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16 N Gibson Ave; Indianapolis, IN Property Details

16 N Gibson Ave, Indianapolis, IN is a Single Family that was built in 1931. This property is currently Financed and is not for sale. Our records show that 16 N Gibson Ave has 2 bedrooms, and a total of 888 square feet. The lot size of 16 N Gibson Ave is 20,027 square feet.

Off market
16 N Gibson Ave Indianapolis, IN 46219
$188,500 Estimated Value
2 Beds
888 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1931
  • Purchase Price: $400,000
  • Open Loans / Balance: 1 / $265,673
  • Est. Equity / %: $-84,673 / -46.78%
  • Gross Yield: 10.727%
  • APN: 49-09-06-111-056.000-700
  • Situs County: Marion
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 2
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 888/SqFt
  • Lot: 20,027/SqFt
  • Gross: 1,464/SqFt
  • Garage: 336/SqFt
  • Living: 888/SqFt
  • Basement: 576/SqFt
  • Building: 1,464/SqFt
  • Ground: 1,200/SqFt
  • Price Per Square Foot: $450.45

Legal Description

  • Description: ELDERS WASHINGTON PLACE HEIGHTS 1ST SEC PT L115 & PT L116 BEG NE COR L115 P.O.B. S216 SW10.15 W82.69 N226.1 E90 TO BEG
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Warren Township Metropolitan School District
  • Lat / Lon: 39.774162 / -86.01658
  • Subdivision: Elders Washington Place Heights 1st Sec
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 5406
  • Cooling: None
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

16 N Gibson Ave has no associated ownership info
16 N Gibson Ave has no associated ownership info.

Taxes

16 N Gibson Ave has 10 associated Taxes items

16 N Gibson 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 $188,500. The APN we've located for 16 N Gibson Ave is 49-09-06-111-056.000-700.

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Taxes
  • Assessed Value:  $188,500
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-09-06-111-056.000-700
  • Assessed Land Value:  18000
  • Market Land Value:  18000
  • Tax Amount:  4296.04
  • Tax Year:  2024
  • Market Value:  188500
  • Market Year:  2025

Tax History

16 N Gibson Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $188,500 Land Value $18,000 Improvement Value $170,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,296.04 Change Rate -0.043036% Assessed CR Tax Rate
Year 2023 Assessed Value $170,100 Land Value $13,500 Improvement Value $156,600 Tax Amount $4,489.24 Change Rate +0.057675% Assessed CR Tax Rate +0.026392%
Year 2022 Assessed Value $156,800 Land Value $13,500 Improvement Value $143,300 Tax Amount $4,244.44 Change Rate +0.120153% Assessed CR Tax Rate +0.027069%
Year 2021 Assessed Value $142,900 Land Value $13,500 Improvement Value $129,400 Tax Amount $3,789.16 Change Rate +0.256403% Assessed CR Tax Rate +0.026516%
Year 2020 Assessed Value $127,200 Land Value $13,500 Improvement Value $113,700 Tax Amount $3,015.88 Change Rate -0.029652% Assessed CR Tax Rate +0.02371%
Year 2019 Assessed Value $126,000 Land Value $11,900 Improvement Value $114,100 Tax Amount $3,108.04 Change Rate +0.089119% Assessed CR Tax Rate +0.024667%
Year 2018 Assessed Value $112,600 Land Value $11,900 Improvement Value $100,700 Tax Amount $2,853.72 Change Rate +0.863958% Assessed CR Tax Rate +0.025344%
Year 2017 Assessed Value $72,700 Land Value $11,900 Improvement Value $60,800 Tax Amount $1,531 Change Rate +0.072144% Assessed CR Tax Rate +0.021059%
Year 2016 Assessed Value $66,900 Land Value $11,900 Improvement Value $55,000 Tax Amount $1,427.98 Change Rate +0.140559% Assessed CR Tax Rate +0.021345%
Year 2014 Assessed Value $62,600 Land Value $11,900 Improvement Value $50,700 Tax Amount $1,252 Change Rate -0.012618% Assessed CR Tax Rate +0.02%
Year 2013 Assessed Value $63,900 Land Value $11,900 Improvement Value $52,000 Tax Amount $1,268 Change Rate Assessed CR Tax Rate +0.019844%