7440 N Illinois Street
Indianapolis, IN, 46260 $ 2,100,000
Bedrooms5 Baths3.1 Sq 6,885 Monthly Estimate*
$ 14,504
for $2,100,000 with 5 bedrooms and 3 full baths, 1 half bath. This 6,885 square foot home was built in 1940 on a lot size of 1.16.
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.
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FeaturesInteriorInterior Amenities Bath Sinks Double Main Built-in Features Vaulted Ceiling(s) Entrance Foyer 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) Y
Half Baths 1
Laundry Features In Basement
Total Bedrooms 5
Below Grade Finished Area 1816
Main Level Bedrooms 4
Total Baths 4
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GeneralHeating 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 N
Property Type Residential
HOA N
Subdivision Name Meridian Hills
Garage Y/N Y
Total Rooms 13
Full Baths 3
Status Pending
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 N
Property Condition Updated/Remodeled
Virtual Tour https://www.addisongroupcreations.com/RE/2026/Q2/7440-N-Illinois-St/n-wj6mmf/i-S6gTFsG/A https://www.addisongroupcreations.com/RE/2026/Q2/7440-N-Illinois-St/n-wj6mmf/i-5wm79s2/A
Standard Status Pending
Tax Lot I-4
Legal Description 225Ft X 225Ft Beg 198.85 Ft S Of Ne Cor Nw1-4S W 1-4 S26-T17-R3-1.16Ac
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ExteriorExterior 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
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* Excluded FeaturesList ByF.C. Tucker CompanyBroker
mmcl@talktotucker.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $14,504
- Monthly Property Taxes
- $1,204
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Indianapolis, IN
Average List Price $314,758
Percent of Sale Price 85%
About Indianapolis, IN 843,184 Population
8% Since 2002
$ 43,160 Median Income
35.24 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4045179 Elementary School
4045182 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/15/2026 | $2,100,000 | -6.67% | Price Down |
| 6/19/2026 | $2,250,000 | -9.96% | Price Down |
| 5/6/2026 | $2,499,000 | -5.70% | Price Down |
| 4/22/2026 | $2,650,000 | | Listed Price |