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55 E 87th St; Indianapolis, IN Property Details

55 E 87th St, Indianapolis, IN is a Single Family that was built in 1965. This property is currently Financed and is not for sale. Our records show that 55 E 87th St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,210 square feet. The lot size of 55 E 87th St is 17,119 square feet.

Off market
55 E 87th St Indianapolis, IN 46240
$219,900 Listing Price
3 Beds
1.5 Baths
1,210 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1965
  • Purchase Price: $210,000
  • Open Loans / Balance: 1 / $179,990
  • Est. Equity / %: $186,010 / 50.82%
  • Gross Yield: 7.587%
  • APN: 49-03-14-121-038.000-800
  • Situs County: Marion
  • Length Of Ownership: 7 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: Yes

Measurements

  • Total: 1,210/SqFt
  • Lot: 17,119/SqFt
  • Gross: 1,834/SqFt
  • Garage: 624/SqFt
  • Living: 1,210/SqFt
  • Building: 1,834/SqFt
  • Ground: 1,210/SqFt
  • Price Per Square Foot: $173.55

Legal Description

  • Description: NORTH MERIDIAN MANOR L9 & 75 W END L7
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Washington Township Metropolitan School District
  • Lat / Lon: 39.91391 / -86.15648
  • Subdivision: North Meridian Manor
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 1504
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

55 E 87th St has no associated ownership info
55 E 87th St has no associated ownership info.

Taxes

55 E 87th St has 10 associated Taxes items

55 E 87th 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 $269,400. The APN we've located for 55 E 87th St is 49-03-14-121-038.000-800.

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Taxes
  • Assessed Value:  $269,400
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-03-14-121-038.000-800
  • Assessed Land Value:  36800
  • Market Land Value:  36800
  • Tax Amount:  2600.5
  • Tax Year:  2024
  • Market Value:  269400
  • Market Year:  2025

Tax History

55 E 87th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $269,400 Land Value $36,800 Improvement Value $232,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,600.5 Change Rate -0.032559% Assessed CR Tax Rate
Year 2023 Assessed Value $218,900 Land Value $36,800 Improvement Value $182,100 Tax Amount $2,688.02 Change Rate +0.0204% Assessed CR Tax Rate +0.01228%
Year 2022 Assessed Value $208,300 Land Value $36,800 Improvement Value $171,500 Tax Amount $2,634.28 Change Rate +0.045797% Assessed CR Tax Rate +0.012647%
Year 2021 Assessed Value $188,400 Land Value $30,700 Improvement Value $157,700 Tax Amount $2,518.92 Change Rate +0.140288% Assessed CR Tax Rate +0.01337%
Year 2020 Assessed Value $183,000 Land Value $30,700 Improvement Value $152,300 Tax Amount $2,209.02 Change Rate +0.068388% Assessed CR Tax Rate +0.012071%
Year 2019 Assessed Value $183,000 Land Value $30,700 Improvement Value $152,300 Tax Amount $2,067.62 Change Rate +0.395626% Assessed CR Tax Rate +0.011298%
Year 2018 Assessed Value $139,200 Land Value $30,700 Improvement Value $108,500 Tax Amount $1,481.5 Change Rate +0.108244% Assessed CR Tax Rate +0.010643%
Year 2017 Assessed Value $131,100 Land Value $30,700 Improvement Value $100,400 Tax Amount $1,336.8 Change Rate +0.182883% Assessed CR Tax Rate +0.010197%
Year 2016 Assessed Value $129,500 Land Value $30,700 Improvement Value $98,800 Tax Amount $1,130.12 Change Rate +0.046931% Assessed CR Tax Rate +0.008727%
Year 2014 Assessed Value $132,600 Land Value $30,700 Improvement Value $101,900 Tax Amount $1,079.46 Change Rate +0.05925% Assessed CR Tax Rate +0.008141%
Year 2013 Assessed Value $132,600 Land Value $30,700 Improvement Value $101,900 Tax Amount $1,019.08 Change Rate Assessed CR Tax Rate +0.007685%