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1240 Broadway St; Indianapolis, IN Property Details

1240 Broadway St, Indianapolis, IN is a Apt House 5+ Units that was built in 1924. This property is currently Financed and is not for sale. Our records show that 1240 Broadway St has a total of 14,733 square feet. The lot size of 1240 Broadway St is 22,259 square feet.

Off market
1240 Broadway St Indianapolis, IN 46202
$668,100 Estimated Value
14,733 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1924
  • Purchase Price: $605,500
  • Open Loans / Balance: 1 / $437,232
  • APN: 49-06-36-227-016.000-101
  • Situs County: Marion
  • Length Of Ownership: 10 years, 8 months

Structure

  • Building Style: Brick
  • Stories: 3
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 14,733/SqFt
  • Lot: 22,259/SqFt
  • Gross: 14,733/SqFt
  • Building: 4,911/SqFt
  • Ground: 4,911/SqFt
  • Price Per Square Foot: $41.10

Legal Description

  • Description: BUTLERS COLLEGE CORNER ADD 132.6 N SIDE L117
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.7842 / -86.14646
  • Subdivision: Butlers College Corner Add 132.6 N Side
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 402

Amenities

  • Plus Four: 2766

Ownership Info

1240 Broadway St has no associated ownership info
1240 Broadway St has no associated ownership info.

Taxes

1240 Broadway St has 10 associated Taxes items

1240 Broadway 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 $668,100. The APN we've located for 1240 Broadway St is 49-06-36-227-016.000-101.

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Taxes
  • Assessed Value:  $668,100
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-06-36-227-016.000-101
  • Assessed Land Value:  216200
  • Market Land Value:  216200
  • Tax Amount:  13734.92
  • Tax Year:  2024
  • Market Value:  668100
  • Market Year:  2025

Tax History

1240 Broadway St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $668,100 Land Value $216,200 Improvement Value $451,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $13,734.92 Change Rate -0.097306% Assessed CR Tax Rate
Year 2023 Assessed Value $616,300 Land Value $216,200 Improvement Value $400,100 Tax Amount $15,215.48 Change Rate +0.167619% Assessed CR Tax Rate +0.024688%
Year 2022 Assessed Value $540,500 Land Value $216,200 Improvement Value $324,300 Tax Amount $13,031.2 Change Rate +0.107144% Assessed CR Tax Rate +0.02411%
Year 2021 Assessed Value $498,900 Land Value $196,500 Improvement Value $302,400 Tax Amount $11,770.1 Change Rate +0.01879% Assessed CR Tax Rate +0.023592%
Year 2020 Assessed Value $498,900 Land Value $196,500 Improvement Value $302,400 Tax Amount $11,553.02 Change Rate +0.007347% Assessed CR Tax Rate +0.023157%
Year 2019 Assessed Value $485,800 Land Value $196,500 Improvement Value $289,300 Tax Amount $11,468.76 Change Rate -0.028664% Assessed CR Tax Rate +0.023608%
Year 2018 Assessed Value $485,800 Land Value $196,500 Improvement Value $289,300 Tax Amount $11,807.2 Change Rate +0.151122% Assessed CR Tax Rate +0.024305%
Year 2017 Assessed Value $472,500 Land Value $196,500 Improvement Value $276,000 Tax Amount $10,257.12 Change Rate +0.020832% Assessed CR Tax Rate +0.021708%
Year 2016 Assessed Value $457,200 Land Value $196,500 Improvement Value $260,700 Tax Amount $10,047.8 Change Rate +0.020475% Assessed CR Tax Rate +0.021977%
Year 2014 Assessed Value $455,400 Land Value $196,500 Improvement Value $258,900 Tax Amount $9,846.2 Change Rate -0.16545% Assessed CR Tax Rate +0.021621%
Year 2013 Assessed Value $455,500 Land Value $196,600 Improvement Value $258,900 Tax Amount $11,798.22 Change Rate Assessed CR Tax Rate +0.025902%