- Assessed Value: $136,400
- Assessed Year: 2025
- Assessed County: Marion
- APN: 49-11-12-114-015.000-101
- Assessed Land Value: 42800
- Market Land Value: 42800
- Tax Amount: 1276.92
- Tax Year: 2024
- Market Value: 136400
- Market Year: 2025
538 E Merrill St; Indianapolis, IN Property Details
Off market
538 E Merrill St Indianapolis, IN 46203
$85,000 Listing Price
3 Beds
1,032 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1920
- Purchase Price: $117,000
- Open Loans / Balance: 1 / $82,562
- Est. Equity / %: $118,438 / 58.92%
- Gross Yield: 5.881%
- APN: 49-11-12-114-015.000-101
- Situs County: Marion
- Length Of Ownership: 8 years, 5 months
Rooms
- Bedrooms: 3
- Total Rooms: 6
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Fair
- Building Quality: D
- Roof Cover Type: Asphalt
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 1,032/SqFt
- Lot: 3,528/SqFt
- Gross: 2,064/SqFt
- Living: 1,032/SqFt
- Basement: 1,032/SqFt
- Building: 2,064/SqFt
- Ground: 1,032/SqFt
- Price Per Square Foot: $113.37
Legal Description
- Description: DOWNEYS 2ND SUB L22 OL102
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: 39.75888 / -86.148224
- Subdivision: Downeys 2nd Sub
- Property Class: Residential
- Zoning: ZO01
- County Use Code: 510
Amenities
- Plus Four: 1724
- Cooling: None
- Heating: Central
Ownership Info
538 E Merrill St has no associated ownership info
538 E Merrill St has no associated ownership info.
Taxes
538 E Merrill St has 10 associated Taxes items
538 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 $136,400. The APN we've located for 538 E Merrill St is 49-11-12-114-015.000-101.
Unlock the full reportTaxes
Tax History
538 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 $136,400 | Land Value $42,800 | Improvement Value $93,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,276.92 | Change Rate +0.026826% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $120,000 | Land Value $42,800 | Improvement Value $77,200 | Tax Amount $1,243.56 | Change Rate -0.070625% | Assessed CR | Tax Rate +0.010363% |
| Year 2022 | Assessed Value $137,200 | Land Value $42,800 | Improvement Value $94,400 | Tax Amount $1,338.06 | Change Rate +0.110147% | Assessed CR | Tax Rate +0.009753% |
| Year 2021 | Assessed Value $105,200 | Land Value $22,100 | Improvement Value $83,100 | Tax Amount $1,205.3 | Change Rate +0.201168% | Assessed CR | Tax Rate +0.011457% |
| Year 2020 | Assessed Value $98,300 | Land Value $22,100 | Improvement Value $76,200 | Tax Amount $1,003.44 | Change Rate +0.024378% | Assessed CR | Tax Rate +0.010208% |
| Year 2019 | Assessed Value $96,200 | Land Value $22,100 | Improvement Value $74,100 | Tax Amount $979.56 | Change Rate +0.049251% | Assessed CR | Tax Rate +0.010183% |
| Year 2018 | Assessed Value $89,200 | Land Value $22,100 | Improvement Value $67,100 | Tax Amount $933.58 | Change Rate -0.502144% | Assessed CR | Tax Rate +0.010466% |
| Year 2017 | Assessed Value $85,400 | Land Value $22,100 | Improvement Value $63,300 | Tax Amount $1,875.2 | Change Rate +0.013578% | Assessed CR | Tax Rate +0.021958% |
| Year 2016 | Assessed Value $82,100 | Land Value $22,100 | Improvement Value $60,000 | Tax Amount $1,850.08 | Change Rate -0.176432% | Assessed CR | Tax Rate +0.022534% |
| Year 2014 | Assessed Value $103,900 | Land Value $22,100 | Improvement Value $81,800 | Tax Amount $2,246.42 | Change Rate +1.387472% | Assessed CR | Tax Rate +0.021621% |
| Year 2013 | Assessed Value $96,200 | Land Value $22,100 | Improvement Value $74,100 | Tax Amount $940.92 | Change Rate | Assessed CR | Tax Rate +0.009781% |