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1506 E Southern Ave; Indianapolis, IN Property Details

1506 E Southern Ave, Indianapolis, IN is a Single Family that was built in 1910. This property is currently Financed and is not for sale. Our records show that 1506 E Southern Ave has 2 bedrooms, and a total of 681 square feet. The lot size of 1506 E Southern Ave is 4,835 square feet.

Off market
1506 E Southern Ave Indianapolis, IN 46203
$76,300 Estimated Value
2 Beds
681 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1910
  • Purchase Price: $34,600
  • Open Loans / Balance: 1 / $20,566
  • Est. Equity / %: $119,434 / 85.31%
  • Gross Yield: 6.197%
  • APN: 49-10-19-110-079.000-101
  • Situs County: Marion
  • Length Of Ownership: 18 years, 6 months

Rooms

  • Bedrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 681/SqFt
  • Lot: 4,835/SqFt
  • Gross: 681/SqFt
  • Garage: 440/SqFt
  • Living: 681/SqFt
  • Building: 681/SqFt
  • Ground: 681/SqFt
  • Price Per Square Foot: $50.81

Legal Description

  • Description: J E DOWNEYS SE ADD 38FT ON SOUTHERN AVE X 162.75FT BEG 40FT E OF E LINE BOYD AVE L204
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: 39.7305 / -86.134254
  • Subdivision: J E Downeys Se Add 38ft On Southern Ave
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 5335
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

1506 E Southern Ave has no associated ownership info
1506 E Southern Ave has no associated ownership info.

Taxes

1506 E Southern Ave has 10 associated Taxes items

1506 E Southern 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 $76,300. The APN we've located for 1506 E Southern Ave is 49-10-19-110-079.000-101.

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Taxes
  • Assessed Value:  $76,300
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-19-110-079.000-101
  • Assessed Land Value:  7500
  • Market Land Value:  7500
  • Tax Amount:  75.98
  • Tax Year:  2024
  • Market Value:  76300
  • Market Year:  2025

Tax History

1506 E Southern Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $76,300 Land Value $7,500 Improvement Value $68,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $75.98 Change Rate -0.424132% Assessed CR Tax Rate
Year 2023 Assessed Value $65,100 Land Value $7,500 Improvement Value $57,600 Tax Amount $131.94 Change Rate -0.14269% Assessed CR Tax Rate +0.002027%
Year 2022 Assessed Value $62,700 Land Value $7,500 Improvement Value $55,200 Tax Amount $153.9 Change Rate +0.827791% Assessed CR Tax Rate +0.002455%
Year 2021 Assessed Value $52,200 Land Value $7,500 Improvement Value $44,700 Tax Amount $84.2 Change Rate Assessed CR Tax Rate +0.001613%
Year 2020 Assessed Value $51,600 Land Value $7,500 Improvement Value $44,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $43,700 Land Value $3,500 Improvement Value $40,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $36,200 Land Value $3,500 Improvement Value $32,700 Tax Amount $78.8 Change Rate +0.023377% Assessed CR Tax Rate +0.002177%
Year 2017 Assessed Value $34,200 Land Value $3,500 Improvement Value $30,700 Tax Amount $77 Change Rate Assessed CR Tax Rate +0.002251%
Year 2016 Assessed Value $32,200 Land Value $3,500 Improvement Value $28,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $29,800 Land Value $3,500 Improvement Value $26,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $24,200 Land Value $3,500 Improvement Value $20,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $59 Change Rate Assessed CR Tax Rate