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7231 Lantern Rd; Indianapolis, IN Property Details

7231 Lantern Rd, Indianapolis, IN is a Single Family that was built in 1966. This property is currently Financed and is not for sale. Our records show that 7231 Lantern Rd has 3 bathrooms, and a total of 2,201 square feet. The lot size of 7231 Lantern Rd is 26,397 square feet.

Off market
7231 Lantern Rd Indianapolis, IN 46256
$397,400 Estimated Value
3 Baths
2,201 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1966
  • Purchase Price: $140,000
  • Open Loans / Balance: 1 / $91,618
  • Est. Equity / %: $358,382 / 79.64%
  • APN: 49-01-30-119-015.000-400
  • Situs County: Marion
  • Length Of Ownership: 8 years, 9 months

Rooms

  • Bathrooms: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 2

Structure

  • Building Style: Brick
  • Stories: 2
  • Building Condition: Average
  • Building Quality: A
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,201/SqFt
  • Lot: 26,397/SqFt
  • Gross: 4,879/SqFt
  • Garage: 529/SqFt
  • Living: 2,201/SqFt
  • Basement: 1,273/SqFt
  • Building: 4,879/SqFt
  • Ground: 1,273/SqFt
  • Price Per Square Foot: $63.61

Legal Description

  • Description: LANTERN HILLS 3RD SEC LOT 102
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Lawrence Township Metropolitan School District
  • Lat / Lon: 39.886436 / -86.013435
  • Subdivision: Lantern Hills 3rd Sec
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 2115
  • Bathroom Fixtures: 9
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $122
  • H O A Amount: $122
  • H O A One Frequency: Monthly
  • H O A One Type: Home Owner Association

Ownership Info

7231 Lantern Rd has no associated ownership info
7231 Lantern Rd has no associated ownership info.

Taxes

7231 Lantern Rd has 10 associated Taxes items

7231 Lantern 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 $397,400. The APN we've located for 7231 Lantern Rd is 49-01-30-119-015.000-400.

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Taxes
  • Assessed Value:  $397,400
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-01-30-119-015.000-400
  • Assessed Land Value:  60600
  • Market Land Value:  60600
  • Tax Amount:  4058.72
  • Tax Year:  2024
  • Market Value:  397400
  • Market Year:  2025

Tax History

7231 Lantern Rd has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $397,400 Land Value $60,600 Improvement Value $336,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,058.72 Change Rate +0.008338% Assessed CR Tax Rate
Year 2023 Assessed Value $352,600 Land Value $60,600 Improvement Value $292,000 Tax Amount $4,025.16 Change Rate +0.056312% Assessed CR Tax Rate +0.011416%
Year 2022 Assessed Value $325,600 Land Value $60,600 Improvement Value $265,000 Tax Amount $3,810.58 Change Rate +0.109591% Assessed CR Tax Rate +0.011703%
Year 2021 Assessed Value $291,300 Land Value $36,200 Improvement Value $255,100 Tax Amount $3,434.22 Change Rate Assessed CR Tax Rate +0.011789%