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2306 E 40th St; Indianapolis, IN Property Details

2306 E 40th St, Indianapolis, IN is a Single Family that was built in 1949. This property is currently Financed and is not for sale. Our records show that 2306 E 40th St has 2 bedrooms, and a total of 816 square feet. The lot size of 2306 E 40th St is 5,140 square feet.

Off market
2306 E 40th St Indianapolis, IN 46205
$71,300 Estimated Value
2 Beds
816 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1949
  • Purchase Price: $29,300
  • Est. Equity / %: $121,000 / 100%
  • Gross Yield: 6.03%
  • APN: 49-07-18-110-048.000-801
  • Situs County: Marion
  • Length Of Ownership: 18 years, 3 months

Rooms

  • Bedrooms: 2
  • 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: 816/SqFt
  • Lot: 5,140/SqFt
  • Gross: 1,632/SqFt
  • Garage: 320/SqFt
  • Living: 816/SqFt
  • Basement: 816/SqFt
  • Building: 1,632/SqFt
  • Ground: 816/SqFt
  • Price Per Square Foot: $35.91

Legal Description

  • Description: HIGHWAY PARK RESUB L103
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: 39.8288 / -86.12297
  • Subdivision: Highway Park Resub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 2943
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

2306 E 40th St has no associated ownership info
2306 E 40th St has no associated ownership info.

Taxes

2306 E 40th St has 10 associated Taxes items

2306 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 $71,300. The APN we've located for 2306 E 40th St is 49-07-18-110-048.000-801.

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Taxes
  • Assessed Value:  $71,300
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-07-18-110-048.000-801
  • Assessed Land Value:  4200
  • Market Land Value:  4200
  • Tax Amount:  1423.8
  • Tax Year:  2024
  • Market Value:  71300
  • Market Year:  2025

Tax History

2306 E 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $71,300 Land Value $4,200 Improvement Value $67,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,423.8 Change Rate -0.036541% Assessed CR Tax Rate
Year 2023 Assessed Value $58,600 Land Value $4,200 Improvement Value $54,400 Tax Amount $1,477.8 Change Rate +0.005607% Assessed CR Tax Rate +0.025218%
Year 2022 Assessed Value $58,600 Land Value $4,200 Improvement Value $54,400 Tax Amount $1,469.56 Change Rate +0.104999% Assessed CR Tax Rate +0.025078%
Year 2021 Assessed Value $54,000 Land Value $4,200 Improvement Value $49,800 Tax Amount $1,329.92 Change Rate +0.139508% Assessed CR Tax Rate +0.024628%
Year 2020 Assessed Value $50,400 Land Value $2,000 Improvement Value $48,400 Tax Amount $1,167.1 Change Rate -0.065468% Assessed CR Tax Rate +0.023157%
Year 2019 Assessed Value $52,900 Land Value $2,000 Improvement Value $50,900 Tax Amount $1,248.86 Change Rate -0.060654% Assessed CR Tax Rate +0.023608%
Year 2018 Assessed Value $52,500 Land Value $2,000 Improvement Value $50,500 Tax Amount $1,329.5 Change Rate +0.129739% Assessed CR Tax Rate +0.025324%
Year 2017 Assessed Value $51,800 Land Value $2,000 Improvement Value $49,800 Tax Amount $1,176.82 Change Rate +0.066501% Assessed CR Tax Rate +0.022719%
Year 2016 Assessed Value $50,800 Land Value $2,000 Improvement Value $48,800 Tax Amount $1,103.44 Change Rate +0.047981% Assessed CR Tax Rate +0.021721%
Year 2014 Assessed Value $48,700 Land Value $2,000 Improvement Value $46,700 Tax Amount $1,052.92 Change Rate -0.081494% Assessed CR Tax Rate +0.021621%
Year 2013 Assessed Value $48,700 Land Value $2,000 Improvement Value $46,700 Tax Amount $1,146.34 Change Rate Assessed CR Tax Rate +0.023539%