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121 S Sherman Dr; Indianapolis, IN Property Details

121 S Sherman Dr, Indianapolis, IN is a Single Family that was built in 1915. This property is currently a cash purchase and is not for sale. Our records show that 121 S Sherman Dr has 2 bedrooms, and a total of 3,720 square feet. The lot size of 121 S Sherman Dr is 3,332 square feet.

Off market
121 S Sherman Dr Indianapolis, IN 46201
$181,000 Estimated Value
2 Beds
3,720 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1915
  • Open Loans / Balance: 1 / $47,272
  • Est. Equity / %: $154,728 / 76.6%
  • Gross Yield: 10.093%
  • APN: 49-10-09-123-001.000-101
  • Situs County: Marion
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 2
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 3,720/SqFt
  • Lot: 3,332/SqFt
  • Gross: 5,580/SqFt
  • Living: 3,720/SqFt
  • Basement: 1,860/SqFt
  • Building: 5,580/SqFt
  • Ground: 4,136/SqFt

Legal Description

  • Description: LOUIS MORGAN L5
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: 39.766857 / -86.10177
  • Subdivision: Louis Morgan
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 4430
  • Bathroom Fixtures: 11
  • Cooling: None
  • Heating: Central

Ownership Info

121 S Sherman Dr has no associated ownership info
121 S Sherman Dr has no associated ownership info.

Taxes

121 S Sherman Dr has 10 associated Taxes items

121 S Sherman Dr, 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 $181,000. The APN we've located for 121 S Sherman Dr is 49-10-09-123-001.000-101.

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Taxes
  • Assessed Value:  $181,000
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-09-123-001.000-101
  • Assessed Land Value:  12100
  • Market Land Value:  12100
  • Tax Amount:  2037.88
  • Tax Year:  2025
  • Market Value:  181000
  • Market Year:  2025

Tax History

121 S Sherman Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $181,000 Land Value $12,100 Improvement Value $168,900 Tax Amount $2,037.88 Change Rate -0.448793% Assessed CR Tax Rate +0.011259%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,697.12 Change Rate +1.146045% Assessed CR Tax Rate
Year 2023 Assessed Value $147,100 Land Value $12,100 Improvement Value $135,000 Tax Amount $1,722.76 Change Rate -0.182627% Assessed CR Tax Rate +0.011711%
Year 2022 Assessed Value $80,800 Land Value $3,700 Improvement Value $77,100 Tax Amount $2,107.68 Change Rate +0.138277% Assessed CR Tax Rate +0.026085%
Year 2021 Assessed Value $71,700 Land Value $3,400 Improvement Value $68,300 Tax Amount $1,851.64 Change Rate +0.115217% Assessed CR Tax Rate +0.025825%
Year 2020 Assessed Value $71,700 Land Value $3,400 Improvement Value $68,300 Tax Amount $1,660.34 Change Rate +0.023713% Assessed CR Tax Rate +0.023157%
Year 2019 Assessed Value $68,700 Land Value $3,400 Improvement Value $65,300 Tax Amount $1,621.88 Change Rate -0.112291% Assessed CR Tax Rate +0.023608%
Year 2018 Assessed Value $68,700 Land Value $3,400 Improvement Value $65,300 Tax Amount $1,827.04 Change Rate +0.146515% Assessed CR Tax Rate +0.026594%
Year 2017 Assessed Value $66,200 Land Value $3,400 Improvement Value $62,800 Tax Amount $1,593.56 Change Rate +0.155792% Assessed CR Tax Rate +0.024072%
Year 2016 Assessed Value $62,600 Land Value $3,400 Improvement Value $59,200 Tax Amount $1,378.76 Change Rate +0.021955% Assessed CR Tax Rate +0.022025%
Year 2014 Assessed Value $62,400 Land Value $3,400 Improvement Value $59,000 Tax Amount $1,349.14 Change Rate -0.03054% Assessed CR Tax Rate +0.021621%
Year 2013 Assessed Value $62,400 Land Value $3,400 Improvement Value $59,000 Tax Amount $1,391.64 Change Rate Assessed CR Tax Rate +0.022302%