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261 W Elbert St; Indianapolis, IN Property Details

261 W Elbert St, Indianapolis, IN is a Single Family that was built in 1956. This property is currently Financed and is not for sale. Our records show that 261 W Elbert St has 3 bedrooms, and 1 bathroom, and a total of 1,076 square feet. The lot size of 261 W Elbert St is 20,037 square feet.

Off market
261 W Elbert St Indianapolis, IN 46217
$108,000 Listing Price
3 Beds
1 Baths
1,076 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $86,000
  • Open Loans / Balance: 1 / $68,452
  • Est. Equity / %: $162,548 / 70.37%
  • Gross Yield: 9.621%
  • APN: 49-11-35-101-016.000-500
  • Situs County: Marion
  • Length Of Ownership: 14 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Stone
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: Yes

Measurements

  • Total: 1,076/SqFt
  • Lot: 20,037/SqFt
  • Gross: 2,712/SqFt
  • Garage: 560/SqFt
  • Living: 1,076/SqFt
  • Basement: 1,076/SqFt
  • Building: 2,712/SqFt
  • Ground: 1,076/SqFt
  • Price Per Square Foot: $79.93

Legal Description

  • Description: 98FT NL 210FT EL BEG 440 FT N & 2281FT W OF SE CORSE1/4 S35 T15 R3 .46AC
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Perry Township Metropolitan School District
  • Lat / Lon: 39.693947 / -86.1665
  • Property Class: Residential
  • County Use Code: 511

Amenities

  • Plus Four: 3417
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

261 W Elbert St has no associated ownership info
261 W Elbert St has no associated ownership info.

Taxes

261 W Elbert St has 10 associated Taxes items

261 W Elbert 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 $216,100. The APN we've located for 261 W Elbert St is 49-11-35-101-016.000-500.

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Taxes
  • Assessed Value:  $216,100
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-35-101-016.000-500
  • Assessed Land Value:  16700
  • Market Land Value:  16700
  • Tax Amount:  2172.28
  • Tax Year:  2024
  • Market Value:  216100
  • Market Year:  2025

Tax History

261 W Elbert St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $216,100 Land Value $16,700 Improvement Value $199,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,172.28 Change Rate -0.006276% Assessed CR Tax Rate
Year 2023 Assessed Value $174,400 Land Value $16,700 Improvement Value $157,700 Tax Amount $2,186 Change Rate +0.023054% Assessed CR Tax Rate +0.012534%
Year 2022 Assessed Value $163,000 Land Value $16,700 Improvement Value $146,300 Tax Amount $2,136.74 Change Rate +0.116677% Assessed CR Tax Rate +0.013109%
Year 2021 Assessed Value $144,500 Land Value $16,700 Improvement Value $127,800 Tax Amount $1,913.48 Change Rate +0.231658% Assessed CR Tax Rate +0.013242%
Year 2020 Assessed Value $124,400 Land Value $16,700 Improvement Value $107,700 Tax Amount $1,553.58 Change Rate +0.099304% Assessed CR Tax Rate +0.012489%
Year 2019 Assessed Value $117,200 Land Value $16,700 Improvement Value $100,500 Tax Amount $1,413.24 Change Rate +0.048942% Assessed CR Tax Rate +0.012058%
Year 2018 Assessed Value $108,300 Land Value $16,700 Improvement Value $91,600 Tax Amount $1,347.3 Change Rate +0.067574% Assessed CR Tax Rate +0.01244%
Year 2017 Assessed Value $104,300 Land Value $16,700 Improvement Value $87,600 Tax Amount $1,262.02 Change Rate +0.226191% Assessed CR Tax Rate +0.0121%
Year 2016 Assessed Value $100,000 Land Value $16,700 Improvement Value $83,300 Tax Amount $1,029.22 Change Rate -0.109348% Assessed CR Tax Rate +0.010292%
Year 2014 Assessed Value $107,900 Land Value $16,700 Improvement Value $91,200 Tax Amount $1,155.58 Change Rate +0.034039% Assessed CR Tax Rate +0.01071%
Year 2013 Assessed Value $106,300 Land Value $16,700 Improvement Value $89,600 Tax Amount $1,117.54 Change Rate Assessed CR Tax Rate +0.010513%