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1401 N Downey Ave; Indianapolis, IN Property Details

1401 N Downey Ave, Indianapolis, IN is a Single Family that was built in 1954. This property is currently Financed,Intra-Family and is not for sale. Our records show that 1401 N Downey Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,161 square feet. The lot size of 1401 N Downey Ave is 7,057 square feet.

Off market
1401 N Downey Ave Indianapolis, IN 46219
$178,500 Estimated Value
3 Beds
1.5 Baths
1,161 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $137,500
  • Open Loans / Balance: 2 / $121,057
  • Est. Equity / %: $123,943 / 50.59%
  • Gross Yield: 8.356%
  • APN: 49-07-34-112-047.000-701
  • Situs County: Marion
  • Length Of Ownership: 12 years

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,161/SqFt
  • Lot: 7,057/SqFt
  • Gross: 2,322/SqFt
  • Garage: 420/SqFt
  • Living: 1,161/SqFt
  • Basement: 1,161/SqFt
  • Building: 2,322/SqFt
  • Ground: 1,161/SqFt
  • Price Per Square Foot: $118.43

Legal Description

  • Description: JUSTUS DOWNEY AVE ADD L28
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: 39.785965 / -86.07765
  • Subdivision: Justus Downey Ave Add
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 3034
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

1401 N Downey Ave has no associated ownership info
1401 N Downey Ave has no associated ownership info.

Taxes

1401 N Downey Ave has 10 associated Taxes items

1401 N Downey 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 $178,500. The APN we've located for 1401 N Downey Ave is 49-07-34-112-047.000-701.

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Taxes
  • Assessed Value:  $178,500
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-07-34-112-047.000-701
  • Assessed Land Value:  25000
  • Market Land Value:  25000
  • Tax Amount:  2122.52
  • Tax Year:  2024
  • Market Value:  178500
  • Market Year:  2025

Tax History

1401 N Downey Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $178,500 Land Value $25,000 Improvement Value $153,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,122.52 Change Rate +0.096173% Assessed CR Tax Rate
Year 2023 Assessed Value $161,800 Land Value $25,000 Improvement Value $136,800 Tax Amount $1,936.3 Change Rate -0.024642% Assessed CR Tax Rate +0.011967%
Year 2022 Assessed Value $161,800 Land Value $25,000 Improvement Value $136,800 Tax Amount $1,985.22 Change Rate +0.155609% Assessed CR Tax Rate +0.01227%
Year 2021 Assessed Value $143,000 Land Value $25,000 Improvement Value $118,000 Tax Amount $1,717.9 Change Rate +0.204378% Assessed CR Tax Rate +0.012013%
Year 2020 Assessed Value $126,800 Land Value $18,100 Improvement Value $108,700 Tax Amount $1,426.38 Change Rate +0.292573% Assessed CR Tax Rate +0.011249%
Year 2019 Assessed Value $108,200 Land Value $18,100 Improvement Value $90,100 Tax Amount $1,103.52 Change Rate +0.000508% Assessed CR Tax Rate +0.010199%
Year 2018 Assessed Value $101,600 Land Value $18,100 Improvement Value $83,500 Tax Amount $1,102.96 Change Rate +0.161524% Assessed CR Tax Rate +0.010856%
Year 2017 Assessed Value $100,100 Land Value $18,100 Improvement Value $82,000 Tax Amount $949.58 Change Rate +0.077452% Assessed CR Tax Rate +0.009486%
Year 2016 Assessed Value $97,600 Land Value $18,100 Improvement Value $79,500 Tax Amount $881.32 Change Rate -0.071395% Assessed CR Tax Rate +0.00903%
Year 2014 Assessed Value $102,500 Land Value $18,100 Improvement Value $84,400 Tax Amount $949.08 Change Rate -0.149372% Assessed CR Tax Rate +0.009259%
Year 2013 Assessed Value $102,500 Land Value $18,100 Improvement Value $84,400 Tax Amount $1,115.74 Change Rate Assessed CR Tax Rate +0.010885%