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1507 E Markwood Ave; Indianapolis, IN Property Details

1507 E Markwood Ave, Indianapolis, IN is a Single Family that was built in 1948. This property is currently Financed and is not for sale. Our records show that 1507 E Markwood Ave has 2 bedrooms, and 1.5 bathrooms, and a total of 1,344 square feet. The lot size of 1507 E Markwood Ave is 5,445 square feet.

Off market
1507 E Markwood Ave Indianapolis, IN 46227
$146,900 Estimated Value
2 Beds
1.5 Baths
1,344 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1948
  • Purchase Price: $80,200
  • Open Loans / Balance: 1 / $39,966
  • Est. Equity / %: $121,034 / 75.18%
  • Gross Yield: 10.934%
  • APN: 49-10-31-101-001.371-501
  • Situs County: Marion
  • Length Of Ownership: 21 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,344/SqFt
  • Lot: 5,445/SqFt
  • Gross: 1,344/SqFt
  • Garage: 432/SqFt
  • Living: 1,344/SqFt
  • Building: 1,344/SqFt
  • Ground: 1,344/SqFt
  • Price Per Square Foot: $59.67

Legal Description

  • Description: ELDERS UNIV HTS L432
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: 39.70346 / -86.132866
  • Subdivision: Elders Univ Hts
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 3731
  • Bathroom Fixtures: 7
  • Cooling: None
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

1507 E Markwood Ave has no associated ownership info
1507 E Markwood Ave has no associated ownership info.

Taxes

1507 E Markwood Ave has 10 associated Taxes items

1507 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 $146,900. The APN we've located for 1507 E Markwood Ave is 49-10-31-101-001.371-501.

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Taxes
  • Assessed Value:  $146,900
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-31-101-001.371-501
  • Assessed Land Value:  18200
  • Market Land Value:  18200
  • Tax Amount:  3564.28
  • Tax Year:  2025
  • Market Value:  146900
  • Market Year:  2025

Tax History

1507 E Markwood Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $146,900 Land Value $18,200 Improvement Value $128,700 Tax Amount $3,564.28 Change Rate +0.033023% Assessed CR Tax Rate +0.024263%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,450.34 Change Rate +0.093818% Assessed CR Tax Rate
Year 2023 Assessed Value $128,500 Land Value $18,200 Improvement Value $110,300 Tax Amount $3,154.4 Change Rate +0.122299% Assessed CR Tax Rate +0.024548%
Year 2022 Assessed Value $115,100 Land Value $18,200 Improvement Value $96,900 Tax Amount $2,810.66 Change Rate +0.160298% Assessed CR Tax Rate +0.024419%
Year 2021 Assessed Value $101,000 Land Value $18,200 Improvement Value $82,800 Tax Amount $2,422.36 Change Rate +0.078512% Assessed CR Tax Rate +0.023984%
Year 2020 Assessed Value $97,400 Land Value $18,200 Improvement Value $79,200 Tax Amount $2,246.02 Change Rate +0.04156% Assessed CR Tax Rate +0.02306%
Year 2019 Assessed Value $91,800 Land Value $13,800 Improvement Value $78,000 Tax Amount $2,156.4 Change Rate +0.050314% Assessed CR Tax Rate +0.02349%
Year 2018 Assessed Value $82,700 Land Value $13,800 Improvement Value $68,900 Tax Amount $2,053.1 Change Rate +0.12233% Assessed CR Tax Rate +0.024826%
Year 2017 Assessed Value $82,000 Land Value $13,800 Improvement Value $68,200 Tax Amount $1,829.32 Change Rate +0.217404% Assessed CR Tax Rate +0.022309%
Year 2016 Assessed Value $74,900 Land Value $13,800 Improvement Value $61,100 Tax Amount $1,502.64 Change Rate +0.063093% Assessed CR Tax Rate +0.020062%
Year 2014 Assessed Value $65,600 Land Value $13,800 Improvement Value $51,800 Tax Amount $1,413.46 Change Rate +0.049433% Assessed CR Tax Rate +0.021547%
Year 2013 Assessed Value $64,900 Land Value $13,800 Improvement Value $51,100 Tax Amount $1,346.88 Change Rate Assessed CR Tax Rate +0.020753%