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

1beds
1baths
932sqft
$198,500
$213price/sqft
$1,405/moest. monthly cost
$56,200/yrincome needed

About This Home

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.

Getting Around

70
WalkingVery Walkable
48
TransitSome Transit
66
BikeBikeable

Schools

3/10
2/10
Shortridge High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1963

Materials

  • Roof: Other
  • Construction materials: brick

Type & Style

  • Home type: Condo
  • Architectural style: TraditonalAmerican

Interior

Appliances

  • Appliances included: Dryer,Garbage disposal,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced air,Electric
  • Cooling features: Central

Interior Area

  • Total interior livable area: 932 sqft

Property

Details

  • Parcel number: 490613150098010801

Features

  • Exterior features: Brick
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 436 sqft

Parking

  • Total spaces: 1
  • Parking features: Garage - Attached

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,003$12,036
Home Insurance *$133$1,596
Property Taxes $85$1,020
Electricity $184$2,212
Total$1,405$16,860
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,171/yr
40% on housing$42,150/yr
45% on housing$37,466/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$213This listing

vs Other Active Listings

Avg $/sqft

ZIP 46205$136
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46205$135
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-16Listed for sale$181,300
2026-01-21Listing removed--
2025-10-24Price change$215,000
2025-09-22Listed for sale$225,000
2019-05-15Listing removed$155,000
2019-04-16Pending sale$155,000
2019-03-21Listed for sale$155,000
2014-12-12Listing removed$130,000
2014-09-03Listed for sale$130,000
2014-08-18Sold$0
2012-06-17Listing removed$1,050
2012-04-24Listed for rent$1,050

For Sale by Owner

AgentProperty Owner

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