Rising sixteen stories above the corner of 40th and Meridian, Tarkington Tower offers a style of residential living that remains relatively uncommon in Indianapolis: established high-rise condominiums in a well-connected neighborhood, with expansive views across the city.
Originally built in 1966 as an upscale apartment community, the building was converted into condominiums in 1979. It became Indianapolis’ first high-rise condominium development and continues to hold a distinctive place within the city’s residential landscape.
The fieldstone wall running along the Meridian Street and 40th Street sidewalks is a reminder of the estate that once occupied the block. However, the appeal of Tarkington Tower is not limited to its history. Today, it offers residents a combination of spacious homes, useful amenities and convenient access to some of Indianapolis’ best-known cultural and recreational destinations.
Life Inside Tarkington Tower
The condominiums within the building vary considerably in size, layout and finish. Buyers may find everything from practical single units to extensively renovated residences created by combining multiple condominiums.
Homes have historically ranged from approximately $80,000 to $650,000, although prices naturally depend on availability, condition, floor level, views and the amount of living space included. Buyers interested in current listings can explore available Tarkington Tower homes for sale and review the latest pricing information.
At the upper end of the market, some owners have completed substantial refurbishments or joined adjoining units to create unusually large homes. These residences can provide the space and privacy of a substantial property while retaining the convenience associated with condominium living.
Large windows and elevated positions give many units impressive views over Indianapolis. Depending on the location of the residence within the building, owners may enjoy views towards downtown, nearby neighborhoods or the surrounding tree canopy.
A Building Designed for Long-Term Living
A condominium community is shaped not only by the appearance of individual homes, but also by the way its shared areas and long-term maintenance are managed.
Tarkington Tower has maintained a reserve fund alongside a ten-year capital plan intended to support planned improvements throughout the building. This structured approach allows the condominium association to address maintenance requirements and invest in shared facilities over time.
Several important common areas have undergone upgrades, including the main lobby, the Terrace Room meeting area and the exercise facility. Work has also progressed within the building’s lower-level lobby.
These improvements help preserve the character of the property while ensuring that its shared spaces continue to meet the expectations of modern residents.
Amenities and Shared Spaces
The building offers amenities that support both everyday convenience and community life. Residents can make use of shared areas for meetings, exercise and social occasions without having to leave the property.
The Terrace Room provides a flexible setting for gatherings and events, while the exercise facility gives residents an accessible option for maintaining a regular fitness routine.
For many buyers, this balance is an important part of the building’s appeal. Residents can enjoy the privacy of their own condominium while still benefiting from professionally maintained communal areas and facilities.
The Neighborhood Around Tarkington Tower
Location is one of the property’s strongest advantages. Tarkington Tower is positioned close to several established Indianapolis neighborhoods and within easy reach of shops, restaurants, parks, universities and cultural attractions.
Tarkington Park sits directly across from the building, giving residents convenient access to open space, recreation and community facilities. Butler University is only a few minutes away, while Newfields, formerly known as the Indianapolis Museum of Art, is also nearby.
Downtown Indianapolis can be reached by travelling directly south along Meridian Street, making the building an attractive option for residents who want access to the city centre without living in the middle of the downtown district.
Local Coffee Shops and Cafés
Residents have several popular cafés within a short drive of the building.
Hubbard & Cravens Coffee Co. on North Pennsylvania Street is a well-established local roaster known for its strong coffee, relaxed atmosphere and comfortable seating. It can be a useful destination for informal meetings, remote work or a quiet morning outside the home.
Taste Café & Marketplace on North College Avenue offers a more leisurely café experience, with breakfast and lunch options that make it suitable for longer visits.
These independent neighborhood businesses contribute to the area’s established and residential feel.
Bakeries and Lunch Options
Illinois Street Food Emporium has become a neighborhood institution. Combining a bakery, delicatessen and catering business, it is known for its baked goods, sandwiches, salads and convenient lunch options.
For cakes and special occasions, Taylor’s Bakery has served Indianapolis residents for generations. Its longstanding reputation makes it a familiar choice for birthdays, celebrations and family gatherings.
The presence of these established local businesses means residents can access everyday essentials and neighborhood favourites without regularly travelling downtown.
Ice Cream and Seasonal Treats
During the warmer months, Graeter’s on North Illinois Street is a popular nearby destination. The company is particularly known for its dense French pot ice cream and selection of traditional and seasonal flavours.
Its location just a short distance from Tarkington Tower makes it an easy stop after visiting the park, spending time in the neighborhood or returning home from other parts of the city.
A Distinctive Indianapolis Condominium Community
Tarkington Tower offers a combination that can be difficult to replicate elsewhere in Indianapolis.
It has the history and architectural presence of an established high-rise, but it is located within a neighborhood rather than a purely commercial downtown environment. Residents can enjoy elevated city views, shared amenities and convenient access to green spaces, shops, restaurants and cultural destinations.
The range of condominium sizes also means the building can appeal to several types of buyers. Some may be looking for a manageable city residence, while others may want a substantially renovated home with more generous living space.
Nearly sixty years after the building was completed, Tarkington Tower remains one of Indianapolis’ most distinctive residential properties. For buyers seeking high-rise condominium living in an established and accessible location, it continues to offer an alternative that few other buildings in the city can match.
