- 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
406 E 51st St; Indianapolis, IN Property Details
Off market
406 E 51st St Indianapolis, IN 46205
$415,000 Listing Price
3 Beds
1.5 Baths
2,526 SqFt
Property Type
Single FamilyProperty 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.
Unlock the full reportTaxes
Tax History
406 E 51st 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 $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% |