Taxes
- Assessed Value: $11,793,300
- Assessed Year: 2025
- Assessed County: Marion
- APN: 49-07-14-119-001.000-401
- Assessed Land Value: 1428100
- Market Land Value: 1428100
- Tax Amount: 285947.48
- Tax Year: 2025
- Market Value: 11793300
- Market Year: 2025
6875 Faris Ave; Indianapolis, IN Property Details
Off market
6875 Faris Ave Indianapolis, IN 46226
$11,793,300 Estimated Value
1,865 SqFt
Property Type
Apt House 100+ UnitsProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1971
- Purchase Price: $63,750,000
- Open Loans: 1
- Inv. Liens / Amount: 1 / $10,031
- APN: 49-07-14-119-001.000-401
- Situs County: Marion
- Length Of Ownership: 4 years, 2 months
Structure
- Building Style: Steel
- Stories: 2
- Exterior Wall Type: Concrete Block
- Building Condition: Fair
- Building Quality: C
- Pool Type: Yes
Measurements
- Total: 1,865/SqFt
- Lot: 964,854/SqFt
- Gross: 1,865/SqFt
- Garage: 1,782/SqFt
- Living: 1,865/SqFt
- Building: 1,865/SqFt
- Ground: 1,865/SqFt
- Price Per Square Foot: $34182.31
Legal Description
- Description: SE1/4 NE1/4 S14 T16 R4 BEG SE COR W 1328FT N728FT E 678FT N 100FT E 230FT S 185FT E 420FT S660FT TO BEG 22.15AC
Building Insights
Land Information
- Property Type: Apt House 100+ Units
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Indianapolis Public Schools
- Lat / Lon: 39.83413 / -86.048584
- Subdivision: Se1/4 Ne1/4 S14 T16 R4
- Property Class: Residential
- Zoning: ZO01
- County Use Code: 403
Amenities
- Pool: true
- Plus Four: 3717
- Garage: Carport
- Parking: 6
Ownership Info
6875 Faris Ave has no associated ownership info
6875 Faris Ave has no associated ownership info.
Taxes
6875 Faris Ave has 10 associated Taxes items
6875 Faris 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 $11,793,300. The APN we've located for 6875 Faris Ave is 49-07-14-119-001.000-401.
Unlock the full reportTax History
6875 Faris Ave has 5 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $11,793,300 | Land Value $1,428,100 | Improvement Value $10,365,200 | Tax Amount $285,947.47 | Change Rate +0.233953% | Assessed CR | Tax Rate +0.024247% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $231,732.94 | Change Rate -0.004045% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $9,037,800 | Land Value $1,428,100 | Improvement Value $7,609,700 | Tax Amount $232,674 | Change Rate +0.574814% | Assessed CR | Tax Rate +0.025745% |
| Year 2022 | Assessed Value $5,882,900 | Land Value $1,428,100 | Improvement Value $4,454,800 | Tax Amount $147,746.98 | Change Rate +0.10696% | Assessed CR | Tax Rate +0.025115% |
| Year 2021 | Assessed Value $5,453,100 | Land Value $1,343,500 | Improvement Value $4,109,600 | Tax Amount $133,470.95 | Change Rate | Assessed CR | Tax Rate +0.024476% |