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1537 Gilbert Ave; Indianapolis, IN Property Details

1537 Gilbert Ave, Indianapolis, IN is a Single Family that was built in 1926. This property is currently a cash purchase and is for sale. Our records show that 1537 Gilbert Ave has 2 bedrooms, and 1 bathroom, and a total of 1,616 square feet. The lot size of 1537 Gilbert Ave is 13,199 square feet.

On Market for 51 days
1537 Gilbert Ave Indianapolis, IN 46227
$299,000 Listing Price
2 Beds
1 Baths
1,616 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1926
  • Purchase Price: $165,000
  • Est. Equity / %: $301,000 / 100%
  • Gross Yield: 7.85%
  • APN: 49-15-06-113-022.000-500
  • Situs County: Marion
  • Length Of Ownership: 5 years, 2 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: Yes
  • Attic: true

Measurements

  • Total: 1,616/SqFt
  • Lot: 13,199/SqFt
  • Attic: 240/SqFt
  • Gross: 2,660/SqFt
  • Garage: 960/SqFt
  • Living: 1,616/SqFt
  • Basement: 1,044/SqFt
  • Building: 2,660/SqFt
  • Ground: 1,496/SqFt
  • Attic Finished: 120/SqFt
  • Price Per Square Foot: $102.10

Legal Description

  • Description: MADISON HEIGHTS PT OF L8 BEG NE COR P.O.B. S240 W40 NW239.45 E65 TO BEG .303 AC
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Perry Township Metropolitan School District
  • Lat / Lon: 39.6825 / -86.13172
  • Subdivision: Madison Heights Pt Of
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 4666
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 3

Ownership Info

1537 Gilbert Ave has no associated ownership info
1537 Gilbert Ave has no associated ownership info.

Taxes

1537 Gilbert Ave has 10 associated Taxes items

1537 Gilbert 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 $155,800. The APN we've located for 1537 Gilbert Ave is 49-15-06-113-022.000-500.

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Taxes
  • Assessed Value:  $155,800
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-15-06-113-022.000-500
  • Assessed Land Value:  9500
  • Market Land Value:  9500
  • Tax Amount:  1820.48
  • Tax Year:  2025
  • Market Value:  155800
  • Market Year:  2025

Tax History

1537 Gilbert Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $155,800 Land Value $9,500 Improvement Value $146,300 Tax Amount $1,820.48 Change Rate +0.083116% Assessed CR Tax Rate +0.011685%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,680.78 Change Rate -0.049322% Assessed CR Tax Rate
Year 2023 Assessed Value $145,600 Land Value $9,500 Improvement Value $136,100 Tax Amount $1,767.98 Change Rate -0.000972% Assessed CR Tax Rate +0.012143%
Year 2022 Assessed Value $134,900 Land Value $9,500 Improvement Value $125,400 Tax Amount $1,769.7 Change Rate +0.369567% Assessed CR Tax Rate +0.013119%
Year 2021 Assessed Value $103,400 Land Value $9,500 Improvement Value $93,900 Tax Amount $1,292.16 Change Rate -0.471228% Assessed CR Tax Rate +0.012497%
Year 2020 Assessed Value $93,600 Land Value $9,500 Improvement Value $84,100 Tax Amount $2,443.7 Change Rate +0.694472% Assessed CR Tax Rate +0.026108%
Year 2019 Assessed Value $54,900 Land Value $6,400 Improvement Value $48,500 Tax Amount $1,442.16 Change Rate -0.027303% Assessed CR Tax Rate +0.026269%
Year 2018 Assessed Value $51,600 Land Value $6,400 Improvement Value $45,200 Tax Amount $1,482.64 Change Rate +0.012124% Assessed CR Tax Rate +0.028733%
Year 2017 Assessed Value $51,000 Land Value $6,400 Improvement Value $44,600 Tax Amount $1,464.88 Change Rate +0.16638% Assessed CR Tax Rate +0.028723%
Year 2016 Assessed Value $50,100 Land Value $6,400 Improvement Value $43,700 Tax Amount $1,255.92 Change Rate +0.085703% Assessed CR Tax Rate +0.025068%
Year 2014 Assessed Value $47,700 Land Value $6,400 Improvement Value $41,300 Tax Amount $1,156.78 Change Rate +1.295745% Assessed CR Tax Rate +0.024251%
Year 2013 Assessed Value $77,000 Land Value $6,400 Improvement Value $70,600 Tax Amount $503.88 Change Rate Assessed CR Tax Rate +0.006544%