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1122 W 56th St; Indianapolis, IN Property Details

1122 W 56th St, Indianapolis, IN is a Single Family that was built in 1952. This property is currently Financed and is not for sale. Our records show that 1122 W 56th St has 3 bedrooms, and 1.5 bathrooms, and a total of 2,130 square feet. The lot size of 1122 W 56th St is 59,570 square feet.

For Rent
1122 W 56th St Indianapolis, IN 46228
$2,500 Listing Price
3 Beds
1.5 Baths
2,130 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1952
  • Purchase Price: $400,000
  • Open Loans / Balance: 1 / $230,978
  • Est. Equity / %: $172,022 / 42.69%
  • Gross Yield: 8.793%
  • APN: 49-06-03-117-023.000-800
  • Situs County: Marion
  • Length Of Ownership: 2 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 11
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1
  • Building Condition: Average
  • Building Quality: A
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,130/SqFt
  • Lot: 59,570/SqFt
  • Gross: 2,967/SqFt
  • Garage: 837/SqFt
  • Living: 2,130/SqFt
  • Building: 2,967/SqFt
  • Ground: 2,130/SqFt
  • Price Per Square Foot: $187.79

Legal Description

  • Description: PT SW1/4 SE1/4 S3T16R3 BEG 100W OF SE COR;W159 N375 E159 S375 TO BEG (WALNUT HILLSSURVEY PT TR 1) 1.3688AC
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Washington Township Metropolitan School District
  • Lat / Lon: 39.85437 / -86.184044
  • Subdivision: Walnut Hills Survey
  • Property Class: Residential
  • County Use Code: 511

Amenities

  • Plus Four: 1962
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 3

Ownership Info

1122 W 56th St has no associated ownership info
1122 W 56th St has no associated ownership info.

Taxes

1122 W 56th St has 10 associated Taxes items

1122 W 56th St, Indianapolis, IN pays taxes in Marion County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $388,800. The APN we've located for 1122 W 56th St is 49-06-03-117-023.000-800.

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Taxes
  • Assessed Value:  $388,800
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-06-03-117-023.000-800
  • Assessed Land Value:  55500
  • Market Land Value:  55500
  • Tax Amount:  9355.6
  • Tax Year:  2025
  • Market Value:  388800
  • Market Year:  2025

Tax History

1122 W 56th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $388,800 Land Value $55,500 Improvement Value $333,300 Tax Amount $9,355.6 Change Rate +1.254177% Assessed CR Tax Rate +0.024063%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,150.34 Change Rate +0.177308% Assessed CR Tax Rate
Year 2023 Assessed Value $258,000 Land Value $55,500 Improvement Value $202,500 Tax Amount $3,525.28 Change Rate +0.076132% Assessed CR Tax Rate +0.013664%
Year 2022 Assessed Value $258,000 Land Value $55,500 Improvement Value $202,500 Tax Amount $3,275.88 Change Rate +0.044332% Assessed CR Tax Rate +0.012697%
Year 2021 Assessed Value $213,600 Land Value $33,600 Improvement Value $180,000 Tax Amount $3,136.82 Change Rate +0.095947% Assessed CR Tax Rate +0.014685%
Year 2020 Assessed Value $222,400 Land Value $33,600 Improvement Value $188,800 Tax Amount $2,862.2 Change Rate +0.06343% Assessed CR Tax Rate +0.01287%
Year 2019 Assessed Value $222,400 Land Value $33,600 Improvement Value $188,800 Tax Amount $2,691.48 Change Rate -0.037602% Assessed CR Tax Rate +0.012102%
Year 2018 Assessed Value $217,800 Land Value $33,600 Improvement Value $184,200 Tax Amount $2,796.64 Change Rate +0.02265% Assessed CR Tax Rate +0.01284%
Year 2017 Assessed Value $215,600 Land Value $33,600 Improvement Value $182,000 Tax Amount $2,734.7 Change Rate +0.398309% Assessed CR Tax Rate +0.012684%
Year 2016 Assessed Value $198,900 Land Value $33,600 Improvement Value $165,300 Tax Amount $1,955.72 Change Rate +0.035046% Assessed CR Tax Rate +0.009833%
Year 2014 Assessed Value $191,800 Land Value $33,600 Improvement Value $158,200 Tax Amount $1,889.5 Change Rate -0.058976% Assessed CR Tax Rate +0.009851%
Year 2013 Assessed Value $191,800 Land Value $33,600 Improvement Value $158,200 Tax Amount $2,007.92 Change Rate Assessed CR Tax Rate +0.010469%