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7161 E 87th St; Indianapolis, IN Property Details

7161 E 87th St, Indianapolis, IN is a Warehouse that was built in 1985. This property is currently a cash purchase and is not for sale. Our records show that 7161 E 87th St has a total of 40,823 square feet. The lot size of 7161 E 87th St is 164,004 square feet.

Off market
7161 E 87th St Indianapolis, IN 46256
$1,750,100 Estimated Value
40,823 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1985
  • Open Loans: 2
  • APN: 49-02-14-105-005.000-400
  • Situs County: Marion
  • Length Of Ownership: 8 months

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Concrete Block
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 40,823/SqFt
  • Lot: 164,004/SqFt
  • Gross: 40,823/SqFt
  • Living: 40,823/SqFt
  • Building: 40,823/SqFt
  • Ground: 40,823/SqFt

Legal Description

  • Description: PT S1/2 S1/2 S14 T17 R4 BEG 360 N & 405 W OF SECOR SW1/4 NE IRR 402.16 E 485.83 SW 325.55 W576.97 TO BEG 3.765AC
Building Insights

Land Information

  • Property Type: Warehouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lawrence Township Metropolitan School District
  • Lat / Lon: 39.913776 / -86.04188
  • Subdivision: Castleton Indust Park Sec 1
  • Property Class: Industrial
  • Zoning: ZO01
  • County Use Code: 350

Amenities

  • Plus Four: 1204

Ownership Info

7161 E 87th St has no associated ownership info
7161 E 87th St has no associated ownership info.

Taxes

7161 E 87th St has 10 associated Taxes items

7161 E 87th 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 $1,750,100. The APN we've located for 7161 E 87th St is 49-02-14-105-005.000-400.

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Taxes
  • Assessed Value:  $1,750,100
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-02-14-105-005.000-400
  • Assessed Land Value:  882800
  • Market Land Value:  882800
  • Tax Amount:  38753.36
  • Tax Year:  2024
  • Market Value:  1750100
  • Market Year:  2025

Tax History

7161 E 87th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,750,100 Land Value $882,800 Improvement Value $867,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $38,753.36 Change Rate -0.098728% Assessed CR Tax Rate
Year 2023 Assessed Value $1,654,900 Land Value $882,800 Improvement Value $772,100 Tax Amount $42,998.52 Change Rate +0.072003% Assessed CR Tax Rate +0.025983%
Year 2022 Assessed Value $1,533,300 Land Value $882,800 Improvement Value $650,500 Tax Amount $40,110.44 Change Rate +0.0166% Assessed CR Tax Rate +0.02616%
Year 2021 Assessed Value $1,386,300 Land Value $802,600 Improvement Value $583,700 Tax Amount $39,455.46 Change Rate +0.001985% Assessed CR Tax Rate +0.028461%
Year 2020 Assessed Value $1,441,600 Land Value $802,600 Improvement Value $639,000 Tax Amount $39,377.3 Change Rate +0.155606% Assessed CR Tax Rate +0.027315%
Year 2019 Assessed Value $1,369,300 Land Value $802,600 Improvement Value $566,700 Tax Amount $34,075.02 Change Rate +0.025384% Assessed CR Tax Rate +0.024885%
Year 2018 Assessed Value $1,235,500 Land Value $668,800 Improvement Value $566,700 Tax Amount $33,231.48 Change Rate -0.074311% Assessed CR Tax Rate +0.026897%
Year 2017 Assessed Value $1,320,200 Land Value $668,800 Improvement Value $651,400 Tax Amount $35,899.18 Change Rate +0.045399% Assessed CR Tax Rate +0.027192%
Year 2016 Assessed Value $1,307,400 Land Value $668,800 Improvement Value $638,600 Tax Amount $34,340.18 Change Rate -0.005667% Assessed CR Tax Rate +0.026266%
Year 2014 Assessed Value $1,433,500 Land Value $668,800 Improvement Value $764,700 Tax Amount $34,535.88 Change Rate -0.112397% Assessed CR Tax Rate +0.024092%
Year 2013 Assessed Value $1,500,400 Land Value $735,700 Improvement Value $764,700 Tax Amount $38,909.14 Change Rate Assessed CR Tax Rate +0.025933%