Large Location Icon

2423 E 40th St; Indianapolis, IN Property Details

2423 E 40th St, Indianapolis, IN is a Single Family that was built in 1940. This property is currently Financed and is not for sale. Our records show that 2423 E 40th St has 3 bedrooms, and a total of 1,567 square feet. The lot size of 2423 E 40th St is 10,411 square feet.

Off market
2423 E 40th St Indianapolis, IN 46205
$131,600 Estimated Value
3 Beds
1,567 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1940
  • Purchase Price: $58,600
  • Est. Equity / %: $131,000 / 100%
  • Gross Yield: 8.171%
  • APN: 49-07-17-112-134.000-801
  • Situs County: Marion
  • Length Of Ownership: 20 years, 3 months

Rooms

  • Bedrooms: 3
  • Total Rooms: 7

Structure

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

Measurements

  • Total: 1,567/SqFt
  • Lot: 10,411/SqFt
  • Gross: 1,834/SqFt
  • Garage: 267/SqFt
  • Living: 1,567/SqFt
  • Building: 1,834/SqFt
  • Ground: 1,567/SqFt
  • Price Per Square Foot: $37.40

Legal Description

  • Description: WALDEMERE L150 & 151 & 8S & ADJ TO 32E END &1/2 VAC ALLEY
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: 39.82833 / -86.12107
  • Subdivision: Waldemere
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 2905
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

2423 E 40th St has no associated ownership info
2423 E 40th St has no associated ownership info.

Taxes

2423 E 40th St has 10 associated Taxes items

2423 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 $131,600. The APN we've located for 2423 E 40th St is 49-07-17-112-134.000-801.

Unlock the full report
Taxes
  • Assessed Value:  $131,600
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-07-17-112-134.000-801
  • Assessed Land Value:  20900
  • Market Land Value:  20900
  • Tax Amount:  1240.34
  • Tax Year:  2024
  • Market Value:  131600
  • Market Year:  2025

Tax History

2423 E 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $131,600 Land Value $20,900 Improvement Value $110,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,240.34 Change Rate -0.03778% Assessed CR Tax Rate
Year 2023 Assessed Value $121,500 Land Value $20,900 Improvement Value $100,600 Tax Amount $1,289.04 Change Rate +0.109424% Assessed CR Tax Rate +0.010609%
Year 2022 Assessed Value $113,700 Land Value $20,900 Improvement Value $92,800 Tax Amount $1,161.9 Change Rate +0.490609% Assessed CR Tax Rate +0.010219%
Year 2021 Assessed Value $86,000 Land Value $8,300 Improvement Value $77,700 Tax Amount $779.48 Change Rate +0.788701% Assessed CR Tax Rate +0.009064%
Year 2020 Assessed Value $70,300 Land Value $3,200 Improvement Value $67,100 Tax Amount $435.78 Change Rate +0.075628% Assessed CR Tax Rate +0.006199%
Year 2019 Assessed Value $65,300 Land Value $3,200 Improvement Value $62,100 Tax Amount $405.14 Change Rate -0.079729% Assessed CR Tax Rate +0.006204%
Year 2018 Assessed Value $56,100 Land Value $3,200 Improvement Value $52,900 Tax Amount $440.24 Change Rate +0.184396% Assessed CR Tax Rate +0.007847%
Year 2017 Assessed Value $52,700 Land Value $3,200 Improvement Value $49,500 Tax Amount $371.7 Change Rate +0.260085% Assessed CR Tax Rate +0.007053%
Year 2016 Assessed Value $51,600 Land Value $3,200 Improvement Value $48,400 Tax Amount $294.98 Change Rate -0.733402% Assessed CR Tax Rate +0.005717%
Year 2014 Assessed Value $51,400 Land Value $3,200 Improvement Value $48,200 Tax Amount $1,106.46 Change Rate +2.067025% Assessed CR Tax Rate +0.021526%
Year 2013 Assessed Value $49,400 Land Value $3,200 Improvement Value $46,200 Tax Amount $360.76 Change Rate Assessed CR Tax Rate +0.007303%