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1201 Prospect St; Indianapolis, IN Property Details

1201 Prospect St, Indianapolis, IN is a Department Store that was built in 1949. This property is currently a cash purchase and is not for sale. Our records show that 1201 Prospect St has a total of 14,246 square feet. The lot size of 1201 Prospect St is 38,160 square feet.

Off market
1201 Prospect St Indianapolis, IN 46203
$763,800 Estimated Value
14,246 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1949
  • Open Loans: 1
  • APN: 49-10-18-125-001.000-101
  • Situs County: Marion
  • Length Of Ownership: 1 year, 3 months

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Concrete Block
  • Building Condition: Fair
  • Building Quality: C
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 14,246/SqFt
  • Lot: 38,160/SqFt
  • Gross: 14,246/SqFt
  • Living: 14,246/SqFt
  • Building: 14,246/SqFt
  • Ground: 14,246/SqFt

Legal Description

  • Description: BRUCE-ALLEN INC RESUB LOT A & PT VAC OLIVE ST130FT EL 53.9FT SL 90.13 FT TO BEG 50FT S OF NWCOR LA
Building Insights

Land Information

  • Property Type: Department Store
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.751984 / -86.137985
  • Subdivision: Bruce-Allen Inc Resub Lot A &
  • Property Class: Commercial
  • Zoning: ZO01
  • County Use Code: 422

Amenities

  • Plus Four: 1938

Ownership Info

1201 Prospect St has no associated ownership info
1201 Prospect St has no associated ownership info.

Taxes

1201 Prospect St has 10 associated Taxes items

1201 Prospect 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 $763,800. The APN we've located for 1201 Prospect St is 49-10-18-125-001.000-101.

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Taxes
  • Assessed Value:  $763,800
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-18-125-001.000-101
  • Assessed Land Value:  503700
  • Market Land Value:  503700
  • Tax Amount:  22880.86
  • Tax Year:  2025
  • Market Value:  763800
  • Market Year:  2025

Tax History

1201 Prospect St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $763,800 Land Value $503,700 Improvement Value $260,100 Tax Amount $22,880.86 Change Rate +0.163535% Assessed CR Tax Rate +0.029957%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $19,664.96 Change Rate -0.12311% Assessed CR Tax Rate
Year 2023 Assessed Value $736,600 Land Value $503,700 Improvement Value $232,900 Tax Amount $22,425.8 Change Rate -0.005218% Assessed CR Tax Rate +0.030445%
Year 2022 Assessed Value $736,600 Land Value $503,700 Improvement Value $232,900 Tax Amount $22,543.44 Change Rate +0.03121% Assessed CR Tax Rate +0.030605%
Year 2021 Assessed Value $668,200 Land Value $457,900 Improvement Value $210,300 Tax Amount $21,861.16 Change Rate +0.061024% Assessed CR Tax Rate +0.032716%
Year 2020 Assessed Value $695,700 Land Value $457,900 Improvement Value $237,800 Tax Amount $20,603.84 Change Rate +0.003986% Assessed CR Tax Rate +0.029616%
Year 2019 Assessed Value $680,800 Land Value $457,900 Improvement Value $222,900 Tax Amount $20,522.04 Change Rate +0.048503% Assessed CR Tax Rate +0.030144%
Year 2018 Assessed Value $566,300 Land Value $343,400 Improvement Value $222,900 Tax Amount $19,572.7 Change Rate +0.181639% Assessed CR Tax Rate +0.034562%
Year 2017 Assessed Value $601,300 Land Value $343,400 Improvement Value $257,900 Tax Amount $16,564.02 Change Rate +1.161812% Assessed CR Tax Rate +0.027547%
Year 2016 Assessed Value $253,100 Land Value $114,500 Improvement Value $138,600 Tax Amount $7,662.1 Change Rate -0.029556% Assessed CR Tax Rate +0.030273%
Year 2014 Assessed Value $270,300 Land Value $114,500 Improvement Value $155,800 Tax Amount $7,895.46 Change Rate -0.091643% Assessed CR Tax Rate +0.02921%
Year 2013 Assessed Value $270,300 Land Value $114,500 Improvement Value $155,800 Tax Amount $8,692.02 Change Rate Assessed CR Tax Rate +0.032157%