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738 Mellowood Dr; Indianapolis, IN Property Details

738 Mellowood Dr, Indianapolis, IN is a Single Family that was built in 1968. This property is currently a cash purchase and is not for sale. Our records show that 738 Mellowood Dr has 3 bedrooms, and 2 bathrooms, and a total of 2,270 square feet. The lot size of 738 Mellowood Dr is 20,081 square feet.

Off market
738 Mellowood Dr Indianapolis, IN 46217
$293,000 Estimated Value
3 Beds
2 Baths
2,270 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1968
  • Open Loans / Balance: 1 / $232,806
  • Est. Equity / %: $64,194 / 21.61%
  • Gross Yield: 10.291%
  • APN: 49-14-23-103-031.000-500
  • Situs County: Marion
  • Length Of Ownership: 14 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 2

Structure

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

Measurements

  • Total: 2,270/SqFt
  • Lot: 20,081/SqFt
  • Gross: 2,795/SqFt
  • Garage: 525/SqFt
  • Living: 2,270/SqFt
  • Building: 2,795/SqFt
  • Ground: 2,270/SqFt

Legal Description

  • Description: HILL VALLEY EST 16TH SEC L716
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Perry Township Metropolitan School District
  • Lat / Lon: 39.643024 / -86.17355
  • Subdivision: Hill Valley Est 16th Sec
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Pool: true
  • Plus Four: 4844
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $45
  • H O A Amount: $45
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

738 Mellowood Dr has no associated ownership info
738 Mellowood Dr has no associated ownership info.

Taxes

738 Mellowood Dr has 10 associated Taxes items

738 Mellowood Dr, 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 $293,000. The APN we've located for 738 Mellowood Dr is 49-14-23-103-031.000-500.

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Taxes
  • Assessed Value:  $293,000
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-14-23-103-031.000-500
  • Assessed Land Value:  38400
  • Market Land Value:  38400
  • Tax Amount:  3575.18
  • Tax Year:  2025
  • Market Value:  293000
  • Market Year:  2025

Tax History

738 Mellowood Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $293,000 Land Value $38,400 Improvement Value $254,600 Tax Amount $3,575.18 Change Rate -0.053148% Assessed CR Tax Rate +0.012202%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,775.86 Change Rate +0.039369% Assessed CR Tax Rate
Year 2023 Assessed Value $276,300 Land Value $38,400 Improvement Value $237,900 Tax Amount $3,632.84 Change Rate +0.066325% Assessed CR Tax Rate +0.013148%
Year 2022 Assessed Value $253,000 Land Value $38,400 Improvement Value $214,600 Tax Amount $3,406.88 Change Rate +0.184285% Assessed CR Tax Rate +0.013466%
Year 2021 Assessed Value $211,300 Land Value $38,400 Improvement Value $172,900 Tax Amount $2,876.74 Change Rate +0.22111% Assessed CR Tax Rate +0.013614%
Year 2020 Assessed Value $181,300 Land Value $38,400 Improvement Value $142,900 Tax Amount $2,355.84 Change Rate +0.057417% Assessed CR Tax Rate +0.012994%
Year 2019 Assessed Value $171,200 Land Value $25,100 Improvement Value $146,100 Tax Amount $2,227.92 Change Rate -0.040756% Assessed CR Tax Rate +0.013014%
Year 2018 Assessed Value $171,700 Land Value $25,100 Improvement Value $146,600 Tax Amount $2,322.58 Change Rate +0.033958% Assessed CR Tax Rate +0.013527%
Year 2017 Assessed Value $166,200 Land Value $25,100 Improvement Value $141,100 Tax Amount $2,246.3 Change Rate +0.240693% Assessed CR Tax Rate +0.013516%
Year 2016 Assessed Value $155,900 Land Value $25,100 Improvement Value $130,800 Tax Amount $1,810.52 Change Rate -0.04056% Assessed CR Tax Rate +0.011613%
Year 2014 Assessed Value $158,400 Land Value $25,100 Improvement Value $133,300 Tax Amount $1,887.06 Change Rate -0.070295% Assessed CR Tax Rate +0.011913%
Year 2013 Assessed Value $164,600 Land Value $25,100 Improvement Value $139,500 Tax Amount $2,029.74 Change Rate Assessed CR Tax Rate +0.012331%