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516 E Markwood Ave; Indianapolis, IN Property Details

516 E Markwood Ave, Indianapolis, IN is a Single Family that was built in 1938. This property is currently Financed and is not for sale. Our records show that 516 E Markwood Ave has 4 bedrooms, and 1 bathroom, and a total of 2,038 square feet. The lot size of 516 E Markwood Ave is 17,468 square feet.

Off market
516 E Markwood Ave Indianapolis, IN 46227
$255,000 Listing Price
4 Beds
1 Baths
2,038 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1938
  • Purchase Price: $255,000
  • Open Loans / Balance: 1 / $232,976
  • Est. Equity / %: $46,024 / 16.5%
  • Gross Yield: 9.686%
  • APN: 49-11-36-120-039.000-574
  • Situs County: Marion
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Building Condition: Fair
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,038/SqFt
  • Lot: 17,468/SqFt
  • Gross: 3,278/SqFt
  • Garage: 360/SqFt
  • Living: 2,038/SqFt
  • Basement: 880/SqFt
  • Building: 3,278/SqFt
  • Ground: 2,038/SqFt
  • Price Per Square Foot: $125.12

Legal Description

  • Description: HOMEDELL ADD L63
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Perry Township Metropolitan School District
  • Lat / Lon: 39.70371 / -86.14777
  • Subdivision: Homedell Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 1533
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

516 E Markwood Ave has no associated ownership info
516 E Markwood Ave has no associated ownership info.

Taxes

516 E Markwood Ave has 10 associated Taxes items

516 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 $261,500. The APN we've located for 516 E Markwood Ave is 49-11-36-120-039.000-574.

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Taxes
  • Assessed Value:  $261,500
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-36-120-039.000-574
  • Assessed Land Value:  19200
  • Market Land Value:  19200
  • Tax Amount:  2865.4
  • Tax Year:  2024
  • Market Value:  261500
  • Market Year:  2025

Tax History

516 E Markwood Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $261,500 Land Value $19,200 Improvement Value $242,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,865.4 Change Rate +0.019919% Assessed CR Tax Rate
Year 2023 Assessed Value $216,200 Land Value $19,200 Improvement Value $197,000 Tax Amount $2,809.44 Change Rate +0.105591% Assessed CR Tax Rate +0.012995%
Year 2022 Assessed Value $192,100 Land Value $19,200 Improvement Value $172,900 Tax Amount $2,541.12 Change Rate +0.21458% Assessed CR Tax Rate +0.013228%
Year 2021 Assessed Value $156,100 Land Value $19,200 Improvement Value $136,900 Tax Amount $2,092.18 Change Rate -0.008943% Assessed CR Tax Rate +0.013403%
Year 2020 Assessed Value $163,900 Land Value $19,200 Improvement Value $144,700 Tax Amount $2,111.06 Change Rate +0.129973% Assessed CR Tax Rate +0.01288%
Year 2019 Assessed Value $147,100 Land Value $16,000 Improvement Value $131,100 Tax Amount $1,868.24 Change Rate +0.021633% Assessed CR Tax Rate +0.0127%
Year 2018 Assessed Value $138,700 Land Value $16,000 Improvement Value $122,700 Tax Amount $1,828.68 Change Rate +0.146422% Assessed CR Tax Rate +0.013184%
Year 2017 Assessed Value $125,800 Land Value $16,000 Improvement Value $109,800 Tax Amount $1,595.12 Change Rate -0.024212% Assessed CR Tax Rate +0.01268%
Year 2016 Assessed Value $122,300 Land Value $16,000 Improvement Value $106,300 Tax Amount $1,634.7 Change Rate +0.063261% Assessed CR Tax Rate +0.013366%
Year 2014 Assessed Value $133,300 Land Value $16,000 Improvement Value $117,300 Tax Amount $1,537.44 Change Rate +0.001864% Assessed CR Tax Rate +0.011534%
Year 2013 Assessed Value $133,300 Land Value $16,000 Improvement Value $117,300 Tax Amount $1,534.58 Change Rate Assessed CR Tax Rate +0.011512%