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5508 Drum Rd; Indianapolis, IN Property Details

5508 Drum Rd, Indianapolis, IN is a Single Family that was built in 1998. This property is not for sale. Our records show that 5508 Drum Rd has 1.5 bathrooms, and a total of 1,236 square feet. The lot size of 5508 Drum Rd is 4,487 square feet.

Off market
5508 Drum Rd Indianapolis, IN 46216
$266,100 Estimated Value
1.5 Baths
1,236 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1998
  • Open Loans / Balance: 1 / $134,548
  • Est. Equity / %: $97,452 / 42.01%
  • Gross Yield: 9.941%
  • APN: 49-08-07-110-059.000-407
  • Situs County: Marion

Rooms

  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,236/SqFt
  • Lot: 4,487/SqFt
  • Gross: 2,872/SqFt
  • Garage: 400/SqFt
  • Living: 1,236/SqFt
  • Basement: 1,236/SqFt
  • Building: 2,872/SqFt
  • Ground: 1,236/SqFt

Legal Description

  • Description: BENJAMIN SQUARE SEC 1 L 62
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lawrence Township Metropolitan School District
  • Lat / Lon: 39.85341 / -86.02429
  • Subdivision: Benjamin Square Sec 1
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 2049
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $203
  • H O A Amount: $203
  • H O A One Frequency: Semi-Annual
  • H O A One Name: Benjamin Square Neighborhood Association Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Benjamin Square Hoa
  • H O A Two Type: Home Owner Association

Ownership Info

5508 Drum Rd has no associated ownership info
5508 Drum Rd has no associated ownership info.

Taxes

5508 Drum Rd has 10 associated Taxes items

5508 Drum Rd, 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 $266,100. The APN we've located for 5508 Drum Rd is 49-08-07-110-059.000-407.

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Taxes
  • Assessed Value:  $266,100
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-08-07-110-059.000-407
  • Assessed Land Value:  27600
  • Market Land Value:  27600
  • Tax Amount:  2587.66
  • Tax Year:  2024
  • Market Value:  266100
  • Market Year:  2025

Tax History

5508 Drum Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $266,100 Land Value $27,600 Improvement Value $238,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,587.66 Change Rate -0.039095% Assessed CR Tax Rate
Year 2023 Assessed Value $243,300 Land Value $27,600 Improvement Value $215,700 Tax Amount $2,692.94 Change Rate +0.064681% Assessed CR Tax Rate +0.011068%
Year 2022 Assessed Value $225,300 Land Value $27,600 Improvement Value $197,700 Tax Amount $2,529.34 Change Rate +0.164789% Assessed CR Tax Rate +0.011227%
Year 2021 Assessed Value $191,400 Land Value $27,600 Improvement Value $163,800 Tax Amount $2,171.5 Change Rate +0.104965% Assessed CR Tax Rate +0.011345%
Year 2020 Assessed Value $176,300 Land Value $21,400 Improvement Value $154,900 Tax Amount $1,965.22 Change Rate +0.201249% Assessed CR Tax Rate +0.011147%
Year 2019 Assessed Value $163,600 Land Value $21,400 Improvement Value $142,200 Tax Amount $1,635.98 Change Rate +0.03819% Assessed CR Tax Rate +0.01%
Year 2018 Assessed Value $152,900 Land Value $21,400 Improvement Value $131,500 Tax Amount $1,575.8 Change Rate +0.05195% Assessed CR Tax Rate +0.010306%
Year 2017 Assessed Value $145,300 Land Value $21,400 Improvement Value $123,900 Tax Amount $1,497.98 Change Rate +0.077683% Assessed CR Tax Rate +0.01031%
Year 2016 Assessed Value $144,200 Land Value $21,400 Improvement Value $122,800 Tax Amount $1,390 Change Rate +0.01534% Assessed CR Tax Rate +0.009639%
Year 2014 Assessed Value $136,900 Land Value $21,400 Improvement Value $115,500 Tax Amount $1,369 Change Rate -0.116763% Assessed CR Tax Rate +0.01%
Year 2013 Assessed Value $155,700 Land Value $21,400 Improvement Value $134,300 Tax Amount $1,549.98 Change Rate Assessed CR Tax Rate +0.009955%