Large Location Icon

7048 Spellman Ct; Indianapolis, IN Property Details

7048 Spellman Ct, Indianapolis, IN is a Single Family that was built in 2002. This property is currently Financed and is for sale. Our records show that 7048 Spellman Ct has 3 bedrooms, and 3.5 bathrooms, and a total of 2,598 square feet. The lot size of 7048 Spellman Ct is 18,688 square feet.

On Market for 4 days
7048 Spellman Ct Indianapolis, IN 46259
$450,000 Listing Price
3 Beds
3.5 Baths
2,598 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2002
  • Purchase Price: $344,800
  • Open Loans / Balance: 1 / $345,624
  • Est. Equity / %: $70,376 / 16.92%
  • Gross Yield: 8.424%
  • APN: 49-15-13-131-007.000-300
  • Situs County: Marion
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 11
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 2
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,598/SqFt
  • Lot: 18,688/SqFt
  • Gross: 3,341/SqFt
  • Garage: 743/SqFt
  • Living: 2,598/SqFt
  • Building: 3,341/SqFt
  • Ground: 2,598/SqFt
  • Price Per Square Foot: $132.72

Legal Description

  • Description: PRINCETON LAKES SEC 1 L 7
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: 39.66543 / -86.0274
  • Subdivision: Princeton Lakes Sec 1
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 5801
  • Bathroom Fixtures: 13
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 3

HOA

  • H O A One: $400
  • H O A Amount: $400
  • H O A One Frequency: Annual
  • H O A One Name: Princeton Lakes Hoa
  • H O A One Type: Home Owner Association

Ownership Info

7048 Spellman Ct has no associated ownership info
7048 Spellman Ct has no associated ownership info.

Taxes

7048 Spellman Ct has 10 associated Taxes items

7048 Spellman Ct, 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 $404,700. The APN we've located for 7048 Spellman Ct is 49-15-13-131-007.000-300.

Unlock the full report
Taxes
  • Assessed Value:  $404,700
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-15-13-131-007.000-300
  • Assessed Land Value:  70100
  • Market Land Value:  70100
  • Tax Amount:  3919
  • Tax Year:  2024
  • Market Value:  404700
  • Market Year:  2025

Tax History

7048 Spellman Ct has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $404,700 Land Value $70,100 Improvement Value $334,600 Tax Amount $3,878 Change Rate -0.010462% Assessed CR Tax Rate +0.009582%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,919 Change Rate +0.137267% Assessed CR Tax Rate
Year 2023 Assessed Value $332,100 Land Value $70,100 Improvement Value $262,000 Tax Amount $3,445.98 Change Rate -0.018234% Assessed CR Tax Rate +0.010376%
Year 2022 Assessed Value $332,100 Land Value $70,100 Improvement Value $262,000 Tax Amount $3,509.98 Change Rate +0.102035% Assessed CR Tax Rate +0.010569%
Year 2021 Assessed Value $306,600 Land Value $70,100 Improvement Value $236,500 Tax Amount $3,185 Change Rate +0.100553% Assessed CR Tax Rate +0.010388%
Year 2020 Assessed Value $289,400 Land Value $70,100 Improvement Value $219,300 Tax Amount $2,894 Change Rate +0.03468% Assessed CR Tax Rate +0.01%
Year 2019 Assessed Value $279,700 Land Value $56,100 Improvement Value $223,600 Tax Amount $2,797 Change Rate -0.000007% Assessed CR Tax Rate +0.01%
Year 2018 Assessed Value $268,700 Land Value $56,100 Improvement Value $212,600 Tax Amount $2,797.02 Change Rate +0.026437% Assessed CR Tax Rate +0.010409%
Year 2017 Assessed Value $261,800 Land Value $56,100 Improvement Value $205,700 Tax Amount $2,724.98 Change Rate +0.118179% Assessed CR Tax Rate +0.010409%
Year 2016 Assessed Value $250,300 Land Value $56,100 Improvement Value $194,200 Tax Amount $2,436.98 Change Rate +0.038347% Assessed CR Tax Rate +0.009736%
Year 2014 Assessed Value $234,700 Land Value $56,100 Improvement Value $178,600 Tax Amount $2,346.98 Change Rate +0.052457% Assessed CR Tax Rate +0.01%
Year 2013 Assessed Value $231,100 Land Value $56,100 Improvement Value $175,000 Tax Amount $2,230 Change Rate Assessed CR Tax Rate +0.00965%