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408 E 51st St; Indianapolis, IN Property Details

408 E 51st St, Indianapolis, IN is a Single Family that was built in 1925. This property is currently Financed and is not for sale. Our records show that 408 E 51st St has 4 bedrooms, and 2 bathrooms, and a total of 2,975 square feet. The lot size of 408 E 51st St is 5,445 square feet.

Off market
408 E 51st St Indianapolis, IN 46205
$545,000 Listing Price
4 Beds
2 Baths
2,975 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1925
  • Purchase Price: $545,000
  • Open Loans / Balance: 1 / $509,500
  • Est. Equity / %: $66,500 / 11.55%
  • Gross Yield: 9.535%
  • APN: 49-06-12-110-027.000-801
  • Situs County: Marion
  • Length Of Ownership: 2 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes
  • Attic: true

Measurements

  • Total: 2,975/SqFt
  • Lot: 5,445/SqFt
  • Attic: 2,262/SqFt
  • Gross: 3,690/SqFt
  • Garage: 470/SqFt
  • Living: 2,975/SqFt
  • Basement: 1,131/SqFt
  • Building: 3,690/SqFt
  • Ground: 1,428/SqFt
  • Attic Finished: 1,131/SqFt
  • Basement Finished: 416/SqFt
  • Basement Unfinished: 715/SqFt
  • Price Per Square Foot: $183.19

Legal Description

  • Description: CENTRAL AVENUE HEIGHTS 27.57 W SIDE L12 15 ESIDE L13
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 / -86.15091
  • Subdivision: Central Avenue Heights 27.57 W Side
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 1023
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

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

Taxes

408 E 51st St has 10 associated Taxes items

408 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 $586,500. The APN we've located for 408 E 51st St is 49-06-12-110-027.000-801.

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Taxes
  • Assessed Value:  $586,500
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-06-12-110-027.000-801
  • Assessed Land Value:  60200
  • Market Land Value:  60200
  • Tax Amount:  6881.36
  • Tax Year:  2025
  • Market Value:  586500
  • Market Year:  2025

Tax History

408 E 51st St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $586,500 Land Value $60,200 Improvement Value $526,300 Tax Amount $6,881.36 Change Rate +0.018094% Assessed CR Tax Rate +0.011733%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,759.06 Change Rate +0.357203% Assessed CR Tax Rate
Year 2023 Assessed Value $407,200 Land Value $60,200 Improvement Value $347,000 Tax Amount $4,980.14 Change Rate -0.017848% Assessed CR Tax Rate +0.01223%
Year 2022 Assessed Value $435,400 Land Value $60,200 Improvement Value $375,200 Tax Amount $5,070.64 Change Rate +0.179778% Assessed CR Tax Rate +0.011646%
Year 2021 Assessed Value $358,100 Land Value $36,000 Improvement Value $322,100 Tax Amount $4,297.96 Change Rate +0.159161% Assessed CR Tax Rate +0.012002%
Year 2020 Assessed Value $316,100 Land Value $36,000 Improvement Value $280,100 Tax Amount $3,707.82 Change Rate -0.001761% Assessed CR Tax Rate +0.01173%
Year 2019 Assessed Value $310,300 Land Value $36,000 Improvement Value $274,300 Tax Amount $3,714.36 Change Rate -0.005606% Assessed CR Tax Rate +0.01197%
Year 2018 Assessed Value $301,500 Land Value $36,000 Improvement Value $265,500 Tax Amount $3,735.3 Change Rate +0.219284% Assessed CR Tax Rate +0.012389%
Year 2017 Assessed Value $278,800 Land Value $36,000 Improvement Value $242,800 Tax Amount $3,063.52 Change Rate +0.030877% Assessed CR Tax Rate +0.010988%
Year 2016 Assessed Value $274,100 Land Value $36,000 Improvement Value $238,100 Tax Amount $2,971.76 Change Rate +0.094047% Assessed CR Tax Rate +0.010842%
Year 2014 Assessed Value $251,200 Land Value $36,000 Improvement Value $215,200 Tax Amount $2,716.3 Change Rate +0.007926% Assessed CR Tax Rate +0.010813%
Year 2013 Assessed Value $259,200 Land Value $36,000 Improvement Value $223,200 Tax Amount $2,694.94 Change Rate Assessed CR Tax Rate +0.010397%