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3231 E 48th St; Indianapolis, IN Property Details

3231 E 48th 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 3231 E 48th St has 4 bedrooms, and 1.5 bathrooms, and a total of 1,265 square feet. The lot size of 3231 E 48th St is 22,651 square feet.

Off market
3231 E 48th St Indianapolis, IN 46205
$194,900 Listing Price
4 Beds
1.5 Baths
1,265 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $194,900
  • Open Loans / Balance: 1 / $158,703
  • Est. Equity / %: $149,297 / 48.47%
  • Gross Yield: 8.751%
  • APN: 49-07-08-129-021.000-800
  • Situs County: Marion
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,265/SqFt
  • Lot: 22,651/SqFt
  • Gross: 2,805/SqFt
  • Garage: 539/SqFt
  • Living: 1,265/SqFt
  • Basement: 1,001/SqFt
  • Building: 2,805/SqFt
  • Ground: 1,265/SqFt
  • Price Per Square Foot: $154.07

Legal Description

  • Description: PT SE1/4 S8T16R4 BEG 845.4N & 350.12E OF SWCOR; N243.5 E94 S243.5 W94 TO BEG (GEORGE WSTEINMEIERS SURVEY SEC 2 TR 7) 0.50AC
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Washington Township Metropolitan School District
  • Lat / Lon: 39.84292 / -86.111
  • Subdivision: George W Steinmeier 2nd Sec
  • Property Class: Residential
  • County Use Code: 511

Amenities

  • Plus Four: 1624
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

3231 E 48th St has no associated ownership info
3231 E 48th St has no associated ownership info.

Taxes

3231 E 48th St has 10 associated Taxes items

3231 E 48th 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 $235,300. The APN we've located for 3231 E 48th St is 49-07-08-129-021.000-800.

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Taxes
  • Assessed Value:  $235,300
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-07-08-129-021.000-800
  • Assessed Land Value:  31900
  • Market Land Value:  31900
  • Tax Amount:  2910.12
  • Tax Year:  2024
  • Market Value:  235300
  • Market Year:  2025

Tax History

3231 E 48th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $235,300 Land Value $31,900 Improvement Value $203,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,910.12 Change Rate -0.015261% Assessed CR Tax Rate
Year 2023 Assessed Value $233,300 Land Value $31,900 Improvement Value $201,400 Tax Amount $2,955.22 Change Rate -0.007363% Assessed CR Tax Rate +0.012667%
Year 2022 Assessed Value $214,200 Land Value $31,900 Improvement Value $182,300 Tax Amount $2,977.14 Change Rate +0.045968% Assessed CR Tax Rate +0.013899%
Year 2021 Assessed Value $204,600 Land Value $18,600 Improvement Value $186,000 Tax Amount $2,846.3 Change Rate +1.095148% Assessed CR Tax Rate +0.013912%
Year 2020 Assessed Value $153,300 Land Value $18,600 Improvement Value $134,700 Tax Amount $1,358.52 Change Rate +0.6015% Assessed CR Tax Rate +0.008862%
Year 2019 Assessed Value $123,600 Land Value $18,600 Improvement Value $105,000 Tax Amount $848.28 Change Rate +0.008512% Assessed CR Tax Rate +0.006863%
Year 2018 Assessed Value $113,600 Land Value $18,600 Improvement Value $95,000 Tax Amount $841.12 Change Rate +0.04755% Assessed CR Tax Rate +0.007404%
Year 2017 Assessed Value $112,000 Land Value $18,600 Improvement Value $93,400 Tax Amount $802.94 Change Rate +0.550556% Assessed CR Tax Rate +0.007169%
Year 2016 Assessed Value $110,100 Land Value $18,600 Improvement Value $91,500 Tax Amount $517.84 Change Rate +0.073155% Assessed CR Tax Rate +0.004703%
Year 2014 Assessed Value $105,900 Land Value $18,600 Improvement Value $87,300 Tax Amount $482.54 Change Rate -0.058679% Assessed CR Tax Rate +0.004557%
Year 2013 Assessed Value $105,900 Land Value $18,600 Improvement Value $87,300 Tax Amount $512.62 Change Rate Assessed CR Tax Rate +0.004841%