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3501 N Faculty Dr; Indianapolis, IN Property Details

3501 N Faculty Dr, Indianapolis, IN is a Single Family that was built in 1962. This property is currently Financed and is not for sale. Our records show that 3501 N Faculty Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,157 square feet. The lot size of 3501 N Faculty Dr is 9,191 square feet.

Off market
3501 N Faculty Dr Indianapolis, IN 46224
$74,900 Listing Price
3 Beds
1.5 Baths
1,157 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1962
  • Purchase Price: $69,600
  • Open Loans / Balance: 1 / $53,835
  • Est. Equity / %: $135,165 / 71.52%
  • Gross Yield: 8.946%
  • APN: 49-05-24-118-065.000-901
  • Situs County: Marion
  • Length Of Ownership: 10 years, 9 months

Rooms

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

Structure

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

Measurements

  • Total: 1,157/SqFt
  • Lot: 9,191/SqFt
  • Gross: 1,421/SqFt
  • Garage: 264/SqFt
  • Living: 1,157/SqFt
  • Building: 1,421/SqFt
  • Ground: 1,157/SqFt
  • Price Per Square Foot: $60.16

Legal Description

  • Description: HOMEWOOD PARK W 1ST SEC L11
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.818344 / -86.26613
  • Subdivision: Homewood Park W 1st Sec
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 1270
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One: $246
  • H O A Amount: $246
  • H O A One Frequency: Monthly
  • H O A One Name: Property Associates Llc
  • H O A One Type: Home Owner Association

Ownership Info

3501 N Faculty Dr has no associated ownership info
3501 N Faculty Dr has no associated ownership info.

Taxes

3501 N Faculty Dr has 10 associated Taxes items

3501 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 $152,300. The APN we've located for 3501 N Faculty Dr is 49-05-24-118-065.000-901.

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Taxes
  • Assessed Value:  $152,300
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-05-24-118-065.000-901
  • Assessed Land Value:  7900
  • Market Land Value:  7900
  • Tax Amount:  1528.66
  • Tax Year:  2024
  • Market Value:  152300
  • Market Year:  2025

Tax History

3501 N Faculty Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $152,300 Land Value $7,900 Improvement Value $144,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,528.66 Change Rate -0.070859% Assessed CR Tax Rate
Year 2023 Assessed Value $143,000 Land Value $7,900 Improvement Value $135,100 Tax Amount $1,645.24 Change Rate +0.009313% Assessed CR Tax Rate +0.011505%
Year 2022 Assessed Value $131,900 Land Value $7,900 Improvement Value $124,000 Tax Amount $1,630.06 Change Rate +0.438508% Assessed CR Tax Rate +0.012358%
Year 2021 Assessed Value $104,600 Land Value $7,900 Improvement Value $96,700 Tax Amount $1,133.16 Change Rate +0.499563% Assessed CR Tax Rate +0.010833%
Year 2020 Assessed Value $90,100 Land Value $7,900 Improvement Value $82,200 Tax Amount $755.66 Change Rate +0.076776% Assessed CR Tax Rate +0.008387%
Year 2019 Assessed Value $86,600 Land Value $7,900 Improvement Value $78,700 Tax Amount $701.78 Change Rate +0.169049% Assessed CR Tax Rate +0.008104%
Year 2018 Assessed Value $75,500 Land Value $7,900 Improvement Value $67,600 Tax Amount $600.3 Change Rate +0.231031% Assessed CR Tax Rate +0.007951%
Year 2017 Assessed Value $69,300 Land Value $7,900 Improvement Value $61,400 Tax Amount $487.64 Change Rate +0.339818% Assessed CR Tax Rate +0.007037%
Year 2016 Assessed Value $67,000 Land Value $7,900 Improvement Value $59,100 Tax Amount $363.96 Change Rate -0.079421% Assessed CR Tax Rate +0.005432%
Year 2014 Assessed Value $66,200 Land Value $7,900 Improvement Value $58,300 Tax Amount $395.36 Change Rate -0.712239% Assessed CR Tax Rate +0.005972%
Year 2013 Assessed Value $66,200 Land Value $7,900 Improvement Value $58,300 Tax Amount $1,373.92 Change Rate Assessed CR Tax Rate +0.020754%