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515 E Merrill St; Indianapolis, IN Property Details

515 E Merrill St, Indianapolis, IN is a Triplex 3 Units that was built in 1910. This property is currently Financed and is not for sale. Our records show that 515 E Merrill St has 6 bedrooms, and 4 bathrooms, and a total of 3,528 square feet. The lot size of 515 E Merrill St is 5,009 square feet.

Off market
515 E Merrill St Indianapolis, IN 46203
$296,800 Estimated Value
6 Beds
4 Baths
3,528 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1910
  • Purchase Price: $156,300
  • Est. Equity / %: $451,000 / 100%
  • APN: 49-11-12-218-014.000-101
  • Situs County: Marion
  • Length Of Ownership: 18 years, 1 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 22

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 3,528/SqFt
  • Lot: 5,009/SqFt
  • Gross: 4,402/SqFt
  • Garage: 960/SqFt
  • Living: 3,528/SqFt
  • Basement: 874/SqFt
  • Building: 4,402/SqFt
  • Ground: 3,528/SqFt
  • Price Per Square Foot: $44.30

Legal Description

  • Description: COFFMANS SUB L31 & 3FT W SIDE L30 OL101
Building Insights

Land Information

  • Property Type: Triplex 3 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.75853 / -86.14884
  • Subdivision: Coffmans Sub
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 530

Amenities

  • Plus Four: 1725
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 3

Ownership Info

515 E Merrill St has no associated ownership info
515 E Merrill St has no associated ownership info.

Taxes

515 E Merrill St has 10 associated Taxes items

515 E Merrill 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 $296,800. The APN we've located for 515 E Merrill St is 49-11-12-218-014.000-101.

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Taxes
  • Assessed Value:  $296,800
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-12-218-014.000-101
  • Assessed Land Value:  55200
  • Market Land Value:  55200
  • Tax Amount:  7151.84
  • Tax Year:  2025
  • Market Value:  296800
  • Market Year:  2025

Tax History

515 E Merrill St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $296,800 Land Value $55,200 Improvement Value $241,600 Tax Amount $7,151.84 Change Rate +0.042491% Assessed CR Tax Rate +0.024096%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,860.34 Change Rate -0.033777% Assessed CR Tax Rate
Year 2023 Assessed Value $290,800 Land Value $55,200 Improvement Value $235,600 Tax Amount $7,100.16 Change Rate +0.116405% Assessed CR Tax Rate +0.024416%
Year 2022 Assessed Value $290,800 Land Value $55,200 Improvement Value $235,600 Tax Amount $6,359.84 Change Rate +0.151261% Assessed CR Tax Rate +0.02187%
Year 2021 Assessed Value $230,900 Land Value $25,300 Improvement Value $205,600 Tax Amount $5,524.24 Change Rate +0.056026% Assessed CR Tax Rate +0.023925%
Year 2020 Assessed Value $225,900 Land Value $25,300 Improvement Value $200,600 Tax Amount $5,231.16 Change Rate +0.003553% Assessed CR Tax Rate +0.023157%
Year 2019 Assessed Value $220,800 Land Value $25,300 Improvement Value $195,500 Tax Amount $5,212.64 Change Rate +0.031663% Assessed CR Tax Rate +0.023608%
Year 2018 Assessed Value $204,100 Land Value $25,300 Improvement Value $178,800 Tax Amount $5,052.66 Change Rate +0.166799% Assessed CR Tax Rate +0.024756%
Year 2017 Assessed Value $195,100 Land Value $25,300 Improvement Value $169,800 Tax Amount $4,330.36 Change Rate +0.110167% Assessed CR Tax Rate +0.022196%
Year 2016 Assessed Value $186,100 Land Value $25,300 Improvement Value $160,800 Tax Amount $3,900.64 Change Rate +0.044041% Assessed CR Tax Rate +0.02096%
Year 2014 Assessed Value $172,800 Land Value $25,300 Improvement Value $147,500 Tax Amount $3,736.1 Change Rate +0.039972% Assessed CR Tax Rate +0.021621%
Year 2013 Assessed Value $172,800 Land Value $25,300 Improvement Value $147,500 Tax Amount $3,592.5 Change Rate Assessed CR Tax Rate +0.02079%