25 E 40th St, Unit 5J

1,448 Sq. Ft.
$131 / Sq. Ft.
1,448
Sq. Ft.
$131
per Sq. Ft.

Description

Welcome to The Modern! Enjoy the maintenance free lifestyle in this desirable fifth floor end unit condo. The unit features beautiful grey laminate flooring throughout the kitchen and large open concept dining and living area with tons of natural light from the large windows featuring custom blinds throughout with room darkening for the bedrooms. The private patio is the perfect place for your morning coffee. Stainless steel appliances and a stacked washer/dryer are included. The large master bedroom...Welcome to The Modern! Enjoy the maintenance free lifestyle in this desirable fifth floor end unit condo. The unit features beautiful grey laminate flooring throughout the kitchen and large open concept dining and living area with tons of natural light from the large windows featuring custom blinds throughout with room darkening for the bedrooms. The private patio is the perfect place for your morning coffee. Stainless steel appliances and a stacked washer/dryer are included. The large master bedroom has even more natural light with an en-suite full bath. Also, there is a second bedroom and a second full bath. The centrally located property gives you a short trip to downtown Indy or Broad Ripple. Amenities include secure underground parking, a pool and 24hr fitness center. HOA fees include all heat/AC/water/sewer/trash.
  1. Listed by Michael Colter • Indy Real Estate Consulting
  2. Listed by Nicholas Krudy

Property Details for 25 East 40th Street, Unit 5J

Architectural Style
Mid-Century Modern
Subdivision Name
The Modern
Township
Washington
Waterfront
No
LISTING UPDATED: 02/16/2026 11:03 AM

Property Details for 25 East 40th Street, Unit 5J

StatusActive
MLS #22067528
Days on Market96
Taxes$1,344 semi-annually
HOA Fees$814 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1965
CountyMarion County

Location

Listing Courtesy of Indy Real Estate Consulting
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Building Information for 25 East 40th Street, Unit 5J

Building/Complex25 E 40th StFloor5Stories-Residences-Pet Policy-Pet Policy Details-Year Built1965

Payment Calculator

$1,964 per month

30 year fixed, 6.15% Interest

Principal and Interest

$926

Property Taxes

$224

HOA Dues

$814

The Payment Calculator is for illustrative purposes only.

Property Information for 25 East 40th Street, Unit 5J

Summary
Location and General Information
  • City: Indianapolis
  • Condo Description Location: Upper Level
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46205
  • Postal Code Plus4: 5601
  • State Or Province: IN
  • Unit Number: 5J
  • View: Neighborhood
  • View: Yes
Taxes and HOA Information
  • Attic YN: Yes
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Cooling, Common Heat, Sewer, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Management, Snow Removal, Trash
  • Association Fee: $814
  • Parcel Number: 490613150130035801
  • Semi Annual Property Tax Amt: 1344
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: 49-06-13-150-130.035-801
  • Association Phone: 317-570-4358
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage YN: Yes
  • Garage Spaces: 1.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Condo Type: Horizontal
  • Lifestyles: Mid Rise/High Rise
  • Lot Size Acres: 0.0
  • Main Level SqFt: 1448
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1448.0
  • Sq Ft Total: 1448.0
  • Year Built Numeric: 1965
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Common Walls: 1 Common Wall, End Unit
  • DPRYN: Yes
  • FHA Certified: No
  • HOA Disclosures: Covenants & Restrictions,Rental Restrictions,Rules & Regulations,Transfer Fee
  • Legal Subdivision: 40 North On Meridian Horizontal Propertyregime Unit 5J Bldg (East)& 1.020% Int In Common Area
  • Ownership Type: Mandatory Fee
  • Photos Count: 21
  • Property Attached: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Transaction Type: Sale
  • Community Features: Fitness Center, Pool
Utilities
  • Solid Waste: No
  • Water Source: Private
Interior and Exterior Features
Exterior Features
  • Association Amenities: Maintenance Grounds, Maintenance, Management, Snow Removal, Trash
  • Construction Materials: Brick
  • Foundation Details: Poured Concrete
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Dining Combo/Family Room
  • Floor Number: 5
  • Heating: Hot Water
  • Interior Features: Breakfast Bar, Hi-Speed Internet Availbl, Wood Work Painted
  • Levels: One
  • Room List: Living Room, Dining Room, Kitchen, Primary Bedroom, Bedroom 2
  • Room and Features: Living Room-Main, Dining Room-Main, Kitchen-Main, Primary Bedroom-Main, Bedroom 2-Main
  • Main Level Bedrooms: 2
  • Laundry Features: Connections All, Laundry Closet
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 5
  • Rooms Total MU: 5
  • Total Rooms: 5
Room 1
  • Room Level: Main
  • Room Dimensions: 21x15
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 11x10
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 15x10
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 17x13
  • Room Type: Primary Bedroom
Room 5
  • Room Level: Main
  • Room Dimensions: 13x12
  • Room Type: Bedroom 2
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 2
  • Full Baths MU: 2
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 2
  • Bedrooms MU: 2
  • Bedrooms Total: 2

Property History for 25 East 40th Street, Unit 5J

DateEvent & SourcePriceAppreciation
Feb 16, 2026

Price Change

MIBORMLS #22067528

$189,900—
Jan 22, 2026

Price Change

MIBORMLS #22067528

$199,900—
Dec 7, 2025

Price Change

MIBORMLS #22067528

$209,900—
Nov 17, 2025

Listed (Active)

MIBORMLS #22067528

$224,900—
Sep 24, 2021

Sold (Public Record)

Public Record #1504984663

$175,000—
Sep 24, 2021

Sold

MIBORMLS #21803132

$175,000—
Aug 18, 2021

Pending

MIBORMLS #21803132

—
Aug 5, 2021

Listed (Active)

MIBORMLS #21803132

$179,000—
Feb 16, 2011

Expired

MIBORMLS #21047071

—
Sep 8, 2010

Listed (Active)

MIBORMLS #21047071

$154,000—
Jan 27, 2010

Expired

MIBORMLS #2939608

—
Aug 7, 2009

Listed (Active)

MIBORMLS #2939608

$174,900—
Apr 9, 2007

Sold

MIBORMLS #2668212

$149,125—
Dec 11, 2006

Pending

MIBORMLS #2668212

—
Oct 13, 2006

Listed (Active)

MIBORMLS #2668212

$148,470—
DateEvent & SourcePrice
02/16/2026

Price Change

MIBORMLS #22067528

$189,900
01/22/2026

Price Change

MIBORMLS #22067528

$199,900
12/07/2025

Price Change

MIBORMLS #22067528

$209,900
11/17/2025

Listed (Active)

MIBORMLS #22067528

$224,900
09/24/2021

Sold (Public Record)

Public Record #1504984663

$175,000
09/24/2021

Sold

MIBORMLS #21803132

$175,000
08/18/2021

Pending

MIBORMLS #21803132

—
08/05/2021

Listed (Active)

MIBORMLS #21803132

$179,000
02/16/2011

Expired

MIBORMLS #21047071

—
09/08/2010

Listed (Active)

MIBORMLS #21047071

$154,000
01/27/2010

Expired

MIBORMLS #2939608

—
08/07/2009

Listed (Active)

MIBORMLS #2939608

$174,900
04/09/2007

Sold

MIBORMLS #2668212

$149,125
12/11/2006

Pending

MIBORMLS #2668212

—
10/13/2006

Listed (Active)

MIBORMLS #2668212

$148,470

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 25 East 40th Street, Unit 5J

Taxable ValueLand$21,900Additions$205,200Total$227,100
Tax Record2024$2,689 ($224 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,448 SqFtAbove Grade Finished SqFt1,448 SqFtStories1Lot Size226 SqFtStyleCondominiumYear Built1965Year Renovated1985ZoningZO01CountyMARIONAPN49-06-13-150-130.035-801

Schools near 25 East 40th Street, Unit 5J

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Charter - PK to 6
Public - PK to 6
Public - PK to 6
Public - PK to 8
Rating
School
Distance
Louis B. Russell Jr. School 48
CharterPK to 6

Robert Lee Frost School 106
PublicPK to 6

Charles Warren Fairbanks School 105
PublicPK to 6

James Whitcomb Riley School 43
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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25 East 40th Street, Unit 5J is a condo for sale in Indianapolis, IN 46205. This property was listed for sale on November 17, 2025 by Indy Real Estate Consulting, it's currently listed at $189,900. It has been on the market for a total of 96 days and was last sold on September 24, 2021. This listing's school district is Indianapolis Public Schools. Nearby schools include Louis B. Russell Jr. School 48, Robert Lee Frost School 106 and Charles Warren Fairbanks School 105. 25 East 40th Street, Unit 5J is a 2-bed, 2-bath, 1,448 sqft condo built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Indy Real Estate Consulting

Based on information submitted to the MLS GRID as of 02/16/2026 11:03 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.