25 E 40th St, Indianapolis, IN 46205
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Property image
OFF MARKET

25 E 40th St
Indianapolis, IN 46205

Meridian Kessler
  • 2 Beds
  • 2 Baths
  • 1,746 sqft

$276,300

Trulia Estimate
as of Aug 8, 2026

$276,300

Trulia Estimate
as of Aug 8, 2026
2 Beds
2 Baths
1,746 sqft

Local Information

  • Map ViewExplore the area around 25 E 40th St.
  • Schools3 Preschool Schools5 Elementary Schools1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1965
Living Area
1,746 sqft
Price/Sqft
$158
Parking
2 Car Garage
HOA
$1,106/Monthly

About this House

Don't miss this exceptional opportunity to own a rare first-floor unit at The Modern; a stylish mid-century mid-rise located in Meridian-Kessler directly across from Tarkington Park which is now undergoing a $3M+ redevelopment. This spacious 2-bedroom, 2-bath condo offers thoughtful design with two flexible nooks-perfect for home workstations-along with a separate laundry room, generous storage, and 9' ceilings. The beautifully renovated kitchen boasts gorgeous finishes, an entertainer's counter/breakfast bar, a convection/induction range with a warming drawer, and abundant cabinetry. The floorplan flows with the kitchen opening to the living and dining areas. Lots of light here as there are large windows in each room. The primary suite features a dedicated bath with a garden tub, separate shower, heated floor, and double sinks. Plus a walk-in closet. There's an in unit laundry room plus a community laundry room if you ever need it. Cozy up by the electric fireplace or step outside to your large, private patio-ideal for relaxing, gardening, or hosting friends. This oversized patio is unique at the Modern and is a highly desirable feature! Enjoy the community pool, workout room, classy lobby/resident relaxation areas, bicycle storage room, individual storage space, and a secure below ground parking garage (this unit comes with two assigned parking spaces) Midtown convenience meets comfortable living. YOU WILL LOVE IT!
25 E 40th St, Indianapolis, IN 46205 is a 2 bedroom, 2 bathroom, 1,746 sqft condo in Meridian Kessler, built in 1965. It last sold for $275,000 on Sep 4, 2025 (1% below the $279,000 asking price). It is currently off market. The Trulia Estimate is $276,300, with a rent estimate of $1,685/month.

Home Details for 25 E 40th St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Dining Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1746 Square Feet
Appliances & Utilities
Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, MicroHood, Convection Oven, Electric Oven, Refrigerator, WasherDishwasherDisposalDryerLaundry: Main Level,In BasementRefrigeratorWasher
Heating & Cooling
Heating: Hot WaterHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Hot Water
Fireplace & Spa
Number of Fireplaces: 1Fireplace: ElectricHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: HardwoodCommon Walls: 1 Common Wall, End Unit
Levels, Entrance, & Accessibility
Stories: 1Levels: OneEntry Location: Ground LevelFloors: Hardwood

Exterior Features

Exterior Home Features
Patio / Porch: PatioFoundation: Other
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Parking Other(Shared Garage)No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Assigned,Attached,Storage
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 30

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, CondominiumArchitecture: Mid-Century Modern
Building
Construction Materials: OtherNot a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 490613150130000801

Price & Status

Price
List Price: $279,000
Status Change & Dates
Off Market Date: Fri Jul 18 2025Possession Timing: Negotiable

Location

Direction & Address
City: IndianapolisCommunity: 40 North On Meridian
School Information
High School District: MSD Washington Township

Building

Building Area
Building Area: 1746 Square Feet

HOA

HOA Fee Includes: Common Cooling, Common Heat, Sewer, Exercise Room, Insurance, Maintenance Grounds, Maintenance Structure, Maintenance, ManagementHas an HOAHOA Fee: $1,106/Monthly

Miscellaneous

Mls Number: 22045847

Additional Information

HOA Amenities: Exercise Course,Fitness Center,Insurance,Maintenance Grounds,Maintenance,Management
Last check for updates: about 12 hours ago
Listed by Scott Lacy
Asset One Real Estate Company
Bought with: Chanda Johnson, Maywright Property Co.
Source: MIBOR as distributed by MLS GRID, MLS#22045847

Price History for 25 E 40th St

DatePriceEventSource
09/04/2025$275,000Sold
MIBOR as distributed by MLS GRID #22045847
07/22/2025$279,000PendingMIBOR as distributed by MLS GRID #22045847
07/15/2025$279,000PriceChange
MIBOR as distributed by MLS GRID #22045847
06/19/2025$299,000Listed For SaleMIBOR as distributed by MLS GRID #22045847
10/08/2015$112,000Sold
MIBOR as distributed by MLS GRID #21352222
06/26/2015$254,000Sold
MIBOR as distributed by MLS GRID #21349620

Market trends in Meridian Kessler

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$490K
$8.33KMoM
Sale-to-List Price
100.0%
0.1%MoM
Price per sq ft
$182
$1MoM
Available listings
70
6MoM
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Comparable Sales for 25 E 40th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3965 N Meridian St #3F, Indianapolis, IN
0.05
Condo
$138,000
02/18/26
2
2
1,360
3965 N Meridian St #2J, Indianapolis, IN
0.05
Condo
$132,000
07/15/26
2
2
1,161
3965 N Meridian St #2G, Indianapolis, IN
0.06
Condo
$119,900
11/05/25
2
1
941
4000 N Meridian St #1F, Indianapolis, IN
0.13
Condo
$121,000
04/01/26
1
1.5
1,040
25 E 40th St #6E, Indianapolis, IN
0.00
Condo
$134,500
01/09/26
1
1
942
4000 N Meridian St #14A, Indianapolis, IN
0.13
Condo
$198,000
05/28/26
1
1
1,000
4000 N Meridian St #3E, Indianapolis, IN
0.13
Condo
$186,000
05/15/26
1
1
1,040
4000 N Meridian St #9E, Indianapolis, IN
0.13
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.
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. "
    0
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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
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  • 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. "
    0
    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 "
    0
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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
    Flag
  • 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
    Flag
  • 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. "
    0
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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!"
    0
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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"
    0
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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

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Off Market Homes Near 25 E 40th St

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Frequently asked questions about 25 E 40th St

  • What is 25 E 40th St estimated to be worth?
    Trulia's estimated value for 25 E 40th St in Indianapolis, IN is $276,300.
  • What is the price history for 25 E 40th St?
    25 E 40th St in Indianapolis, IN last sold for $275,000 in September 2025.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $490K. That is down $8.33K from the prior month.
  • Does 25 E 40th St have air conditioning?
    Yes, 25 E 40th St in Indianapolis, IN has air conditioning.
  • Does 25 E 40th St have laundry facilities?
    Yes, 25 E 40th St in Indianapolis, IN has in-unit laundry.
Based on information submitted to the MLS GRID as of 2026-08-07 12:43:09 PDT. 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. Click here for more information