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242 N Gray St; Indianapolis, IN Property Details

242 N Gray St, Indianapolis, IN is a Single Family that was built in 1910. This property is currently a cash purchase and is not for sale. Our records show that 242 N Gray St has 4 bedrooms, and a total of 1,441 square feet. The lot size of 242 N Gray St is 6,403 square feet.

Off market
242 N Gray St Indianapolis, IN 46201
$135,700 Estimated Value
4 Beds
1,441 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1910
  • Purchase Price: $57,000
  • Est. Equity / %: $166,000 / 100%
  • Gross Yield: 7.337%
  • APN: 49-10-05-128-001.000-101
  • Situs County: Marion
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 4
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Fair
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,441/SqFt
  • Lot: 6,403/SqFt
  • Gross: 2,017/SqFt
  • Garage: 360/SqFt
  • Living: 1,441/SqFt
  • Basement: 576/SqFt
  • Building: 2,017/SqFt
  • Ground: 1,441/SqFt
  • Price Per Square Foot: $39.56

Legal Description

  • Description: DIETZS E WASH ST ADD L22
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: 39.77118 / -86.11196
  • Subdivision: Dietzs E Wash St Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 3344
  • Cooling: None
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

242 N Gray St has no associated ownership info
242 N Gray St has no associated ownership info.

Taxes

242 N Gray St has 10 associated Taxes items

242 N Gray 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 $135,700. The APN we've located for 242 N Gray St is 49-10-05-128-001.000-101.

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Taxes
  • Assessed Value:  $135,700
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-05-128-001.000-101
  • Assessed Land Value:  11800
  • Market Land Value:  11800
  • Tax Amount:  1199.86
  • Tax Year:  2024
  • Market Value:  135700
  • Market Year:  2025

Tax History

242 N Gray St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $135,700 Land Value $11,800 Improvement Value $123,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,199.86 Change Rate +0.037833% Assessed CR Tax Rate
Year 2023 Assessed Value $113,500 Land Value $11,800 Improvement Value $101,700 Tax Amount $1,156.12 Change Rate -0.09277% Assessed CR Tax Rate +0.010186%
Year 2022 Assessed Value $111,900 Land Value $11,800 Improvement Value $100,100 Tax Amount $1,274.34 Change Rate -0.366145% Assessed CR Tax Rate +0.011388%
Year 2021 Assessed Value $83,500 Land Value $11,800 Improvement Value $71,700 Tax Amount $2,010.46 Change Rate +0.321437% Assessed CR Tax Rate +0.024077%
Year 2020 Assessed Value $65,700 Land Value $2,200 Improvement Value $63,500 Tax Amount $1,521.42 Change Rate +0.054754% Assessed CR Tax Rate +0.023157%
Year 2019 Assessed Value $61,100 Land Value $2,200 Improvement Value $58,900 Tax Amount $1,442.44 Change Rate +0.075308% Assessed CR Tax Rate +0.023608%
Year 2018 Assessed Value $53,000 Land Value $2,200 Improvement Value $50,800 Tax Amount $1,341.42 Change Rate +0.165095% Assessed CR Tax Rate +0.02531%
Year 2017 Assessed Value $50,600 Land Value $2,200 Improvement Value $48,400 Tax Amount $1,151.34 Change Rate +0.227075% Assessed CR Tax Rate +0.022754%
Year 2016 Assessed Value $46,000 Land Value $2,200 Improvement Value $43,800 Tax Amount $938.28 Change Rate +0.115592% Assessed CR Tax Rate +0.020397%
Year 2014 Assessed Value $38,900 Land Value $2,200 Improvement Value $36,700 Tax Amount $841.06 Change Rate -0.010867% Assessed CR Tax Rate +0.021621%
Year 2013 Assessed Value $40,900 Land Value $2,200 Improvement Value $38,700 Tax Amount $850.3 Change Rate Assessed CR Tax Rate +0.02079%