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1315 E Michigan St; Indianapolis, IN Property Details

1315 E Michigan St, Indianapolis, IN is a Single Family that was built in 2002. This property is currently Financed and is not for sale. Our records show that 1315 E Michigan St has 3 bedrooms, and 1.5 bathrooms, and a total of 2,036 square feet. The lot size of 1315 E Michigan St is 6,447 square feet.

Off market
1315 E Michigan St Indianapolis, IN 46202
$327,500 Listing Price
3 Beds
1.5 Baths
2,036 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2002
  • Purchase Price: $327,500
  • Open Loans / Balance: 1 / $278,333
  • Est. Equity / %: $117,667 / 29.71%
  • Gross Yield: 9.897%
  • APN: 49-10-06-140-007.006-101
  • Situs County: Marion
  • Length Of Ownership: 5 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,036/SqFt
  • Lot: 6,447/SqFt
  • Gross: 2,036/SqFt
  • Garage: 528/SqFt
  • Living: 2,036/SqFt
  • Building: 2,036/SqFt
  • Ground: 2,036/SqFt
  • Price Per Square Foot: $160.85

Legal Description

  • Description: MICHIGAN PLACE L3
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: 39.77401 / -86.13587
  • Subdivision: Michigan Place
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 3555
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

1315 E Michigan St has no associated ownership info
1315 E Michigan St has no associated ownership info.

Taxes

1315 E Michigan St has 10 associated Taxes items

1315 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 $335,300. The APN we've located for 1315 E Michigan St is 49-10-06-140-007.006-101.

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Taxes
  • Assessed Value:  $335,300
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-06-140-007.006-101
  • Assessed Land Value:  45000
  • Market Land Value:  45000
  • Tax Amount:  4122.64
  • Tax Year:  2024
  • Market Value:  335300
  • Market Year:  2025

Tax History

1315 E Michigan St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $335,300 Land Value $45,000 Improvement Value $290,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,122.64 Change Rate -0.023668% Assessed CR Tax Rate
Year 2023 Assessed Value $333,100 Land Value $45,000 Improvement Value $288,100 Tax Amount $4,222.58 Change Rate -0.01471% Assessed CR Tax Rate +0.012677%
Year 2022 Assessed Value $329,200 Land Value $45,000 Improvement Value $284,200 Tax Amount $4,285.62 Change Rate +0.129364% Assessed CR Tax Rate +0.013018%
Year 2021 Assessed Value $305,700 Land Value $45,000 Improvement Value $260,700 Tax Amount $3,794.72 Change Rate +0.314626% Assessed CR Tax Rate +0.012413%
Year 2020 Assessed Value $234,400 Land Value $22,600 Improvement Value $211,800 Tax Amount $2,886.54 Change Rate +0.012423% Assessed CR Tax Rate +0.012315%
Year 2019 Assessed Value $227,400 Land Value $22,600 Improvement Value $204,800 Tax Amount $2,851.12 Change Rate +0.032932% Assessed CR Tax Rate +0.012538%
Year 2018 Assessed Value $213,000 Land Value $22,600 Improvement Value $190,400 Tax Amount $2,760.22 Change Rate +0.178715% Assessed CR Tax Rate +0.012959%
Year 2017 Assessed Value $201,600 Land Value $22,600 Improvement Value $179,000 Tax Amount $2,341.72 Change Rate +0.081536% Assessed CR Tax Rate +0.011616%
Year 2016 Assessed Value $191,100 Land Value $22,600 Improvement Value $168,500 Tax Amount $2,165.18 Change Rate -0.088921% Assessed CR Tax Rate +0.01133%
Year 2014 Assessed Value $206,800 Land Value $22,600 Improvement Value $184,200 Tax Amount $2,376.5 Change Rate +0.066939% Assessed CR Tax Rate +0.011492%
Year 2013 Assessed Value $200,100 Land Value $22,600 Improvement Value $177,500 Tax Amount $2,227.4 Change Rate Assessed CR Tax Rate +0.011131%