
$186,000
05/15/26
1
1
1,040
4000 N Meridian St #14A, Indianapolis, IN
0.14
Condo
$198,000
05/28/26
1
1
1,000
4000 N Meridian St #1F, Indianapolis, IN
0.14
Condo
$121,000
04/01/26
1
1.5
1,040
25 E 40th St #1B, Indianapolis, IN
0.00
Condo
$275,000
09/16/25
1
1
932
25 E 40th St #6E, Indianapolis, IN
0.02
Condo
$134,500
01/09/26
1
1
942
3965 N Meridian St #6C, Indianapolis, IN
0.07
Condo
$115,000
10/17/25
1
1
942
3965 N Meridian St #5G, Indianapolis, IN
0.07
Condo
$132,500
10/10/25
1
1
941
3965 N Meridian St #2G, Indianapolis, IN
0.07
Condo
$119,900
11/05/25
2
1
941
4000 N Meridian St #9E, Indianapolis, IN
0.14
Condo
$182,000
08/28/25
1
1
1,040

Nearby homes

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Assigned Schools

These are the assigned schools for 25 E 40th St #2E.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Meridian Kessler
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Meridian Kessler

At least 73 Trulia users voted on each feature.

  • 96 % Say it's dog friendly

  • 94 % Say there are sidewalks

  • 92 % Say yards are well-kept

  • 86 % Say parking is easy

  • 85 % Say it's walkable to restaurants

  • 83 % Say there's holiday spirit

  • 82 % Say kids play outside

  • 77 % Say people would walk alone at night

  • 76 % Say streets are well-lit

  • 73 % Say neighbors are friendly

  • 72 % Say car is needed

  • 68 % Say it's walkable to grocery stores

  • 67 % Say they plan to stay for at least 5 years

  • 63 % Say there are community events

  • 51 % Say there's wildlife

  • 46 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "cool people cool stuff. biscuits and gravy car club Saturdays. farmers market is pretty 😎 and the park is one of a kind. "
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  • Trulia User
    "The school down the road has a French festival and the state fair grounds has events all year around."
    0
    Flag
  • Trulia User
    "Great places to walk. Lots of dog-friendly places to take your pup for dinner. Some of the yards can be a bit small."
    0
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  • Trulia User
    "I drive my car. I take Meridian St. north to my workplace in Carmel. It is a short 15 minute drive. "
    0
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  • Trulia User
    "The streets in the area are busy so be cautious. Friendly neighborhood. Walk to grocery stores, restaurants and schools. Neighbors look after each other so you feel very safe. "
    0
    Flag
  • J J. O.
    "it's a dog friendly neighborhood. Dog's are well maintained and so are the lawns owners have control over their pets "
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  • Ratay.torrey
    "There are lots of families with dogs around this area and many patios are dog friendly. People generally clean up after their dogs well, also."
    0
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  • Meredithangner
    "Amazing neighborhood. Really can’t find a better place to live in Indy! Safe, friendly and beautiful. Plus walk to school"
    0
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  • Karla
    "Saint Joan of Arc festival and Sausage Festival are great! Jazz fest at jazz kitchen is one of my favorite weekends."
    2
    Flag
  • Juliet M.
    "Lots of families. Lots of pets, good sidewalks, shops, restaurants. We really like living here. Never had an issue with feeling uncomfortable "
    0
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  • Jesse.kurth
    "Zone 2 of Meridian Kessler East of College is quiet, void of crime, larger than average homes and invested home owners."
    1
    Flag
  • Mbc3muller
    "Our dogs frolic in a fenced yard with 300 feet of treed shade. They run the fence with our neighbor dogs on either side. Lots of people walk their dogs on the side walk out front. We are a dog friendly area. Everyone picks up after their dogs, and most keep their pets out of the flowers. "
    1
    Flag
  • Jerry W. T. J.
    "Commute to downtown is painful for past 18 months, perhaps construction being finished will help. Red line bus could be the answer."
    0
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  • Paige O.
    "Close to everything. Clean. Diverse. Is in a safe bubble. Loving neighbors. A million parks near by. Ideal to raise a child here. "
    0
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  • Kyfoster
    "Accessible to parks, monon trail. Lots of dog friendly people in the area. Many restaurants are dog friendly as well especially in the summer time. "
    0
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  • Jordan H.
    "A great place to live, go out, exercise, and enjoy your neighbors. Perfect location in Indianapolis."
    0
    Flag
  • Caitlyn R.
    "Safe neighborhood but definitely street by street. Fast driving cars near college. A lot of traffic. "
    0
    Flag
  • Jesse k.
    "The yards in this neighborhood typically aren't huge but we're close to the Monon trail, so a great place for walks."
    0
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  • Kyfoster
    "good area and nice people. great local food and shops. dog friendly and parks are close by. low crime rate"
    0
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  • Gabriel H.
    "Friendly, diverse neighborhood; fairly pedestrian friendly; Monon Trail should be considered a national treasure. "
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  • Ktspitler
    "Our neighborhood has a little bit of everything! Friendly, downtown feel, restaurants and shops in walking distance, old homes with lots of character...there is turkey not another neighborhood like it in the area. Schools are within walking distance and neighbors are always outside ready for a friendly chat!"
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  • Kyfoster
    "walkable to fun stores and restaurants. trendy and active area. homes with character and charm make the area interesting"
    0
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  • Andy P.
    "I've lived in the area for almost four years, and there is no where else in Indy I'd rather be. You can walk to anything! Shopping, restaurants, green space, schools -- you name it! "
    0
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  • Mary
    "Houses in SoBro, near 46th & Winthrop are great for active families. Meridian Kessler little league is running almost every evening on the diamonds at the school for the deaf (on 46th). Across the street is Aresenal Park. On a sunny Sunday & often throughout the week there are bike polo matches, pick up basketball, ultimate frisbee, soccer, Indy Parks area for outdoor parties & the play area for kids, including a splash park in the summer! There's also development in nearby businesses along College, The Monon & 46th. Surely a great area to live. I've lived in the area for 3+ years now & haven't had any dangerous interactions with anyone. The crime seems to be isolated to the houses / apartments where folks are up to no good."
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  • lbisser
    "Excellent schools - Center for Inquiry and Immaculate Heart of Mary in walking distance. Friendly neighborhood walking biking pet friendly - near Broad Ripple dog park, and The Riviera Club for fitness and swimming and social life"
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  • pacificsky71
    "Wow, loved it. Traffic was a bit much but after a month I didnt even notice. Was so nice to live only a few minutes from down town and a few minutes from broadripple. Neightbors were best I have ever lived near. "
    0
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Homes for sale near 25 E 40th St #2E

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Off Market Homes Near 25 E 40th St #2E

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Homes for rent near 25 E 40th St #2E

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25 E 40th St #2E, Indianapolis, IN 46205 is a 1 bedroom, 1 bathroom, 942 sqft condo built in 1963. 25 E 40th St #2E is located in Meridian Kessler, Indianapolis. This property is not currently available for sale. 25 E 40th St #2E was last sold on Mar 16, 2017 for $104,000. The current Trulia Estimate for 25 E 40th St #2E is $165,100.