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1331 Panama Ave; Indianapolis, IN Property Details

1331 Panama Ave, Indianapolis, IN is a Apt House 5+ Units that was built in 1979. This property is currently a cash purchase and is not for sale. Our records show that 1331 Panama Ave has a total of 4,608 square feet. The lot size of 1331 Panama Ave is 321,822 square feet.

Off market
1331 Panama Ave Indianapolis, IN 46241
$2,759,100 Estimated Value
4,608 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1979
  • Purchase Price: $2,660,000
  • Open Loans / Balance: 1 / $1,171,479
  • APN: 49-12-14-122-001.000-900
  • Situs County: Marion
  • Length Of Ownership: 13 years, 8 months

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Fair
  • Building Quality: C
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 4,608/SqFt
  • Lot: 321,822/SqFt
  • Gross: 4,608/SqFt
  • Building: 11,888/SqFt
  • Ground: 1,400/SqFt
  • Price Per Square Foot: $577.26

Legal Description

  • Description: PT E 1/2 NW 1/4 S14 T15 R2 BEG 131.82FT W &407.9FT SW OF NE COR SW 496.63FT W 53.77FTS773.28FT NE 317.39FT NW IRR 730.25FTSE 170.85FT N IRR 633.19 FT 7.388
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wayne Township Metropolitan School District
  • Lat / Lon: 39.74801 / -86.280266
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 403

Amenities

  • Plus Four: 2928

Ownership Info

1331 Panama Ave has no associated ownership info
1331 Panama Ave has no associated ownership info.

Taxes

1331 Panama Ave has 8 associated Taxes items

1331 Panama 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 $2,759,100. The APN we've located for 1331 Panama Ave is 49-12-14-122-001.000-900.

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Taxes
  • Assessed Value:  $2,759,100
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-12-14-122-001.000-900
  • Assessed Land Value:  592600
  • Market Land Value:  592600
  • Market Value:  2759100
  • Market Year:  2025

Tax History

1331 Panama Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $2,759,100 Land Value $592,600 Improvement Value $2,166,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $2,588,800 Land Value $592,600 Improvement Value $1,996,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $2,404,700 Land Value $355,600 Improvement Value $2,049,100 Tax Amount $2,362.2 Change Rate +0.033333% Assessed CR Tax Rate +0.000982%
Year 2022 Assessed Value $1,875,000 Land Value $355,600 Improvement Value $1,519,400 Tax Amount $2,286 Change Rate +0.034483% Assessed CR Tax Rate +0.001219%
Year 2021 Assessed Value $1,938,200 Land Value $323,300 Improvement Value $1,614,900 Tax Amount $2,209.8 Change Rate Assessed CR Tax Rate +0.00114%
Year 2020 Assessed Value $1,938,200 Land Value $323,300 Improvement Value $1,614,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $1,844,600 Land Value $323,300 Improvement Value $1,521,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $2,121,400 Land Value $323,300 Improvement Value $1,798,100 Tax Amount $1,981.2 Change Rate +0.04% Assessed CR Tax Rate +0.000934%
Year 2017 Assessed Value $2,050,100 Land Value $323,300 Improvement Value $1,726,800 Tax Amount $1,905 Change Rate Assessed CR Tax Rate +0.000929%
Year 2016 Assessed Value $1,924,100 Land Value $323,300 Improvement Value $1,600,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $2,093,700 Land Value $323,300 Improvement Value $1,770,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $2,093,600 Land Value $323,200 Improvement Value $1,770,400 Tax Amount $38,054 Change Rate -0.031606% Assessed CR Tax Rate +0.018176%
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $39,296 Change Rate Assessed CR Tax Rate