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3438 N Faculty Dr; Indianapolis, IN Property Details

3438 N Faculty Dr, Indianapolis, IN is a Single Family that was built in 1961. This property is currently a cash purchase and is not for sale. Our records show that 3438 N Faculty Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,176 square feet. The lot size of 3438 N Faculty Dr is 13,373 square feet.

Off market
3438 N Faculty Dr Indianapolis, IN 46224
$145,700 Estimated Value
3 Beds
1.5 Baths
1,176 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1961
  • Est. Equity / %: $217,000 / 100%
  • Gross Yield: 8.328%
  • APN: 49-05-24-118-034.000-901
  • Situs County: Marion
  • Length Of Ownership: 16 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,176/SqFt
  • Lot: 13,373/SqFt
  • Gross: 1,440/SqFt
  • Garage: 264/SqFt
  • Living: 1,176/SqFt
  • Building: 1,440/SqFt
  • Ground: 1,176/SqFt

Legal Description

  • Description: HOMEWOOD PARK W 1ST SEC L58
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.817513 / -86.266624
  • Subdivision: Homewood Park W 1st Sec
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 1221
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One: $200
  • H O A Amount: $200
  • H O A One Frequency: Monthly
  • H O A One Name: Property Associates Llc
  • H O A One Type: Home Owner Association

Ownership Info

3438 N Faculty Dr has no associated ownership info
3438 N Faculty Dr has no associated ownership info.

Taxes

3438 N Faculty Dr has 10 associated Taxes items

3438 N Faculty Dr, 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 $145,700. The APN we've located for 3438 N Faculty Dr is 49-05-24-118-034.000-901.

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Taxes
  • Assessed Value:  $145,700
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-05-24-118-034.000-901
  • Assessed Land Value:  8800
  • Market Land Value:  8800
  • Tax Amount:  3106.24
  • Tax Year:  2024
  • Market Value:  145700
  • Market Year:  2025

Tax History

3438 N Faculty Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $145,700 Land Value $8,800 Improvement Value $136,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,106.24 Change Rate -0.064617% Assessed CR Tax Rate
Year 2023 Assessed Value $135,500 Land Value $8,800 Improvement Value $126,700 Tax Amount $3,320.82 Change Rate +0.089801% Assessed CR Tax Rate +0.024508%
Year 2022 Assessed Value $125,100 Land Value $8,800 Improvement Value $116,300 Tax Amount $3,047.18 Change Rate +0.270929% Assessed CR Tax Rate +0.024358%
Year 2021 Assessed Value $99,900 Land Value $8,800 Improvement Value $91,100 Tax Amount $2,397.6 Change Rate +0.206473% Assessed CR Tax Rate +0.024%
Year 2020 Assessed Value $86,200 Land Value $8,800 Improvement Value $77,400 Tax Amount $1,987.28 Change Rate +0.020741% Assessed CR Tax Rate +0.023054%
Year 2019 Assessed Value $82,900 Land Value $8,800 Improvement Value $74,100 Tax Amount $1,946.9 Change Rate +0.075148% Assessed CR Tax Rate +0.023485%
Year 2018 Assessed Value $72,500 Land Value $8,800 Improvement Value $63,700 Tax Amount $1,810.82 Change Rate +0.260543% Assessed CR Tax Rate +0.024977%
Year 2017 Assessed Value $63,500 Land Value $8,800 Improvement Value $54,700 Tax Amount $1,436.54 Change Rate +0.103147% Assessed CR Tax Rate +0.022623%
Year 2016 Assessed Value $61,500 Land Value $8,800 Improvement Value $52,700 Tax Amount $1,302.22 Change Rate -0.07729% Assessed CR Tax Rate +0.021174%
Year 2014 Assessed Value $65,500 Land Value $8,800 Improvement Value $56,700 Tax Amount $1,411.3 Change Rate +2.0043% Assessed CR Tax Rate +0.021547%
Year 2013 Assessed Value $65,500 Land Value $8,800 Improvement Value $56,700 Tax Amount $469.76 Change Rate Assessed CR Tax Rate +0.007172%