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1505 E 87th St; Indianapolis, IN Property Details

1505 E 87th St, Indianapolis, IN is a Single Family that was built in 1957. This property is not for sale. Our records show that 1505 E 87th St has 2 bedrooms, and 1.5 bathrooms, and a total of 1,539 square feet. The lot size of 1505 E 87th St is 20,909 square feet.

Off market
1505 E 87th St Indianapolis, IN 46240
$237,600 Estimated Value
2 Beds
1.5 Baths
1,539 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1957
  • Est. Equity / %: $291,000 / 100%
  • Gross Yield: 9.786%
  • APN: 49-03-13-122-006.000-800
  • Situs County: Marion

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 1,539/SqFt
  • Lot: 20,909/SqFt
  • Gross: 3,578/SqFt
  • Garage: 500/SqFt
  • Living: 1,539/SqFt
  • Basement: 1,539/SqFt
  • Building: 3,578/SqFt
  • Ground: 1,539/SqFt

Legal Description

  • Description: 150FT SL 140FT WL BEG 434.5FT E & 678.67FT N OFSW COR SE1/4 S13 T17 R3 0.482AC
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Washington Township Metropolitan School District
  • Lat / Lon: 39.91461 / -86.13455
  • Property Class: Residential
  • County Use Code: 511

Amenities

  • Plus Four: 1914
  • Bathroom Fixtures: 7
  • Cooling: None
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

1505 E 87th St has no associated ownership info
1505 E 87th St has no associated ownership info.

Taxes

1505 E 87th St has 10 associated Taxes items

1505 E 87th 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 $237,600. The APN we've located for 1505 E 87th St is 49-03-13-122-006.000-800.

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Taxes
  • Assessed Value:  $237,600
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-03-13-122-006.000-800
  • Assessed Land Value:  32900
  • Market Land Value:  32900
  • Tax Amount:  4778.4
  • Tax Year:  2024
  • Market Value:  237600
  • Market Year:  2025

Tax History

1505 E 87th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $237,600 Land Value $32,900 Improvement Value $204,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,778.4 Change Rate +0.123816% Assessed CR Tax Rate
Year 2023 Assessed Value $162,600 Land Value $32,900 Improvement Value $129,700 Tax Amount $4,251.94 Change Rate +0.60076% Assessed CR Tax Rate +0.02615%
Year 2022 Assessed Value $159,900 Land Value $32,900 Improvement Value $127,000 Tax Amount $2,656.2 Change Rate +0.132621% Assessed CR Tax Rate +0.016612%
Year 2021 Assessed Value $174,000 Land Value $32,900 Improvement Value $141,100 Tax Amount $2,345.18 Change Rate +0.114756% Assessed CR Tax Rate +0.013478%
Year 2020 Assessed Value $172,300 Land Value $32,900 Improvement Value $139,400 Tax Amount $2,103.76 Change Rate +0.006728% Assessed CR Tax Rate +0.01221%
Year 2019 Assessed Value $180,100 Land Value $32,900 Improvement Value $147,200 Tax Amount $2,089.7 Change Rate +0.025509% Assessed CR Tax Rate +0.011603%
Year 2018 Assessed Value $172,300 Land Value $32,900 Improvement Value $139,400 Tax Amount $2,037.72 Change Rate -0.016449% Assessed CR Tax Rate +0.011827%
Year 2017 Assessed Value $176,600 Land Value $32,900 Improvement Value $143,700 Tax Amount $2,071.8 Change Rate +0.288449% Assessed CR Tax Rate +0.011732%
Year 2016 Assessed Value $174,000 Land Value $32,900 Improvement Value $141,100 Tax Amount $1,607.98 Change Rate +0.028646% Assessed CR Tax Rate +0.009241%
Year 2014 Assessed Value $166,300 Land Value $32,900 Improvement Value $133,400 Tax Amount $1,563.2 Change Rate +0.161781% Assessed CR Tax Rate +0.0094%
Year 2013 Assessed Value $166,300 Land Value $32,900 Improvement Value $133,400 Tax Amount $1,345.52 Change Rate Assessed CR Tax Rate +0.008091%