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406 E 51st St; Indianapolis, IN Property Details

406 E 51st St, Indianapolis, IN is a Single Family that was built in 1920. This property is currently Financed and is not for sale. Our records show that 406 E 51st St has 3 bedrooms, and 1.5 bathrooms, and a total of 2,526 square feet. The lot size of 406 E 51st St is 5,097 square feet.

Off market
406 E 51st St Indianapolis, IN 46205
$415,000 Listing Price
3 Beds
1.5 Baths
2,526 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1920
  • Purchase Price: $410,000
  • Open Loans / Balance: 1 / $375,096
  • Est. Equity / %: $195,904 / 34.31%
  • Gross Yield: 6.649%
  • APN: 49-06-12-110-024.000-801
  • Situs County: Marion
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,526/SqFt
  • Lot: 5,097/SqFt
  • Attic: 1,224/SqFt
  • Gross: 4,470/SqFt
  • Garage: 576/SqFt
  • Living: 2,526/SqFt
  • Basement: 720/SqFt
  • Building: 4,470/SqFt
  • Ground: 2,526/SqFt
  • Price Per Square Foot: $162.31

Legal Description

  • Description: CENTRAL AVENUE HEIGHTS PT L13 BEG 15 W OF NE COR;40 NL X 126.8 WL
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: 39.845207 / -86.151054
  • Subdivision: Central Avenue Heights Pt
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 1023
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Hot Water
  • Parking: 2

Ownership Info

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

Taxes

406 E 51st St has 10 associated Taxes items

406 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 $431,300. The APN we've located for 406 E 51st St is 49-06-12-110-024.000-801.

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Taxes
  • Assessed Value:  $431,300
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-06-12-110-024.000-801
  • Assessed Land Value:  56000
  • Market Land Value:  56000
  • Tax Amount:  4888.92
  • Tax Year:  2025
  • Market Value:  431300
  • Market Year:  2025

Tax History

406 E 51st St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $431,300 Land Value $56,000 Improvement Value $375,300 Tax Amount $4,888.92 Change Rate +0.020575% Assessed CR Tax Rate +0.011335%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,790.36 Change Rate -0.031045% Assessed CR Tax Rate
Year 2023 Assessed Value $411,700 Land Value $56,000 Improvement Value $355,700 Tax Amount $4,943.84 Change Rate -0.022918% Assessed CR Tax Rate +0.012008%
Year 2022 Assessed Value $440,500 Land Value $56,000 Improvement Value $384,500 Tax Amount $5,059.8 Change Rate +0.157727% Assessed CR Tax Rate +0.011486%
Year 2021 Assessed Value $364,000 Land Value $33,500 Improvement Value $330,500 Tax Amount $4,370.46 Change Rate -0.026996% Assessed CR Tax Rate +0.012007%
Year 2020 Assessed Value $381,000 Land Value $33,500 Improvement Value $347,500 Tax Amount $4,491.72 Change Rate -0.001844% Assessed CR Tax Rate +0.011789%
Year 2019 Assessed Value $373,800 Land Value $33,500 Improvement Value $340,300 Tax Amount $4,500.02 Change Rate +0.021817% Assessed CR Tax Rate +0.012039%
Year 2018 Assessed Value $362,700 Land Value $33,500 Improvement Value $329,200 Tax Amount $4,403.94 Change Rate +0.206718% Assessed CR Tax Rate +0.012142%
Year 2017 Assessed Value $335,900 Land Value $33,500 Improvement Value $302,400 Tax Amount $3,649.52 Change Rate +0.030769% Assessed CR Tax Rate +0.010865%
Year 2016 Assessed Value $330,000 Land Value $33,500 Improvement Value $296,500 Tax Amount $3,540.58 Change Rate +0.091969% Assessed CR Tax Rate +0.010729%
Year 2014 Assessed Value $302,500 Land Value $33,500 Improvement Value $269,000 Tax Amount $3,242.38 Change Rate +0.002188% Assessed CR Tax Rate +0.010719%
Year 2013 Assessed Value $312,500 Land Value $33,500 Improvement Value $279,000 Tax Amount $3,235.3 Change Rate Assessed CR Tax Rate +0.010353%