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(SOLD) $210,000

25 E 40th Street ##7A Indianapolis, IN  46205

  • 2 Beds
  • 2 Baths
  • 1,448 sq. Ft

Property Description for 25 E 40th Street ##7A Indianapolis, IN 46205

Penthouse views on the top floor of The Modern "East" building! This impressive 2 bed/2ba condo has been beautifully updated with gorgeous luxury vinyl wood plank flooring & desirable neutral paint throughout. Imagine watching the sun come up on your east facing private balcony & enjoying a quiet dinner after a long day in the summer shade overlooking the treetops of the Meridian Kessler neighborhood. The Red Line is just steps away for your 12 min downtown commute. 2nd bedroom is currently being used as an office. The spacious ensuite in the primary bedroom is lovely with tremendous closet space and this unit has a stack washer & dryer in the unit! Secure garage parking in the basement makes this mid-rise building perfect for the owner who needs "one level" living. Your association fee includes all heating/AC/water/sewage/onsite gym & salt water pool! You will be hard pressed to find a more affordable, well kept home in the Meridian Kessler area! These upper floor units don't last so see it today!

Address:25 E 40th Street Indianapolis IN 46205
Status:Sold
Sold On: 3/5/2024
Price:$225,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,448
Year Built:1965
County: Marion
Township: Washington
MLS #:21949811
Property Type:Condominium
Buyer Broker Compensation: 3%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:1448
Water Source:Municipal/City
Directions:Building sits at corner of Pennsylvania St and 40th St. The building on Meridian & 40th across from Tarkington Tower is the other building in The Modern complex so be sure to go the one which sits on Penn.
Main Level Sq. Ft. :1,448
Total Sq. Ft. :1,448
Basement:Yes

Loan Price
$1,390
Price And Interest $1,095/month
Property Tax $207/month
MTG INS $0/month
HOME INS $88/month
Price
$210,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$207/month
Home Owner Insurance
$1,056 / year
HOA Dues
$731 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 18x13 Main
Living Room 21x17 Main
Kitchen 15x10 Main
Dining Room 12x11 Main
Bedroom 2 14x12 Main

Semi-Annual Property Tax:$1,242
Tax Year:2022
Mandatory HOA Fee:$731
HOA Fee Paid:Monthly

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: The Modern
Zip Code:46205

Total Sq. Ft.:1,448
Interior Features:Breakfast Bar, Hardwood Floors, Screens Some, Windows Thermal, Windows Vinyl, Wood Work Painted
Eating Area(s):Dining-L
Appliances:Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Wine Cooler
Exterior Type:Brick
Cool:Central Electric
Heat:Hot Water
Water Heater:Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Wine Cooler
Total Rooms:6
Toni Short, REALTOR®/Broker, F. C. Tucker Company
Toni Short
Phone (317) 809-8071
Additional Phone (317) 844-4200
F.C. Tucker Company
VISIT MY PROFILE

Schools in 25 E 40th Street ##7A Indianapolis, IN  46205


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Listing provided courtesy of Antonia Short with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/22/2023 12:00 AM. 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.



Indianapolis Market Report

79
Avg. DOM
$167.47
Avg. $ / Sq.Ft.
$ 292,160
Med. List Price

The house prices in Indianapolis are not dropping at the moment. There has been a increase in price of $4,803.52. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Up. The average house price is $289,000.00 and the average price per square feet is $167.78 per square feet. At the moment, the amount of homes listed is exactly 11225 houses, with 1458 with active status, 1439 with pending status and 8328 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $2,893.41. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 77 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 397 minutes ago.

At the moment we have 61 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $6,000,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $1.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1850 and the newest built house is in year 2024.

The average size of properties in Indianapolis is 2174.45 sq.ft. , the biggest one being 11598 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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