Large Location Icon

123 E Southern Ave; Indianapolis, IN Property Details

123 E Southern Ave, Indianapolis, IN is a Single Family that was built in 1925. This property is currently Financed and is not for sale. Our records show that 123 E Southern Ave has 2 bedrooms, and 1 bathroom, and a total of 923 square feet. The lot size of 123 E Southern Ave is 10,019 square feet.

Off market
123 E Southern Ave Indianapolis, IN 46225
$74,436 Listing Price
2 Beds
1 Baths
923 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1925
  • Purchase Price: $112,800
  • Open Loans / Balance: 1 / $70,469
  • Est. Equity / %: $128,531 / 64.59%
  • Gross Yield: 10.076%
  • APN: 49-11-24-162-003.000-101
  • Situs County: Marion
  • Length Of Ownership: 10 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 923/SqFt
  • Lot: 10,019/SqFt
  • Gross: 1,846/SqFt
  • Garage: 720/SqFt
  • Living: 923/SqFt
  • Basement: 923/SqFt
  • Building: 1,846/SqFt
  • Ground: 923/SqFt
  • Price Per Square Foot: $122.21

Legal Description

  • Description: PT W1/2 SW1/4 S24 T15 R3 (HOEFGEN HEIRS ETAL PT L12) 499.01 W NE COR P.O.B. S125 W79 N125 E79 TO BEG .226 AC
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: 39.72965 / -86.15594
  • Subdivision: Section 24 Township 15 R 03
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 2013
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 4

Ownership Info

123 E Southern Ave has no associated ownership info
123 E Southern Ave has no associated ownership info.

Taxes

123 E Southern Ave has 10 associated Taxes items

123 E Southern 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 $179,500. The APN we've located for 123 E Southern Ave is 49-11-24-162-003.000-101.

Unlock the full report
Taxes
  • Assessed Value:  $179,500
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-24-162-003.000-101
  • Assessed Land Value:  14100
  • Market Land Value:  14100
  • Tax Amount:  1898.1
  • Tax Year:  2024
  • Market Value:  179500
  • Market Year:  2025

Tax History

123 E Southern Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $179,500 Land Value $14,100 Improvement Value $165,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,898.1 Change Rate -0.030404% Assessed CR Tax Rate
Year 2023 Assessed Value $161,500 Land Value $14,100 Improvement Value $147,400 Tax Amount $1,957.62 Change Rate +0.011878% Assessed CR Tax Rate +0.012121%
Year 2022 Assessed Value $157,700 Land Value $14,100 Improvement Value $143,600 Tax Amount $1,934.64 Change Rate +0.212545% Assessed CR Tax Rate +0.012268%
Year 2021 Assessed Value $132,800 Land Value $14,100 Improvement Value $118,700 Tax Amount $1,595.52 Change Rate +0.164392% Assessed CR Tax Rate +0.012014%
Year 2020 Assessed Value $122,400 Land Value $14,100 Improvement Value $108,300 Tax Amount $1,370.26 Change Rate +0.226688% Assessed CR Tax Rate +0.011195%
Year 2019 Assessed Value $108,000 Land Value $5,900 Improvement Value $102,100 Tax Amount $1,117.04 Change Rate +0.01697% Assessed CR Tax Rate +0.010343%
Year 2018 Assessed Value $100,600 Land Value $5,900 Improvement Value $94,700 Tax Amount $1,098.4 Change Rate +0.323373% Assessed CR Tax Rate +0.010918%
Year 2017 Assessed Value $92,300 Land Value $5,900 Improvement Value $86,400 Tax Amount $830 Change Rate +0.785561% Assessed CR Tax Rate +0.008992%
Year 2016 Assessed Value $74,300 Land Value $5,900 Improvement Value $68,400 Tax Amount $464.84 Change Rate +0.103504% Assessed CR Tax Rate +0.006256%
Year 2014 Assessed Value $69,200 Land Value $5,900 Improvement Value $63,300 Tax Amount $421.24 Change Rate -0.7197% Assessed CR Tax Rate +0.006087%
Year 2013 Assessed Value $72,400 Land Value $5,900 Improvement Value $66,500 Tax Amount $1,502.82 Change Rate Assessed CR Tax Rate +0.020757%