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7224 E 50th St; Indianapolis, IN Property Details

7224 E 50th St, Indianapolis, IN is a Single Family that was built in 1960. This property is currently Financed,Intra-Family and is not for sale. Our records show that 7224 E 50th St has 1.5 bathrooms, and a total of 3,728 square feet. The lot size of 7224 E 50th St is 7,710 square feet.

Off market  •   Pre Probate ✓
7224 E 50th St Indianapolis, IN 46226
$298,900 Estimated Value
1.5 Baths
3,728 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1960
  • Purchase Price: $118,100
  • Est. Equity / %: $273,000 / 100%
  • Gross Yield: 10.989%
  • APN: 49-07-12-112-030.000-407
  • Situs County: Marion
  • Length Of Ownership: 4 years, 9 months

Rooms

  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 3,728/SqFt
  • Lot: 7,710/SqFt
  • Gross: 4,448/SqFt
  • Garage: 720/SqFt
  • Living: 3,728/SqFt
  • Building: 4,448/SqFt
  • Ground: 3,728/SqFt
  • Price Per Square Foot: $31.68

Legal Description

  • Description: NORTH LAWRENCE PK 7TH SEC L495
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lawrence Township Metropolitan School District
  • Lat / Lon: 39.84541 / -86.0409
  • Subdivision: North Lawrence Pk 7th Sec
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 2775
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

7224 E 50th St has no associated ownership info
7224 E 50th St has no associated ownership info.

Taxes

7224 E 50th St has 10 associated Taxes items

7224 E 50th 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 $298,900. The APN we've located for 7224 E 50th St is 49-07-12-112-030.000-407.

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Taxes
  • Assessed Value:  $298,900
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-07-12-112-030.000-407
  • Assessed Land Value:  17000
  • Market Land Value:  17000
  • Tax Amount:  5727.34
  • Tax Year:  2024
  • Market Value:  298900
  • Market Year:  2025

Tax History

7224 E 50th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $298,900 Land Value $17,000 Improvement Value $281,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,727.34 Change Rate +0.047609% Assessed CR Tax Rate
Year 2023 Assessed Value $246,300 Land Value $17,000 Improvement Value $229,300 Tax Amount $5,467.06 Change Rate +0.088874% Assessed CR Tax Rate +0.022197%
Year 2022 Assessed Value $224,100 Land Value $17,000 Improvement Value $207,100 Tax Amount $5,020.84 Change Rate +1.398047% Assessed CR Tax Rate +0.022404%
Year 2021 Assessed Value $179,900 Land Value $17,000 Improvement Value $162,900 Tax Amount $2,093.72 Change Rate +0.106875% Assessed CR Tax Rate +0.011638%
Year 2020 Assessed Value $169,800 Land Value $13,200 Improvement Value $156,600 Tax Amount $1,891.56 Change Rate +0.145303% Assessed CR Tax Rate +0.01114%
Year 2019 Assessed Value $165,000 Land Value $13,200 Improvement Value $151,800 Tax Amount $1,651.58 Change Rate -0.025179% Assessed CR Tax Rate +0.01001%
Year 2018 Assessed Value $159,900 Land Value $13,200 Improvement Value $146,700 Tax Amount $1,694.24 Change Rate +0.066445% Assessed CR Tax Rate +0.010596%
Year 2017 Assessed Value $149,700 Land Value $13,200 Improvement Value $136,500 Tax Amount $1,588.68 Change Rate +0.090377% Assessed CR Tax Rate +0.010612%
Year 2016 Assessed Value $140,600 Land Value $13,200 Improvement Value $127,400 Tax Amount $1,457 Change Rate +0.062743% Assessed CR Tax Rate +0.010363%
Year 2014 Assessed Value $137,100 Land Value $13,200 Improvement Value $123,900 Tax Amount $1,370.98 Change Rate +0.040197% Assessed CR Tax Rate +0.01%
Year 2013 Assessed Value $131,800 Land Value $13,200 Improvement Value $118,600 Tax Amount $1,318 Change Rate Assessed CR Tax Rate +0.01%