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2502 S Lockburn St; Indianapolis, IN Property Details

2502 S Lockburn 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 2502 S Lockburn St has 3 bedrooms, and a total of 1,440 square feet. The lot size of 2502 S Lockburn St is 5,184 square feet.

Off market
2502 S Lockburn St Indianapolis, IN 46241
$168,200 Estimated Value
3 Beds
1,440 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1940
  • Purchase Price: $4,087,500
  • Open Loans: 1
  • Gross Yield: 8.215%
  • APN: 49-11-20-118-372.000-900
  • Situs County: Marion
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 3
  • Total Rooms: 9

Structure

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

Measurements

  • Total: 1,440/SqFt
  • Lot: 5,184/SqFt
  • Gross: 2,304/SqFt
  • Living: 1,440/SqFt
  • Basement: 864/SqFt
  • Building: 2,304/SqFt
  • Ground: 864/SqFt
  • Price Per Square Foot: $2838.54

Legal Description

  • Description: MARS HILL L1652
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Wayne Township Metropolitan School District
  • Lat / Lon: 39.72956 / -86.22785
  • Subdivision: Mars Hill
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 5225
  • Cooling: None
  • Fireplaces: 1
  • Heating: Central

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

2502 S Lockburn St has no associated ownership info
2502 S Lockburn St has no associated ownership info.

Taxes

2502 S Lockburn St has 10 associated Taxes items

2502 S Lockburn 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 $168,200. The APN we've located for 2502 S Lockburn St is 49-11-20-118-372.000-900.

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Taxes
  • Assessed Value:  $168,200
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-20-118-372.000-900
  • Assessed Land Value:  5000
  • Market Land Value:  5000
  • Tax Amount:  4008.78
  • Tax Year:  2025
  • Market Value:  168200
  • Market Year:  2025

Tax History

2502 S Lockburn St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $168,200 Land Value $5,000 Improvement Value $163,200 Tax Amount $4,008.78 Change Rate +0.251555% Assessed CR Tax Rate +0.023833%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,203.04 Change Rate +0.060743% Assessed CR Tax Rate
Year 2023 Assessed Value $124,600 Land Value $5,000 Improvement Value $119,600 Tax Amount $3,019.62 Change Rate +0.031841% Assessed CR Tax Rate +0.024235%
Year 2022 Assessed Value $120,700 Land Value $5,000 Improvement Value $115,700 Tax Amount $2,926.44 Change Rate +0.003312% Assessed CR Tax Rate +0.024246%
Year 2021 Assessed Value $104,800 Land Value $5,000 Improvement Value $99,800 Tax Amount $2,916.78 Change Rate +0.194863% Assessed CR Tax Rate +0.027832%
Year 2020 Assessed Value $90,300 Land Value $5,000 Improvement Value $85,300 Tax Amount $2,441.1 Change Rate +0.311136% Assessed CR Tax Rate +0.027033%
Year 2019 Assessed Value $90,300 Land Value $5,000 Improvement Value $85,300 Tax Amount $1,861.82 Change Rate +0.287744% Assessed CR Tax Rate +0.020618%
Year 2018 Assessed Value $88,800 Land Value $5,000 Improvement Value $83,800 Tax Amount $1,445.8 Change Rate +0.404644% Assessed CR Tax Rate +0.016282%
Year 2017 Assessed Value $85,400 Land Value $5,000 Improvement Value $80,400 Tax Amount $1,029.3 Change Rate +0.074987% Assessed CR Tax Rate +0.012053%
Year 2016 Assessed Value $87,600 Land Value $5,000 Improvement Value $82,600 Tax Amount $957.5 Change Rate +0.114668% Assessed CR Tax Rate +0.01093%
Year 2014 Assessed Value $85,500 Land Value $5,000 Improvement Value $80,500 Tax Amount $859 Change Rate +0.026309% Assessed CR Tax Rate +0.010047%
Year 2013 Assessed Value $83,300 Land Value $5,000 Improvement Value $78,300 Tax Amount $836.98 Change Rate Assessed CR Tax Rate +0.010048%