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1241 N Downey Ave; Indianapolis, IN Property Details

1241 N Downey Ave, Indianapolis, IN is a Single Family that was built in 1947. This property is currently Financed and is not for sale. Our records show that 1241 N Downey Ave has 2 bedrooms, and 1 bathroom, and a total of 1,000 square feet. The lot size of 1241 N Downey Ave is 6,098 square feet.

Off market
1241 N Downey Ave Indianapolis, IN 46219
$189,000 Listing Price
2 Beds
1 Baths
1,000 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1947
  • Purchase Price: $189,000
  • Open Loans / Balance: 1 / $164,250
  • Est. Equity / %: $52,750 / 24.31%
  • Gross Yield: 11.071%
  • APN: 49-07-34-126-020.000-701
  • Situs County: Marion
  • Length Of Ownership: 5 years

Rooms

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

Structure

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

Measurements

  • Total: 1,000/SqFt
  • Lot: 6,098/SqFt
  • Gross: 2,000/SqFt
  • Garage: 252/SqFt
  • Living: 1,000/SqFt
  • Basement: 1,000/SqFt
  • Building: 2,000/SqFt
  • Ground: 1,000/SqFt
  • Price Per Square Foot: $189.00

Legal Description

  • Description: WALTER G JUSTUS E 10TH ST ADD REVISED L28
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: 39.784863 / -86.077644
  • Subdivision: Walter G Justus E 10th St Add Revised
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 3008
  • Cooling: None
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

1241 N Downey Ave has no associated ownership info
1241 N Downey Ave has no associated ownership info.

Taxes

1241 N Downey Ave has 10 associated Taxes items

1241 N Downey 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 $175,500. The APN we've located for 1241 N Downey Ave is 49-07-34-126-020.000-701.

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Taxes
  • Assessed Value:  $175,500
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-07-34-126-020.000-701
  • Assessed Land Value:  22700
  • Market Land Value:  22700
  • Tax Amount:  1906.74
  • Tax Year:  2024
  • Market Value:  175500
  • Market Year:  2025

Tax History

1241 N Downey Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $175,500 Land Value $22,700 Improvement Value $152,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,906.74 Change Rate -0.007392% Assessed CR Tax Rate
Year 2023 Assessed Value $162,000 Land Value $22,700 Improvement Value $139,300 Tax Amount $1,920.94 Change Rate +0.033708% Assessed CR Tax Rate +0.011858%
Year 2022 Assessed Value $152,100 Land Value $22,700 Improvement Value $129,400 Tax Amount $1,858.3 Change Rate +0.147014% Assessed CR Tax Rate +0.012218%
Year 2021 Assessed Value $136,300 Land Value $22,700 Improvement Value $113,600 Tax Amount $1,620.12 Change Rate -0.419836% Assessed CR Tax Rate +0.011886%
Year 2020 Assessed Value $121,000 Land Value $17,300 Improvement Value $103,700 Tax Amount $2,792.52 Change Rate +0.046405% Assessed CR Tax Rate +0.023079%
Year 2019 Assessed Value $113,500 Land Value $17,300 Improvement Value $96,200 Tax Amount $2,668.68 Change Rate -0.003599% Assessed CR Tax Rate +0.023513%
Year 2018 Assessed Value $109,600 Land Value $17,300 Improvement Value $92,300 Tax Amount $2,678.32 Change Rate +0.170697% Assessed CR Tax Rate +0.024437%
Year 2017 Assessed Value $104,300 Land Value $17,300 Improvement Value $87,000 Tax Amount $2,287.8 Change Rate +0.070586% Assessed CR Tax Rate +0.021935%
Year 2016 Assessed Value $99,600 Land Value $17,300 Improvement Value $82,300 Tax Amount $2,136.96 Change Rate +0.024488% Assessed CR Tax Rate +0.021455%
Year 2014 Assessed Value $96,700 Land Value $17,300 Improvement Value $79,400 Tax Amount $2,085.88 Change Rate +0.460864% Assessed CR Tax Rate +0.021571%
Year 2013 Assessed Value $95,900 Land Value $17,300 Improvement Value $78,600 Tax Amount $1,427.84 Change Rate Assessed CR Tax Rate +0.014889%