Large Location Icon

116 E 48th St; Indianapolis, IN Property Details

116 E 48th St, Indianapolis, IN is a Single Family that was built in 1930. This property is not for sale. Our records show that 116 E 48th St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,636 square feet. The lot size of 116 E 48th St is 2,788 square feet.

Off market
116 E 48th St Indianapolis, IN 46205
$286,600 Estimated Value
3 Beds
1.5 Baths
1,636 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1930
  • Open Loans / Balance: 1 / $171,868
  • Est. Equity / %: $90,132 / 34.4%
  • Gross Yield: 9.966%
  • APN: 49-06-12-229-035.000-801
  • Situs County: Marion

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,636/SqFt
  • Lot: 2,788/SqFt
  • Gross: 2,468/SqFt
  • Garage: 160/SqFt
  • Living: 1,636/SqFt
  • Basement: 672/SqFt
  • Building: 2,468/SqFt
  • Ground: 1,636/SqFt
  • Garage Unfinished: 160/SqFt

Legal Description

  • Description: ARTHUR V BROWNS EAST MERIDIAN HEIGHTS L51 24.67FT W SIDE 55.55FT S END & L53 25.33FT E END 55.55FT S END
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.841785 / -86.15401
  • Subdivision: Arthur V Browns East Meridian Heights
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 1738
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One: $50
  • H O A Amount: $50
  • H O A One Type: Home Owner Association

Ownership Info

116 E 48th St has no associated ownership info
116 E 48th St has no associated ownership info.

Taxes

116 E 48th St has 10 associated Taxes items

116 E 48th 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 $286,600. The APN we've located for 116 E 48th St is 49-06-12-229-035.000-801.

Unlock the full report
Taxes
  • Assessed Value:  $286,600
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-06-12-229-035.000-801
  • Assessed Land Value:  37400
  • Market Land Value:  37400
  • Tax Amount:  2995.56
  • Tax Year:  2024
  • Market Value:  286600
  • Market Year:  2025

Tax History

116 E 48th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $286,600 Land Value $37,400 Improvement Value $249,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,995.56 Change Rate +0.023388% Assessed CR Tax Rate
Year 2023 Assessed Value $242,400 Land Value $37,400 Improvement Value $205,000 Tax Amount $2,927.1 Change Rate +0.001691% Assessed CR Tax Rate +0.012075%
Year 2022 Assessed Value $231,100 Land Value $37,400 Improvement Value $193,700 Tax Amount $2,922.16 Change Rate +0.089935% Assessed CR Tax Rate +0.012645%
Year 2021 Assessed Value $226,200 Land Value $22,600 Improvement Value $203,600 Tax Amount $2,681.04 Change Rate +0.054025% Assessed CR Tax Rate +0.011853%
Year 2020 Assessed Value $219,500 Land Value $22,600 Improvement Value $196,900 Tax Amount $2,543.62 Change Rate -0.038416% Assessed CR Tax Rate +0.011588%
Year 2019 Assessed Value $223,700 Land Value $22,600 Improvement Value $201,100 Tax Amount $2,645.24 Change Rate -0.001472% Assessed CR Tax Rate +0.011825%
Year 2018 Assessed Value $217,000 Land Value $22,600 Improvement Value $194,400 Tax Amount $2,649.14 Change Rate +0.100562% Assessed CR Tax Rate +0.012208%
Year 2017 Assessed Value $220,800 Land Value $22,600 Improvement Value $198,200 Tax Amount $2,407.08 Change Rate +0.016126% Assessed CR Tax Rate +0.010902%
Year 2016 Assessed Value $224,100 Land Value $22,600 Improvement Value $201,500 Tax Amount $2,368.88 Change Rate +0.04853% Assessed CR Tax Rate +0.010571%
Year 2014 Assessed Value $209,700 Land Value $22,600 Improvement Value $187,100 Tax Amount $2,259.24 Change Rate +0.122883% Assessed CR Tax Rate +0.010774%
Year 2013 Assessed Value $194,100 Land Value $22,600 Improvement Value $171,500 Tax Amount $2,012 Change Rate Assessed CR Tax Rate +0.010366%