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5940 Mcfarland Rd; Indianapolis, IN Property Details

5940 Mcfarland Rd, Indianapolis, IN is a Single Family that was built in 1947. This property is currently a cash purchase and is not for sale. Our records show that 5940 Mcfarland Rd has 2 bedrooms, and 1 bathroom, and a total of 1,229 square feet. The lot size of 5940 Mcfarland Rd is 50,094 square feet.

Off market
5940 Mcfarland Rd Indianapolis, IN 46227
$124,900 Listing Price
2 Beds
1 Baths
1,229 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1947
  • Open Loans / Balance: 1 / $69,727
  • Est. Equity / %: $171,273 / 71.07%
  • Gross Yield: 10.347%
  • APN: 49-15-05-121-013.000-500
  • Situs County: Marion
  • Length Of Ownership: 11 years, 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,229/SqFt
  • Lot: 50,094/SqFt
  • Gross: 2,458/SqFt
  • Garage: 864/SqFt
  • Living: 1,229/SqFt
  • Basement: 1,229/SqFt
  • Building: 2,458/SqFt
  • Ground: 1,229/SqFt

Legal Description

  • Description: 100FT EL X 493.55FT BEG 458FT N OF SE COR SW1/4S5 T14 R4 1.15AC
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Perry Township Metropolitan School District
  • Lat / Lon: 39.68127 / -86.11138
  • Property Class: Residential
  • County Use Code: 511

Amenities

  • Plus Four: 8723
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 3

Ownership Info

5940 Mcfarland Rd has no associated ownership info
5940 Mcfarland Rd has no associated ownership info.

Taxes

5940 Mcfarland Rd has 10 associated Taxes items

5940 Mcfarland 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 $198,100. The APN we've located for 5940 Mcfarland Rd is 49-15-05-121-013.000-500.

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Taxes
  • Assessed Value:  $198,100
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-15-05-121-013.000-500
  • Assessed Land Value:  25600
  • Market Land Value:  25600
  • Tax Amount:  2710.38
  • Tax Year:  2024
  • Market Value:  198100
  • Market Year:  2025

Tax History

5940 Mcfarland Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $198,100 Land Value $25,600 Improvement Value $172,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,710.38 Change Rate -0.040621% Assessed CR Tax Rate
Year 2023 Assessed Value $211,900 Land Value $25,600 Improvement Value $186,300 Tax Amount $2,825.14 Change Rate +0.098772% Assessed CR Tax Rate +0.013332%
Year 2022 Assessed Value $189,600 Land Value $25,600 Improvement Value $164,000 Tax Amount $2,571.18 Change Rate +0.1618% Assessed CR Tax Rate +0.013561%
Year 2021 Assessed Value $161,500 Land Value $25,600 Improvement Value $135,900 Tax Amount $2,213.1 Change Rate +0.070113% Assessed CR Tax Rate +0.013703%
Year 2020 Assessed Value $161,300 Land Value $25,600 Improvement Value $135,700 Tax Amount $2,068.1 Change Rate +0.074494% Assessed CR Tax Rate +0.012821%
Year 2019 Assessed Value $150,400 Land Value $21,700 Improvement Value $128,700 Tax Amount $1,924.72 Change Rate +0.019892% Assessed CR Tax Rate +0.012797%
Year 2018 Assessed Value $138,800 Land Value $21,700 Improvement Value $117,100 Tax Amount $1,887.18 Change Rate +0.159686% Assessed CR Tax Rate +0.013596%
Year 2017 Assessed Value $124,800 Land Value $21,700 Improvement Value $103,100 Tax Amount $1,627.32 Change Rate +0.293803% Assessed CR Tax Rate +0.013039%
Year 2016 Assessed Value $115,000 Land Value $21,700 Improvement Value $93,300 Tax Amount $1,257.78 Change Rate -0.002886% Assessed CR Tax Rate +0.010937%
Year 2014 Assessed Value $113,300 Land Value $21,700 Improvement Value $91,600 Tax Amount $1,261.42 Change Rate -0.015746% Assessed CR Tax Rate +0.011133%
Year 2013 Assessed Value $113,300 Land Value $21,700 Improvement Value $91,600 Tax Amount $1,281.6 Change Rate Assessed CR Tax Rate +0.011312%