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2725 W 40th Street

Anderson, IN 46011

PendingListed Oct 19, 2026 · 1 day on market

Key facts

Beds
3
Baths
2 full
Living area
2,443 sqft
Lot
0.33 acres
Year built
1956
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22132340
County
Madison
Subdivision
Melody Meadows

About this home

Welcome to this 1956 single-family ranch offers 2,443 square feet of living space and is move-in ready, presenting an inviting atmosphere defined by its timeless single-story design. The kitchen serves as the heart of the home, updated recently with newer appliances. Its open-plan design connects seamlessly to the living area, anchored by a practical peninsula that makes daily meal preparation and entertaining straightforward and inclusive. The living room centers around a warm fireplace, providing a comfortable setting for relaxation. This space flows naturally from the kitchen, ensuring that the living area remains the focal point of the home's daily routine. The primary bedroom offers the privacy and convenience of an ensuite bathroom, creating a dedicated space for rest. With a total of three bedrooms and two full bathrooms, the home provides a functional layout tailored for versatile living. The exterior of the property emphasizes functional outdoor enjoyment. The private yard includes a dedicated outdoor dining area and a patio, perfect for spending time outside. An attached garage completes the property, offering convenient access and storage space.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerGas Water HeaterMicroHoodElectric OvenRefrigeratorWasherWater Softener OwnedMicrowave
Interior features
Attic StairwayBreakfast Bar
Kitchen
Kitchen Updated
Other rooms and areas
Utility Room
Fireplaces
1
Fireplace type
Living RoomMasonry
Laundry
Main LevelLaundry Room
Security
Closed Circuit Camera(s)Smoke Detector(s)
Rooms
8
Main-level bedrooms
3

Exterior

Exterior features
StorageStorage ShedFire Pit
Patio and porch
PatioPorch
Construction
Vinyl With StoneStone
Foundation
Block
Style
Ranch
Parking and garage
Attached
Fencing
Full
View
Trees/Woods
Other equipment
Sump Pump

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Public
Utilities
Natural Gas Connected

Lot and HOA

Lot features
Rural - SubdivisionMature Trees

Schools

Middle school
Highland Middle School
School district
Anderson Community School Corp

Taxes

Estimated annual tax
$1,120 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,387per month, estimated
Principal and interest $1,210Property tax $93Insurance $84
20% · $48,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$240,000
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