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2521 E 40th St; Indianapolis, IN Property Details

2521 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 2521 E 40th St has 2 bedrooms, and 1 bathroom, and a total of 824 square feet. The lot size of 2521 E 40th St is 5,053 square feet.

Off market
2521 E 40th St Indianapolis, IN 46205
$79,900 Listing Price
2 Beds
1 Baths
824 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1924
  • Purchase Price: $65,000
  • Open Loans / Balance: 1 / $105,463
  • Est. Equity / %: $26,537 / 20.1%
  • Gross Yield: 4.391%
  • APN: 49-07-17-112-124.000-801
  • Situs County: Marion
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 824/SqFt
  • Lot: 5,053/SqFt
  • Gross: 1,236/SqFt
  • Living: 824/SqFt
  • Basement: 412/SqFt
  • Building: 1,236/SqFt
  • Ground: 824/SqFt
  • Price Per Square Foot: $78.88

Legal Description

  • Description: WALDEMERE L158
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: 39.82834 / -86.11977
  • Subdivision: Waldemere
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 2906
  • Cooling: Central
  • Heating: Central

Ownership Info

2521 E 40th St has no associated ownership info
2521 E 40th St has no associated ownership info.

Taxes

2521 E 40th St has 10 associated Taxes items

2521 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 $101,700. The APN we've located for 2521 E 40th St is 49-07-17-112-124.000-801.

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Taxes
  • Assessed Value:  $101,700
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-07-17-112-124.000-801
  • Assessed Land Value:  13600
  • Market Land Value:  13600
  • Tax Amount:  2259.08
  • Tax Year:  2024
  • Market Value:  101700
  • Market Year:  2025

Tax History

2521 E 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $101,700 Land Value $13,600 Improvement Value $88,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,259.08 Change Rate -0.041577% Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $2,357.08 Change Rate +0.084922% Assessed CR Tax Rate
Year 2022 Assessed Value $89,200 Land Value $13,600 Improvement Value $75,600 Tax Amount $2,172.58 Change Rate +0.29251% Assessed CR Tax Rate +0.024356%
Year 2021 Assessed Value $69,000 Land Value $5,400 Improvement Value $63,600 Tax Amount $1,680.9 Change Rate +0.267188% Assessed CR Tax Rate +0.024361%
Year 2020 Assessed Value $57,100 Land Value $2,100 Improvement Value $55,000 Tax Amount $1,326.48 Change Rate +0.058542% Assessed CR Tax Rate +0.023231%
Year 2019 Assessed Value $52,900 Land Value $2,100 Improvement Value $50,800 Tax Amount $1,253.12 Change Rate +0.163572% Assessed CR Tax Rate +0.023688%
Year 2018 Assessed Value $41,700 Land Value $2,100 Improvement Value $39,600 Tax Amount $1,076.96 Change Rate +0.193731% Assessed CR Tax Rate +0.025826%
Year 2017 Assessed Value $38,700 Land Value $2,100 Improvement Value $36,600 Tax Amount $902.18 Change Rate +0.143853% Assessed CR Tax Rate +0.023312%
Year 2016 Assessed Value $36,100 Land Value $2,100 Improvement Value $34,000 Tax Amount $788.72 Change Rate +0.013414% Assessed CR Tax Rate +0.021848%
Year 2014 Assessed Value $35,800 Land Value $2,100 Improvement Value $33,700 Tax Amount $778.28 Change Rate -0.321465% Assessed CR Tax Rate +0.02174%
Year 2013 Assessed Value $42,200 Land Value $2,100 Improvement Value $40,100 Tax Amount $1,147 Change Rate Assessed CR Tax Rate +0.02718%