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1940 Homeridge Dr; Indianapolis, IN Property Details

1940 Homeridge Dr, Indianapolis, IN is a Single Family that was built in 1968. This property is currently a cash purchase and is not for sale. Our records show that 1940 Homeridge Dr has 3 bedrooms, and a total of 1,197 square feet. The lot size of 1940 Homeridge Dr is 8,799 square feet.

Off market
1940 Homeridge Dr Indianapolis, IN 46203
$41,320 Listing Price
3 Beds
1,197 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1968
  • Open Loans / Balance: 1 / $41,803
  • Est. Equity / %: $134,197 / 76.25%
  • Gross Yield: 7.391%
  • APN: 49-10-16-102-025.000-101
  • Situs County: Marion
  • Length Of Ownership: 14 years, 5 months

Rooms

  • Bedrooms: 3
  • Total Rooms: 7

Structure

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

Measurements

  • Total: 1,197/SqFt
  • Lot: 8,799/SqFt
  • Gross: 1,659/SqFt
  • Garage: 462/SqFt
  • Living: 1,197/SqFt
  • Building: 1,659/SqFt
  • Ground: 1,197/SqFt

Legal Description

  • Description: GAY LA RIDGE ADD 3RD SEC L64
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: 39.74142 / -86.086815
  • Subdivision: Gay La Ridge Add 3rd Sec
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 3615
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1940 Homeridge Dr has no associated ownership info
1940 Homeridge Dr has no associated ownership info.

Taxes

1940 Homeridge Dr has 10 associated Taxes items

1940 Homeridge Dr, 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 $111,400. The APN we've located for 1940 Homeridge Dr is 49-10-16-102-025.000-101.

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Taxes
  • Assessed Value:  $111,400
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-16-102-025.000-101
  • Assessed Land Value:  10400
  • Market Land Value:  10400
  • Tax Amount:  898.62
  • Tax Year:  2024
  • Market Value:  111400
  • Market Year:  2025

Tax History

1940 Homeridge Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $111,400 Land Value $10,400 Improvement Value $101,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $898.62 Change Rate +0.021716% Assessed CR Tax Rate
Year 2023 Assessed Value $95,400 Land Value $10,400 Improvement Value $85,000 Tax Amount $879.52 Change Rate -0.249274% Assessed CR Tax Rate +0.009219%
Year 2022 Assessed Value $105,100 Land Value $10,400 Improvement Value $94,700 Tax Amount $1,171.56 Change Rate +0.418422% Assessed CR Tax Rate +0.011147%
Year 2021 Assessed Value $83,300 Land Value $10,400 Improvement Value $72,900 Tax Amount $825.96 Change Rate +0.494355% Assessed CR Tax Rate +0.009915%
Year 2020 Assessed Value $73,400 Land Value $10,400 Improvement Value $63,000 Tax Amount $552.72 Change Rate +0.313124% Assessed CR Tax Rate +0.00753%
Year 2019 Assessed Value $55,000 Land Value $5,600 Improvement Value $49,400 Tax Amount $420.92 Change Rate -0.237547% Assessed CR Tax Rate +0.007653%
Year 2018 Assessed Value $58,100 Land Value $5,600 Improvement Value $52,500 Tax Amount $552.06 Change Rate +0.160229% Assessed CR Tax Rate +0.009502%
Year 2017 Assessed Value $55,500 Land Value $5,600 Improvement Value $49,900 Tax Amount $475.82 Change Rate -0.604334% Assessed CR Tax Rate +0.008573%
Year 2016 Assessed Value $56,000 Land Value $5,600 Improvement Value $50,400 Tax Amount $1,202.58 Change Rate -0.049224% Assessed CR Tax Rate +0.021475%
Year 2014 Assessed Value $58,500 Land Value $5,600 Improvement Value $52,900 Tax Amount $1,264.84 Change Rate +0.039976% Assessed CR Tax Rate +0.021621%
Year 2013 Assessed Value $58,500 Land Value $5,600 Improvement Value $52,900 Tax Amount $1,216.22 Change Rate Assessed CR Tax Rate +0.02079%