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538 E Miami St; Indianapolis, IN Property Details

538 E Miami St, Indianapolis, IN is a Condominium that was built in 2006. This property is currently a cash purchase and is not for sale. Our records show that 538 E Miami St has 2 bedrooms, and 2.5 bathrooms, and a total of 1,976 square feet. The lot size of 538 E Miami St is 871 square feet.

Off market
538 E Miami St Indianapolis, IN 46202
$499,000 Listing Price
2 Beds
2.5 Baths
1,976 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2006
  • Purchase Price: $485,000
  • Est. Equity / %: $478,000 / 100%
  • Gross Yield: 10.76%
  • APN: 49-11-01-187-038.027-101
  • Situs County: Marion
  • Length Of Ownership: 7 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 1,976/SqFt
  • Lot: 871/SqFt
  • Gross: 2,326/SqFt
  • Garage: 350/SqFt
  • Living: 1,976/SqFt
  • Basement: 474/SqFt
  • Building: 2,326/SqFt
  • Ground: 1,502/SqFt
  • Basement Finished: 474/SqFt
  • Price Per Square Foot: $245.45

Legal Description

  • Description: DESOTO TOWNHOMES CONDOMINIUMS HPR UNIT 538 MIAMI STREETBUILDING VIII
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.77048 / -86.14759
  • Subdivision: Desoto Townhomes Condominiums Hpr
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 550

Amenities

  • Plus Four: 3710
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One: $363
  • H O A Amount: $363
  • H O A One Frequency: Monthly
  • H O A One Name: Desoto Townhomes Condominiums Hpr
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Desoto Twnhms Condos
  • H O A Two Type: Condo Owner Association

Ownership Info

538 E Miami St has no associated ownership info
538 E Miami St has no associated ownership info.

Taxes

538 E Miami St has 10 associated Taxes items

538 E Miami 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 $499,500. The APN we've located for 538 E Miami St is 49-11-01-187-038.027-101.

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Taxes
  • Assessed Value:  $499,500
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-01-187-038.027-101
  • Assessed Land Value:  67200
  • Market Land Value:  67200
  • Tax Amount:  12206.7
  • Tax Year:  2024
  • Market Value:  499500
  • Market Year:  2025

Tax History

538 E Miami St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $499,500 Land Value $67,200 Improvement Value $432,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $12,206.7 Change Rate +0.118407% Assessed CR Tax Rate
Year 2023 Assessed Value $458,000 Land Value $67,200 Improvement Value $390,800 Tax Amount $10,914.36 Change Rate +0.021567% Assessed CR Tax Rate +0.02383%
Year 2022 Assessed Value $446,000 Land Value $67,200 Improvement Value $378,800 Tax Amount $10,683.94 Change Rate -0.03099% Assessed CR Tax Rate +0.023955%
Year 2021 Assessed Value $475,800 Land Value $67,200 Improvement Value $408,600 Tax Amount $11,025.62 Change Rate +0.027017% Assessed CR Tax Rate +0.023173%
Year 2020 Assessed Value $463,600 Land Value $67,200 Improvement Value $396,400 Tax Amount $10,735.58 Change Rate +0.008524% Assessed CR Tax Rate +0.023157%
Year 2019 Assessed Value $450,900 Land Value $67,200 Improvement Value $383,700 Tax Amount $10,644.84 Change Rate +0.131222% Assessed CR Tax Rate +0.023608%
Year 2018 Assessed Value $393,000 Land Value $67,200 Improvement Value $325,800 Tax Amount $9,410.04 Change Rate +1.220763% Assessed CR Tax Rate +0.023944%
Year 2017 Assessed Value $391,300 Land Value $67,200 Improvement Value $324,100 Tax Amount $4,237.3 Change Rate +0.033493% Assessed CR Tax Rate +0.010829%
Year 2016 Assessed Value $394,800 Land Value $67,200 Improvement Value $327,600 Tax Amount $4,099.98 Change Rate +0.271264% Assessed CR Tax Rate +0.010385%
Year 2014 Assessed Value $297,400 Land Value $67,200 Improvement Value $230,200 Tax Amount $3,225.12 Change Rate +0.041793% Assessed CR Tax Rate +0.010844%
Year 2013 Assessed Value $297,400 Land Value $67,200 Improvement Value $230,200 Tax Amount $3,095.74 Change Rate Assessed CR Tax Rate +0.010409%