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661 E Merrill St; Indianapolis, IN Property Details

661 E Merrill St, Indianapolis, IN is a Condominium that was built in 2004. This property is currently Financed and is not for sale. Our records show that 661 E Merrill St has 3 bedrooms, and 3 bathrooms, and a total of 2,620 square feet. The lot size of 661 E Merrill St is 2,496 square feet.

Off market
661 E Merrill St Indianapolis, IN 46203
$603,750 Listing Price
3 Beds
3 Baths
2,620 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2004
  • Purchase Price: $603,800
  • Open Loans / Balance: 1 / $405,835
  • Est. Equity / %: $127,165 / 23.86%
  • Gross Yield: 13.074%
  • APN: 49-11-01-218-011.004-101
  • Situs County: Marion
  • Length Of Ownership: 6 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 3
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 2,620/SqFt
  • Lot: 2,496/SqFt
  • Gross: 3,057/SqFt
  • Garage: 437/SqFt
  • Living: 2,620/SqFt
  • Building: 3,057/SqFt
  • Ground: 2,620/SqFt
  • Price Per Square Foot: $230.46

Legal Description

  • Description: MERRILL STREET TOWNHOMES UNIT 661 & 20% INTCOMMON AREA
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.75859 / -86.14727
  • Subdivision: Merrill Street Townhomes
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 550

Amenities

  • Plus Four: 1727
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $930
  • H O A Amount: $930
  • H O A One Frequency: Quarterly
  • H O A One Name: Merrill Street Townhomes Owners Association Inc
  • H O A One Type: Condo Owner Association

Ownership Info

661 E Merrill St has no associated ownership info
661 E Merrill St has no associated ownership info.

Taxes

661 E Merrill St has 10 associated Taxes items

661 E Merrill 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 $560,100. The APN we've located for 661 E Merrill St is 49-11-01-218-011.004-101.

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Taxes
  • Assessed Value:  $560,100
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-01-218-011.004-101
  • Assessed Land Value:  58700
  • Market Land Value:  58700
  • Tax Amount:  6849.1
  • Tax Year:  2024
  • Market Value:  560100
  • Market Year:  2025

Tax History

661 E Merrill St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $560,100 Land Value $58,700 Improvement Value $501,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,849.1 Change Rate -0.010717% Assessed CR Tax Rate
Year 2023 Assessed Value $569,100 Land Value $58,700 Improvement Value $510,400 Tax Amount $6,923.3 Change Rate -0.024742% Assessed CR Tax Rate +0.012165%
Year 2022 Assessed Value $569,100 Land Value $58,700 Improvement Value $510,400 Tax Amount $7,098.94 Change Rate +0.106398% Assessed CR Tax Rate +0.012474%
Year 2021 Assessed Value $537,600 Land Value $58,700 Improvement Value $478,900 Tax Amount $6,416.26 Change Rate -0.00182% Assessed CR Tax Rate +0.011935%
Year 2020 Assessed Value $541,800 Land Value $58,700 Improvement Value $483,100 Tax Amount $6,427.96 Change Rate -0.499211% Assessed CR Tax Rate +0.011864%
Year 2019 Assessed Value $543,700 Land Value $58,700 Improvement Value $485,000 Tax Amount $12,835.66 Change Rate +0.149175% Assessed CR Tax Rate +0.023608%
Year 2018 Assessed Value $466,200 Land Value $58,700 Improvement Value $407,500 Tax Amount $11,169.46 Change Rate +0.11853% Assessed CR Tax Rate +0.023959%
Year 2017 Assessed Value $467,400 Land Value $58,700 Improvement Value $408,700 Tax Amount $9,985.84 Change Rate +1.774261% Assessed CR Tax Rate +0.021365%
Year 2016 Assessed Value $383,800 Land Value $58,700 Improvement Value $325,100 Tax Amount $3,599.46 Change Rate +0.033484% Assessed CR Tax Rate +0.009378%
Year 2014 Assessed Value $320,800 Land Value $58,700 Improvement Value $262,100 Tax Amount $3,482.84 Change Rate +0.042386% Assessed CR Tax Rate +0.010857%
Year 2013 Assessed Value $320,800 Land Value $58,700 Improvement Value $262,100 Tax Amount $3,341.22 Change Rate Assessed CR Tax Rate +0.010415%