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331 E 51st St; Indianapolis, IN Property Details

331 E 51st St, Indianapolis, IN is a Duplex 2 Units that was built in 1923. This property is currently Financed and is not for sale. Our records show that 331 E 51st St has 3 bedrooms, and 1 bathroom, and a total of 1,448 square feet. The lot size of 331 E 51st St is 7,187 square feet.

Off market
331 E 51st St Indianapolis, IN 46205
$264,375 Listing Price
3 Beds
1 Baths
1,448 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1923
  • Purchase Price: $419,375
  • Open Loans / Balance: 1 / $321,547
  • Est. Equity / %: $186,453 / 36.7%
  • APN: 49-06-12-110-038.000-801
  • Situs County: Marion
  • Length Of Ownership: 3 years, 2 months

Rooms

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

Structure

  • Building Style: Other
  • Stories: 2
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,448/SqFt
  • Lot: 7,187/SqFt
  • Gross: 2,123/SqFt
  • Living: 1,448/SqFt
  • Basement: 675/SqFt
  • Building: 2,123/SqFt
  • Ground: 1,448/SqFt
  • Price Per Square Foot: $289.62

Legal Description

  • Description: CENTRAL AVENUE HEIGHTS L18 EX 20.07 E SIDE
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.844727 / -86.15109
  • Subdivision: Central Avenue Heights
  • Property Class: Residential
  • County Use Code: 520

Amenities

  • Plus Four: 1020
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Hot Water

HOA

  • H O A One Type: Condo  Owner Association

Ownership Info

331 E 51st St has no associated ownership info
331 E 51st St has no associated ownership info.

Taxes

331 E 51st St has 10 associated Taxes items

331 E 51st 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 $471,800. The APN we've located for 331 E 51st St is 49-06-12-110-038.000-801.

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Taxes
  • Assessed Value:  $471,800
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-06-12-110-038.000-801
  • Assessed Land Value:  50800
  • Market Land Value:  50800
  • Tax Amount:  7120.96
  • Tax Year:  2024
  • Market Value:  471800
  • Market Year:  2025

Tax History

331 E 51st St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $471,800 Land Value $50,800 Improvement Value $421,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $7,120.96 Change Rate +0.275783% Assessed CR Tax Rate
Year 2023 Assessed Value $325,000 Land Value $50,800 Improvement Value $274,200 Tax Amount $5,581.64 Change Rate -0.281124% Assessed CR Tax Rate +0.017174%
Year 2022 Assessed Value $310,000 Land Value $50,800 Improvement Value $259,200 Tax Amount $7,764.4 Change Rate +0.083999% Assessed CR Tax Rate +0.025046%
Year 2021 Assessed Value $305,100 Land Value $38,900 Improvement Value $266,200 Tax Amount $7,162.74 Change Rate +0.045359% Assessed CR Tax Rate +0.023477%
Year 2020 Assessed Value $296,300 Land Value $38,900 Improvement Value $257,400 Tax Amount $6,851.94 Change Rate +0.735371% Assessed CR Tax Rate +0.023125%
Year 2019 Assessed Value $238,300 Land Value $38,900 Improvement Value $199,400 Tax Amount $3,948.4 Change Rate +0.021483% Assessed CR Tax Rate +0.016569%
Year 2018 Assessed Value $224,900 Land Value $38,900 Improvement Value $186,000 Tax Amount $3,865.36 Change Rate +0.090573% Assessed CR Tax Rate +0.017187%
Year 2017 Assessed Value $228,700 Land Value $38,900 Improvement Value $189,800 Tax Amount $3,544.34 Change Rate -0.123035% Assessed CR Tax Rate +0.015498%
Year 2016 Assessed Value $189,700 Land Value $38,900 Improvement Value $150,800 Tax Amount $4,041.6 Change Rate +0.555119% Assessed CR Tax Rate +0.021305%
Year 2014 Assessed Value $431,700 Land Value $38,900 Improvement Value $392,800 Tax Amount $2,598.9 Change Rate -0.022242% Assessed CR Tax Rate +0.00602%
Year 2013 Assessed Value $404,300 Land Value $38,900 Improvement Value $365,400 Tax Amount $2,658.02 Change Rate Assessed CR Tax Rate +0.006574%