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123 E Michigan St; Indianapolis, IN Property Details

123 E Michigan St, Indianapolis, IN is a Parking Lot that was built in 1980. This property is currently a cash purchase and is not for sale. Our records show that 123 E Michigan St has a total of 3,550 square feet. The lot size of 123 E Michigan St is 3,549 square feet.

Off market
123 E Michigan St Indianapolis, IN 46204
$375,000 Listing Price
3,550 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1980
  • APN: 49-11-01-137-004.000-101
  • Situs County: Marion
  • Length Of Ownership: 1 year

Structure

  • Stories: 5
  • Building Condition: Average
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 3,550/SqFt
  • Lot: 3,549/SqFt
  • Building: 3,550/SqFt

Legal Description

  • Description: CULLEYS SUB L5 SQ17 & 0.5 VAC MICHIGAN ST N & ADJ
Building Insights

Land Information

  • Property Type: Parking Lot
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.773792 / -86.15499
  • Subdivision: Culleys Sub
  • Property Class: Commercial
  • Zoning: ZO01
  • County Use Code: 456

Ownership Info

123 E Michigan St has no associated ownership info
123 E Michigan St has no associated ownership info.

Taxes

123 E Michigan St has 10 associated Taxes items

123 E Michigan 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 $197,500. The APN we've located for 123 E Michigan St is 49-11-01-137-004.000-101.

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Taxes
  • Assessed Value:  $197,500
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-01-137-004.000-101
  • Assessed Land Value:  195200
  • Market Land Value:  195200
  • Tax Amount:  5501.96
  • Tax Year:  2024
  • Market Value:  197500
  • Market Year:  2025

Tax History

123 E Michigan St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $197,500 Land Value $195,200 Improvement Value $2,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,501.96 Change Rate -0.009131% Assessed CR Tax Rate
Year 2023 Assessed Value $197,500 Land Value $195,200 Improvement Value $2,300 Tax Amount $5,552.66 Change Rate -0.001913% Assessed CR Tax Rate +0.028115%
Year 2022 Assessed Value $197,500 Land Value $195,200 Improvement Value $2,300 Tax Amount $5,563.3 Change Rate +0.030733% Assessed CR Tax Rate +0.028169%
Year 2021 Assessed Value $179,600 Land Value $177,500 Improvement Value $2,100 Tax Amount $5,397.42 Change Rate +0.01474% Assessed CR Tax Rate +0.030052%
Year 2020 Assessed Value $179,600 Land Value $177,500 Improvement Value $2,100 Tax Amount $5,319.02 Change Rate -0.016424% Assessed CR Tax Rate +0.029616%
Year 2019 Assessed Value $179,400 Land Value $177,500 Improvement Value $1,900 Tax Amount $5,407.84 Change Rate +0.459196% Assessed CR Tax Rate +0.030144%
Year 2018 Assessed Value $117,200 Land Value $115,300 Improvement Value $1,900 Tax Amount $3,706.04 Change Rate +0.12697% Assessed CR Tax Rate +0.031622%
Year 2017 Assessed Value $117,200 Land Value $115,300 Improvement Value $1,900 Tax Amount $3,288.5 Change Rate -0.07235% Assessed CR Tax Rate +0.028059%
Year 2016 Assessed Value $117,100 Land Value $115,300 Improvement Value $1,800 Tax Amount $3,544.98 Change Rate +0.036398% Assessed CR Tax Rate +0.030273%
Year 2014 Assessed Value $117,100 Land Value $115,300 Improvement Value $1,800 Tax Amount $3,420.48 Change Rate -0.41148% Assessed CR Tax Rate +0.02921%
Year 2013 Assessed Value $179,300 Land Value $177,500 Improvement Value $1,800 Tax Amount $5,812 Change Rate Assessed CR Tax Rate +0.032415%