Taxes
- Assessed Value: $112,100
- Assessed Year: 2025
- Assessed County: Marion
- APN: 49-06-14-156-041.000-801
- Assessed Land Value: 17100
- Market Land Value: 17100
- Tax Amount: 2707.58
- Tax Year: 2024
- Market Value: 112100
- Market Year: 2025
118 W 40th St; Indianapolis, IN Property Details
Off market
118 W 40th St Indianapolis, IN 46208
$115,000 Listing Price
3 Beds
1 Baths
2,080 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1912
- Purchase Price: $115,000
- Open Loans / Balance: 1 / $92,666
- Est. Equity / %: $35,334 / 27.6%
- Gross Yield: 12.591%
- APN: 49-06-14-156-041.000-801
- Situs County: Marion
- Length Of Ownership: 3 years, 2 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Total Rooms: 7
Structure
- Building Style: Frame
- Stories: 1.5
- Building Condition: Average
- Building Quality: D
- Roof Cover Type: Asphalt
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 2,080/SqFt
- Lot: 3,964/SqFt
- Gross: 2,600/SqFt
- Garage: 216/SqFt
- Living: 2,080/SqFt
- Basement: 520/SqFt
- Building: 2,600/SqFt
- Ground: 2,080/SqFt
- Price Per Square Foot: $55.29
Legal Description
- Description: LATTAS NORTH ILLINOIS STREET ADD PT L17 & PT L18 BEG SE COR L18 P.O.B. W50 N79 E50 S79 TO BEG
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: 39.82849 / -86.15994
- Subdivision: Lattas North Illinois Street Add Pt
- Property Class: Residential
- Zoning: ZO01
- County Use Code: 510
Amenities
- Plus Four: 3902
- Cooling: None
- Garage: Detached Garage
- Heating: Central
- Parking: 1
Ownership Info
118 W 40th St has no associated ownership info
118 W 40th St has no associated ownership info.
Taxes
118 W 40th St has 10 associated Taxes items
118 W 40th 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 $112,100. The APN we've located for 118 W 40th St is 49-06-14-156-041.000-801.
Unlock the full reportTax History
118 W 40th St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $112,100 | Land Value $17,100 | Improvement Value $95,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,707.58 | Change Rate +0.170734% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $93,800 | Land Value $17,100 | Improvement Value $76,700 | Tax Amount $2,312.72 | Change Rate +0.160026% | Assessed CR | Tax Rate +0.024656% |
| Year 2022 | Assessed Value $93,800 | Land Value $17,100 | Improvement Value $76,700 | Tax Amount $1,993.68 | Change Rate +0.107268% | Assessed CR | Tax Rate +0.021255% |
| Year 2021 | Assessed Value $74,400 | Land Value $4,100 | Improvement Value $70,300 | Tax Amount $1,800.54 | Change Rate +0.045088% | Assessed CR | Tax Rate +0.024201% |
| Year 2020 | Assessed Value $74,400 | Land Value $4,100 | Improvement Value $70,300 | Tax Amount $1,722.86 | Change Rate -0.004392% | Assessed CR | Tax Rate +0.023157% |
| Year 2019 | Assessed Value $73,300 | Land Value $4,100 | Improvement Value $69,200 | Tax Amount $1,730.46 | Change Rate +0.260901% | Assessed CR | Tax Rate +0.023608% |
| Year 2018 | Assessed Value $54,300 | Land Value $4,100 | Improvement Value $50,200 | Tax Amount $1,372.4 | Change Rate +0.135472% | Assessed CR | Tax Rate +0.025274% |
| Year 2017 | Assessed Value $53,300 | Land Value $4,100 | Improvement Value $49,200 | Tax Amount $1,208.66 | Change Rate +0.124523% | Assessed CR | Tax Rate +0.022677% |
| Year 2016 | Assessed Value $49,900 | Land Value $4,100 | Improvement Value $45,800 | Tax Amount $1,074.82 | Change Rate +0.890159% | Assessed CR | Tax Rate +0.021539% |
| Year 2014 | Assessed Value $26,300 | Land Value $4,100 | Improvement Value $22,200 | Tax Amount $568.64 | Change Rate -0.351696% | Assessed CR | Tax Rate +0.021621% |
| Year 2013 | Assessed Value $26,300 | Land Value $4,100 | Improvement Value $22,200 | Tax Amount $877.12 | Change Rate | Assessed CR | Tax Rate +0.033351% |