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25 E 40th Street Unit APT 1B/D

Indianapolis, IN 46205

2 beds
2 baths
1,746 sqft
$171 per sqft
1965 build

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!

Listing courtesy of MIBOR / Asset One Real Estate Company

Last checked: Checking… • Last updated Jun 22, 2025 •

MLS# 22045847 —

The Building

Year Built:

1965
New Construction:

false
Construction Materials:

Other
Architectural Style:

Mid-Century Modern
Unit Number:

APT 1B/D
Foundation Details:

Other
Condo Type:

Vertical
Condo Description Location:

Ground Level
Levels:

One
Basement:

false
Unit Entry Level:

1
Floor Number:

1
Patio And Porch Features:

Open Patio
Accessibility Features:

No
Common Walls:

1 Common Wall, End Unit
Green Certification:

No
Building Area Total:

1746

Interior

Rooms:

6
Rooms Total:

6
Rooms Total:

6
Interior Features:

Breakfast Bar, Hardwood Floors
Kitchen Features:

Kitchen Updated
Eating Area:

Dining Combo/Living Room
Laundry Features:

Main Level, In Basement
Fireplaces Total:

1
Fireplace Features:

Electric

Room Dimensions

SqFt:

1746
Main Level SqFt:

1746
Living Area:

1746

Location

Directions:

GPS Friendly
Latitude:

39.828102
Longitude:

-86.155188

The Property

View:

true
Property Type:

Residential
Property Subtype:

Condominium
Property Attached:

true
Parcel Number:

490613150130000801
Acres:

<1/4 Acre
Horse Amenities:

None

Listing Agent

Contact info:

Taxes

Tax Lot:

8063362
Tax Year:

2024
Tax Exemptions:

Homestead Tax Exemption
Semi Annual Property Tax Amt:

1392

Beds

Beds:

2
Bedrooms:

2
Bedrooms Total:

2
Main Level Bedrooms:

2
Primary Bedroom Description:

Closet Walk in

Baths

Baths:

2
Full Baths:

2
Full Baths:

2
Full Baths Main:

2

The Listing

FHA Certified:

No

Heating & Cooling

Heating:

Hot Water

Utilities

Water Source:

Municipal/City
Solid Waste:

Yes

Appliances

Appliances:

Electric Cooktop, Dishwasher, Dryer, Disposal, MicroHood, Convection Oven, Electric Oven, Refrigerator, Washer

Schools

High School District:

MSD Washington Township

The Community

Subdivision Name:

40 North On Meridian
Association Amenities:

Exercise Course, Fitness Center, Insurance, Maintenance Grounds, Maintenance, Management
Association Fee Frequency:

Monthly
Association:

true
Association Fee:

1106
HOA Disclosures:

Covenants & Restrictions
Association Fee Includes:

Common Cooling, Common Heat, Sewer, Exercise Room, Insurance, Maintenance Grounds, Maintenance Structure, Maintenance, Management
Management Company Name:

Kirkpatrick
Ownership Interest Types:

Mandatory Fee

Parking

Parking Features:

Assigned, Attached, Storage
Garage:

true
Garage Spaces:

2
Garage & Parking:

Shared Garage

Monthly cost estimate

Asking price

$299,000

Expense	Monthly cost
Mortgage	$1,601
Taxes	$232
Insurance	$82
HOA fees	$1,106
Utilities	$115 See report
Total	$3,136/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
6/19/25 Jun 19, 2025	Listed / Active	MIBOR	$299,000

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This condo located in South Broad Ripple, Indianapolis, IN 46205 is currently for sale for $299,000. 25 E 40th Street Unit APT 1B/D is a 1,746 square foot condo with 2 beds and 2 baths. 25 E 40th Street Unit APT 1B/D is in the South Broad Ripple neighborhood of Indianapolis and has a WalkScore® of 71, making it very walkable. This condo is in the attendance area of George Washington Community High School, James Whitcomb Riley School 43, Arsenal Technical High School, and Riverside High School.

Listing Courtesy of: MIBOR and Asset One Real Estate Company.

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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.

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