- Assessed Value: $437,900
- Assessed Year: 2025
- Assessed County: Marion
- APN: 49-06-13-150-040.000-801
- Assessed Land Value: 20700
- Market Land Value: 20700
- Tax Amount: 8277.02
- Tax Year: 2024
- Market Value: 437900
- Market Year: 2025
18 E 40th St; Indianapolis, IN Property Details
Off market
18 E 40th St Indianapolis, IN 46205
$437,900 Estimated Value
1 Beds
1 Baths
4,106 SqFt
Property Type
Apt House 5+ UnitsProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1924
- Purchase Price: $200,000
- Open Loans / Balance: 2 / $168,143
- Est. Equity / %: $866,857 / 83.75%
- APN: 49-06-13-150-040.000-801
- Situs County: Marion
- Length Of Ownership: 16 years, 6 months
Rooms
- Bedrooms: 1
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 5
Structure
- Building Style: Brick
- Stories: 2
- Building Condition: Average
- Building Quality: B
- Roof Cover Type: Asphalt
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 4,106/SqFt
- Lot: 7,800/SqFt
- Gross: 6,087/SqFt
- Garage: 665/SqFt
- Living: 4,106/SqFt
- Basement: 1,981/SqFt
- Building: 6,087/SqFt
- Ground: 4,106/SqFt
- Price Per Square Foot: $48.71
Legal Description
- Description: MARTINDALE & COS SUB PT L15 180FT N OF NW COR OFPENN & 40TH STS W 259FT S 80FT E 15FT S 100FT W50FT N 180FT E 35FT TO PLACE OF BEG
Building Insights
Land Information
- Property Type: Apt House 5+ Units
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Indianapolis Public Schools
- Lat / Lon: 39.82867 / -86.155594
- Subdivision: Martindale & Cos Sub Pt
- Property Class: Residential
- Zoning: ZO01
- County Use Code: 401
Amenities
- Plus Four: 2665
- Bathroom Fixtures: 8
- Cooling: None
- Fireplaces: 1
- Garage: Detached Garage
- Heating: Central
- Parking: 2
HOA
- H O A One Type: Planned Unit Development
Ownership Info
18 E 40th St has no associated ownership info
18 E 40th St has no associated ownership info.
Taxes
18 E 40th St has 10 associated Taxes items
18 E 40th 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 $437,900. The APN we've located for 18 E 40th St is 49-06-13-150-040.000-801.
Unlock the full reportTaxes
Tax History
18 E 40th St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $437,900 | Land Value $20,700 | Improvement Value $417,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $8,277.02 | Change Rate -0.092203% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $378,900 | Land Value $10,300 | Improvement Value $368,600 | Tax Amount $9,117.7 | Change Rate +0.316506% | Assessed CR | Tax Rate +0.024064% |
| Year 2022 | Assessed Value $288,000 | Land Value $10,300 | Improvement Value $277,700 | Tax Amount $6,925.68 | Change Rate +0.116545% | Assessed CR | Tax Rate +0.024048% |
| Year 2021 | Assessed Value $263,600 | Land Value $9,400 | Improvement Value $254,200 | Tax Amount $6,202.78 | Change Rate -0.014142% | Assessed CR | Tax Rate +0.023531% |
| Year 2020 | Assessed Value $271,700 | Land Value $9,400 | Improvement Value $262,300 | Tax Amount $6,291.76 | Change Rate +0.033384% | Assessed CR | Tax Rate +0.023157% |
| Year 2019 | Assessed Value $257,900 | Land Value $9,400 | Improvement Value $248,500 | Tax Amount $6,088.5 | Change Rate -0.026329% | Assessed CR | Tax Rate +0.023608% |
| Year 2018 | Assessed Value $257,900 | Land Value $9,400 | Improvement Value $248,500 | Tax Amount $6,253.14 | Change Rate +0.156118% | Assessed CR | Tax Rate +0.024246% |
| Year 2017 | Assessed Value $249,800 | Land Value $9,400 | Improvement Value $240,400 | Tax Amount $5,408.74 | Change Rate +0.030091% | Assessed CR | Tax Rate +0.021652% |
| Year 2016 | Assessed Value $238,400 | Land Value $9,400 | Improvement Value $229,000 | Tax Amount $5,250.74 | Change Rate +0.027301% | Assessed CR | Tax Rate +0.022025% |
| Year 2014 | Assessed Value $236,400 | Land Value $9,400 | Improvement Value $227,000 | Tax Amount $5,111.2 | Change Rate +0.039974% | Assessed CR | Tax Rate +0.021621% |
| Year 2013 | Assessed Value $236,400 | Land Value $9,400 | Improvement Value $227,000 | Tax Amount $4,914.74 | Change Rate | Assessed CR | Tax Rate +0.02079% |