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1227 E Castle Ave; Indianapolis, IN Property Details

1227 E Castle Ave, Indianapolis, IN is a Single Family that was built in 1926. This property is currently Financed and is not for sale. Our records show that 1227 E Castle Ave has 2 bedrooms, and 1.5 bathrooms, and a total of 720 square feet. The lot size of 1227 E Castle Ave is 8,450 square feet.

Off market
1227 E Castle Ave Indianapolis, IN 46227
$151,000 Listing Price
2 Beds
1.5 Baths
720 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1926
  • Purchase Price: $149,747
  • Open Loans / Balance: 2 / $152,041
  • Est. Equity / %: $11,959 / 7.29%
  • Gross Yield: 8.649%
  • APN: 49-10-31-101-001.198-501
  • Situs County: Marion
  • Length Of Ownership: 1 year

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 720/SqFt
  • Lot: 8,450/SqFt
  • Gross: 720/SqFt
  • Garage: 216/SqFt
  • Living: 720/SqFt
  • Building: 720/SqFt
  • Ground: 720/SqFt
  • Price Per Square Foot: $207.98

Legal Description

  • Description: O BEG APPROX 7,676 SF(GIS)
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: 39.7062 / -86.13636
  • Subdivision: Elders University Hts Lot
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 3612
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

1227 E Castle Ave has no associated ownership info
1227 E Castle Ave has no associated ownership info.

Taxes

1227 E Castle Ave has 10 associated Taxes items

1227 E Castle Ave, 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 $131,300. The APN we've located for 1227 E Castle Ave is 49-10-31-101-001.198-501.

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Taxes
  • Assessed Value:  $131,300
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-31-101-001.198-501
  • Assessed Land Value:  30100
  • Market Land Value:  30100
  • Tax Amount:  1338.32
  • Tax Year:  2025
  • Market Value:  131300
  • Market Year:  2025

Tax History

1227 E Castle Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $131,300 Land Value $30,100 Improvement Value $101,200 Tax Amount $1,338.32 Change Rate -0.049907% Assessed CR Tax Rate +0.010193%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,408.62 Change Rate +0.141544% Assessed CR Tax Rate
Year 2023 Assessed Value $118,100 Land Value $30,100 Improvement Value $88,000 Tax Amount $1,233.96 Change Rate +0.030877% Assessed CR Tax Rate +0.010448%
Year 2022 Assessed Value $107,400 Land Value $30,100 Improvement Value $77,300 Tax Amount $1,197 Change Rate +0.126567% Assessed CR Tax Rate +0.011145%
Year 2021 Assessed Value $96,600 Land Value $30,100 Improvement Value $66,500 Tax Amount $1,062.52 Change Rate +0.177229% Assessed CR Tax Rate +0.010999%
Year 2020 Assessed Value $93,700 Land Value $30,100 Improvement Value $63,600 Tax Amount $902.56 Change Rate +0.186205% Assessed CR Tax Rate +0.009632%
Year 2019 Assessed Value $85,400 Land Value $22,800 Improvement Value $62,600 Tax Amount $760.88 Change Rate +0.109122% Assessed CR Tax Rate +0.00891%
Year 2018 Assessed Value $75,500 Land Value $22,800 Improvement Value $52,700 Tax Amount $686.02 Change Rate +0.1562% Assessed CR Tax Rate +0.009086%
Year 2017 Assessed Value $73,800 Land Value $22,800 Improvement Value $51,000 Tax Amount $593.34 Change Rate +0.251561% Assessed CR Tax Rate +0.00804%
Year 2016 Assessed Value $68,400 Land Value $22,800 Improvement Value $45,600 Tax Amount $474.08 Change Rate +0.324616% Assessed CR Tax Rate +0.006931%
Year 2014 Assessed Value $61,400 Land Value $22,800 Improvement Value $38,600 Tax Amount $357.9 Change Rate -0.301086% Assessed CR Tax Rate +0.005829%
Year 2013 Assessed Value $60,900 Land Value $22,800 Improvement Value $38,100 Tax Amount $512.08 Change Rate Assessed CR Tax Rate +0.008409%