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2437 E 40th St; Indianapolis, IN Property Details

2437 E 40th St, Indianapolis, IN is a Single Family that was built in 1924. This property is currently a cash purchase and is not for sale. Our records show that 2437 E 40th St has 2 bedrooms, and 1.5 bathrooms, and a total of 984 square feet. The lot size of 2437 E 40th St is 5,358 square feet.

Off market
2437 E 40th St Indianapolis, IN 46205
$134,700 Estimated Value
2 Beds
1.5 Baths
984 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1924
  • Est. Equity / %: $171,000 / 100%
  • Gross Yield: 8.063%
  • APN: 49-07-17-112-135.000-801
  • Situs County: Marion
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 984/SqFt
  • Lot: 5,358/SqFt
  • Gross: 1,968/SqFt
  • Garage: 528/SqFt
  • Living: 984/SqFt
  • Basement: 984/SqFt
  • Building: 1,968/SqFt
  • Ground: 984/SqFt

Legal Description

  • Description: WALDEMERE L52 8FT S & ADJ 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: 39.828323 / -86.12085
  • Subdivision: Waldemere
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 2905
  • Bathroom Fixtures: 7
  • Cooling: None
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

2437 E 40th St has no associated ownership info
2437 E 40th St has no associated ownership info.

Taxes

2437 E 40th St has 10 associated Taxes items

2437 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 $134,700. The APN we've located for 2437 E 40th St is 49-07-17-112-135.000-801.

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Taxes
  • Assessed Value:  $134,700
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-07-17-112-135.000-801
  • Assessed Land Value:  14100
  • Market Land Value:  14100
  • Tax Amount:  193.88
  • Tax Year:  2024
  • Market Value:  134700
  • Market Year:  2025

Tax History

2437 E 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $134,700 Land Value $14,100 Improvement Value $120,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $193.88 Change Rate -0.34606% Assessed CR Tax Rate
Year 2023 Assessed Value $125,400 Land Value $14,100 Improvement Value $111,300 Tax Amount $296.48 Change Rate +0.021148% Assessed CR Tax Rate +0.002364%
Year 2022 Assessed Value $116,900 Land Value $14,100 Improvement Value $102,800 Tax Amount $290.34 Change Rate +0.021317% Assessed CR Tax Rate +0.002484%
Year 2021 Assessed Value $91,700 Land Value $5,600 Improvement Value $86,100 Tax Amount $284.28 Change Rate +0.58727% Assessed CR Tax Rate +0.0031%
Year 2020 Assessed Value $76,900 Land Value $2,100 Improvement Value $74,800 Tax Amount $179.1 Change Rate +0.019932% Assessed CR Tax Rate +0.002329%
Year 2019 Assessed Value $71,300 Land Value $2,100 Improvement Value $69,200 Tax Amount $175.6 Change Rate -0.266928% Assessed CR Tax Rate +0.002463%
Year 2018 Assessed Value $66,700 Land Value $2,100 Improvement Value $64,600 Tax Amount $239.54 Change Rate +0.261666% Assessed CR Tax Rate +0.003591%
Year 2017 Assessed Value $62,400 Land Value $2,100 Improvement Value $60,300 Tax Amount $189.86 Change Rate +1.496187% Assessed CR Tax Rate +0.003043%
Year 2016 Assessed Value $58,800 Land Value $2,100 Improvement Value $56,700 Tax Amount $76.06 Change Rate +0.038787% Assessed CR Tax Rate +0.001294%
Year 2014 Assessed Value $58,200 Land Value $2,100 Improvement Value $56,100 Tax Amount $73.22 Change Rate +0.26722% Assessed CR Tax Rate +0.001258%
Year 2013 Assessed Value $56,000 Land Value $2,100 Improvement Value $53,900 Tax Amount $57.78 Change Rate Assessed CR Tax Rate +0.001032%