Taxes
- Assessed Value: $232,700
- Assessed Year: 2025
- Assessed County: Marion
- APN: 49-10-31-101-001.238-501
- Assessed Land Value: 27300
- Market Land Value: 27300
- Tax Amount: 2658.46
- Tax Year: 2025
- Market Value: 232700
- Market Year: 2025
1506 E Markwood Ave; Indianapolis, IN Property Details
Off market
1506 E Markwood Ave Indianapolis, IN 46227
$232,700 Estimated Value
4 Beds
1.5 Baths
1,694 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1959
- Est. Equity / %: $232,000 / 100%
- Gross Yield: 10.19%
- APN: 49-10-31-101-001.238-501
- Situs County: Marion
Rooms
- Bedrooms: 4
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 9
- 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: 1,694/SqFt
- Lot: 8,146/SqFt
- Gross: 3,003/SqFt
- Garage: 462/SqFt
- Living: 1,694/SqFt
- Basement: 847/SqFt
- Building: 3,003/SqFt
- Ground: 1,694/SqFt
Legal Description
- Description: ELDERS UNIV HTS L421 & W1/2 L420
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: 39.703968 / -86.133125
- Subdivision: Elders Univ Hts
- Property Class: Residential
- Zoning: ZO01
- County Use Code: 510
Amenities
- Plus Four: 3732
- Bathroom Fixtures: 10
- Cooling: Central
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Central
- Parking: 2
Ownership Info
1506 E Markwood Ave has no associated ownership info
1506 E Markwood Ave has no associated ownership info.
Taxes
1506 E Markwood Ave has 10 associated Taxes items
1506 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 $232,700. The APN we've located for 1506 E Markwood Ave is 49-10-31-101-001.238-501.
Unlock the full reportTax History
1506 E Markwood Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $232,700 | Land Value $27,300 | Improvement Value $205,400 | Tax Amount $2,658.46 | Change Rate -0.02944% | Assessed CR | Tax Rate +0.011424% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,739.1 | Change Rate +0.080837% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $204,200 | Land Value $27,300 | Improvement Value $176,900 | Tax Amount $2,534.24 | Change Rate +0.112446% | Assessed CR | Tax Rate +0.012411% |
| Year 2022 | Assessed Value $182,600 | Land Value $27,300 | Improvement Value $155,300 | Tax Amount $2,278.08 | Change Rate +0.156515% | Assessed CR | Tax Rate +0.012476% |
| Year 2021 | Assessed Value $161,100 | Land Value $27,300 | Improvement Value $133,800 | Tax Amount $1,969.78 | Change Rate +0.114482% | Assessed CR | Tax Rate +0.012227% |
| Year 2020 | Assessed Value $155,100 | Land Value $27,300 | Improvement Value $127,800 | Tax Amount $1,767.44 | Change Rate +0.011978% | Assessed CR | Tax Rate +0.011395% |
| Year 2019 | Assessed Value $150,900 | Land Value $20,700 | Improvement Value $130,200 | Tax Amount $1,746.52 | Change Rate +0.160679% | Assessed CR | Tax Rate +0.011574% |
| Year 2018 | Assessed Value $130,400 | Land Value $20,700 | Improvement Value $109,700 | Tax Amount $1,504.74 | Change Rate +0.040378% | Assessed CR | Tax Rate +0.011539% |
| Year 2017 | Assessed Value $127,600 | Land Value $20,700 | Improvement Value $106,900 | Tax Amount $1,446.34 | Change Rate +0.366818% | Assessed CR | Tax Rate +0.011335% |
| Year 2016 | Assessed Value $116,500 | Land Value $20,700 | Improvement Value $95,800 | Tax Amount $1,058.18 | Change Rate +0.127883% | Assessed CR | Tax Rate +0.009083% |
| Year 2014 | Assessed Value $101,900 | Land Value $20,700 | Improvement Value $81,200 | Tax Amount $938.2 | Change Rate +0.170994% | Assessed CR | Tax Rate +0.009207% |
| Year 2013 | Assessed Value $94,000 | Land Value $13,800 | Improvement Value $80,200 | Tax Amount $801.2 | Change Rate | Assessed CR | Tax Rate +0.008523% |