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616 E 51st St; Indianapolis, IN Property Details

616 E 51st St, Indianapolis, IN is a Single Family that was built in 1921. This property is currently a cash purchase and is not for sale. Our records show that 616 E 51st St has 2 bedrooms, and 1 bathroom, and a total of 940 square feet. The lot size of 616 E 51st St is 4,051 square feet.

Off market
616 E 51st St Indianapolis, IN 46205
$115,000 Listing Price
2 Beds
1 Baths
940 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1921
  • Purchase Price: $68,000
  • Open Loans / Balance: 1 / $71,886
  • Est. Equity / %: $197,114 / 73.28%
  • Gross Yield: 8.164%
  • APN: 49-06-12-203-016.000-801
  • Situs County: Marion
  • Length Of Ownership: 13 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 940/SqFt
  • Lot: 4,051/SqFt
  • Gross: 1,720/SqFt
  • Garage: 240/SqFt
  • Living: 940/SqFt
  • Basement: 780/SqFt
  • Building: 1,720/SqFt
  • Ground: 940/SqFt
  • Price Per Square Foot: $72.34

Legal Description

  • Description: ARTHUR V BROWNS CENTRAL AVE ADD PT L10 75 E END
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: 39.845173 / -86.14798
  • Subdivision: Arthur V Browns Central Ave Add Pt
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 1154
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

616 E 51st St has no associated ownership info
616 E 51st St has no associated ownership info.

Taxes

616 E 51st St has 10 associated Taxes items

616 E 51st 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 $249,000. The APN we've located for 616 E 51st St is 49-06-12-203-016.000-801.

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Taxes
  • Assessed Value:  $249,000
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-06-12-203-016.000-801
  • Assessed Land Value:  34400
  • Market Land Value:  34400
  • Tax Amount:  2438.2
  • Tax Year:  2024
  • Market Value:  249000
  • Market Year:  2025

Tax History

616 E 51st St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $249,000 Land Value $34,400 Improvement Value $214,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,438.2 Change Rate -0.021448% Assessed CR Tax Rate
Year 2023 Assessed Value $206,800 Land Value $34,400 Improvement Value $172,400 Tax Amount $2,491.64 Change Rate +0.044135% Assessed CR Tax Rate +0.012049%
Year 2022 Assessed Value $206,800 Land Value $34,400 Improvement Value $172,400 Tax Amount $2,386.32 Change Rate +0.079353% Assessed CR Tax Rate +0.011539%
Year 2021 Assessed Value $187,000 Land Value $24,800 Improvement Value $162,200 Tax Amount $2,210.88 Change Rate +0.051548% Assessed CR Tax Rate +0.011823%
Year 2020 Assessed Value $182,900 Land Value $24,800 Improvement Value $158,100 Tax Amount $2,102.5 Change Rate -0.018239% Assessed CR Tax Rate +0.011495%
Year 2019 Assessed Value $182,900 Land Value $24,800 Improvement Value $158,100 Tax Amount $2,141.56 Change Rate -0.060546% Assessed CR Tax Rate +0.011709%
Year 2018 Assessed Value $187,400 Land Value $24,800 Improvement Value $162,600 Tax Amount $2,279.58 Change Rate +0.130094% Assessed CR Tax Rate +0.012164%
Year 2017 Assessed Value $184,700 Land Value $24,800 Improvement Value $159,900 Tax Amount $2,017.16 Change Rate +0.02396% Assessed CR Tax Rate +0.010921%
Year 2016 Assessed Value $182,200 Land Value $24,800 Improvement Value $157,400 Tax Amount $1,969.96 Change Rate +0.036712% Assessed CR Tax Rate +0.010812%
Year 2014 Assessed Value $177,100 Land Value $24,800 Improvement Value $152,300 Tax Amount $1,900.2 Change Rate +0.036299% Assessed CR Tax Rate +0.01073%
Year 2013 Assessed Value $177,100 Land Value $24,800 Improvement Value $152,300 Tax Amount $1,833.64 Change Rate Assessed CR Tax Rate +0.010354%