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50 E 87th St; Indianapolis, IN Property Details

50 E 87th St, Indianapolis, IN is a Single Family that was built in 1965. This property is currently Financed and is not for sale. Our records show that 50 E 87th St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,667 square feet. The lot size of 50 E 87th St is 11,456 square feet.

Off market
50 E 87th St Indianapolis, IN 46240
$240,000 Listing Price
3 Beds
1.5 Baths
1,667 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1965
  • Purchase Price: $240,000
  • Open Loans / Balance: 1 / $167,458
  • Est. Equity / %: $231,542 / 58.03%
  • Gross Yield: 8.217%
  • APN: 49-03-14-121-037.000-800
  • Situs County: Marion
  • Length Of Ownership: 6 years, 5 months

Rooms

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

Structure

  • Building Style: Masonry
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: Yes

Measurements

  • Total: 1,667/SqFt
  • Lot: 11,456/SqFt
  • Gross: 2,108/SqFt
  • Garage: 441/SqFt
  • Living: 1,667/SqFt
  • Building: 2,108/SqFt
  • Ground: 1,667/SqFt
  • Price Per Square Foot: $143.97

Legal Description

  • Description: NORTH MERIDIAN MANOR L12
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: 39.914497 / -86.15649
  • 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

50 E 87th St has no associated ownership info
50 E 87th St has no associated ownership info.

Taxes

50 E 87th St has 10 associated Taxes items

50 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 $231,100. The APN we've located for 50 E 87th St is 49-03-14-121-037.000-800.

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Taxes
  • Assessed Value:  $231,100
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-03-14-121-037.000-800
  • Assessed Land Value:  31800
  • Market Land Value:  31800
  • Tax Amount:  2128.24
  • Tax Year:  2024
  • Market Value:  231100
  • Market Year:  2025

Tax History

50 E 87th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $231,100 Land Value $31,800 Improvement Value $199,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,128.24 Change Rate -0.015606% Assessed CR Tax Rate
Year 2023 Assessed Value $184,100 Land Value $31,800 Improvement Value $152,300 Tax Amount $2,161.98 Change Rate +0.030103% Assessed CR Tax Rate +0.011744%
Year 2022 Assessed Value $175,200 Land Value $31,800 Improvement Value $143,400 Tax Amount $2,098.8 Change Rate +0.057735% Assessed CR Tax Rate +0.011979%
Year 2021 Assessed Value $157,700 Land Value $26,500 Improvement Value $131,200 Tax Amount $1,984.24 Change Rate +0.159127% Assessed CR Tax Rate +0.012582%
Year 2020 Assessed Value $153,200 Land Value $26,500 Improvement Value $126,700 Tax Amount $1,711.84 Change Rate +0.068418% Assessed CR Tax Rate +0.011174%
Year 2019 Assessed Value $153,200 Land Value $26,500 Improvement Value $126,700 Tax Amount $1,602.22 Change Rate +0.030751% Assessed CR Tax Rate +0.010458%
Year 2018 Assessed Value $145,000 Land Value $26,500 Improvement Value $118,500 Tax Amount $1,554.42 Change Rate +0.103459% Assessed CR Tax Rate +0.01072%
Year 2017 Assessed Value $136,800 Land Value $26,500 Improvement Value $110,300 Tax Amount $1,408.68 Change Rate +0.173646% Assessed CR Tax Rate +0.010297%
Year 2016 Assessed Value $135,000 Land Value $26,500 Improvement Value $108,500 Tax Amount $1,200.26 Change Rate +0.041983% Assessed CR Tax Rate +0.008891%
Year 2014 Assessed Value $139,000 Land Value $26,500 Improvement Value $112,500 Tax Amount $1,151.9 Change Rate +0.063109% Assessed CR Tax Rate +0.008287%
Year 2013 Assessed Value $139,000 Land Value $26,500 Improvement Value $112,500 Tax Amount $1,083.52 Change Rate Assessed CR Tax Rate +0.007795%