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523 E Merrill St; Indianapolis, IN Property Details

523 E Merrill St, Indianapolis, IN is a Single Family that was built in 1926. This property is currently a cash purchase and is not for sale. Our records show that 523 E Merrill St has 4 bedrooms, and 1 bathroom, and a total of 1,597 square feet. The lot size of 523 E Merrill St is 4,312 square feet.

Off market
523 E Merrill St Indianapolis, IN 46203
$433,400 Estimated Value
4 Beds
1 Baths
1,597 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1926
  • Est. Equity / %: $348,000 / 100%
  • Gross Yield: 11.028%
  • APN: 49-11-12-218-015.000-101
  • Situs County: Marion
  • Length Of Ownership: 21 years

Rooms

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

Structure

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

Measurements

  • Total: 1,597/SqFt
  • Lot: 4,312/SqFt
  • Gross: 2,395/SqFt
  • Garage: 648/SqFt
  • Living: 1,597/SqFt
  • Basement: 798/SqFt
  • Building: 2,395/SqFt
  • Ground: 1,597/SqFt

Legal Description

  • Description: COFFMANS SUB EX 3FT W SIDE L30 OL101 &7FT E OF & ADJ
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.758575 / -86.14868
  • Subdivision: Coffmans Sub Ex 3ft W Side
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 1725
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 4

Ownership Info

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

Taxes

523 E Merrill St has 10 associated Taxes items

523 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 $433,400. The APN we've located for 523 E Merrill St is 49-11-12-218-015.000-101.

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Taxes
  • Assessed Value:  $433,400
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-12-218-015.000-101
  • Assessed Land Value:  50100
  • Market Land Value:  50100
  • Tax Amount:  5233.72
  • Tax Year:  2024
  • Market Value:  433400
  • Market Year:  2025

Tax History

523 E Merrill St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $433,400 Land Value $50,100 Improvement Value $383,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,233.72 Change Rate -0.030236% Assessed CR Tax Rate
Year 2023 Assessed Value $364,900 Land Value $50,100 Improvement Value $314,800 Tax Amount $5,396.9 Change Rate -0.135641% Assessed CR Tax Rate +0.01479%
Year 2022 Assessed Value $435,000 Land Value $50,100 Improvement Value $384,900 Tax Amount $6,243.82 Change Rate +0.109859% Assessed CR Tax Rate +0.014354%
Year 2021 Assessed Value $363,100 Land Value $23,000 Improvement Value $340,100 Tax Amount $5,625.78 Change Rate +0.111195% Assessed CR Tax Rate +0.015494%
Year 2020 Assessed Value $334,800 Land Value $23,000 Improvement Value $311,800 Tax Amount $5,062.82 Change Rate +0.010523% Assessed CR Tax Rate +0.015122%
Year 2019 Assessed Value $326,100 Land Value $23,000 Improvement Value $303,100 Tax Amount $5,010.1 Change Rate +0.014539% Assessed CR Tax Rate +0.015364%
Year 2018 Assessed Value $313,800 Land Value $23,000 Improvement Value $290,800 Tax Amount $4,938.3 Change Rate +0.167728% Assessed CR Tax Rate +0.015737%
Year 2017 Assessed Value $298,700 Land Value $23,000 Improvement Value $275,700 Tax Amount $4,228.98 Change Rate +0.114115% Assessed CR Tax Rate +0.014158%
Year 2016 Assessed Value $274,800 Land Value $23,000 Improvement Value $251,800 Tax Amount $3,795.82 Change Rate +0.000042% Assessed CR Tax Rate +0.013813%
Year 2014 Assessed Value $269,300 Land Value $23,000 Improvement Value $246,300 Tax Amount $3,795.66 Change Rate +0.111903% Assessed CR Tax Rate +0.014095%
Year 2013 Assessed Value $246,300 Land Value $23,000 Improvement Value $223,300 Tax Amount $3,413.66 Change Rate Assessed CR Tax Rate +0.01386%