Taxes
- Assessed Value: $13,235,200
- Assessed Year: 2025
- Assessed County: Marion
- APN: 49-11-11-115-007.000-101
- Assessed Land Value: 1133500
- Market Land Value: 1133500
- Tax Amount: 294693.08
- Tax Year: 2024
- Market Value: 13235200
- Market Year: 2025
609 Russell Ave; Indianapolis, IN Property Details
Off market
609 Russell Ave Indianapolis, IN 46225
$13,235,200 Estimated Value
5,000 SqFt
Property Type
HotelProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2020
- Purchase Price: $850,000
- Open Loans / Balance: 1 / $680,685
- APN: 49-11-11-115-007.000-101
- Situs County: Marion
- Length Of Ownership: 8 years
Structure
- Building Style: Brick
- Stories: 7
- Exterior Wall Type: Brick
- Building Condition: Average
- Building Quality: B
- Sewer Type: None
- Water Source: None
Measurements
- Total: 5,000/SqFt
- Lot: 19,333/SqFt
- Gross: 5,000/SqFt
- Building: 5,000/SqFt
- Ground: 5,000/SqFt
- Price Per Square Foot: $170.00
Legal Description
- Description: RUSSELLS SUB OL123 L25 & L26 & PT L27 BEG SW COR L25 P.O.B. E173.33 N105 W174.1 SW39 SE73.5 TO BEG 0.4438AC
Building Insights
Land Information
- Property Type: Hotel
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Indianapolis Public Schools
- Lat / Lon: 39.758724 / -86.159706
- Subdivision: Russells Sub Ol123
- Property Class: Commercial
- Zoning: ZO01
- County Use Code: 411
Amenities
- Cooling: Yes
- Heating: Yes
Ownership Info
609 Russell Ave has no associated ownership info
609 Russell Ave has no associated ownership info.
Taxes
609 Russell Ave has 10 associated Taxes items
609 Russell Ave, 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 $13,235,200. The APN we've located for 609 Russell Ave is 49-11-11-115-007.000-101.
Unlock the full reportTax History
609 Russell Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $13,235,200 | Land Value $1,133,500 | Improvement Value $12,101,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $294,693.09 | Change Rate -0.028394% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $303,305.06 | Change Rate -0.002334% | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $10,921,900 | Land Value $1,133,500 | Improvement Value $9,788,400 | Tax Amount $304,014.5 | Change Rate +1.29415% | Assessed CR | Tax Rate +0.027835% |
| Year 2021 | Assessed Value $195,200 | Land Value $193,000 | Improvement Value $2,200 | Tax Amount $132,517.27 | Change Rate +21.922739% | Assessed CR | Tax Rate +0.678879% |
| Year 2020 | Assessed Value $195,200 | Land Value $193,000 | Improvement Value $2,200 | Tax Amount $5,781.04 | Change Rate -0.017518% | Assessed CR | Tax Rate +0.029616% |
| Year 2019 | Assessed Value $195,200 | Land Value $193,000 | Improvement Value $2,200 | Tax Amount $5,884.12 | Change Rate -0.293296% | Assessed CR | Tax Rate +0.030144% |
| Year 2018 | Assessed Value $263,300 | Land Value $193,000 | Improvement Value $70,300 | Tax Amount $8,326.14 | Change Rate +0.134151% | Assessed CR | Tax Rate +0.031622% |
| Year 2017 | Assessed Value $261,600 | Land Value $193,000 | Improvement Value $68,600 | Tax Amount $7,341.3 | Change Rate -0.062608% | Assessed CR | Tax Rate +0.028063% |
| Year 2016 | Assessed Value $258,700 | Land Value $193,000 | Improvement Value $65,700 | Tax Amount $7,831.62 | Change Rate -0.024328% | Assessed CR | Tax Rate +0.030273% |
| Year 2014 | Assessed Value $274,800 | Land Value $193,000 | Improvement Value $81,800 | Tax Amount $8,026.9 | Change Rate -0.011507% | Assessed CR | Tax Rate +0.02921% |
| Year 2013 | Assessed Value $274,800 | Land Value $193,000 | Improvement Value $81,800 | Tax Amount $8,120.34 | Change Rate | Assessed CR | Tax Rate +0.02955% |