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2551 S Lyons Ave; Indianapolis, IN Property Details

2551 S Lyons Ave, 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 Lyons Ave has 2 bedrooms, and a total of 828 square feet. The lot size of 2551 S Lyons Ave is 5,184 square feet.

Off market
2551 S Lyons Ave Indianapolis, IN 46241
$41,900 Listing Price
2 Beds
828 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1930
  • Purchase Price: $20,000
  • Est. Equity / %: $127,000 / 100%
  • Gross Yield: 10.781%
  • APN: 49-11-20-118-242.000-900
  • Situs County: Marion
  • Length Of Ownership: 9 years

Rooms

  • Bedrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 828/SqFt
  • Lot: 5,184/SqFt
  • Gross: 828/SqFt
  • Garage: 288/SqFt
  • Living: 828/SqFt
  • Building: 828/SqFt
  • Ground: 431/SqFt
  • Price Per Square Foot: $24.15

Legal Description

  • Description: MARS HILL L 465
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: 39.728226 / -86.23322
  • Subdivision: Mars Hill
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Pool: true
  • Plus Four: 5247
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

2551 S Lyons Ave has no associated ownership info
2551 S Lyons Ave has no associated ownership info.

Taxes

2551 S Lyons Ave has 10 associated Taxes items

2551 S Lyons 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 $72,000. The APN we've located for 2551 S Lyons Ave is 49-11-20-118-242.000-900.

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Taxes
  • Assessed Value:  $72,000
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-20-118-242.000-900
  • Assessed Land Value:  5000
  • Market Land Value:  5000
  • Tax Amount:  1407.64
  • Tax Year:  2024
  • Market Value:  72000
  • Market Year:  2025

Tax History

2551 S Lyons Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $72,000 Land Value $5,000 Improvement Value $67,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,407.64 Change Rate -0.031738% Assessed CR Tax Rate
Year 2023 Assessed Value $55,000 Land Value $5,000 Improvement Value $50,000 Tax Amount $1,453.78 Change Rate +0.015209% Assessed CR Tax Rate +0.026432%
Year 2022 Assessed Value $53,500 Land Value $5,000 Improvement Value $48,500 Tax Amount $1,432 Change Rate +0.328189% Assessed CR Tax Rate +0.026766%
Year 2021 Assessed Value $35,800 Land Value $5,000 Improvement Value $30,800 Tax Amount $1,078.16 Change Rate +0.274421% Assessed CR Tax Rate +0.030116%
Year 2020 Assessed Value $31,000 Land Value $5,000 Improvement Value $26,000 Tax Amount $846 Change Rate +0.000047% Assessed CR Tax Rate +0.02729%
Year 2019 Assessed Value $31,000 Land Value $5,000 Improvement Value $26,000 Tax Amount $845.96 Change Rate +0.0357% Assessed CR Tax Rate +0.027289%
Year 2018 Assessed Value $30,400 Land Value $5,000 Improvement Value $25,400 Tax Amount $816.8 Change Rate +1.728123% Assessed CR Tax Rate +0.026868%
Year 2017 Assessed Value $29,700 Land Value $5,000 Improvement Value $24,700 Tax Amount $299.4 Change Rate +0.398412% Assessed CR Tax Rate +0.010081%
Year 2016 Assessed Value $30,400 Land Value $5,000 Improvement Value $25,400 Tax Amount $214.1 Change Rate +0.191298% Assessed CR Tax Rate +0.007043%
Year 2014 Assessed Value $29,500 Land Value $5,000 Improvement Value $24,500 Tax Amount $179.72 Change Rate -0.106582% Assessed CR Tax Rate +0.006092%
Year 2013 Assessed Value $28,800 Land Value $5,000 Improvement Value $23,800 Tax Amount $201.16 Change Rate Assessed CR Tax Rate +0.006985%