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501 Schmitt Rd; Indianapolis, IN Property Details

501 Schmitt Rd, Indianapolis, IN is a Single Family that was built in 1998. This property is not for sale. Our records show that 501 Schmitt Rd has 1.5 bathrooms, and a total of 3,131 square feet. The lot size of 501 Schmitt Rd is 15,290 square feet.

Off market
501 Schmitt Rd Indianapolis, IN 46239
$472,900 Estimated Value
1.5 Baths
3,131 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1998
  • Est. Equity / %: $406,000 / 100%
  • Gross Yield: 8.146%
  • APN: 49-09-10-107-087.000-700
  • Situs County: Marion

Rooms

  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1
  • Building Condition: Average
  • Building Quality: A
  • Sewer Type: None
  • Water Source: None
  • Attic: true

Measurements

  • Total: 3,131/SqFt
  • Lot: 15,290/SqFt
  • Attic: 1,984/SqFt
  • Gross: 4,123/SqFt
  • Garage: 992/SqFt
  • Living: 3,131/SqFt
  • Building: 4,123/SqFt
  • Ground: 2,139/SqFt
  • Attic Finished: 992/SqFt

Legal Description

  • Description: SCHMITT FARMS SEC 2B L 77
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Warren Township Metropolitan School District
  • Lat / Lon: 39.762726 / -85.955025
  • Subdivision: Schmitt Farms Sec 2b
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 7809
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 3

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

501 Schmitt Rd has no associated ownership info
501 Schmitt Rd has no associated ownership info.

Taxes

501 Schmitt Rd has 10 associated Taxes items

501 Schmitt Rd, 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 $472,900. The APN we've located for 501 Schmitt Rd is 49-09-10-107-087.000-700.

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Taxes
  • Assessed Value:  $472,900
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-09-10-107-087.000-700
  • Assessed Land Value:  41900
  • Market Land Value:  41900
  • Tax Amount:  4505.6
  • Tax Year:  2024
  • Market Value:  472900
  • Market Year:  2025

Tax History

501 Schmitt Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $472,900 Land Value $41,900 Improvement Value $431,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,505.6 Change Rate +0.014843% Assessed CR Tax Rate
Year 2023 Assessed Value $371,400 Land Value $41,900 Improvement Value $329,500 Tax Amount $4,439.7 Change Rate +0.148545% Assessed CR Tax Rate +0.011954%
Year 2022 Assessed Value $335,300 Land Value $41,900 Improvement Value $293,400 Tax Amount $3,865.5 Change Rate +0.089217% Assessed CR Tax Rate +0.011528%
Year 2021 Assessed Value $306,900 Land Value $41,900 Improvement Value $265,000 Tax Amount $3,548.88 Change Rate +0.246954% Assessed CR Tax Rate +0.011564%
Year 2020 Assessed Value $256,500 Land Value $41,900 Improvement Value $214,600 Tax Amount $2,846.04 Change Rate +0.029101% Assessed CR Tax Rate +0.011096%
Year 2019 Assessed Value $249,300 Land Value $34,700 Improvement Value $214,600 Tax Amount $2,765.56 Change Rate -0.071199% Assessed CR Tax Rate +0.011093%
Year 2018 Assessed Value $256,900 Land Value $34,700 Improvement Value $222,200 Tax Amount $2,977.56 Change Rate +0.197731% Assessed CR Tax Rate +0.01159%
Year 2017 Assessed Value $236,400 Land Value $34,700 Improvement Value $201,700 Tax Amount $2,486 Change Rate +0.093228% Assessed CR Tax Rate +0.010516%
Year 2016 Assessed Value $229,600 Land Value $34,700 Improvement Value $194,900 Tax Amount $2,274 Change Rate -0.007853% Assessed CR Tax Rate +0.009904%
Year 2014 Assessed Value $229,200 Land Value $34,700 Improvement Value $194,500 Tax Amount $2,292 Change Rate +0.016859% Assessed CR Tax Rate +0.01%
Year 2013 Assessed Value $229,200 Land Value $34,700 Improvement Value $194,500 Tax Amount $2,254 Change Rate Assessed CR Tax Rate +0.009834%