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118 E Palmer St; Indianapolis, IN Property Details

118 E Palmer St, Indianapolis, IN is a Apt House 5+ Units that was built in 1925. This property is currently Financed and is not for sale. Our records show that 118 E Palmer St has 1 bedroom, and 1 bathroom, and a total of 24,226 square feet. The lot size of 118 E Palmer St is 24,448 square feet.

For Rent
118 E Palmer St Indianapolis, IN 46225
$705,200 Estimated Value
1 Beds
1 Baths
24,226 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1925
  • Purchase Price: $929,000
  • Open Loans: 1
  • APN: 49-11-13-158-010.000-101
  • Situs County: Marion
  • Length Of Ownership: 5 years, 9 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Fair
  • Building Quality: C
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 24,226/SqFt
  • Lot: 24,448/SqFt
  • Gross: 24,226/SqFt
  • Living: 24,226/SqFt
  • Building: 7,776/SqFt
  • Ground: 3,124/SqFt
  • Price Per Square Foot: $38.35

Legal Description

  • Description: FENNEMANS HEIRS ADD L21 L22 L23 L24 & L25
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.746395 / -86.15593
  • Subdivision: Fennemans Heirs Add
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 401

Amenities

  • Plus Four: 1687

Ownership Info

118 E Palmer St has no associated ownership info
118 E Palmer St has no associated ownership info.

Taxes

118 E Palmer St has 10 associated Taxes items

118 E Palmer 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 $705,200. The APN we've located for 118 E Palmer St is 49-11-13-158-010.000-101.

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Taxes
  • Assessed Value:  $705,200
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-13-158-010.000-101
  • Assessed Land Value:  56200
  • Market Land Value:  56200
  • Tax Amount:  17981.08
  • Tax Year:  2025
  • Market Value:  705200
  • Market Year:  2025

Tax History

118 E Palmer St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $705,200 Land Value $56,200 Improvement Value $649,000 Tax Amount $17,981.08 Change Rate +0.163816% Assessed CR Tax Rate +0.025498%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $15,450.1 Change Rate +0.373828% Assessed CR Tax Rate
Year 2023 Assessed Value $446,000 Land Value $7,200 Improvement Value $438,800 Tax Amount $11,246.02 Change Rate +0.275163% Assessed CR Tax Rate +0.025215%
Year 2022 Assessed Value $349,800 Land Value $7,200 Improvement Value $342,600 Tax Amount $8,819.28 Change Rate +0.067823% Assessed CR Tax Rate +0.025212%
Year 2021 Assessed Value $324,900 Land Value $6,500 Improvement Value $318,400 Tax Amount $8,259.12 Change Rate +0.536643% Assessed CR Tax Rate +0.02542%
Year 2020 Assessed Value $214,000 Land Value $6,500 Improvement Value $207,500 Tax Amount $5,374.78 Change Rate +0.024642% Assessed CR Tax Rate +0.025116%
Year 2019 Assessed Value $205,000 Land Value $6,500 Improvement Value $198,500 Tax Amount $5,245.52 Change Rate -0.033711% Assessed CR Tax Rate +0.025588%
Year 2018 Assessed Value $205,000 Land Value $6,500 Improvement Value $198,500 Tax Amount $5,428.52 Change Rate +0.180467% Assessed CR Tax Rate +0.026481%
Year 2017 Assessed Value $195,100 Land Value $6,500 Improvement Value $188,600 Tax Amount $4,598.62 Change Rate +0.019071% Assessed CR Tax Rate +0.023571%
Year 2016 Assessed Value $184,400 Land Value $6,500 Improvement Value $177,900 Tax Amount $4,512.56 Change Rate +0.052364% Assessed CR Tax Rate +0.024472%
Year 2014 Assessed Value $178,600 Land Value $6,500 Improvement Value $172,100 Tax Amount $4,288.02 Change Rate +0.016677% Assessed CR Tax Rate +0.024009%
Year 2013 Assessed Value $178,600 Land Value $6,500 Improvement Value $172,100 Tax Amount $4,217.68 Change Rate Assessed CR Tax Rate +0.023615%