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127 E Michigan St; Indianapolis, IN Property Details

127 E Michigan St, Indianapolis, IN is a Commercial Office that was built in 1920. This property is currently a cash purchase and is not for sale. Our records show that 127 E Michigan St has a total of 9,162 square feet. The lot size of 127 E Michigan St is 14,313 square feet.

Off market
127 E Michigan St Indianapolis, IN 46204
$1,710,300 Estimated Value
9,162 SqFt
Property 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.

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Taxes
  • 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

Tax History

127 E Michigan St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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%