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542 E Merrill St; Indianapolis, IN Property Details

542 E Merrill St, Indianapolis, IN is a Single Family that was built in 1925. This property is not for sale. Our records show that 542 E Merrill St has 2 bedrooms, and a total of 910 square feet. The lot size of 542 E Merrill St is 3,398 square feet.

Off market
542 E Merrill St Indianapolis, IN 46203
$160,400 Estimated Value
2 Beds
910 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1925
  • Open Loans / Balance: 1 / $46,285
  • Est. Equity / %: $235,715 / 83.59%
  • Gross Yield: 10.209%
  • APN: 49-11-12-114-021.000-101
  • Situs County: Marion

Rooms

  • Bedrooms: 2
  • 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: 910/SqFt
  • Lot: 3,398/SqFt
  • Gross: 1,365/SqFt
  • Living: 910/SqFt
  • Basement: 455/SqFt
  • Building: 1,365/SqFt
  • Ground: 910/SqFt

Legal Description

  • Description: DOWNEYS 2ND SUB L23 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: 39.758884 / -86.14811
  • Subdivision: Downeys 2nd Sub
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 1724
  • Cooling: Central
  • Heating: Central

Ownership Info

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

Taxes

542 E Merrill St has 10 associated Taxes items

542 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 $160,400. The APN we've located for 542 E Merrill St is 49-11-12-114-021.000-101.

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Taxes
  • Assessed Value:  $160,400
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-12-114-021.000-101
  • Assessed Land Value:  42300
  • Market Land Value:  42300
  • Tax Amount:  3410
  • Tax Year:  2024
  • Market Value:  160400
  • Market Year:  2025

Tax History

542 E Merrill St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $160,400 Land Value $42,300 Improvement Value $118,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,410 Change Rate +0.003673% Assessed CR Tax Rate
Year 2023 Assessed Value $140,300 Land Value $42,300 Improvement Value $98,000 Tax Amount $3,397.52 Change Rate -0.004121% Assessed CR Tax Rate +0.024216%
Year 2022 Assessed Value $162,100 Land Value $42,300 Improvement Value $119,800 Tax Amount $3,411.58 Change Rate +0.130411% Assessed CR Tax Rate +0.021046%
Year 2021 Assessed Value $127,900 Land Value $21,800 Improvement Value $106,100 Tax Amount $3,018 Change Rate +0.094017% Assessed CR Tax Rate +0.023597%
Year 2020 Assessed Value $119,100 Land Value $21,800 Improvement Value $97,300 Tax Amount $2,758.64 Change Rate +0.003653% Assessed CR Tax Rate +0.023162%
Year 2019 Assessed Value $116,400 Land Value $21,800 Improvement Value $94,600 Tax Amount $2,748.6 Change Rate -0.036802% Assessed CR Tax Rate +0.023613%
Year 2018 Assessed Value $117,100 Land Value $21,800 Improvement Value $95,300 Tax Amount $2,853.62 Change Rate +0.170255% Assessed CR Tax Rate +0.024369%
Year 2017 Assessed Value $111,900 Land Value $21,800 Improvement Value $90,100 Tax Amount $2,438.46 Change Rate +0.082903% Assessed CR Tax Rate +0.021791%
Year 2016 Assessed Value $107,200 Land Value $21,800 Improvement Value $85,400 Tax Amount $2,251.78 Change Rate -0.046575% Assessed CR Tax Rate +0.021005%
Year 2014 Assessed Value $109,200 Land Value $21,800 Improvement Value $87,400 Tax Amount $2,361.78 Change Rate +0.123192% Assessed CR Tax Rate +0.021628%
Year 2013 Assessed Value $101,100 Land Value $21,800 Improvement Value $79,300 Tax Amount $2,102.74 Change Rate Assessed CR Tax Rate +0.020799%