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1162 S Drexel Ave; Indianapolis, IN Property Details

1162 S Drexel Ave, Indianapolis, IN is a Single Family that was built in 1948. This property is currently a cash purchase and is not for sale. Our records show that 1162 S Drexel Ave has 2 bedrooms, and a total of 600 square feet. The lot size of 1162 S Drexel Ave is 10,498 square feet.

Off market
1162 S Drexel Ave Indianapolis, IN 46203
$64,200 Estimated Value
2 Beds
600 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1948
  • Open Loans / Balance: 1 / $7,122
  • Est. Equity / %: $104,878 / 93.64%
  • Gross Yield: 11.764%
  • APN: 49-10-16-151-025.000-101
  • Situs County: Marion
  • Length Of Ownership: 3 months

Rooms

  • Bedrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Fair
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 600/SqFt
  • Lot: 10,498/SqFt
  • Gross: 600/SqFt
  • Garage: 528/SqFt
  • Living: 600/SqFt
  • Building: 600/SqFt
  • Ground: 600/SqFt

Legal Description

  • Description: 60FT E LINE 175FT S LINE BEG 912.3FT W & 348.5FTN OF SE COR PT NW1-4 NE1-4 S16 T15 R4 0.24AC
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: 39.750256 / -86.09123
  • Subdivision: Section 16 Township 15 R 04 Ne1/4
  • Property Class: Residential
  • County Use Code: 511

Amenities

  • Plus Four: 2301
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 3

HOA

  • H O A One: $269
  • H O A Amount: $269
  • H O A One Frequency: Monthly
  • H O A One Name: Winding Ridge Hoa Inc
  • H O A One Type: Home Owner Association

Ownership Info

1162 S Drexel Ave has no associated ownership info
1162 S Drexel Ave has no associated ownership info.

Taxes

1162 S Drexel Ave has 10 associated Taxes items

1162 S Drexel Ave, 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 $64,200. The APN we've located for 1162 S Drexel Ave is 49-10-16-151-025.000-101.

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Taxes
  • Assessed Value:  $64,200
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-16-151-025.000-101
  • Assessed Land Value:  10800
  • Market Land Value:  10800
  • Tax Amount:  1620.3
  • Tax Year:  2025
  • Market Value:  64200
  • Market Year:  2025

Tax History

1162 S Drexel Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $64,200 Land Value $10,800 Improvement Value $53,400 Tax Amount $1,620.3 Change Rate +0.236965% Assessed CR Tax Rate +0.025238%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,309.9 Change Rate -0.094047% Assessed CR Tax Rate
Year 2023 Assessed Value $55,200 Land Value $10,800 Improvement Value $44,400 Tax Amount $1,445.88 Change Rate -0.005119% Assessed CR Tax Rate +0.026193%
Year 2022 Assessed Value $55,800 Land Value $10,800 Improvement Value $45,000 Tax Amount $1,453.32 Change Rate +0.319042% Assessed CR Tax Rate +0.026045%
Year 2021 Assessed Value $41,900 Land Value $10,800 Improvement Value $31,100 Tax Amount $1,101.8 Change Rate +0.148187% Assessed CR Tax Rate +0.026296%
Year 2020 Assessed Value $40,100 Land Value $10,800 Improvement Value $29,300 Tax Amount $959.6 Change Rate +0.135568% Assessed CR Tax Rate +0.02393%
Year 2019 Assessed Value $34,300 Land Value $6,700 Improvement Value $27,600 Tax Amount $845.04 Change Rate -0.043358% Assessed CR Tax Rate +0.024637%
Year 2018 Assessed Value $31,500 Land Value $6,700 Improvement Value $24,800 Tax Amount $883.34 Change Rate +0.081226% Assessed CR Tax Rate +0.028043%
Year 2017 Assessed Value $32,600 Land Value $6,700 Improvement Value $25,900 Tax Amount $816.98 Change Rate +0.149834% Assessed CR Tax Rate +0.025061%
Year 2016 Assessed Value $31,000 Land Value $6,700 Improvement Value $24,300 Tax Amount $710.52 Change Rate +0.006516% Assessed CR Tax Rate +0.02292%
Year 2014 Assessed Value $31,000 Land Value $6,700 Improvement Value $24,300 Tax Amount $705.92 Change Rate +0.012914% Assessed CR Tax Rate +0.022772%
Year 2013 Assessed Value $31,500 Land Value $6,700 Improvement Value $24,800 Tax Amount $696.92 Change Rate Assessed CR Tax Rate +0.022124%