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120 W 40th St; Indianapolis, IN Property Details

120 W 40th St, Indianapolis, IN is a Single Family that was built in 1916. This property is not for sale. Our records show that 120 W 40th St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,421 square feet. The lot size of 120 W 40th St is 6,478 square feet.

Off market
120 W 40th St Indianapolis, IN 46208
$129,600 Estimated Value
3 Beds
1.5 Baths
1,421 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1916
  • Est. Equity / %: $194,000 / 100%
  • Gross Yield: 11.666%
  • APN: 49-06-14-156-045.000-801
  • Situs County: Marion

Rooms

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

Structure

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

Measurements

  • Total: 1,421/SqFt
  • Lot: 6,478/SqFt
  • Gross: 1,953/SqFt
  • Garage: 216/SqFt
  • Living: 1,421/SqFt
  • Basement: 532/SqFt
  • Building: 1,953/SqFt
  • Ground: 1,421/SqFt

Legal Description

  • Description: LATTAS NORTH ILLINOIS STREET ADD PT L17 & PT L18 BEG SW COR OF L18 P.O.B E82 N79 W82 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: 39.828472 / -86.1602
  • Subdivision: Lattas North Illinois Street Add Pt
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 3902
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

120 W 40th St has no associated ownership info
120 W 40th St has no associated ownership info.

Taxes

120 W 40th St has 10 associated Taxes items

120 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 $129,600. The APN we've located for 120 W 40th St is 49-06-14-156-045.000-801.

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Taxes
  • Assessed Value:  $129,600
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-06-14-156-045.000-801
  • Assessed Land Value:  31100
  • Market Land Value:  31100
  • Tax Amount:  3127.6
  • Tax Year:  2024
  • Market Value:  129600
  • Market Year:  2025

Tax History

120 W 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $129,600 Land Value $31,100 Improvement Value $98,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,127.6 Change Rate +0.141902% Assessed CR Tax Rate
Year 2023 Assessed Value $110,800 Land Value $31,100 Improvement Value $79,700 Tax Amount $2,738.94 Change Rate +0.31978% Assessed CR Tax Rate +0.02472%
Year 2022 Assessed Value $110,800 Land Value $31,100 Improvement Value $79,700 Tax Amount $2,075.3 Change Rate +0.108932% Assessed CR Tax Rate +0.01873%
Year 2021 Assessed Value $76,400 Land Value $3,600 Improvement Value $72,800 Tax Amount $1,871.44 Change Rate +0.002539% Assessed CR Tax Rate +0.024495%
Year 2020 Assessed Value $80,300 Land Value $3,600 Improvement Value $76,700 Tax Amount $1,866.7 Change Rate -0.005816% Assessed CR Tax Rate +0.023247%
Year 2019 Assessed Value $79,200 Land Value $3,600 Improvement Value $75,600 Tax Amount $1,877.62 Change Rate -0.056482% Assessed CR Tax Rate +0.023707%
Year 2018 Assessed Value $79,200 Land Value $3,600 Improvement Value $75,600 Tax Amount $1,990.02 Change Rate +0.130732% Assessed CR Tax Rate +0.025127%
Year 2017 Assessed Value $78,200 Land Value $3,600 Improvement Value $74,600 Tax Amount $1,759.94 Change Rate +0.086866% Assessed CR Tax Rate +0.022506%
Year 2016 Assessed Value $74,400 Land Value $3,600 Improvement Value $70,800 Tax Amount $1,619.28 Change Rate +0.041271% Assessed CR Tax Rate +0.021765%
Year 2014 Assessed Value $71,500 Land Value $3,600 Improvement Value $67,900 Tax Amount $1,555.1 Change Rate -0.200553% Assessed CR Tax Rate +0.02175%
Year 2013 Assessed Value $71,500 Land Value $3,600 Improvement Value $67,900 Tax Amount $1,945.22 Change Rate Assessed CR Tax Rate +0.027206%