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1501 E Markwood Ave; Indianapolis, IN Property Details

1501 E Markwood Ave, Indianapolis, IN is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 1501 E Markwood Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,064 square feet. The lot size of 1501 E Markwood Ave is 11,021 square feet.

Off market
1501 E Markwood Ave Indianapolis, IN 46227
$179,900 Listing Price
3 Beds
2 Baths
1,064 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1950
  • Purchase Price: $179,000
  • Open Loans / Balance: 1 / $201,884
  • Est. Equity / %: $15,116 / 6.97%
  • Gross Yield: 8.682%
  • APN: 49-10-31-101-001.057-501
  • Situs County: Marion
  • Length Of Ownership: 2 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,064/SqFt
  • Lot: 11,021/SqFt
  • Gross: 2,128/SqFt
  • Garage: 896/SqFt
  • Living: 1,064/SqFt
  • Basement: 1,064/SqFt
  • Building: 2,128/SqFt
  • Ground: 1,064/SqFt
  • Price Per Square Foot: $168.23

Legal Description

  • Description: ELDERS UNIVERSITY HEIGHTS L430
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: 39.703472 / -86.133224
  • Subdivision: Elders University Heights
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 3731
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 3

Ownership Info

1501 E Markwood Ave has no associated ownership info
1501 E Markwood Ave has no associated ownership info.

Taxes

1501 E Markwood Ave has 10 associated Taxes items

1501 E Markwood 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 $177,100. The APN we've located for 1501 E Markwood Ave is 49-10-31-101-001.057-501.

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Taxes
  • Assessed Value:  $177,100
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-31-101-001.057-501
  • Assessed Land Value:  27600
  • Market Land Value:  27600
  • Tax Amount:  2013.82
  • Tax Year:  2025
  • Market Value:  177100
  • Market Year:  2025

Tax History

1501 E Markwood Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $177,100 Land Value $27,600 Improvement Value $149,500 Tax Amount $2,013.82 Change Rate -0.515618% Assessed CR Tax Rate +0.011371%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,157.5 Change Rate +1.234326% Assessed CR Tax Rate
Year 2023 Assessed Value $155,700 Land Value $27,600 Improvement Value $128,100 Tax Amount $1,860.74 Change Rate +0.087084% Assessed CR Tax Rate +0.011951%
Year 2022 Assessed Value $140,200 Land Value $27,600 Improvement Value $112,600 Tax Amount $1,711.68 Change Rate +0.142552% Assessed CR Tax Rate +0.012209%
Year 2021 Assessed Value $123,500 Land Value $27,600 Improvement Value $95,900 Tax Amount $1,498.12 Change Rate +0.088608% Assessed CR Tax Rate +0.012131%
Year 2020 Assessed Value $123,700 Land Value $27,600 Improvement Value $96,100 Tax Amount $1,376.18 Change Rate +0.104496% Assessed CR Tax Rate +0.011125%
Year 2019 Assessed Value $115,600 Land Value $21,000 Improvement Value $94,600 Tax Amount $1,245.98 Change Rate +0.134628% Assessed CR Tax Rate +0.010778%
Year 2018 Assessed Value $100,500 Land Value $21,000 Improvement Value $79,500 Tax Amount $1,098.14 Change Rate -0.500123% Assessed CR Tax Rate +0.010927%
Year 2017 Assessed Value $98,400 Land Value $21,000 Improvement Value $77,400 Tax Amount $2,196.82 Change Rate +0.195457% Assessed CR Tax Rate +0.022325%
Year 2016 Assessed Value $90,500 Land Value $21,000 Improvement Value $69,500 Tax Amount $1,837.64 Change Rate +0.063301% Assessed CR Tax Rate +0.020305%
Year 2014 Assessed Value $79,900 Land Value $21,000 Improvement Value $58,900 Tax Amount $1,728.24 Change Rate +1.794425% Assessed CR Tax Rate +0.02163%
Year 2013 Assessed Value $79,200 Land Value $21,000 Improvement Value $58,200 Tax Amount $618.46 Change Rate Assessed CR Tax Rate +0.007809%