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2501 Madison Ave; Indianapolis, IN Property Details

2501 Madison Ave, Indianapolis, IN is a Commercial Office that was built in 1962. This property is currently a cash purchase and is not for sale. Our records show that 2501 Madison Ave has a total of 6,892 square feet. The lot size of 2501 Madison Ave is 14,080 square feet.

Off market
2501 Madison Ave Indianapolis, IN 46225
$620,000 Listing Price
6,892 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1962
  • APN: 49-11-24-123-042.000-101
  • Situs County: Marion
  • Length Of Ownership: 11 months

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 6,892/SqFt
  • Lot: 14,080/SqFt
  • Gross: 6,892/SqFt
  • Living: 6,892/SqFt
  • Building: 6,892/SqFt
  • Ground: 6,892/SqFt

Legal Description

  • Description: MADISON TERRACE ADD 88FT NL E END L1 THRU L4
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.73114 / -86.153656
  • Subdivision: Madison Terrace Add 88ft Nl E End
  • Property Class: Office
  • County Use Code: 447

Amenities

  • Plus Four: 2188

Ownership Info

2501 Madison Ave has no associated ownership info
2501 Madison Ave has no associated ownership info.

Taxes

2501 Madison Ave has 10 associated Taxes items

2501 Madison Ave, 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 $270,300. The APN we've located for 2501 Madison Ave is 49-11-24-123-042.000-101.

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Taxes
  • Assessed Value:  $270,300
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-24-123-042.000-101
  • Assessed Land Value:  31000
  • Market Land Value:  31000
  • Tax Amount:  4877.94
  • Tax Year:  2024
  • Market Value:  270300
  • Market Year:  2025

Tax History

2501 Madison Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $270,300 Land Value $31,000 Improvement Value $239,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,877.94 Change Rate -0.039798% Assessed CR Tax Rate
Year 2023 Assessed Value $175,100 Land Value $31,000 Improvement Value $144,100 Tax Amount $5,080.12 Change Rate -0.000858% Assessed CR Tax Rate +0.029013%
Year 2022 Assessed Value $175,100 Land Value $31,000 Improvement Value $144,100 Tax Amount $5,084.48 Change Rate +0.027321% Assessed CR Tax Rate +0.029038%
Year 2021 Assessed Value $159,800 Land Value $28,200 Improvement Value $131,600 Tax Amount $4,949.26 Change Rate +0.045771% Assessed CR Tax Rate +0.030972%
Year 2020 Assessed Value $159,800 Land Value $28,200 Improvement Value $131,600 Tax Amount $4,732.64 Change Rate +0.02015% Assessed CR Tax Rate +0.029616%
Year 2019 Assessed Value $153,900 Land Value $28,200 Improvement Value $125,700 Tax Amount $4,639.16 Change Rate -0.066905% Assessed CR Tax Rate +0.030144%
Year 2018 Assessed Value $153,900 Land Value $28,200 Improvement Value $125,700 Tax Amount $4,971.8 Change Rate +0.15153% Assessed CR Tax Rate +0.032305%
Year 2017 Assessed Value $150,200 Land Value $28,200 Improvement Value $122,000 Tax Amount $4,317.56 Change Rate -0.004739% Assessed CR Tax Rate +0.028745%
Year 2016 Assessed Value $143,300 Land Value $28,200 Improvement Value $115,100 Tax Amount $4,338.12 Change Rate +0.040017% Assessed CR Tax Rate +0.030273%
Year 2014 Assessed Value $142,800 Land Value $28,200 Improvement Value $114,600 Tax Amount $4,171.2 Change Rate -0.407601% Assessed CR Tax Rate +0.02921%
Year 2013 Assessed Value $219,700 Land Value $28,200 Improvement Value $191,500 Tax Amount $7,041.2 Change Rate Assessed CR Tax Rate +0.032049%