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7118 E Payne Rd; Indianapolis, IN Property Details

7118 E Payne Rd, Indianapolis, IN is a Single Family that was built in 1956. This property is not for sale. Our records show that 7118 E Payne Rd has 3 bedrooms, and 1.5 bathrooms, and a total of 1,728 square feet. The lot size of 7118 E Payne Rd is 20,412 square feet.

Off market
7118 E Payne Rd Indianapolis, IN 46239
$208,700 Estimated Value
3 Beds
1.5 Baths
1,728 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Est. Equity / %: $244,000 / 100%
  • Gross Yield: 8.67%
  • APN: 49-10-25-122-008.000-300
  • Situs County: Marion

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1
  • Building Condition: Fair
  • Building Quality: C
  • Pool Type: Above ground pool
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: None
  • Deck: true

Measurements

  • Total: 1,728/SqFt
  • Lot: 20,412/SqFt
  • Gross: 2,208/SqFt
  • Garage: 480/SqFt
  • Living: 1,728/SqFt
  • Building: 2,208/SqFt
  • Ground: 1,728/SqFt

Legal Description

  • Description: FIVE POINTS MAPLE GROVE ADD L 8
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: 39.720108 / -86.041756
  • Subdivision: Five Points Maple Grove Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Pool: true
  • Plus Four: 9571
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

7118 E Payne Rd has no associated ownership info
7118 E Payne Rd has no associated ownership info.

Taxes

7118 E Payne Rd has 10 associated Taxes items

7118 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 $208,700. The APN we've located for 7118 E Payne Rd is 49-10-25-122-008.000-300.

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Taxes
  • Assessed Value:  $208,700
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-25-122-008.000-300
  • Assessed Land Value:  15300
  • Market Land Value:  15300
  • Tax Amount:  3918
  • Tax Year:  2024
  • Market Value:  208700
  • Market Year:  2025

Tax History

7118 E Payne Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $208,700 Land Value $15,300 Improvement Value $193,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,918 Change Rate +0.016743% Assessed CR Tax Rate
Year 2023 Assessed Value $186,400 Land Value $15,300 Improvement Value $171,100 Tax Amount $3,853.48 Change Rate +0.030695% Assessed CR Tax Rate +0.020673%
Year 2022 Assessed Value $180,800 Land Value $15,300 Improvement Value $165,500 Tax Amount $3,738.72 Change Rate +0.347821% Assessed CR Tax Rate +0.020679%
Year 2021 Assessed Value $132,700 Land Value $15,300 Improvement Value $117,400 Tax Amount $2,773.9 Change Rate +0.150547% Assessed CR Tax Rate +0.020904%
Year 2020 Assessed Value $120,500 Land Value $15,300 Improvement Value $105,200 Tax Amount $2,410.94 Change Rate -0.032132% Assessed CR Tax Rate +0.020008%
Year 2019 Assessed Value $121,400 Land Value $15,300 Improvement Value $106,100 Tax Amount $2,490.98 Change Rate +0.017557% Assessed CR Tax Rate +0.020519%
Year 2018 Assessed Value $114,000 Land Value $15,300 Improvement Value $98,700 Tax Amount $2,448 Change Rate +0.024705% Assessed CR Tax Rate +0.021474%
Year 2017 Assessed Value $111,200 Land Value $15,300 Improvement Value $95,900 Tax Amount $2,388.98 Change Rate -0.09371% Assessed CR Tax Rate +0.021484%
Year 2016 Assessed Value $110,600 Land Value $15,300 Improvement Value $95,300 Tax Amount $2,636 Change Rate +0.02768% Assessed CR Tax Rate +0.023834%
Year 2014 Assessed Value $125,400 Land Value $15,300 Improvement Value $110,100 Tax Amount $2,565 Change Rate +0.823028% Assessed CR Tax Rate +0.020455%
Year 2013 Assessed Value $125,400 Land Value $15,300 Improvement Value $110,100 Tax Amount $1,407 Change Rate Assessed CR Tax Rate +0.01122%