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1227 E 56th St; Indianapolis, IN Property Details

1227 E 56th St, Indianapolis, IN is a Single Family that was built in 1944. This property is currently a cash purchase and is not for sale. Our records show that 1227 E 56th St has 3 bedrooms, and 1 bathroom, and a total of 992 square feet. The lot size of 1227 E 56th St is 8,407 square feet.

Off market
1227 E 56th St Indianapolis, IN 46220
$217,969 Listing Price
3 Beds
1 Baths
992 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1944
  • Open Loans / Balance: 1 / $151,733
  • Est. Equity / %: $235,267 / 60.79%
  • Gross Yield: 7.231%
  • APN: 49-07-07-106-014.000-801
  • Situs County: Marion
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 992/SqFt
  • Lot: 8,407/SqFt
  • Gross: 1,512/SqFt
  • Garage: 400/SqFt
  • Living: 992/SqFt
  • Basement: 720/SqFt
  • Building: 1,512/SqFt
  • Ground: 792/SqFt
  • Basement Finished: 200/SqFt
  • Basement Unfinished: 520/SqFt

Legal Description

  • Description: 56TH & HAVERFORD ADD L9
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: 39.854713 / -86.13703
  • Subdivision: 56th & Haverford Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 3223
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

1227 E 56th St has no associated ownership info
1227 E 56th St has no associated ownership info.

Taxes

1227 E 56th St has 10 associated Taxes items

1227 E 56th 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 $270,800. The APN we've located for 1227 E 56th St is 49-07-07-106-014.000-801.

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Taxes
  • Assessed Value:  $270,800
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-07-07-106-014.000-801
  • Assessed Land Value:  42100
  • Market Land Value:  42100
  • Tax Amount:  5844.7
  • Tax Year:  2024
  • Market Value:  270800
  • Market Year:  2025

Tax History

1227 E 56th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $270,800 Land Value $42,100 Improvement Value $228,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,844.7 Change Rate +0.003675% Assessed CR Tax Rate
Year 2023 Assessed Value $241,800 Land Value $42,100 Improvement Value $199,700 Tax Amount $5,823.3 Change Rate -0.050788% Assessed CR Tax Rate +0.024083%
Year 2022 Assessed Value $235,500 Land Value $42,100 Improvement Value $193,400 Tax Amount $6,134.88 Change Rate +0.115741% Assessed CR Tax Rate +0.02605%
Year 2021 Assessed Value $234,700 Land Value $25,300 Improvement Value $209,400 Tax Amount $5,498.48 Change Rate +1.104988% Assessed CR Tax Rate +0.023428%
Year 2020 Assessed Value $112,800 Land Value $25,300 Improvement Value $87,500 Tax Amount $2,612.12 Change Rate +1.445897% Assessed CR Tax Rate +0.023157%
Year 2019 Assessed Value $106,300 Land Value $25,300 Improvement Value $81,000 Tax Amount $1,067.96 Change Rate -0.066224% Assessed CR Tax Rate +0.010047%
Year 2018 Assessed Value $104,500 Land Value $25,300 Improvement Value $79,200 Tax Amount $1,143.7 Change Rate +0.099733% Assessed CR Tax Rate +0.010944%
Year 2017 Assessed Value $106,300 Land Value $25,300 Improvement Value $81,000 Tax Amount $1,039.98 Change Rate +0.286022% Assessed CR Tax Rate +0.009783%
Year 2016 Assessed Value $98,000 Land Value $25,300 Improvement Value $72,700 Tax Amount $808.68 Change Rate +0.070816% Assessed CR Tax Rate +0.008252%
Year 2014 Assessed Value $91,700 Land Value $25,300 Improvement Value $66,400 Tax Amount $755.2 Change Rate +0.095223% Assessed CR Tax Rate +0.008236%
Year 2013 Assessed Value $87,800 Land Value $25,300 Improvement Value $62,500 Tax Amount $689.54 Change Rate Assessed CR Tax Rate +0.007854%