- Assessed Value: $282,800
- Assessed Year: 2025
- Assessed County: Marion
- APN: 49-11-36-120-003.000-574
- Assessed Land Value: 48800
- Market Land Value: 48800
- Tax Amount: 7977.26
- Tax Year: 2025
- Market Value: 282800
- Market Year: 2025
501 E Markwood Ave; Indianapolis, IN Property Details
On Market for 130 days
501 E Markwood Ave Indianapolis, IN 46227
$449,000 Listing Price
3 Beds
1 Baths
4,188 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1936
- Purchase Price: $135,300
- APN: 49-11-36-120-003.000-574
- Situs County: Marion
- Length Of Ownership: 7 years, 2 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 7
Structure
- Building Style: Masonry
- Stories: 1.5
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 4,188/SqFt
- Lot: 11,100/SqFt
- Gross: 4,188/SqFt
- Living: 3,726/SqFt
- Basement: 462/SqFt
- Building: 4,188/SqFt
- Ground: 3,726/SqFt
- Price Per Square Foot: $32.31
Legal Description
- Description: HOMEDELL 75FT N END L58 & L59 EX HWY
Building Insights
Land Information
- Property Type: Commercial Office
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Perry Township Metropolitan School District
- Lat / Lon: 39.703297 / -86.14839
- Subdivision: Homedell 75ft N End
- Property Class: Office
- County Use Code: 447
Amenities
- Plus Four: 1532
- Bathroom Fixtures: 8
- Cooling: Central
- Fireplaces: 1
- Heating: Central
Ownership Info
501 E Markwood Ave has no associated ownership info
501 E Markwood Ave has no associated ownership info.
Taxes
501 E Markwood Ave has 10 associated Taxes items
501 E Markwood Ave, 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 $282,800. The APN we've located for 501 E Markwood Ave is 49-11-36-120-003.000-574.
Unlock the full reportTaxes
Tax History
501 E Markwood Ave 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 $282,800 | Land Value $48,800 | Improvement Value $234,000 | Tax Amount $7,977.26 | Change Rate +0.363028% | Assessed CR | Tax Rate +0.028208% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $5,852.6 | Change Rate -0.01885% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $209,500 | Land Value $48,800 | Improvement Value $160,700 | Tax Amount $5,965.04 | Change Rate +0.104895% | Assessed CR | Tax Rate +0.028473% |
| Year 2022 | Assessed Value $188,800 | Land Value $48,800 | Improvement Value $140,000 | Tax Amount $5,398.74 | Change Rate -0.003621% | Assessed CR | Tax Rate +0.028595% |
| Year 2021 | Assessed Value $173,100 | Land Value $44,400 | Improvement Value $128,700 | Tax Amount $5,418.36 | Change Rate +0.019309% | Assessed CR | Tax Rate +0.031302% |
| Year 2020 | Assessed Value $173,100 | Land Value $44,400 | Improvement Value $128,700 | Tax Amount $5,315.72 | Change Rate +0.032652% | Assessed CR | Tax Rate +0.030709% |
| Year 2019 | Assessed Value $167,300 | Land Value $44,400 | Improvement Value $122,900 | Tax Amount $5,147.64 | Change Rate -0.036506% | Assessed CR | Tax Rate +0.030769% |
| Year 2018 | Assessed Value $167,300 | Land Value $44,400 | Improvement Value $122,900 | Tax Amount $5,342.68 | Change Rate +0.007654% | Assessed CR | Tax Rate +0.031935% |
| Year 2017 | Assessed Value $165,700 | Land Value $44,400 | Improvement Value $121,300 | Tax Amount $5,302.1 | Change Rate +0.062771% | Assessed CR | Tax Rate +0.031998% |
| Year 2016 | Assessed Value $162,200 | Land Value $44,400 | Improvement Value $117,800 | Tax Amount $4,988.94 | Change Rate -0.008238% | Assessed CR | Tax Rate +0.030758% |
| Year 2014 | Assessed Value $171,200 | Land Value $44,400 | Improvement Value $126,800 | Tax Amount $5,030.38 | Change Rate -0.112698% | Assessed CR | Tax Rate +0.029383% |
| Year 2013 | Assessed Value $171,200 | Land Value $44,400 | Improvement Value $126,800 | Tax Amount $5,669.3 | Change Rate | Assessed CR | Tax Rate +0.033115% |