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1502 N Downey Ave; Indianapolis, IN Property Details

1502 N Downey Ave, Indianapolis, IN is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 1502 N Downey Ave has 2 bedrooms, and 2.5 bathrooms, and a total of 939 square feet. The lot size of 1502 N Downey Ave is 7,231 square feet.

Off market
1502 N Downey Ave Indianapolis, IN 46219
$283,822 Listing Price
2 Beds
2.5 Baths
939 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $283,822
  • Open Loans / Balance: 1 / $208,634
  • Est. Equity / %: $26,366 / 11.22%
  • Gross Yield: 10.545%
  • APN: 49-07-34-112-018.000-701
  • Situs County: Marion
  • Length Of Ownership: 2 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 939/SqFt
  • Lot: 7,231/SqFt
  • Gross: 1,179/SqFt
  • Garage: 420/SqFt
  • Living: 939/SqFt
  • Basement: 240/SqFt
  • Building: 1,179/SqFt
  • Ground: 939/SqFt
  • Price Per Square Foot: $302.26

Legal Description

  • Description: JUSTUS DOWNEY AVE ADD PT L12 BEG NE CORS 51.5 W 142 N 51.5 E 142 TO BEG
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: 39.78701 / -86.0782
  • Subdivision: Justus Downey Ave Add Pt
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 3037
  • Bathroom Fixtures: 9
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

1502 N Downey Ave has no associated ownership info
1502 N Downey Ave has no associated ownership info.

Taxes

1502 N Downey Ave has 10 associated Taxes items

1502 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 $216,800. The APN we've located for 1502 N Downey Ave is 49-07-34-112-018.000-701.

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Taxes
  • Assessed Value:  $216,800
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-07-34-112-018.000-701
  • Assessed Land Value:  25500
  • Market Land Value:  25500
  • Tax Amount:  2407.36
  • Tax Year:  2024
  • Market Value:  216800
  • Market Year:  2025

Tax History

1502 N Downey Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $216,800 Land Value $25,500 Improvement Value $191,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,407.36 Change Rate +0.214023% Assessed CR Tax Rate
Year 2023 Assessed Value $164,700 Land Value $25,500 Improvement Value $139,200 Tax Amount $1,982.96 Change Rate +0.044312% Assessed CR Tax Rate +0.01204%
Year 2022 Assessed Value $154,800 Land Value $25,500 Improvement Value $129,300 Tax Amount $1,898.82 Change Rate +0.13464% Assessed CR Tax Rate +0.012266%
Year 2021 Assessed Value $139,300 Land Value $25,500 Improvement Value $113,800 Tax Amount $1,673.5 Change Rate +0.242169% Assessed CR Tax Rate +0.012014%
Year 2020 Assessed Value $122,300 Land Value $18,400 Improvement Value $103,900 Tax Amount $1,347.24 Change Rate +0.098927% Assessed CR Tax Rate +0.011016%
Year 2019 Assessed Value $114,700 Land Value $18,400 Improvement Value $96,300 Tax Amount $1,225.96 Change Rate -0.044771% Assessed CR Tax Rate +0.010688%
Year 2018 Assessed Value $110,900 Land Value $18,400 Improvement Value $92,500 Tax Amount $1,283.42 Change Rate +0.325518% Assessed CR Tax Rate +0.011573%
Year 2017 Assessed Value $101,200 Land Value $18,400 Improvement Value $82,800 Tax Amount $968.24 Change Rate +0.157324% Assessed CR Tax Rate +0.009568%
Year 2016 Assessed Value $96,700 Land Value $18,400 Improvement Value $78,300 Tax Amount $836.62 Change Rate -0.094783% Assessed CR Tax Rate +0.008652%
Year 2014 Assessed Value $96,500 Land Value $18,400 Improvement Value $78,100 Tax Amount $924.22 Change Rate -0.314529% Assessed CR Tax Rate +0.009577%
Year 2013 Assessed Value $95,800 Land Value $18,400 Improvement Value $77,400 Tax Amount $1,348.3 Change Rate Assessed CR Tax Rate +0.014074%