- Assessed Value: $1,710,300
- Assessed Year: 2025
- Assessed County: Marion
- APN: 49-11-01-137-005.000-101
- Assessed Land Value: 747900
- Market Land Value: 747900
- Tax Amount: 42430.52
- Tax Year: 2024
- Market Value: 1710300
- Market Year: 2025
127 E Michigan St; Indianapolis, IN Property Details
Off market
127 E Michigan St Indianapolis, IN 46204
$1,710,300 Estimated Value
9,162 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1920
- Purchase Price: $1,900,000
- APN: 49-11-01-137-005.000-101
- Situs County: Marion
- Length Of Ownership: 9 years, 4 months
Structure
- Building Style: Brick
- Stories: 6
- Exterior Wall Type: Brick
- Building Condition: Average
- Building Quality: C
- Sewer Type: None
- Water Source: None
Measurements
- Total: 9,162/SqFt
- Lot: 14,313/SqFt
- Gross: 9,162/SqFt
- Building: 3,054/SqFt
- Ground: 3,054/SqFt
- Price Per Square Foot: $207.38
Legal Description
- Description: CULLEYS SUB L1 THRU L4 SQ17 & 0.5FT VAC SUB RTSADJ TO ALL LOTS
Building Insights
Land Information
- Property Type: Commercial Office
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Indianapolis Public Schools
- Lat / Lon: 39.773815 / -86.154755
- Subdivision: Culleys Sub
- Property Class: Office
- Zoning: ZO01
- County Use Code: 449
Amenities
- Plus Four: 1593
Ownership Info
127 E Michigan St has no associated ownership info
127 E Michigan St has no associated ownership info.
Taxes
127 E Michigan St has 10 associated Taxes items
127 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 $1,710,300. The APN we've located for 127 E Michigan St is 49-11-01-137-005.000-101.
Unlock the full reportTaxes
Tax History
127 E Michigan St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $1,710,300 | Land Value $747,900 | Improvement Value $962,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $42,430.52 | Change Rate -0.002263% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $1,523,100 | Land Value $747,900 | Improvement Value $775,200 | Tax Amount $42,526.76 | Change Rate -0.082093% | Assessed CR | Tax Rate +0.027921% |
| Year 2022 | Assessed Value $1,523,100 | Land Value $747,900 | Improvement Value $775,200 | Tax Amount $46,330.12 | Change Rate +0.031558% | Assessed CR | Tax Rate +0.030418% |
| Year 2021 | Assessed Value $1,505,200 | Land Value $679,900 | Improvement Value $825,300 | Tax Amount $44,912.76 | Change Rate +0.00751% | Assessed CR | Tax Rate +0.029838% |
| Year 2020 | Assessed Value $1,505,200 | Land Value $679,900 | Improvement Value $825,300 | Tax Amount $44,578 | Change Rate -0.043197% | Assessed CR | Tax Rate +0.029616% |
| Year 2019 | Assessed Value $1,545,600 | Land Value $679,900 | Improvement Value $865,700 | Tax Amount $46,590.58 | Change Rate -0.035095% | Assessed CR | Tax Rate +0.030144% |
| Year 2018 | Assessed Value $1,545,600 | Land Value $679,900 | Improvement Value $865,700 | Tax Amount $48,285.16 | Change Rate +0.868949% | Assessed CR | Tax Rate +0.03124% |
| Year 2017 | Assessed Value $929,700 | Land Value $465,200 | Improvement Value $464,500 | Tax Amount $25,835.46 | Change Rate -0.055434% | Assessed CR | Tax Rate +0.027789% |
| Year 2016 | Assessed Value $903,500 | Land Value $465,200 | Improvement Value $438,300 | Tax Amount $27,351.66 | Change Rate +0.039844% | Assessed CR | Tax Rate +0.030273% |
| Year 2014 | Assessed Value $900,500 | Land Value $465,200 | Improvement Value $435,300 | Tax Amount $26,303.62 | Change Rate -0.396612% | Assessed CR | Tax Rate +0.02921% |
| Year 2013 | Assessed Value $900,500 | Land Value $465,200 | Improvement Value $435,300 | Tax Amount $43,593.2 | Change Rate | Assessed CR | Tax Rate +0.04841% |