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531 Erber Ct; Indianapolis, IN Property Details

531 Erber Ct, Indianapolis, IN is a Single Family that was built in 1977. This property is currently a cash purchase and is not for sale. Our records show that 531 Erber Ct has 3 bedrooms, and 1 bathroom, and a total of 1,513 square feet. The lot size of 531 Erber Ct is 10,019 square feet.

Off market
531 Erber Ct Indianapolis, IN 46217
$240,900 Estimated Value
3 Beds
1 Baths
1,513 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1977
  • Open Loans / Balance: 1 / $48,981
  • Est. Equity / %: $211,019 / 81.16%
  • Gross Yield: 8.515%
  • APN: 49-14-02-118-047.000-500
  • Situs County: Marion
  • Length Of Ownership: 9 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 8

Structure

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

Measurements

  • Total: 1,513/SqFt
  • Lot: 10,019/SqFt
  • Gross: 2,013/SqFt
  • Garage: 500/SqFt
  • Living: 1,513/SqFt
  • Building: 2,013/SqFt
  • Ground: 1,513/SqFt

Legal Description

  • Description: RAHKEWOOD ADDITION L77
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: 39.680187 / -86.16972
  • Subdivision: Rahkewood Addition
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 3638
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

531 Erber Ct has no associated ownership info
531 Erber Ct has no associated ownership info.

Taxes

531 Erber Ct has 10 associated Taxes items

531 Erber Ct, 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 $240,900. The APN we've located for 531 Erber Ct is 49-14-02-118-047.000-500.

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Taxes
  • Assessed Value:  $240,900
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-14-02-118-047.000-500
  • Assessed Land Value:  27800
  • Market Land Value:  27800
  • Tax Amount:  2862.74
  • Tax Year:  2024
  • Market Value:  240900
  • Market Year:  2025

Tax History

531 Erber Ct has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $240,900 Land Value $27,800 Improvement Value $213,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,862.74 Change Rate +0.013697% Assessed CR Tax Rate
Year 2023 Assessed Value $216,800 Land Value $27,800 Improvement Value $189,000 Tax Amount $2,824.06 Change Rate +0.035311% Assessed CR Tax Rate +0.013026%
Year 2022 Assessed Value $193,100 Land Value $27,800 Improvement Value $165,300 Tax Amount $2,727.74 Change Rate +0.163334% Assessed CR Tax Rate +0.014126%
Year 2021 Assessed Value $175,600 Land Value $27,800 Improvement Value $147,800 Tax Amount $2,344.76 Change Rate +0.150396% Assessed CR Tax Rate +0.013353%
Year 2020 Assessed Value $160,000 Land Value $27,800 Improvement Value $132,200 Tax Amount $2,038.22 Change Rate +0.094276% Assessed CR Tax Rate +0.012739%
Year 2019 Assessed Value Land Value Improvement Value Tax Amount $1,862.62 Change Rate +0.116906% Assessed CR Tax Rate
Year 2018 Assessed Value $129,100 Land Value $21,400 Improvement Value $107,700 Tax Amount $1,667.66 Change Rate +0.006871% Assessed CR Tax Rate +0.012918%
Year 2017 Assessed Value $128,900 Land Value $21,400 Improvement Value $107,500 Tax Amount $1,656.28 Change Rate +0.102658% Assessed CR Tax Rate +0.012849%
Year 2016 Assessed Value $125,900 Land Value $21,400 Improvement Value $104,500 Tax Amount $1,502.08 Change Rate +0.101894% Assessed CR Tax Rate +0.011931%
Year 2014 Assessed Value $119,200 Land Value $21,400 Improvement Value $97,800 Tax Amount $1,363.18 Change Rate +0.075997% Assessed CR Tax Rate +0.011436%
Year 2013 Assessed Value $109,400 Land Value $21,400 Improvement Value $88,000 Tax Amount $1,266.9 Change Rate Assessed CR Tax Rate +0.01158%