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1516 Central Ave; Indianapolis, IN Property Details

1516 Central Ave, Indianapolis, IN is a Condominium that was built in 2017. This property is not for sale. Our records show that 1516 Central Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 3,192 square feet. The lot size of 1516 Central Ave is 4,582 square feet.

Off market
1516 Central Ave Indianapolis, IN 46202
$625,220 Listing Price
3 Beds
2.5 Baths
3,192 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2017
  • Est. Equity / %: $513,000 / 100%
  • Gross Yield: 13.42%
  • APN: 49-06-36-180-048.000-101
  • Situs County: Marion

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 3,192/SqFt
  • Lot: 4,582/SqFt
  • Gross: 3,438/SqFt
  • Garage: 440/SqFt
  • Living: 3,192/SqFt
  • Basement: 984/SqFt
  • Building: 3,438/SqFt
  • Ground: 2,454/SqFt
  • Basement Finished: 738/SqFt
  • Basement Unfinished: 246/SqFt

Legal Description

  • Description: 16C TOWNHOMES UNIT A
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.78794 / -86.14984
  • Subdivision: 16c Townhomes
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 550

Amenities

  • Plus Four: 2607
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $155
  • H O A Amount: $155
  • H O A One Frequency: Monthly
  • H O A One Type: Condo Owner Association

Ownership Info

1516 Central Ave has no associated ownership info
1516 Central Ave has no associated ownership info.

Taxes

1516 Central Ave has 10 associated Taxes items

1516 Central 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 $551,700. The APN we've located for 1516 Central Ave is 49-06-36-180-048.000-101.

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Taxes
  • Assessed Value:  $551,700
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-06-36-180-048.000-101
  • Assessed Land Value:  24900
  • Market Land Value:  24900
  • Tax Amount:  6932.96
  • Tax Year:  2024
  • Market Value:  551700
  • Market Year:  2025

Tax History

1516 Central Ave has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $551,700 Land Value $24,900 Improvement Value $526,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,932.96 Change Rate -0.012559% Assessed CR Tax Rate
Year 2023 Assessed Value $577,100 Land Value $24,900 Improvement Value $552,200 Tax Amount $7,021.14 Change Rate -0.01471% Assessed CR Tax Rate +0.012166%
Year 2022 Assessed Value $577,100 Land Value $24,900 Improvement Value $552,200 Tax Amount $7,125.96 Change Rate +0.121301% Assessed CR Tax Rate +0.012348%
Year 2021 Assessed Value $534,400 Land Value $24,900 Improvement Value $509,500 Tax Amount $6,355.08 Change Rate -0.008339% Assessed CR Tax Rate +0.011892%
Year 2020 Assessed Value $539,400 Land Value $24,900 Improvement Value $514,500 Tax Amount $6,408.52 Change Rate -0.000078% Assessed CR Tax Rate +0.011881%
Year 2019 Assessed Value $527,700 Land Value $24,900 Improvement Value $502,800 Tax Amount $6,409.02 Change Rate +0.258981% Assessed CR Tax Rate +0.012145%
Year 2018 Assessed Value $413,000 Land Value $24,900 Improvement Value $388,100 Tax Amount $5,090.64 Change Rate Assessed CR Tax Rate +0.012326%