Taxes
- Assessed Value: $284,800
- Assessed Year: 2025
- Assessed County: Marion
- APN: 49-03-14-121-028.000-800
- Assessed Land Value: 31800
- Market Land Value: 31800
- Tax Amount: 2775.62
- Tax Year: 2024
- Market Value: 284800
- Market Year: 2025
40 E 87th St; Indianapolis, IN Property Details
Off market
40 E 87th St Indianapolis, IN 46240
$253,000 Listing Price
3 Beds
1.5 Baths
1,488 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1959
- Purchase Price: $247,500
- Open Loans / Balance: 1 / $177,089
- Est. Equity / %: $132,911 / 42.87%
- Gross Yield: 10.606%
- APN: 49-03-14-121-028.000-800
- Situs County: Marion
- Length Of Ownership: 5 years
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 8
- Partial Bathrooms: 1
Structure
- Building Style: Brick
- Stories: 1
- Building Condition: Average
- Building Quality: A
- Roof Cover Type: Asphalt
- Sewer Type: None
- Water Source: Yes
Measurements
- Total: 1,488/SqFt
- Lot: 11,456/SqFt
- Gross: 2,016/SqFt
- Garage: 528/SqFt
- Living: 1,488/SqFt
- Building: 2,016/SqFt
- Ground: 1,488/SqFt
- Price Per Square Foot: $166.33
Legal Description
- Description: NORTH MERIDIAN MANOR L29
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Washington Township Metropolitan School District
- Lat / Lon: 39.914474 / -86.15669
- Subdivision: North Meridian Manor
- Property Class: Residential
- County Use Code: 510
Amenities
- Plus Four: 1505
- Bathroom Fixtures: 7
- Cooling: Central
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Central
- Parking: 2
HOA
- H O A One Type: Planned Unit Development
Ownership Info
40 E 87th St has no associated ownership info
40 E 87th St has no associated ownership info.
Taxes
40 E 87th St has 10 associated Taxes items
40 E 87th 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 $284,800. The APN we've located for 40 E 87th St is 49-03-14-121-028.000-800.
Unlock the full reportTax History
40 E 87th St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $284,800 | Land Value $31,800 | Improvement Value $253,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,775.62 | Change Rate -0.002157% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $225,500 | Land Value $31,800 | Improvement Value $193,700 | Tax Amount $2,781.62 | Change Rate -0.012068% | Assessed CR | Tax Rate +0.012335% |
| Year 2022 | Assessed Value $214,200 | Land Value $31,800 | Improvement Value $182,400 | Tax Amount $2,815.6 | Change Rate +0.231542% | Assessed CR | Tax Rate +0.013145% |
| Year 2021 | Assessed Value $175,200 | Land Value $26,500 | Improvement Value $148,700 | Tax Amount $2,286.24 | Change Rate +0.148207% | Assessed CR | Tax Rate +0.013049% |
| Year 2020 | Assessed Value $170,100 | Land Value $26,500 | Improvement Value $143,600 | Tax Amount $1,991.14 | Change Rate +0.068415% | Assessed CR | Tax Rate +0.011706% |
| Year 2019 | Assessed Value $170,100 | Land Value $26,500 | Improvement Value $143,600 | Tax Amount $1,863.64 | Change Rate +0.038135% | Assessed CR | Tax Rate +0.010956% |
| Year 2018 | Assessed Value $160,900 | Land Value $26,500 | Improvement Value $134,400 | Tax Amount $1,795.18 | Change Rate +0.106633% | Assessed CR | Tax Rate +0.011157% |
| Year 2017 | Assessed Value $151,100 | Land Value $26,500 | Improvement Value $124,600 | Tax Amount $1,622.2 | Change Rate +0.283508% | Assessed CR | Tax Rate +0.010736% |
| Year 2016 | Assessed Value $149,100 | Land Value $26,500 | Improvement Value $122,600 | Tax Amount $1,263.88 | Change Rate -0.051369% | Assessed CR | Tax Rate +0.008477% |
| Year 2014 | Assessed Value $153,000 | Land Value $26,500 | Improvement Value $126,500 | Tax Amount $1,332.32 | Change Rate +0.064% | Assessed CR | Tax Rate +0.008708% |
| Year 2013 | Assessed Value $153,000 | Land Value $26,500 | Improvement Value $126,500 | Tax Amount $1,252.18 | Change Rate | Assessed CR | Tax Rate +0.008184% |