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1240 W Sumner Ave; Indianapolis, IN Property Details

1240 W Sumner Ave, Indianapolis, IN is a Single Family that was built in 1948. This property is currently Financed and is not for sale. Our records show that 1240 W Sumner Ave has 4 bedrooms, and 1 bathroom, and a total of 1,912 square feet. The lot size of 1240 W Sumner Ave is 12,937 square feet.

Off market
1240 W Sumner Ave Indianapolis, IN 46217
$180,000 Listing Price
4 Beds
1 Baths
1,912 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1948
  • Purchase Price: $178,506
  • Open Loans / Balance: 1 / $176,260
  • Est. Equity / %: $-12,260 / -7.48%
  • Gross Yield: 9.271%
  • APN: 49-11-27-100-052.000-500
  • Situs County: Marion
  • Length Of Ownership: 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 1,912/SqFt
  • Lot: 12,937/SqFt
  • Gross: 2,868/SqFt
  • Garage: 308/SqFt
  • Living: 1,912/SqFt
  • Basement: 956/SqFt
  • Building: 2,868/SqFt
  • Ground: 1,912/SqFt
  • Price Per Square Foot: $93.36

Legal Description

  • Description: RICHLAND RELIABLE REALTY COMPANYS 9TH ADD SEC B L374 & L375
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Perry Township Metropolitan School District
  • Lat / Lon: 39.715076 / -86.182976
  • Subdivision: Richland Reliable Realty Companys 9th Ad
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 3175
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

1240 W Sumner Ave has no associated ownership info
1240 W Sumner Ave has no associated ownership info.

Taxes

1240 W Sumner Ave has 10 associated Taxes items

1240 W Sumner 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 $107,600. The APN we've located for 1240 W Sumner Ave is 49-11-27-100-052.000-500.

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Taxes
  • Assessed Value:  $107,600
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-27-100-052.000-500
  • Assessed Land Value:  8900
  • Market Land Value:  8900
  • Tax Amount:  2897.8
  • Tax Year:  2025
  • Market Value:  107600
  • Market Year:  2025

Tax History

1240 W Sumner Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $107,600 Land Value $8,900 Improvement Value $98,700 Tax Amount $2,897.8 Change Rate +0.128295% Assessed CR Tax Rate +0.026931%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,568.3 Change Rate -0.041772% Assessed CR Tax Rate
Year 2023 Assessed Value $98,300 Land Value $8,900 Improvement Value $89,400 Tax Amount $2,680.26 Change Rate +0.116384% Assessed CR Tax Rate +0.027266%
Year 2022 Assessed Value $87,000 Land Value $8,900 Improvement Value $78,100 Tax Amount $2,400.84 Change Rate +0.252029% Assessed CR Tax Rate +0.027596%
Year 2021 Assessed Value $67,300 Land Value $8,900 Improvement Value $58,400 Tax Amount $1,917.56 Change Rate +0.200125% Assessed CR Tax Rate +0.028493%
Year 2020 Assessed Value $61,200 Land Value $8,900 Improvement Value $52,300 Tax Amount $1,597.8 Change Rate +0.050521% Assessed CR Tax Rate +0.026108%
Year 2019 Assessed Value $57,900 Land Value $8,000 Improvement Value $49,900 Tax Amount $1,520.96 Change Rate +1.638632% Assessed CR Tax Rate +0.026269%
Year 2018 Assessed Value $53,000 Land Value $4,000 Improvement Value $49,000 Tax Amount $576.42 Change Rate +0.024965% Assessed CR Tax Rate +0.010876%
Year 2017 Assessed Value $81,000 Land Value $4,000 Improvement Value $77,000 Tax Amount $562.38 Change Rate -0.772203% Assessed CR Tax Rate +0.006943%
Year 2016 Assessed Value $78,600 Land Value $4,000 Improvement Value $74,600 Tax Amount $2,468.78 Change Rate +0.080694% Assessed CR Tax Rate +0.031409%
Year 2014 Assessed Value $94,200 Land Value $4,000 Improvement Value $90,200 Tax Amount $2,284.44 Change Rate +1.54392% Assessed CR Tax Rate +0.024251%
Year 2013 Assessed Value $94,200 Land Value $4,000 Improvement Value $90,200 Tax Amount $898 Change Rate Assessed CR Tax Rate +0.009533%