Address
7440 N Illinois Street, Indianapolis, IN
Price
$ 2,250,000
Property Attributes
  • MLS#22094391
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CityIndianapolis
  • AreaWashington
  • NeighborhoodMeridian Hills
  • Zip46260
  • StyleTraditional
  • Year Built1940
  • Taxes$ 14452
  • Price$ 2,250,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage6885
  • Lot Size1.16 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

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.

Price History
4/22/2026 Listed $2,650,000
5/6/2026 6$2,499,000
6/19/2026 10$2,250,000

General Features

Heating Forced Air
Cooling Central Air
Possession Closing
Appliances Gas Cooktop,Dishwasher,Dryer,Disposal,Microwave,Convection Oven,Range Hood,Refrigerator,Ice Maker,Tankless Water Heater,Washer,Water Heater,Wine Cooler
Garage Spaces 3
Patio/Porch Features Patio,Screened
Architectural Style Traditional
Construction Materials Brick
Year Built 1940
Township Washington
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Meridian Hills
Garage Y/N Yes
Total Rooms 13
Full Baths 3
Status Active
Directions GPS Friendly
City Indianapolis
High School District MSD Washington Township
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 50529
Property Attached Y/N No
Property Condition Updated/Remodeled
Virtual Tour https://www.addisongroupcreations.com/RE/2026/Q2/7440-N-Illinois-St/n-wj6mmf/i-S6gTFsG/A
Standard Status Active
Tax Lot I-4
Virtual Tour https://www.addisongroupcreations.com/RE/2026/Q2/7440-N-Illinois-St/n-wj6mmf/i-5wm79s2/A
Legal Description 225Ft X 225Ft Beg 198.85 Ft S Of Ne Cor Nw1-4S W 1-4 S26-T17-R3-1.16Ac

Interior Features

Interior Amenities Bath Sinks Double Main,Built-in Features,Ceiling Vaulted,Entrance Foyer,Hardwood Floors,Hi-Speed Internet Availbl,Eat-in Kitchen,Pantry,Sauna,Walk-In Closet(s),Wet Bar,WoodWorkStain/Painted
Basement Partially Finished
Total Fireplaces 2
Fireplace Features Library,Gas Log,Living Room
Basement (Y/N) Yes
Half Baths 1
Laundry Features In Basement
Total Bedrooms 5
Below Grade Finished Area 1816
Main Level Bedrooms 4
LivingAreaSource Plans
Total Baths 4

Exterior Features

Exterior Amenities Water Feature Fountain
Parking Features Attached,Asphalt,Garage Door Opener,Garage Faces Side,Storage
Lot Features Mature Trees
Water Source Public
Foundation Details Concrete Perimeter
Building Area Total 6885
Lot Size Acres 1.16
Other Equipment Security System,Smoke Alarm,Sump Pump,Sump Pump Dual
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46260

Price
AVG $630K
$2.25M
Taxes
AVG $6,178
$14,452
Year Built
AVG 1979
1940
Visits
AVG 76
156
Data Provided by Inside Real Estate®

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.