Large Location Icon

7400 Lantern Rd; Indianapolis, IN Property Details

7400 Lantern Rd, Indianapolis, IN is a Single Family that was built in 1973. This property is currently a cash purchase and is not for sale. Our records show that 7400 Lantern Rd has 4 bedrooms, and 3.5 bathrooms, and a total of 5,230 square feet. The lot size of 7400 Lantern Rd is 432,551 square feet.

Off market
7400 Lantern Rd Indianapolis, IN 46256
$549,900 Listing Price
4 Beds
3.5 Baths
5,230 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1973
  • Open Loans: 1
  • Gross Yield: 2.127%
  • APN: 49-02-25-146-004.000-400
  • Situs County: Marion
  • Length Of Ownership: 9 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Masonry
  • Stories: 2
  • Building Condition: Fair
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: None
  • Attic: true

Measurements

  • Total: 5,230/SqFt
  • Lot: 432,551/SqFt
  • Attic: 1,392/SqFt
  • Gross: 7,223/SqFt
  • Garage: 696/SqFt
  • Living: 5,230/SqFt
  • Basement: 2,053/SqFt
  • Building: 7,223/SqFt
  • Ground: 3,778/SqFt
  • Attic Finished: 696/SqFt
  • Basement Finished: 756/SqFt
  • Basement Unfinished: 1,297/SqFt

Legal Description

  • Description: PT NE1/4 SE1/4 S25 T17 R4 BEG 396FT W OF SE COR W970.9FT NE IRR 773.59FT SE IRR 902.4FT S 227FT W396FT S 220FT TO BEG 9.93AC
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Lawrence Township Metropolitan School District
  • Lat / Lon: 39.88812 / -86.01648
  • Property Class: Residential
  • County Use Code: 511

Amenities

  • Plus Four: 2120
  • Bathroom Fixtures: 15
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

7400 Lantern Rd has no associated ownership info
7400 Lantern Rd has no associated ownership info.

Taxes

7400 Lantern Rd has 10 associated Taxes items

7400 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 $723,500. The APN we've located for 7400 Lantern Rd is 49-02-25-146-004.000-400.

Unlock the full report
Taxes
  • Assessed Value:  $723,500
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-02-25-146-004.000-400
  • Assessed Land Value:  186100
  • Market Land Value:  186100
  • Tax Amount:  9051.36
  • Tax Year:  2024
  • Market Value:  723500
  • Market Year:  2025

Tax History

7400 Lantern Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $723,500 Land Value $186,100 Improvement Value $537,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $9,051.36 Change Rate -0.11551% Assessed CR Tax Rate
Year 2023 Assessed Value $714,800 Land Value $186,100 Improvement Value $528,700 Tax Amount $10,233.42 Change Rate +0.037386% Assessed CR Tax Rate +0.014316%
Year 2022 Assessed Value $673,500 Land Value $186,100 Improvement Value $487,400 Tax Amount $9,864.62 Change Rate +0.011034% Assessed CR Tax Rate +0.014647%
Year 2021 Assessed Value $633,100 Land Value $186,100 Improvement Value $447,000 Tax Amount $9,756.96 Change Rate +0.154211% Assessed CR Tax Rate +0.015411%
Year 2020 Assessed Value $544,400 Land Value $186,100 Improvement Value $358,300 Tax Amount $8,453.36 Change Rate +0.135356% Assessed CR Tax Rate +0.015528%
Year 2019 Assessed Value $532,000 Land Value $186,100 Improvement Value $345,900 Tax Amount $7,445.56 Change Rate -0.042034% Assessed CR Tax Rate +0.013995%
Year 2018 Assessed Value $525,300 Land Value $186,100 Improvement Value $339,200 Tax Amount $7,772.26 Change Rate -0.021801% Assessed CR Tax Rate +0.014796%
Year 2017 Assessed Value $536,500 Land Value $186,100 Improvement Value $350,400 Tax Amount $7,945.48 Change Rate +0.054471% Assessed CR Tax Rate +0.01481%
Year 2016 Assessed Value $523,500 Land Value $186,100 Improvement Value $337,400 Tax Amount $7,535.04 Change Rate +0.501638% Assessed CR Tax Rate +0.014394%
Year 2014 Assessed Value $546,000 Land Value $186,100 Improvement Value $359,900 Tax Amount $5,017.88 Change Rate -0.304895% Assessed CR Tax Rate +0.00919%
Year 2013 Assessed Value $519,500 Land Value $186,100 Improvement Value $333,400 Tax Amount $7,218.88 Change Rate Assessed CR Tax Rate +0.013896%