Taxes
- Assessed Value: $201,400
- Assessed Year: 2025
- Assessed County: Marion
- APN: 49-11-12-114-001.000-101
- Assessed Land Value: 42800
- Market Land Value: 42800
- Tax Amount: 2323.54
- Tax Year: 2024
- Market Value: 201400
- Market Year: 2025
518 E Merrill St; Indianapolis, IN Property Details
Off market
518 E Merrill St Indianapolis, IN 46203
$237,542 Listing Price
4 Beds
2,490 SqFt
Property Type
Triplex 3 UnitsProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1980
- Est. Equity / %: $311,000 / 100%
- APN: 49-11-12-114-001.000-101
- Situs County: Marion
- Length Of Ownership: 11 years
Rooms
- Bedrooms: 4
- Total Rooms: 10
Structure
- Building Style: Frame
- Stories: 2
- Building Condition: Average
- Building Quality: D
- Roof Cover Type: Asphalt
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 2,490/SqFt
- Lot: 3,528/SqFt
- Gross: 3,735/SqFt
- Living: 2,490/SqFt
- Basement: 1,245/SqFt
- Building: 3,735/SqFt
- Ground: 2,490/SqFt
Legal Description
- Description: DOWNEYS 2ND SUB L17 OL102
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: 39.758953 / -86.14873
- Subdivision: Downeys 2nd Sub
- Property Class: Residential
- Zoning: ZO01
- County Use Code: 530
Amenities
- Plus Four: 1724
- Cooling: None
- Heating: Central
Ownership Info
518 E Merrill St has no associated ownership info
518 E Merrill St has no associated ownership info.
Taxes
518 E Merrill St has 10 associated Taxes items
518 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 $201,400. The APN we've located for 518 E Merrill St is 49-11-12-114-001.000-101.
Unlock the full reportTax History
518 E Merrill St 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 $201,400 | Land Value $42,800 | Improvement Value $158,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,323.54 | Change Rate -0.048455% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $197,500 | Land Value $42,800 | Improvement Value $154,700 | Tax Amount $2,441.86 | Change Rate +0.110734% | Assessed CR | Tax Rate +0.012364% |
| Year 2022 | Assessed Value $197,500 | Land Value $42,800 | Improvement Value $154,700 | Tax Amount $2,198.42 | Change Rate +0.141574% | Assessed CR | Tax Rate +0.011131% |
| Year 2021 | Assessed Value $157,900 | Land Value $22,100 | Improvement Value $135,800 | Tax Amount $1,925.78 | Change Rate +0.094044% | Assessed CR | Tax Rate +0.012196% |
| Year 2020 | Assessed Value $154,500 | Land Value $22,100 | Improvement Value $132,400 | Tax Amount $1,760.24 | Change Rate +0.005725% | Assessed CR | Tax Rate +0.011393% |
| Year 2019 | Assessed Value $151,200 | Land Value $22,100 | Improvement Value $129,100 | Tax Amount $1,750.22 | Change Rate +0.004108% | Assessed CR | Tax Rate +0.011576% |
| Year 2018 | Assessed Value $139,300 | Land Value $22,100 | Improvement Value $117,200 | Tax Amount $1,743.06 | Change Rate +0.143845% | Assessed CR | Tax Rate +0.012513% |
| Year 2017 | Assessed Value $133,100 | Land Value $22,100 | Improvement Value $111,000 | Tax Amount $1,523.86 | Change Rate +0.913339% | Assessed CR | Tax Rate +0.011449% |
| Year 2016 | Assessed Value $127,200 | Land Value $22,100 | Improvement Value $105,100 | Tax Amount $796.44 | Change Rate -0.589337% | Assessed CR | Tax Rate +0.006261% |
| Year 2014 | Assessed Value $89,700 | Land Value $22,100 | Improvement Value $67,600 | Tax Amount $1,939.4 | Change Rate -0.037757% | Assessed CR | Tax Rate +0.021621% |
| Year 2013 | Assessed Value $89,700 | Land Value $22,100 | Improvement Value $67,600 | Tax Amount $2,015.5 | Change Rate | Assessed CR | Tax Rate +0.022469% |