Skip to content
Skip to content
TopHapOpen in map
CondominiumResidential
$234,000$162 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

25 E 40TH ST

INDIANAPOLIS, IN 46205
Building report
2
Beds
1
Baths
1,448 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
436 ft²
Lot SizeThe size of the land the home sits on, from county records.
1965
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$234K
$218K low$250K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,534 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$230,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$21,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$208,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$227,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$230,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyMARION
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1985
Lot (acres)The size of the land the home sits on, from county records.0.01
ConstructionThe main material the home's frame and walls are built from.Brick
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
James Whitcomb Riley School 43F
Elementary · Grades PK–5 · 0.3 mi
H
Shortridge High School
High · Grades 9–12 · 0.7 mi
M
KIPP Indy College Prep Middle SchoolF
Middle · Grades 6–8 · 1.8 mi

District: Indianapolis Public Schools

Neighborhood · ZIP 46205These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.119
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.101
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.38

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.28%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.28,148
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,340 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$75,510
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$94,995
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

Owner Tools

Do you own this home?
Claim this home

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

25 E 40th St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 89% of homes in Meridian Kessler
  • Costs less per square foot than 86% of homes in Meridian Kessler
  • Smaller than 69% of homes in Meridian Kessler
  • Among the smallest lots in Indianapolis 46205
  • Newer than 98% of homes in Meridian Kessler

What homes are worth in Indianapolis 46205

Each bar is how many homes fall in that price range. The marker is this home.

This home
$80K$897K

This home is worth more than 43% of homes in Indianapolis 46205.

How it measures up in Indianapolis 46205

The dot is this home. The mark in the middle is the typical home in Indianapolis 46205.

Estimated value$234,000
CheaperTypical $258,493Pricier

Pricier than 43% of homes nearby

Price per ft²$162
CheaperTypical $174Pricier

Pricier than 41% of homes nearby

Living area1,448 ft²
SmallerTypical 1,576 ft²Bigger

Bigger than 44% of homes nearby

Lot size436 ft²
SmallerTypical 0.14 acBigger

Smaller than almost all homes nearby

Year built1965
OlderTypical 1925Newer

Newer than 87% of homes nearby

How 25 E 40th St ranks against every home in each area.
MeasureThis homeMeridian KesslerIndianapolis 46205Marion County
Estimated valuepricier than$234,00011% of homes43% of homes52% of homes
Price per ft²pricier than$16214% of homes41% of homes64% of homes
Living areabigger than1,448 ft²31% of homes44% of homes46% of homes
Lot sizebigger than436 ft²2% of homesalmost no homesalmost no homes
Year builtnewer than196598% of homes87% of homes54% of homes

About 25 E 40th St

How much is 25 E 40th St, Indianapolis, IN worth?

The TopHap Estimate for 25 E 40th St, Indianapolis, IN is $234,000 as of Sep 24, 2026. The likely range is $218,332 to $249,668. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 25 E 40th St, Indianapolis, IN last sell?

25 E 40th St, Indianapolis, IN last sold on Sep 27, 2007, according to the county's recorded deed.

How big is 25 E 40th St, Indianapolis, IN?

25 E 40th St, Indianapolis, IN has 2 bedrooms, 1 bathrooms, 1,448 square feet of living space and a 0.01-acre lot.

When was 25 E 40th St, Indianapolis, IN built?

25 E 40th St, Indianapolis, IN was built in 1965, making it 61 years old. It is a condo/apartment home. The building has 1 story.

What schools serve 25 E 40th St, Indianapolis, IN?

25 E 40th St, Indianapolis, IN is assigned to James Whitcomb Riley School 43 (elementary), rated F; Shortridge High School (high); KIPP Indy College Prep Middle School (middle), rated F. All sit in Indianapolis Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 25 E 40th St, Indianapolis, IN compare to other homes in Indianapolis 46205?

Among the 10,198 homes in Indianapolis 46205, it is worth more than 43% of them ($234,000 against a typical $258,493), its price per square foot is higher than 41% of them ($162 against a typical $174), it is bigger than 44% of them (1,448 ft² against a typical 1,576 ft²), its lot is bigger than almost none of them (436 ft² against a typical 0.14 ac) and it is newer than 87% of them (1965 against a typical 1925). Measured against all of Marion County, it is worth more than 52% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 25 E 40th St, Indianapolis, IN?

The 2025 property tax bill for 25 E 40th St, Indianapolis, IN was $2,534. The county assessed it at $230,400.

More homes on E 40th St

Closest homes

More homes in Indianapolis 46205

Assigned schools

Explore the area

See this home in context

Open 25 E 40th St on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map