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2302 E 40th St; Indianapolis, IN Property Details

2302 E 40th St, Indianapolis, IN is a Single Family that was built in 1961. This property is currently a cash purchase and is not for sale. Our records show that 2302 E 40th St has 2 bedrooms, and 1 bathroom, and a total of 864 square feet. The lot size of 2302 E 40th St is 5,140 square feet.

Off market
2302 E 40th St Indianapolis, IN 46205
$42,000 Listing Price
2 Beds
1 Baths
864 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1961
  • Open Loans / Balance: 1 / $65,396
  • Est. Equity / %: $54,604 / 45.5%
  • Gross Yield: 12.5%
  • APN: 49-07-18-110-047.000-801
  • Situs County: Marion
  • Length Of Ownership: 10 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 864/SqFt
  • Lot: 5,140/SqFt
  • Gross: 864/SqFt
  • Living: 864/SqFt
  • Building: 864/SqFt
  • Ground: 864/SqFt

Legal Description

  • Description: HIGHWAY PARK RESUB L104
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: 39.828762 / -86.1231
  • Subdivision: Highway Park Resub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 2943
  • Cooling: None
  • Heating: Central

Ownership Info

2302 E 40th St has no associated ownership info
2302 E 40th St has no associated ownership info.

Taxes

2302 E 40th St has 10 associated Taxes items

2302 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 $57,500. The APN we've located for 2302 E 40th St is 49-07-18-110-047.000-801.

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Taxes
  • Assessed Value:  $57,500
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-07-18-110-047.000-801
  • Assessed Land Value:  4200
  • Market Land Value:  4200
  • Tax Amount:  1158.02
  • Tax Year:  2024
  • Market Value:  57500
  • Market Year:  2025

Tax History

2302 E 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $57,500 Land Value $4,200 Improvement Value $53,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,158.02 Change Rate -0.068067% Assessed CR Tax Rate
Year 2023 Assessed Value $49,300 Land Value $4,200 Improvement Value $45,100 Tax Amount $1,242.6 Change Rate +0.00521% Assessed CR Tax Rate +0.025205%
Year 2022 Assessed Value $49,300 Land Value $4,200 Improvement Value $45,100 Tax Amount $1,236.16 Change Rate +0.098926% Assessed CR Tax Rate +0.025074%
Year 2021 Assessed Value $45,600 Land Value $4,200 Improvement Value $41,400 Tax Amount $1,124.88 Change Rate +0.15221% Assessed CR Tax Rate +0.024668%
Year 2020 Assessed Value $41,900 Land Value $2,000 Improvement Value $39,900 Tax Amount $976.28 Change Rate -0.019051% Assessed CR Tax Rate +0.0233%
Year 2019 Assessed Value $41,900 Land Value $2,000 Improvement Value $39,900 Tax Amount $995.24 Change Rate -0.038248% Assessed CR Tax Rate +0.023753%
Year 2018 Assessed Value $40,500 Land Value $2,000 Improvement Value $38,500 Tax Amount $1,034.82 Change Rate +0.129075% Assessed CR Tax Rate +0.025551%
Year 2017 Assessed Value $40,000 Land Value $2,000 Improvement Value $38,000 Tax Amount $916.52 Change Rate +0.069302% Assessed CR Tax Rate +0.022913%
Year 2016 Assessed Value $39,300 Land Value $2,000 Improvement Value $37,300 Tax Amount $857.12 Change Rate -0.037657% Assessed CR Tax Rate +0.02181%
Year 2014 Assessed Value $40,900 Land Value $2,000 Improvement Value $38,900 Tax Amount $890.66 Change Rate +0.03838% Assessed CR Tax Rate +0.021777%
Year 2013 Assessed Value $40,900 Land Value $2,000 Improvement Value $38,900 Tax Amount $857.74 Change Rate Assessed CR Tax Rate +0.020972%