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1502 N Bancroft St; Indianapolis, IN Property Details

1502 N Bancroft St, Indianapolis, IN is a Duplex 2 Units that was built in 1950. This property is currently Financed and is not for sale. Our records show that 1502 N Bancroft St has 3 bedrooms, and a total of 1,138 square feet. The lot size of 1502 N Bancroft St is 9,472 square feet.

Off market
1502 N Bancroft St Indianapolis, IN 46201
$120,000 Listing Price
3 Beds
1,138 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1950
  • Purchase Price: $208,293
  • Open Loans / Balance: 1 / $115,450
  • Est. Equity / %: $47,550 / 29.17%
  • Gross Yield: 4.8%
  • APN: 49-07-33-167-038.000-101
  • Situs County: Marion
  • Length Of Ownership: 2 years, 6 months

Rooms

  • Bedrooms: 3
  • Total Rooms: 9

Structure

  • Building Style: Concrete Block
  • Stories: 1
  • Building Condition: Fair
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,138/SqFt
  • Lot: 9,472/SqFt
  • Gross: 1,138/SqFt
  • Living: 1,138/SqFt
  • Building: 1,138/SqFt
  • Ground: 530/SqFt
  • Price Per Square Foot: $183.03

Legal Description

  • Description: GLENCOE PLACE ADD L38 & L39
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.788048 / -86.08537
  • Subdivision: Glencoe Place Add
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 520

Amenities

  • Plus Four: 1871
  • Cooling: None
  • Heating: Central

Ownership Info

1502 N Bancroft St has no associated ownership info
1502 N Bancroft St has no associated ownership info.

Taxes

1502 N Bancroft St has 10 associated Taxes items

1502 N Bancroft 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 $99,700. The APN we've located for 1502 N Bancroft St is 49-07-33-167-038.000-101.

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Taxes
  • Assessed Value:  $99,700
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-07-33-167-038.000-101
  • Assessed Land Value:  50400
  • Market Land Value:  50400
  • Tax Amount:  2363.5
  • Tax Year:  2024
  • Market Value:  99700
  • Market Year:  2025

Tax History

1502 N Bancroft St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $99,700 Land Value $50,400 Improvement Value $49,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,363.5 Change Rate +0.369637% Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $1,725.64 Change Rate +0.028011% Assessed CR Tax Rate
Year 2022 Assessed Value $66,100 Land Value $25,200 Improvement Value $40,900 Tax Amount $1,678.62 Change Rate +0.030132% Assessed CR Tax Rate +0.025395%
Year 2021 Assessed Value $65,600 Land Value $25,200 Improvement Value $40,400 Tax Amount $1,629.52 Change Rate +0.149817% Assessed CR Tax Rate +0.02484%
Year 2020 Assessed Value $61,200 Land Value $16,100 Improvement Value $45,100 Tax Amount $1,417.2 Change Rate +0.056886% Assessed CR Tax Rate +0.023157%
Year 2019 Assessed Value $56,800 Land Value $16,100 Improvement Value $40,700 Tax Amount $1,340.92 Change Rate +0.022448% Assessed CR Tax Rate +0.023608%
Year 2018 Assessed Value $50,400 Land Value $16,100 Improvement Value $34,300 Tax Amount $1,311.48 Change Rate +0.208003% Assessed CR Tax Rate +0.026021%
Year 2017 Assessed Value $46,000 Land Value $16,100 Improvement Value $29,900 Tax Amount $1,085.66 Change Rate +0.117739% Assessed CR Tax Rate +0.023601%
Year 2016 Assessed Value $44,700 Land Value $16,100 Improvement Value $28,600 Tax Amount $971.3 Change Rate -0.003917% Assessed CR Tax Rate +0.021729%
Year 2014 Assessed Value $45,100 Land Value $16,100 Improvement Value $29,000 Tax Amount $975.12 Change Rate +0.019637% Assessed CR Tax Rate +0.021621%
Year 2013 Assessed Value $46,000 Land Value $16,100 Improvement Value $29,900 Tax Amount $956.34 Change Rate Assessed CR Tax Rate +0.02079%