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2407 E 40th St; Indianapolis, IN Property Details

2407 E 40th St, Indianapolis, IN is a Single Family that was built in 1925. This property is currently Financed and is not for sale. Our records show that 2407 E 40th St has 2 bedrooms, and 2 bathrooms, and a total of 922 square feet. The lot size of 2407 E 40th St is 5,053 square feet.

Off market
2407 E 40th St Indianapolis, IN 46205
$138,000 Listing Price
2 Beds
2 Baths
922 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1925
  • Purchase Price: $138,000
  • Open Loans / Balance: 2 / $137,184
  • Est. Equity / %: $9,816 / 6.68%
  • Gross Yield: 9.037%
  • APN: 49-07-17-112-131.000-801
  • Situs County: Marion
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 922/SqFt
  • Lot: 5,053/SqFt
  • Gross: 1,834/SqFt
  • Living: 922/SqFt
  • Basement: 912/SqFt
  • Building: 1,834/SqFt
  • Ground: 922/SqFt
  • Price Per Square Foot: $149.67

Legal Description

  • Description: WALDEMERE LOT 148
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: 39.828342 / -86.12143
  • Subdivision: Waldemere
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 2905
  • Cooling: Central
  • Heating: Central

Ownership Info

2407 E 40th St has no associated ownership info
2407 E 40th St has no associated ownership info.

Taxes

2407 E 40th St has 10 associated Taxes items

2407 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 $135,900. The APN we've located for 2407 E 40th St is 49-07-17-112-131.000-801.

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Taxes
  • Assessed Value:  $135,900
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-07-17-112-131.000-801
  • Assessed Land Value:  13600
  • Market Land Value:  13600
  • Tax Amount:  1380.42
  • Tax Year:  2024
  • Market Value:  135900
  • Market Year:  2025

Tax History

2407 E 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $135,900 Land Value $13,600 Improvement Value $122,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,380.42 Change Rate +0.692106% Assessed CR Tax Rate
Year 2023 Assessed Value $94,400 Land Value $13,600 Improvement Value $80,800 Tax Amount $815.8 Change Rate -0.615989% Assessed CR Tax Rate +0.008642%
Year 2022 Assessed Value $88,200 Land Value $13,600 Improvement Value $74,600 Tax Amount $2,124.42 Change Rate +2.703919% Assessed CR Tax Rate +0.024086%
Year 2021 Assessed Value $68,000 Land Value $5,400 Improvement Value $62,600 Tax Amount $573.56 Change Rate +0.376302% Assessed CR Tax Rate +0.008435%
Year 2020 Assessed Value $56,200 Land Value $2,100 Improvement Value $54,100 Tax Amount $416.74 Change Rate +0.061379% Assessed CR Tax Rate +0.007415%
Year 2019 Assessed Value $52,100 Land Value $2,100 Improvement Value $50,000 Tax Amount $392.64 Change Rate -0.116193% Assessed CR Tax Rate +0.007536%
Year 2018 Assessed Value $49,100 Land Value $2,100 Improvement Value $47,000 Tax Amount $444.26 Change Rate +0.192516% Assessed CR Tax Rate +0.009048%
Year 2017 Assessed Value $45,700 Land Value $2,100 Improvement Value $43,600 Tax Amount $372.54 Change Rate +0.167471% Assessed CR Tax Rate +0.008152%
Year 2016 Assessed Value $43,200 Land Value $2,100 Improvement Value $41,100 Tax Amount $319.1 Change Rate +0.033891% Assessed CR Tax Rate +0.007387%
Year 2014 Assessed Value $43,000 Land Value $2,100 Improvement Value $40,900 Tax Amount $308.64 Change Rate +0.034594% Assessed CR Tax Rate +0.007178%
Year 2013 Assessed Value $41,300 Land Value $2,100 Improvement Value $39,200 Tax Amount $298.32 Change Rate Assessed CR Tax Rate +0.007223%