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5227 Martha St; Indianapolis, IN Property Details

5227 Martha St, Indianapolis, IN is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 5227 Martha St has 3 bedrooms, and 1 bathroom, and a total of 1,104 square feet. The lot size of 5227 Martha St is 17,293 square feet.

Off market  •   Bankruptcy ✓
5227 Martha St Indianapolis, IN 46241
$170,000 Listing Price
3 Beds
1 Baths
1,104 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $136,000
  • Open Loans / Balance: 1 / $118,943
  • Est. Equity / %: $71,057 / 37.4%
  • Gross Yield: 8.248%
  • APN: 49-11-18-124-009.000-900
  • Situs County: Marion
  • Length Of Ownership: 6 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,104/SqFt
  • Lot: 17,293/SqFt
  • Gross: 1,104/SqFt
  • Garage: 640/SqFt
  • Living: 1,104/SqFt
  • Building: 1,104/SqFt
  • Ground: 1,104/SqFt
  • Price Per Square Foot: $123.19

Legal Description

  • Description: SOVEREIGN REALTY COMPANYS SUBDIVISION L201, L202 &L203 EX 4 E SIDE
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wayne Township Metropolitan School District
  • Lat / Lon: 39.745617 / -86.2489
  • Subdivision: Sovereign Realty Companys Subdivision
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 3932
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

5227 Martha St has no associated ownership info
5227 Martha St has no associated ownership info.

Taxes

5227 Martha St has 10 associated Taxes items

5227 Martha 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 $170,200. The APN we've located for 5227 Martha St is 49-11-18-124-009.000-900.

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Taxes
  • Assessed Value:  $170,200
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-18-124-009.000-900
  • Assessed Land Value:  11000
  • Market Land Value:  11000
  • Tax Amount:  1924.2
  • Tax Year:  2024
  • Market Value:  170200
  • Market Year:  2025

Tax History

5227 Martha St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $170,200 Land Value $11,000 Improvement Value $159,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,924.2 Change Rate +0.049045% Assessed CR Tax Rate
Year 2023 Assessed Value $149,600 Land Value $11,000 Improvement Value $138,600 Tax Amount $1,834.24 Change Rate +0.040279% Assessed CR Tax Rate +0.012261%
Year 2022 Assessed Value $142,900 Land Value $11,000 Improvement Value $131,900 Tax Amount $1,763.22 Change Rate +0.038752% Assessed CR Tax Rate +0.012339%
Year 2021 Assessed Value $124,000 Land Value $11,000 Improvement Value $113,000 Tax Amount $1,697.44 Change Rate +2.479929% Assessed CR Tax Rate +0.013689%
Year 2020 Assessed Value $53,800 Land Value $11,000 Improvement Value $42,800 Tax Amount $487.78 Change Rate -0.66512% Assessed CR Tax Rate +0.009067%
Year 2019 Assessed Value $53,800 Land Value $11,000 Improvement Value $42,800 Tax Amount $1,456.58 Change Rate +0.117781% Assessed CR Tax Rate +0.027074%
Year 2018 Assessed Value $50,600 Land Value $11,000 Improvement Value $39,600 Tax Amount $1,303.1 Change Rate +0.009623% Assessed CR Tax Rate +0.025753%
Year 2017 Assessed Value $50,200 Land Value $11,000 Improvement Value $39,200 Tax Amount $1,290.68 Change Rate +0.112463% Assessed CR Tax Rate +0.025711%
Year 2016 Assessed Value $50,200 Land Value $11,000 Improvement Value $39,200 Tax Amount $1,160.2 Change Rate +0.194875% Assessed CR Tax Rate +0.023112%
Year 2014 Assessed Value $48,400 Land Value $11,000 Improvement Value $37,400 Tax Amount $970.98 Change Rate +0.03408% Assessed CR Tax Rate +0.020062%
Year 2013 Assessed Value $48,400 Land Value $11,000 Improvement Value $37,400 Tax Amount $938.98 Change Rate Assessed CR Tax Rate +0.0194%