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3181 Cherry Lake Rd; Indianapolis, IN Property Details

3181 Cherry Lake Rd, Indianapolis, IN is a Single Family that was built in 1986. This property is currently Financed and is not for sale. Our records show that 3181 Cherry Lake Rd has 3 bedrooms, and 1 bathroom, and a total of 1,296 square feet. The lot size of 3181 Cherry Lake Rd is 13,373 square feet.

For Rent
3181 Cherry Lake Rd Indianapolis, IN 46235
$198,600 Estimated Value
3 Beds
1 Baths
1,296 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1986
  • Purchase Price: $168,800
  • Open Loans / Balance: 1 / $123,912
  • Est. Equity / %: $78,088 / 38.66%
  • Gross Yield: 10.574%
  • APN: 49-08-22-129-005.000-700
  • Situs County: Marion
  • Length Of Ownership: 4 years, 5 months

Rooms

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

Structure

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

Measurements

  • Total: 1,296/SqFt
  • Lot: 13,373/SqFt
  • Gross: 1,736/SqFt
  • Garage: 440/SqFt
  • Living: 1,296/SqFt
  • Building: 1,736/SqFt
  • Ground: 1,296/SqFt
  • Price Per Square Foot: $130.25

Legal Description

  • Description: CHERRY LAKE SEC 2 LOT 45
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Warren Township Metropolitan School District
  • Lat / Lon: 39.815037 / -85.96276
  • Subdivision: Cherry Lake Sec 2
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 9715
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

3181 Cherry Lake Rd has no associated ownership info
3181 Cherry Lake Rd has no associated ownership info.

Taxes

3181 Cherry Lake Rd has 10 associated Taxes items

3181 Cherry Lake Rd, 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 $198,600. The APN we've located for 3181 Cherry Lake Rd is 49-08-22-129-005.000-700.

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Taxes
  • Assessed Value:  $198,600
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-08-22-129-005.000-700
  • Assessed Land Value:  22600
  • Market Land Value:  22600
  • Tax Amount:  4429.8
  • Tax Year:  2024
  • Market Value:  198600
  • Market Year:  2025

Tax History

3181 Cherry Lake Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $198,600 Land Value $22,600 Improvement Value $176,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,429.8 Change Rate +0.102193% Assessed CR Tax Rate
Year 2023 Assessed Value $170,900 Land Value $22,600 Improvement Value $148,300 Tax Amount $4,019.08 Change Rate +0.25926% Assessed CR Tax Rate +0.023517%
Year 2022 Assessed Value $141,100 Land Value $22,600 Improvement Value $118,500 Tax Amount $3,191.62 Change Rate +0.103412% Assessed CR Tax Rate +0.02262%
Year 2021 Assessed Value $127,300 Land Value $22,600 Improvement Value $104,700 Tax Amount $2,892.5 Change Rate +0.159635% Assessed CR Tax Rate +0.022722%
Year 2020 Assessed Value $113,200 Land Value $17,100 Improvement Value $96,100 Tax Amount $2,494.32 Change Rate +0.023126% Assessed CR Tax Rate +0.022035%
Year 2019 Assessed Value $110,600 Land Value $17,100 Improvement Value $93,500 Tax Amount $2,437.94 Change Rate +0.06398% Assessed CR Tax Rate +0.022043%
Year 2018 Assessed Value $100,400 Land Value $17,100 Improvement Value $83,300 Tax Amount $2,291.34 Change Rate +0.186608% Assessed CR Tax Rate +0.022822%
Year 2017 Assessed Value $92,700 Land Value $17,100 Improvement Value $75,600 Tax Amount $1,931 Change Rate +0.180318% Assessed CR Tax Rate +0.020831%
Year 2016 Assessed Value $85,200 Land Value $17,100 Improvement Value $68,100 Tax Amount $1,636 Change Rate +0.176978% Assessed CR Tax Rate +0.019202%
Year 2014 Assessed Value $69,500 Land Value $17,100 Improvement Value $52,400 Tax Amount $1,390 Change Rate +1.581052% Assessed CR Tax Rate +0.02%
Year 2013 Assessed Value $75,400 Land Value $17,100 Improvement Value $58,300 Tax Amount $538.54 Change Rate Assessed CR Tax Rate +0.007142%