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1542 Shepard St; Indianapolis, IN Property Details

1542 Shepard St, Indianapolis, IN is a Single Family that was built in 1916. This property is currently a cash purchase and is not for sale. Our records show that 1542 Shepard St has 3 bedrooms, and a total of 1,792 square feet. The lot size of 1542 Shepard St is 4,748 square feet.

Off market
1542 Shepard St Indianapolis, IN 46221
$114,700 Estimated Value
3 Beds
1,792 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1916
  • Purchase Price: $22,000
  • Est. Equity / %: $150,000 / 100%
  • Gross Yield: 10.008%
  • APN: 49-11-15-108-018.000-101
  • Situs County: Marion
  • Length Of Ownership: 12 years, 3 months

Rooms

  • Bedrooms: 3
  • Total Rooms: 7

Structure

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

Measurements

  • Total: 1,792/SqFt
  • Lot: 4,748/SqFt
  • Attic: 1,792/SqFt
  • Gross: 2,464/SqFt
  • Garage: 384/SqFt
  • Living: 1,792/SqFt
  • Basement: 672/SqFt
  • Building: 2,464/SqFt
  • Ground: 896/SqFt
  • Attic Finished: 896/SqFt
  • Price Per Square Foot: $12.28

Legal Description

  • Description: JOHNSON 3RD ADD W INDPLS L66
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: 39.74438 / -86.19335
  • Subdivision: Johnson 3rd Add W Indpls
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 1825
  • Cooling: None
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

1542 Shepard St has no associated ownership info
1542 Shepard St has no associated ownership info.

Taxes

1542 Shepard St has 10 associated Taxes items

1542 Shepard St, 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 $114,700. The APN we've located for 1542 Shepard St is 49-11-15-108-018.000-101.

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Taxes
  • Assessed Value:  $114,700
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-15-108-018.000-101
  • Assessed Land Value:  2800
  • Market Land Value:  2800
  • Tax Amount:  2375.36
  • Tax Year:  2024
  • Market Value:  114700
  • Market Year:  2025

Tax History

1542 Shepard St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $114,700 Land Value $2,800 Improvement Value $111,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,375.36 Change Rate -0.033393% Assessed CR Tax Rate
Year 2023 Assessed Value $99,900 Land Value $2,800 Improvement Value $97,100 Tax Amount $2,457.42 Change Rate -0.023081% Assessed CR Tax Rate +0.024599%
Year 2022 Assessed Value $102,900 Land Value $2,800 Improvement Value $100,100 Tax Amount $2,515.48 Change Rate +0.42259% Assessed CR Tax Rate +0.024446%
Year 2021 Assessed Value $73,000 Land Value $2,800 Improvement Value $70,200 Tax Amount $1,768.24 Change Rate +0.143101% Assessed CR Tax Rate +0.024222%
Year 2020 Assessed Value $66,800 Land Value $2,800 Improvement Value $64,000 Tax Amount $1,546.88 Change Rate +0.189176% Assessed CR Tax Rate +0.023157%
Year 2019 Assessed Value $55,100 Land Value $2,800 Improvement Value $52,300 Tax Amount $1,300.8 Change Rate -0.030281% Assessed CR Tax Rate +0.023608%
Year 2018 Assessed Value $53,000 Land Value $2,800 Improvement Value $50,200 Tax Amount $1,341.42 Change Rate +0.321023% Assessed CR Tax Rate +0.02531%
Year 2017 Assessed Value $44,200 Land Value $2,800 Improvement Value $41,400 Tax Amount $1,015.44 Change Rate +0.057442% Assessed CR Tax Rate +0.022974%
Year 2016 Assessed Value $44,200 Land Value $2,800 Improvement Value $41,400 Tax Amount $960.28 Change Rate -0.05901% Assessed CR Tax Rate +0.021726%
Year 2014 Assessed Value $47,200 Land Value $2,800 Improvement Value $44,400 Tax Amount $1,020.5 Change Rate -0.018278% Assessed CR Tax Rate +0.021621%
Year 2013 Assessed Value $50,000 Land Value $2,800 Improvement Value $47,200 Tax Amount $1,039.5 Change Rate Assessed CR Tax Rate +0.02079%