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1401 E Michigan St; Indianapolis, IN Property Details

1401 E Michigan St, Indianapolis, IN is a Single Family that was built in 1910. This property is currently Financed and is not for sale. Our records show that 1401 E Michigan St has 3 bedrooms, and 1 bathroom, and a total of 2,728 square feet. The lot size of 1401 E Michigan St is 6,273 square feet.

Off market
1401 E Michigan St Indianapolis, IN 46201
$377,720 Listing Price
3 Beds
1 Baths
2,728 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1910
  • Purchase Price: $377,720
  • Open Loans / Balance: 1 / $278,147
  • Est. Equity / %: $118,853 / 29.94%
  • Gross Yield: 9.382%
  • APN: 49-10-06-186-009.000-101
  • Situs County: Marion
  • Length Of Ownership: 2 years, 3 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Building Condition: Fair
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,728/SqFt
  • Lot: 6,273/SqFt
  • Gross: 3,816/SqFt
  • Living: 2,728/SqFt
  • Basement: 1,088/SqFt
  • Building: 3,816/SqFt
  • Ground: 2,728/SqFt
  • Price Per Square Foot: $138.46

Legal Description

  • Description: NORTH ARSENAL PARK ADD L1
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: 39.77402 / -86.13518
  • Subdivision: North Arsenal Park Add
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 3015
  • Bathroom Fixtures: 13
  • Cooling: Central
  • Heating: Central

Ownership Info

1401 E Michigan St has no associated ownership info
1401 E Michigan St has no associated ownership info.

Taxes

1401 E Michigan St has 10 associated Taxes items

1401 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 $379,900. The APN we've located for 1401 E Michigan St is 49-10-06-186-009.000-101.

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Taxes
  • Assessed Value:  $379,900
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-06-186-009.000-101
  • Assessed Land Value:  48200
  • Market Land Value:  48200
  • Tax Amount:  2042.36
  • Tax Year:  2024
  • Market Value:  379900
  • Market Year:  2025

Tax History

1401 E Michigan St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $379,900 Land Value $48,200 Improvement Value $331,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,042.36 Change Rate -0.521613% Assessed CR Tax Rate
Year 2023 Assessed Value $174,700 Land Value $48,200 Improvement Value $126,500 Tax Amount $4,269.26 Change Rate +0.078357% Assessed CR Tax Rate +0.024438%
Year 2022 Assessed Value $162,500 Land Value $48,200 Improvement Value $114,300 Tax Amount $3,959.04 Change Rate +0.755003% Assessed CR Tax Rate +0.024363%
Year 2021 Assessed Value $92,600 Land Value $48,200 Improvement Value $44,400 Tax Amount $2,255.86 Change Rate +0.403125% Assessed CR Tax Rate +0.024361%
Year 2020 Assessed Value $69,400 Land Value $21,400 Improvement Value $48,000 Tax Amount $1,607.74 Change Rate +0.045657% Assessed CR Tax Rate +0.023166%
Year 2019 Assessed Value $65,100 Land Value $21,400 Improvement Value $43,700 Tax Amount $1,537.54 Change Rate -0.035965% Assessed CR Tax Rate +0.023618%
Year 2018 Assessed Value $62,300 Land Value $21,400 Improvement Value $40,900 Tax Amount $1,594.9 Change Rate +0.154453% Assessed CR Tax Rate +0.0256%
Year 2017 Assessed Value $77,700 Land Value $21,400 Improvement Value $56,300 Tax Amount $1,381.52 Change Rate +0.212689% Assessed CR Tax Rate +0.01778%
Year 2016 Assessed Value $74,600 Land Value $21,400 Improvement Value $53,200 Tax Amount $1,139.22 Change Rate -0.136104% Assessed CR Tax Rate +0.015271%
Year 2014 Assessed Value $60,500 Land Value $21,400 Improvement Value $39,100 Tax Amount $1,318.7 Change Rate +1.302521% Assessed CR Tax Rate +0.021797%
Year 2013 Assessed Value $27,000 Land Value $21,400 Improvement Value $5,600 Tax Amount $572.72 Change Rate Assessed CR Tax Rate +0.021212%