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18 E 40th St; Indianapolis, IN Property Details

18 E 40th St, Indianapolis, IN is a Apt House 5+ Units that was built in 1924. This property is currently Financed and is not for sale. Our records show that 18 E 40th St has 1 bedroom, and 1 bathroom, and a total of 4,106 square feet. The lot size of 18 E 40th St is 7,800 square feet.

Off market
18 E 40th St Indianapolis, IN 46205
$437,900 Estimated Value
1 Beds
1 Baths
4,106 SqFt
Property 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.

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Taxes
  • 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

Tax History

18 E 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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%