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1940 S Gala Dr; Indianapolis, IN Property Details

1940 S Gala Dr, Indianapolis, IN is a Single Family that was built in 1968. This property is currently Financed and is not for sale. Our records show that 1940 S Gala Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,120 square feet. The lot size of 1940 S Gala Dr is 8,581 square feet.

Off market  •   Pre Probate ✓
1940 S Gala Dr Indianapolis, IN 46203
$70,000 Listing Price
3 Beds
1.5 Baths
1,120 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1968
  • Purchase Price: $81,300
  • Open Loans / Balance: 1 / $33,747
  • Est. Equity / %: $114,253 / 77.2%
  • Gross Yield: 6.957%
  • APN: 49-10-16-102-011.000-101
  • Situs County: Marion
  • Length Of Ownership: 19 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Total Rooms: 7

Structure

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

Measurements

  • Total: 1,120/SqFt
  • Lot: 8,581/SqFt
  • Gross: 1,456/SqFt
  • Garage: 336/SqFt
  • Living: 1,120/SqFt
  • Building: 1,456/SqFt
  • Ground: 1,120/SqFt
  • Price Per Square Foot: $72.59

Legal Description

  • Description: GAY LA RIDGE ADD 3RD SEC L69
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: 39.74139 / -86.085884
  • Subdivision: Gay La Ridge Add 3rd Sec
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 3611
  • Cooling: None
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1940 S Gala Dr has no associated ownership info
1940 S Gala Dr has no associated ownership info.

Taxes

1940 S Gala Dr has 10 associated Taxes items

1940 S Gala 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 $87,800. The APN we've located for 1940 S Gala Dr is 49-10-16-102-011.000-101.

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Taxes
  • Assessed Value:  $87,800
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-16-102-011.000-101
  • Assessed Land Value:  10100
  • Market Land Value:  10100
  • Tax Amount:  545.02
  • Tax Year:  2024
  • Market Value:  87800
  • Market Year:  2025

Tax History

1940 S Gala Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $87,800 Land Value $10,100 Improvement Value $77,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $545.02 Change Rate -0.06196% Assessed CR Tax Rate
Year 2023 Assessed Value $75,600 Land Value $10,100 Improvement Value $65,500 Tax Amount $581.02 Change Rate -0.146513% Assessed CR Tax Rate +0.007685%
Year 2022 Assessed Value $83,100 Land Value $10,100 Improvement Value $73,000 Tax Amount $680.76 Change Rate +0.365672% Assessed CR Tax Rate +0.008192%
Year 2021 Assessed Value $66,300 Land Value $10,100 Improvement Value $56,200 Tax Amount $498.48 Change Rate +0.403615% Assessed CR Tax Rate +0.007519%
Year 2020 Assessed Value $58,700 Land Value $10,100 Improvement Value $48,600 Tax Amount $355.14 Change Rate +0.200365% Assessed CR Tax Rate +0.00605%
Year 2019 Assessed Value $50,200 Land Value $5,500 Improvement Value $44,700 Tax Amount $295.86 Change Rate -0.270202% Assessed CR Tax Rate +0.005894%
Year 2018 Assessed Value $53,000 Land Value $5,500 Improvement Value $47,500 Tax Amount $405.4 Change Rate +0.163138% Assessed CR Tax Rate +0.007649%
Year 2017 Assessed Value $50,800 Land Value $5,500 Improvement Value $45,300 Tax Amount $348.54 Change Rate +0.197403% Assessed CR Tax Rate +0.006861%
Year 2016 Assessed Value $51,200 Land Value $5,500 Improvement Value $45,700 Tax Amount $291.08 Change Rate -0.050434% Assessed CR Tax Rate +0.005685%
Year 2014 Assessed Value $53,500 Land Value $5,500 Improvement Value $48,000 Tax Amount $306.54 Change Rate -0.102687% Assessed CR Tax Rate +0.00573%
Year 2013 Assessed Value $53,500 Land Value $5,500 Improvement Value $48,000 Tax Amount $341.62 Change Rate Assessed CR Tax Rate +0.006385%