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1509 S State Ave; Indianapolis, IN Property Details

1509 S State Ave, Indianapolis, IN is a Single Family that was built in 1915. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 1509 S State Ave has 3 bedrooms, and a total of 1,056 square feet. The lot size of 1509 S State Ave is 3,964 square feet.

Off market
1509 S State Ave Indianapolis, IN 46203
$91,200 Estimated Value
3 Beds
1,056 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1915
  • Est. Equity / %: $141,000 / 100%
  • Gross Yield: 9.166%
  • APN: 49-10-18-225-019.000-101
  • Situs County: Marion
  • Length Of Ownership: 16 years, 3 months

Rooms

  • Bedrooms: 3
  • Total Rooms: 7

Structure

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

Measurements

  • Total: 1,056/SqFt
  • Lot: 3,964/SqFt
  • Attic: 1,056/SqFt
  • Gross: 3,168/SqFt
  • Garage: 720/SqFt
  • Living: 1,056/SqFt
  • Basement: 1,056/SqFt
  • Building: 3,168/SqFt
  • Ground: 1,056/SqFt

Legal Description

  • Description: ASBURYS ORPHAN HOME SE ADD L3
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: 39.74705 / -86.13025
  • Subdivision: Asburys Orphan Home Se Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 2831
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 3

Ownership Info

1509 S State Ave has no associated ownership info
1509 S State Ave has no associated ownership info.

Taxes

1509 S State Ave has 10 associated Taxes items

1509 S State 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 $91,200. The APN we've located for 1509 S State Ave is 49-10-18-225-019.000-101.

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Taxes
  • Assessed Value:  $91,200
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-18-225-019.000-101
  • Assessed Land Value:  5900
  • Market Land Value:  5900
  • Tax Amount:  568.3
  • Tax Year:  2024
  • Market Value:  91200
  • Market Year:  2025

Tax History

1509 S State Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $91,200 Land Value $5,900 Improvement Value $85,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $568.3 Change Rate -0.189394% Assessed CR Tax Rate
Year 2023 Assessed Value $85,600 Land Value $5,900 Improvement Value $79,700 Tax Amount $701.08 Change Rate -0.226744% Assessed CR Tax Rate +0.00819%
Year 2022 Assessed Value $91,200 Land Value $5,900 Improvement Value $85,300 Tax Amount $906.66 Change Rate +0.32603% Assessed CR Tax Rate +0.009941%
Year 2021 Assessed Value $76,700 Land Value $5,900 Improvement Value $70,800 Tax Amount $683.74 Change Rate +0.337206% Assessed CR Tax Rate +0.008914%
Year 2020 Assessed Value $67,900 Land Value $5,900 Improvement Value $62,000 Tax Amount $511.32 Change Rate +0.097112% Assessed CR Tax Rate +0.00753%
Year 2019 Assessed Value $60,900 Land Value $2,700 Improvement Value $58,200 Tax Amount $466.06 Change Rate +0.014806% Assessed CR Tax Rate +0.007653%
Year 2018 Assessed Value $48,300 Land Value $2,700 Improvement Value $45,600 Tax Amount $459.26 Change Rate +0.228954% Assessed CR Tax Rate +0.009508%
Year 2017 Assessed Value $42,900 Land Value $2,700 Improvement Value $40,200 Tax Amount $373.7 Change Rate +0.320308% Assessed CR Tax Rate +0.008711%
Year 2016 Assessed Value $40,300 Land Value $2,700 Improvement Value $37,600 Tax Amount $283.04 Change Rate -0.140949% Assessed CR Tax Rate +0.007023%
Year 2014 Assessed Value $45,100 Land Value $2,700 Improvement Value $42,400 Tax Amount $329.48 Change Rate +0.05711% Assessed CR Tax Rate +0.007306%
Year 2013 Assessed Value $42,400 Land Value $2,700 Improvement Value $39,700 Tax Amount $311.68 Change Rate Assessed CR Tax Rate +0.007351%