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1409 E Michigan St; Indianapolis, IN Property Details

1409 E Michigan St, Indianapolis, IN is a Single Family that was built in 1914. This property is currently Financed and is not for sale. Our records show that 1409 E Michigan St has 4 bedrooms, and 2 bathrooms, and a total of 1,158 square feet. The lot size of 1409 E Michigan St is 3,120 square feet.

Off market
1409 E Michigan St Indianapolis, IN 46201
$149,900 Listing Price
4 Beds
2 Baths
1,158 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1914
  • Purchase Price: $356,300
  • Est. Equity / %: $237,000 / 100%
  • Gross Yield: 8.025%
  • APN: 49-10-06-186-050.000-101
  • Situs County: Marion
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,158/SqFt
  • Lot: 3,120/SqFt
  • Gross: 1,732/SqFt
  • Living: 1,158/SqFt
  • Basement: 574/SqFt
  • Building: 1,732/SqFt
  • Ground: 1,158/SqFt
  • Price Per Square Foot: $307.69

Legal Description

  • Description: L3A NORTH ARSENAL PARK ADD L3 & L4 REPLAT
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: 39.77399 / -86.13494
  • Subdivision: L3a North Arsenal Park Add
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 3015
  • Cooling: Central
  • Heating: Central

Ownership Info

1409 E Michigan St has no associated ownership info
1409 E Michigan St has no associated ownership info.

Taxes

1409 E Michigan St has 10 associated Taxes items

1409 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 $155,200. The APN we've located for 1409 E Michigan St is 49-10-06-186-050.000-101.

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Taxes
  • Assessed Value:  $155,200
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-06-186-050.000-101
  • Assessed Land Value:  24100
  • Market Land Value:  24100
  • Tax Amount:  3719.78
  • Tax Year:  2025
  • Market Value:  155200
  • Market Year:  2025

Tax History

1409 E Michigan St has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $155,200 Land Value $24,100 Improvement Value $131,100 Tax Amount $3,719.78 Change Rate +52.754047% Assessed CR Tax Rate +0.023968%
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $69.2 Change Rate -0.985011% Assessed CR Tax Rate
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $4,616.6 Change Rate +0.171102% Assessed CR Tax Rate
Year 2021 Assessed Value $166,600 Land Value $48,200 Improvement Value $118,400 Tax Amount $3,942.1 Change Rate -0.092757% Assessed CR Tax Rate +0.023662%
Year 2020 Assessed Value $122,000 Land Value $21,400 Improvement Value $100,600 Tax Amount $4,345.14 Change Rate +0.655153% Assessed CR Tax Rate +0.035616%
Year 2019 Assessed Value $111,200 Land Value $21,400 Improvement Value $89,800 Tax Amount $2,625.22 Change Rate +0.020383% Assessed CR Tax Rate +0.023608%
Year 2018 Assessed Value $104,000 Land Value $21,400 Improvement Value $82,600 Tax Amount $2,572.78 Change Rate +0.18651% Assessed CR Tax Rate +0.024738%
Year 2017 Assessed Value $97,700 Land Value $21,400 Improvement Value $76,300 Tax Amount $2,168.36 Change Rate +0.097559% Assessed CR Tax Rate +0.022194%
Year 2016 Assessed Value $92,300 Land Value $21,400 Improvement Value $70,900 Tax Amount $1,975.62 Change Rate +0.051511% Assessed CR Tax Rate +0.021404%
Year 2014 Assessed Value $86,900 Land Value $21,400 Improvement Value $65,500 Tax Amount $1,878.84 Change Rate -0.029765% Assessed CR Tax Rate +0.021621%
Year 2013 Assessed Value $86,900 Land Value $21,400 Improvement Value $65,500 Tax Amount $1,936.48 Change Rate Assessed CR Tax Rate +0.022284%