25 E 40th St #7F, Indianapolis, IN 46205
Property image
Property image
FOR SALE
FOR SALE BY OWNER

$198,500

Original price: $181,300
  • 1 Bed
  • 1 Bath
  • 932 sqft

25 E 40th St #7F, Indianapolis, IN 46205

Meridian Kessler
Est. Mortgage $1,830/mo*
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Home Highlights

Condo
Built in 1963
$213/sqft
Garage
HOA $530/mo

Local Information

  • Map ViewExplore the area around 25 E 40th St #7F.
  • Schools5 Preschool Schools9 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

7th Level, South Exposure, Contemporary Updates, Engineered Wood Floors, Solid Surface Counters, Modern Lighting, Whirlpool Appliances, Bosch Cooktop, LG Refrigerator, Custom Cabinets, Private Balcony, CIty Skyline, Beautiful Lobby/Entry, Fitness Center, Secure Underground Parking, Storage Units. Heating/Cooling, Water, Trash Incl in HOA. Asko Washer/Dryer, Naintenance-Free Midtown Living.

Home Details for 25 E 40th St #7F

Interior Features

Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 7ElevatorFloors: Hardwood
Interior Details
Number of Rooms: 4Types of Rooms: Dining RoomCeiling Fan
Appliances & Utilities
DryerRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherExterior: BrickPatio
Pool
Pool
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Days on Market

Days on Market: 156 days on Trulia

Property Information

Year Built
Year Built: 1963Year Updated: 1985
Property Type / Style
Property Type: CondoArchitecture: Contemporary

Price & Status

Price
Price Per Sqft: $213

HOA

HOA Fee: $530/Monthly

Lot Information

Lot Area: 436 sqft

Building

Community rooms
Fitness Center

Around this home

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 74 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

  • 84 % Say there's holiday spirit

  • 82 % Say kids play outside

  • 76 % Say streets are well-lit

  • 76 % Say people would walk alone at night

  • 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
    Flag
  • Trulia User
    "I drive my car. I take Meridian St. north to my workplace in Carmel. It is a short 15 minute drive. "
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    Flag
  • 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."
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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"
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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. "
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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. "
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  • Jordan H.
    "A great place to live, go out, exercise, and enjoy your neighbors. Perfect location in Indianapolis."
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  • Caitlyn R.
    "Safe neighborhood but definitely street by street. Fast driving cars near college. A lot of traffic. "
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  • 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."
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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"
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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"
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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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Market trends in Indianapolis

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$257K
$6.7KMoM
Sale-to-List Price
99.7%
0.1%MoM
Price per sq ft
$145
$1MoM
Available listings
4241
187MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4000 N Meridian St #14A, Indianapolis, IN
0.14
Condo
$198,000
05/28/26
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 #1F, Indianapolis, IN
0.14
Condo
$121,000
04/01/26
1
1.5
1,040
25 E 40th St #6E, Indianapolis, IN
0.02
Condo
$134,500
01/09/26
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 #6C, Indianapolis, IN
0.07
Condo
$115,000
10/17/25
1
1
942
3965 N Meridian St #2G, Indianapolis, IN
0.07
Condo
$119,900
11/05/25
2
1
941
3965 N Meridian St #2J, Indianapolis, IN
0.07
Condo
$132,000
07/15/26
2
2
1,161
3965 N Meridian St #2D, Indianapolis, IN
0.07
Condo
$184,000
08/18/26
2
2
1,360
3965 N Meridian St #3F, Indianapolis, IN
0.07
Condo
$138,000
02/18/26
2
2
1,360

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
25 E 40th St #2A, Indianapolis, IN 46205
0.02
$201,200
2
2
1,448
Off Market
25 E 40th St #2B, Indianapolis, IN 46205
0.02
$231,300
2
2
1,448
Off Market
25 E 40th St #2K, Indianapolis, IN 46205
0.02
$220,300
2
2
1,448
Off Market
25 E 40th St #3A, Indianapolis, IN 46205
0.02
$235,000
2
2
1,448
For Sale
25 E 40th St #3C, Indianapolis, IN 46205
0.02
$195,400
1
1
951
Off Market
25 E 40th St #3E, Indianapolis, IN 46205
0.02
$133,300
1
1
942
Off Market
25 E 40th St #4K, Indianapolis, IN 46205
0.02
$236,500
2
2
1,448
Off Market
25 E 40th St #6A, Indianapolis, IN 46205
0.02
$227,800
2
2
1,448
Off Market
25 E 40th St #6B, Indianapolis, IN 46205
0.02
$234,000
2
2
1,448
For Sale
25 E 40th St #6E, Indianapolis, IN 46205
0.02
$134,500
1
1
942
Recently Sold
25 E 40th St #7A, Indianapolis, IN 46205
0.02
$221,700
2
2
1,448
Off Market
25 E 40th St, Indianapolis, IN 46205
0.02
$276,200
2
2
1,746
Off Market

Price and Tax history

DateEventPrice
Jun 11, 2026
Source: N/A
PriceChange
$198,500
Price increased by 9%
Apr 16, 2026
Source: N/A
Listed For Sale
$181,300
Jan 21, 2026
Source: N/A
ListingRemoved
Oct 24, 2025
Source: N/A
PriceChange
$215,000
Price decreased by 4%
Sep 22, 2025
Source: N/A
Listed For Sale
$225,000

LGBTQ Local Legal Protections

This property is for sale by owner and Zillow, Inc. is displaying it at the owner’s request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

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Frequently asked questions about 25 E 40th St #7F

  • What is the estimated monthly payment for 25 E 40th St #7F?
    Based on a $198,500 list price with 20% down at today's rates, the estimated monthly payment for 25 E 40th St #7F in Indianapolis, IN is approximately $1,316 (about $1,082 principal & interest, $159 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 25 E 40th St #7F compare to homes in Indianapolis?
    25 E 40th St #7F in Indianapolis, IN is listed at $198,500, about 23% below the $257K median sale price in Indianapolis.
  • What do residents say about the Meridian Kessler neighborhood?
    Residents describe the Meridian Kessler neighborhood in Indianapolis, IN as dog-friendly, pedestrian-friendly, and well-kept. See homes for sale in Meridian Kessler, Indianapolis.
  • What are the closest schools to 25 E 40th St #7F?
    The closest schools to 25 E 40th St #7F in Indianapolis, IN are Arlington Community Middle School (rated 2/10), Arsenal Technical High School (rated 2/10), Broad Ripple Middle School - An IB World School (rated 3/10).
  • Does 25 E 40th St #7F have air conditioning?
    Yes, 25 E 40th St #7F in Indianapolis, IN has air conditioning.
  • Does 25 E 40th St #7F have a pool?
    Yes, 25 E 40th St #7F in Indianapolis, IN has a pool.
25 E 40th St #7F, Indianapolis, IN 46205 is a 1 bedroom, 1 bathroom, 932 sqft condo built in 1963. 25 E 40th St #7F is located in Meridian Kessler, Indianapolis. This property is currently available for sale and was listed on Apr 16, 2026.