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2551 S Lockburn St; Indianapolis, IN Property Details

2551 S Lockburn St, Indianapolis, IN is a Single Family that was built in 1930. This property is currently a cash purchase and is not for sale. Our records show that 2551 S Lockburn St has 2 bedrooms, and 1 bathroom, and a total of 832 square feet. The lot size of 2551 S Lockburn St is 5,184 square feet.

Off market
2551 S Lockburn St Indianapolis, IN 46241
$105,000 Listing Price
2 Beds
1 Baths
832 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1930
  • Purchase Price: $105,000
  • Est. Equity / %: $148,000 / 100%
  • Gross Yield: 9.624%
  • APN: 49-11-20-118-337.000-900
  • Situs County: Marion
  • Length Of Ownership: 3 years, 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 832/SqFt
  • Lot: 5,184/SqFt
  • Gross: 1,248/SqFt
  • Garage: 336/SqFt
  • Living: 832/SqFt
  • Basement: 416/SqFt
  • Building: 1,248/SqFt
  • Ground: 832/SqFt
  • Price Per Square Foot: $126.20

Legal Description

  • Description: MARS HILL L1905
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: 39.728237 / -86.22724
  • Subdivision: Mars Hill
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 5224
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

2551 S Lockburn St has no associated ownership info
2551 S Lockburn St has no associated ownership info.

Taxes

2551 S Lockburn St has 10 associated Taxes items

2551 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 $144,600. The APN we've located for 2551 S Lockburn St is 49-11-20-118-337.000-900.

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Taxes
  • Assessed Value:  $144,600
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-20-118-337.000-900
  • Assessed Land Value:  5000
  • Market Land Value:  5000
  • Tax Amount:  2740.08
  • Tax Year:  2024
  • Market Value:  144600
  • Market Year:  2025

Tax History

2551 S Lockburn St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $144,600 Land Value $5,000 Improvement Value $139,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,740.08 Change Rate +0.424913% Assessed CR Tax Rate
Year 2023 Assessed Value $78,100 Land Value $5,000 Improvement Value $73,100 Tax Amount $1,922.98 Change Rate +0.032417% Assessed CR Tax Rate +0.024622%
Year 2022 Assessed Value $75,600 Land Value $5,000 Improvement Value $70,600 Tax Amount $1,862.6 Change Rate +0.044949% Assessed CR Tax Rate +0.024638%
Year 2021 Assessed Value $62,900 Land Value $5,000 Improvement Value $57,900 Tax Amount $1,782.48 Change Rate Assessed CR Tax Rate +0.028338%
Year 2020 Assessed Value $46,000 Land Value $5,000 Improvement Value $41,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $46,000 Land Value $5,000 Improvement Value $41,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $45,200 Land Value $5,000 Improvement Value $40,200 Tax Amount $78.8 Change Rate +0.023377% Assessed CR Tax Rate +0.001743%
Year 2017 Assessed Value $43,700 Land Value $5,000 Improvement Value $38,700 Tax Amount $77 Change Rate Assessed CR Tax Rate +0.001762%
Year 2016 Assessed Value $44,800 Land Value $5,000 Improvement Value $39,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $43,700 Land Value $5,000 Improvement Value $38,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $42,600 Land Value $5,000 Improvement Value $37,600 Tax Amount $852 Change Rate +13.440678% Assessed CR Tax Rate +0.02%
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $59 Change Rate Assessed CR Tax Rate