Originally constructed in 1940, this residence has been thoughtfully maintained and extensively enhanced over the past five decades, blending timeless character with refined modern updates. Every detail has been carefully considered, with improvements guided by both local and nationally recognized designers. Subtle yet impactful upgrades include the transition from traditional lighting to more contemporary fixtures and the introduction of rich walnut trim in place of classic oak detailing. More significant transformations include relocating the screened porch to the rear of the home and expanding the overall footprint, creating a more functional and inviting layout. The recently renovated kitchen, designed by Fu Tung Cheng of Cheng Design (Berkley, California), offers a warm, modern space ideal for both everyday living and culinary pursuits. Premium features include concrete and stainless steel countertops, a Gaggenau gas range, oven, and convection microwave, an integrated Sub-Zero refrigerator, a spacious pantry, a passthrough to the expansive great room, and a skylight that fills the space with natural light. The original formal living room has been elegantly reimagined as a distinguished library, complete with large windows overlooking the lush front grounds. At the rear of the home, two exceptional living areas provide versatility and comfort: a welcoming great room with vaulted ceilings and a striking bronze fireplace, and a sunken family room ideal for entertaining, with ample space for a pool table and home theater. The expansive primary suite has been beautifully updated to include a private office, custom closet, and a dedicated sitting and dressing area. The ensuite bath serves as a true retreat, featuring heated tile floors, a steam shower, dual vanities, and a luxurious garden tub designed for relaxation. The surrounding landscape, curated by the father-daughter team of Frits Loonsten and Suzie Reese, enhances the home's timeless appeal.
Active
Price cut: $249K (6/19)
$2,250,000
7440 N Illinois St, Indianapolis, IN 46260
5beds
6,885sqft
:
Get pre-qualified$14,265/mo
Residential, Single Family Residence
Built in 1940
1.16 Acres Lot
$-- Zestimate®
$327/sqft
$-- HOA
What's special
Striking bronze fireplacePrivate officeSteam showerDual vanitiesRecently renovated kitchenSpacious pantryCustom closet
- 100 days |
- 1,658 |
- 101 |
Zillow last checked:
Listing updated:
Listed by:
Matt McLaughlin 317-590-0529,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22094391
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 4
Primary bedroom
- Level: Main
- Area: 368 Square Feet
- Dimensions: 23x16
Bedroom 2
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14x13
Bedroom 3
- Level: Main
- Area: 234 Square Feet
- Dimensions: 18x13
Bedroom 4
- Level: Upper
- Area: 360 Square Feet
- Dimensions: 20x18
Dining room
- Features: Parquet
- Level: Main
- Area: 304 Square Feet
- Dimensions: 19x16
Exercise room
- Level: Basement
- Area: 195 Square Feet
- Dimensions: 15x13
Family room
- Level: Main
- Area: 580 Square Feet
- Dimensions: 29x20
Foyer
- Features: Parquet
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Great room
- Level: Main
- Area: 460 Square Feet
- Dimensions: 23x20
Kitchen
- Level: Main
- Area: 170 Square Feet
- Dimensions: 17x10
Laundry
- Features: Other
- Level: Basement
- Area: 240 Square Feet
- Dimensions: 20x12
Library
- Level: Main
- Area: 400 Square Feet
- Dimensions: 25x16
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Convection Oven, Range Hood, Refrigerator, Ice Maker, Tankless Water Heater, Washer, Water Heater, Wine Cooler
- Laundry: In Basement
Features
- Double Vanity, Built-in Features, Entrance Foyer, Hardwood Floors, High Speed Internet, Eat-in Kitchen, Pantry, Sauna, Walk-In Closet(s), Wet Bar
- Flooring: Hardwood
- Windows: WoodWorkStain/Painted
- Basement: Partially Finished
- Number of fireplaces: 2
- Fireplace features: Library, Gas Log, Living Room
Interior area
- Total structure area: 6,885
- Total interior livable area: 6,885 sqft
- Finished area below ground: 1,816
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached, Asphalt, Garage Door Opener, Garage Faces Side, Storage
- Attached garage spaces: 3
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Patio, Screened
- Exterior features: Water Feature Fountain
Lot
- Size: 1.16 Acres
- Features: Mature Trees
Details
- Parcel number: 490326131005000820
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1940
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Security System
- Subdivision: Meridian Hills
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $327/sqft
- Tax assessed value: $1,066,100
- Annual tax amount: $14,452
- Date on market: 4/22/2026
- Cumulative days on market: 99 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Price change | $2,250,000-10%$327/sqft |
Source:  MIBOR as distributed by MLS GRID #22094391 Report a problem | ||
| 5/6/2026 | Price change | $2,499,000-5.7%$363/sqft |
Source: MIBOR as distributed by MLS GRID #22094391 Report a problem | ||
| 5/5/2026 | Pending sale | $2,650,000$385/sqft |
Source: MIBOR as distributed by MLS GRID #22094391 Report a problem | ||
| 4/22/2026 | Listed for sale | $2,650,000$385/sqft |
Source: MIBOR as distributed by MLS GRID #22094391 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,057 +15.9% | $1,066,100 +6.6% |
| 2024 | $12,131 -10.2% | $999,900 +14.1% |
| 2023 | $13,503 +15.2% | $876,000 -7.2% |
| 2022 | $11,725 +3.9% | $944,000 +12.6% |
| 2021 | $11,279 +7.8% | $838,300 -2.6% |
| 2020 | $10,464 +12.5% | $860,300 |
| 2019 | $9,298 +2.4% | $860,300 +9.2% |
| 2018 | $9,077 +20.3% | $788,000 +1.3% |
| 2017 | $7,544 +7.1% | $777,800 +14.1% |
| 2016 | $7,041 +1.3% | $681,500 +2.7% |
| 2014 | $6,953 +0.5% | $663,600 -3.7% |
| 2013 | $6,922 | $689,200 +4.3% |
| 2012 | $6,922 | $660,700 +11% |
| 2011 | -- | $595,000 |
| 2010 | $6,223 +2.2% | $595,000 -2.9% |
| 2009 | $6,087 | $612,700 +1% |
| 2007 | -- | $606,800 +2.1% |
| 2006 | -- | $594,100 +38.6% |
| 2005 | -- | $428,500 |
| 2004 | -- | $428,500 |
| 2003 | -- | $428,500 +115.9% |
| 2002 | -- | $198,500 +200% |
| 2001 | -- | $66,170 |
| 2000 | -- | $66,170 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Meridian Hills
Nearby schools
GreatSchools rating
- 3/10Fox Hill Elementary SchoolGrades: K-5Distance: 1.8 mi
- 3/10Westlane Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10North Central High SchoolGrades: 9-12Distance: 2.2 mi
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