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1615 E Michigan St; Indianapolis, IN Property Details

1615 E Michigan St, Indianapolis, IN is a Single Family that was built in 1921. This property is currently Financed and is not for sale. Our records show that 1615 E Michigan St has 2 bedrooms, and 2 bathrooms, and a total of 1,778 square feet. The lot size of 1615 E Michigan St is 6,403 square feet.

Off market
1615 E Michigan St Indianapolis, IN 46201
$275,000 Listing Price
2 Beds
2 Baths
1,778 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1921
  • Purchase Price: $326,600
  • Open Loans / Balance: 1 / $234,587
  • Est. Equity / %: $143,413 / 37.94%
  • Inv. Liens / Amount: 1 / $14,348
  • Gross Yield: 6.537%
  • APN: 49-10-06-132-034.000-101
  • Situs County: Marion
  • Length Of Ownership: 5 years

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,778/SqFt
  • Lot: 6,403/SqFt
  • Gross: 2,554/SqFt
  • Living: 1,778/SqFt
  • Basement: 776/SqFt
  • Building: 2,554/SqFt
  • Ground: 1,778/SqFt
  • Price Per Square Foot: $183.69

Legal Description

  • Description: STURM & KOLLERS CORR ADD L12
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: 39.77401 / -86.13173
  • Subdivision: Sturm & Kollers Corr Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 3017
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1615 E Michigan St has no associated ownership info
1615 E Michigan St has no associated ownership info.

Taxes

1615 E Michigan St has 10 associated Taxes items

1615 E Michigan 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 $222,800. The APN we've located for 1615 E Michigan St is 49-10-06-132-034.000-101.

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Taxes
  • Assessed Value:  $222,800
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-06-132-034.000-101
  • Assessed Land Value:  21600
  • Market Land Value:  21600
  • Tax Amount:  2487.82
  • Tax Year:  2025
  • Market Value:  222800
  • Market Year:  2025

Tax History

1615 E Michigan St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $222,800 Land Value $21,600 Improvement Value $201,200 Tax Amount $2,487.82 Change Rate -0.08431% Assessed CR Tax Rate +0.011166%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,716.88 Change Rate +0.007222% Assessed CR Tax Rate
Year 2023 Assessed Value $222,100 Land Value $21,600 Improvement Value $200,500 Tax Amount $2,697.4 Change Rate +0.003034% Assessed CR Tax Rate +0.012145%
Year 2022 Assessed Value $219,400 Land Value $21,600 Improvement Value $197,800 Tax Amount $2,689.24 Change Rate +0.156056% Assessed CR Tax Rate +0.012257%
Year 2021 Assessed Value $194,400 Land Value $21,600 Improvement Value $172,800 Tax Amount $2,326.22 Change Rate +0.178788% Assessed CR Tax Rate +0.011966%
Year 2020 Assessed Value $171,400 Land Value $21,600 Improvement Value $149,800 Tax Amount $1,973.4 Change Rate +0.016525% Assessed CR Tax Rate +0.011513%
Year 2019 Assessed Value $165,800 Land Value $21,600 Improvement Value $144,200 Tax Amount $1,941.32 Change Rate +0.013289% Assessed CR Tax Rate +0.011709%
Year 2018 Assessed Value $156,100 Land Value $21,600 Improvement Value $134,500 Tax Amount $1,915.86 Change Rate +0.169362% Assessed CR Tax Rate +0.012273%
Year 2017 Assessed Value $147,900 Land Value $21,600 Improvement Value $126,300 Tax Amount $1,638.38 Change Rate +0.026515% Assessed CR Tax Rate +0.011078%
Year 2016 Assessed Value $151,900 Land Value $21,600 Improvement Value $130,300 Tax Amount $1,596.06 Change Rate -0.093457% Assessed CR Tax Rate +0.010507%
Year 2014 Assessed Value $164,000 Land Value $21,600 Improvement Value $142,400 Tax Amount $1,760.6 Change Rate -0.47105% Assessed CR Tax Rate +0.010735%
Year 2013 Assessed Value $160,100 Land Value $21,600 Improvement Value $138,500 Tax Amount $3,328.48 Change Rate Assessed CR Tax Rate +0.02079%