7440 N Illinois ST Indianapolis, IN 46260 New

UPDATED: 04/23/2026 10:30 PM ON MARKET: 2 days on market

$2,650,000

5 Beds4 Baths6,885 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 6,885 sqft

Price per Sqft $384

Subdivision Meridian Hills

MLS Listing ID 22094391

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1940

Tax Year 2025

Lot Size 1.160 Acres

Acres 1.16

Property Sub-Type Single Family Residence

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.


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