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7027 E Payne Rd; Indianapolis, IN Property Details

7027 E Payne Rd, Indianapolis, IN is a Single Family that was built in 1960. This property is currently Financed and is not for sale. Our records show that 7027 E Payne Rd has 4 bedrooms, and 1 bathroom, and a total of 2,288 square feet. The lot size of 7027 E Payne Rd is 26,049 square feet.

Off market
7027 E Payne Rd Indianapolis, IN 46239
$264,500 Estimated Value
4 Beds
1 Baths
2,288 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1960
  • Purchase Price: $224,437
  • Open Loans / Balance: 1 / $148,848
  • Est. Equity / %: $135,152 / 47.59%
  • Gross Yield: 9.87%
  • APN: 49-10-25-100-010.000-300
  • Situs County: Marion
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 8

Structure

  • Building Style: Brick
  • Stories: 2
  • Building Condition: Fair
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 2,288/SqFt
  • Lot: 26,049/SqFt
  • Gross: 2,788/SqFt
  • Garage: 500/SqFt
  • Living: 2,288/SqFt
  • Building: 2,788/SqFt
  • Ground: 2,288/SqFt
  • Price Per Square Foot: $98.09

Legal Description

  • Description: FIVE POINTS MAPLE GROVE SEC 2 LOT 22 AND PT SW1/4NW1/4 S25 T15 R4 BEG SW COR LOT 22 W 30 N190.18 SE 30 S 189.25 TO BEG
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Franklin Township Community School Corporation
  • Lat / Lon: 39.71948 / -86.04368
  • Subdivision: Five Points Maple Grove Sec 2 Lot 22 And
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 9504
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

7027 E Payne Rd has no associated ownership info
7027 E Payne Rd has no associated ownership info.

Taxes

7027 E Payne Rd has 10 associated Taxes items

7027 E Payne 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 $264,500. The APN we've located for 7027 E Payne Rd is 49-10-25-100-010.000-300.

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Taxes
  • Assessed Value:  $264,500
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-25-100-010.000-300
  • Assessed Land Value:  19500
  • Market Land Value:  19500
  • Tax Amount:  2511.52
  • Tax Year:  2025
  • Market Value:  264500
  • Market Year:  2025

Tax History

7027 E Payne Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $264,500 Land Value $19,500 Improvement Value $245,000 Tax Amount $2,511.52 Change Rate +0.004206% Assessed CR Tax Rate +0.009495%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,501 Change Rate -0.004514% Assessed CR Tax Rate
Year 2023 Assessed Value $238,000 Land Value $19,500 Improvement Value $218,500 Tax Amount $2,512.34 Change Rate +0.030205% Assessed CR Tax Rate +0.010556%
Year 2022 Assessed Value $230,800 Land Value $19,500 Improvement Value $211,300 Tax Amount $2,438.68 Change Rate +0.337333% Assessed CR Tax Rate +0.010566%
Year 2021 Assessed Value $169,500 Land Value $19,500 Improvement Value $150,000 Tax Amount $1,823.54 Change Rate +0.142784% Assessed CR Tax Rate +0.010758%
Year 2020 Assessed Value $158,600 Land Value $19,500 Improvement Value $139,100 Tax Amount $1,595.7 Change Rate +0.015748% Assessed CR Tax Rate +0.010061%
Year 2019 Assessed Value Land Value Improvement Value Tax Amount $1,570.96 Change Rate -0.011341% Assessed CR Tax Rate
Year 2018 Assessed Value $145,500 Land Value $19,500 Improvement Value $126,000 Tax Amount $1,588.98 Change Rate +0.024487% Assessed CR Tax Rate +0.010921%
Year 2017 Assessed Value $142,000 Land Value $19,500 Improvement Value $122,500 Tax Amount $1,551 Change Rate -0.073466% Assessed CR Tax Rate +0.010923%
Year 2016 Assessed Value $137,500 Land Value $19,500 Improvement Value $118,000 Tax Amount $1,673.98 Change Rate +0.011468% Assessed CR Tax Rate +0.012174%
Year 2014 Assessed Value $158,900 Land Value $19,500 Improvement Value $139,400 Tax Amount $1,655 Change Rate +0.026675% Assessed CR Tax Rate +0.010415%
Year 2013 Assessed Value $158,900 Land Value $19,500 Improvement Value $139,400 Tax Amount $1,612 Change Rate Assessed CR Tax Rate +0.010145%