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516 E Miami St; Indianapolis, IN Property Details

516 E Miami St, Indianapolis, IN is a Condominium that was built in 2006. This property is currently Financed,New Construction and is not for sale. Our records show that 516 E Miami St has 2 bedrooms, and 2.5 bathrooms, and a total of 1,905 square feet. The lot size of 516 E Miami St is 768 square feet.

Off market
516 E Miami St Indianapolis, IN 46202
$480,600 Estimated Value
2 Beds
2.5 Baths
1,905 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2006
  • Purchase Price: $268,800
  • Est. Equity / %: $591,000 / 100%
  • Gross Yield: 8.743%
  • APN: 49-11-01-187-103.000-101
  • Situs County: Marion
  • Length Of Ownership: 16 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 1,905/SqFt
  • Lot: 768/SqFt
  • Gross: 2,381/SqFt
  • Garage: 476/SqFt
  • Living: 1,905/SqFt
  • Basement: 417/SqFt
  • Building: 2,381/SqFt
  • Ground: 1,488/SqFt
  • Basement Finished: 417/SqFt
  • Price Per Square Foot: $141.10

Legal Description

  • Description: DESOTO TOWNHOMES CONDOMINIUMS HPR UNIT 516 MIAMI STREET BUILDING VI
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.770496 / -86.1482
  • Subdivision: Desoto Townhomes Condominiums Hpr
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 550

Amenities

  • Plus Four: 3709
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $363
  • H O A Amount: $363
  • H O A One Frequency: Monthly
  • H O A One Name: Desoto Townhomes Condominiums Hpr
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Desoto Twnhms Condos
  • H O A Two Type: Condo Owner Association

Ownership Info

516 E Miami St has no associated ownership info
516 E Miami St has no associated ownership info.

Taxes

516 E Miami St has 10 associated Taxes items

516 E Miami 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 $480,600. The APN we've located for 516 E Miami St is 49-11-01-187-103.000-101.

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Taxes
  • Assessed Value:  $480,600
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-01-187-103.000-101
  • Assessed Land Value:  67200
  • Market Land Value:  67200
  • Tax Amount:  6054.96
  • Tax Year:  2024
  • Market Value:  480600
  • Market Year:  2025

Tax History

516 E Miami St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $480,600 Land Value $67,200 Improvement Value $413,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,054.96 Change Rate +0.12227% Assessed CR Tax Rate
Year 2023 Assessed Value $445,700 Land Value $67,200 Improvement Value $378,500 Tax Amount $5,395.28 Change Rate +0.009169% Assessed CR Tax Rate +0.012105%
Year 2022 Assessed Value $434,000 Land Value $67,200 Improvement Value $366,800 Tax Amount $5,346.26 Change Rate -0.028246% Assessed CR Tax Rate +0.012319%
Year 2021 Assessed Value $462,800 Land Value $67,200 Improvement Value $395,600 Tax Amount $5,501.66 Change Rate +0.031498% Assessed CR Tax Rate +0.011888%
Year 2020 Assessed Value $451,000 Land Value $67,200 Improvement Value $383,800 Tax Amount $5,333.66 Change Rate +0.006453% Assessed CR Tax Rate +0.011826%
Year 2019 Assessed Value $438,700 Land Value $67,200 Improvement Value $371,500 Tax Amount $5,299.46 Change Rate +0.126993% Assessed CR Tax Rate +0.01208%
Year 2018 Assessed Value $382,700 Land Value $67,200 Improvement Value $315,500 Tax Amount $4,702.3 Change Rate +0.139189% Assessed CR Tax Rate +0.012287%
Year 2017 Assessed Value $381,500 Land Value $67,200 Improvement Value $314,300 Tax Amount $4,127.76 Change Rate +0.033827% Assessed CR Tax Rate +0.01082%
Year 2016 Assessed Value $385,000 Land Value $67,200 Improvement Value $317,800 Tax Amount $3,992.7 Change Rate +0.175755% Assessed CR Tax Rate +0.010371%
Year 2014 Assessed Value $312,900 Land Value $67,200 Improvement Value $245,700 Tax Amount $3,395.86 Change Rate +0.042199% Assessed CR Tax Rate +0.010853%
Year 2013 Assessed Value $312,900 Land Value $67,200 Improvement Value $245,700 Tax Amount $3,258.36 Change Rate Assessed CR Tax Rate +0.010413%