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7405 Lantern Rd; Indianapolis, IN Property Details

7405 Lantern Rd, Indianapolis, IN is a Single Family that was built in 2015. This property is currently a cash purchase and is not for sale. Our records show that 7405 Lantern Rd has a total of 3,459 square feet. The lot size of 7405 Lantern Rd is 219,978 square feet.

Off market
7405 Lantern Rd Indianapolis, IN 46256
$585,800 Estimated Value
3,459 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2015
  • Open Loans / Balance: 2 / $319,785
  • Est. Equity / %: $200,215 / 38.5%
  • Gross Yield: 10.133%
  • APN: 49-01-30-126-002.000-400
  • Situs County: Marion
  • Length Of Ownership: 14 years

Structure

  • Building Style: Brick
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 3,459/SqFt
  • Lot: 219,978/SqFt
  • Gross: 5,666/SqFt
  • Garage: 625/SqFt
  • Living: 3,459/SqFt
  • Basement: 1,582/SqFt
  • Building: 5,666/SqFt
  • Ground: 3,459/SqFt

Legal Description

  • Description: PT NW1/4 SW1/4 S30 T17 R5 BEG 508.8FT S OF NW COR E1297FT S 169.85FT W 1297FT N 169.6FT TO BEG5.05AC
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: 39.88918 / -86.01339
  • Subdivision: Thompson Park, Section 2
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 2119
  • Bathroom Fixtures: 13
  • Cooling: Central
  • Garage: Attached Garage
  • Parking: 2

Ownership Info

7405 Lantern Rd has no associated ownership info
7405 Lantern Rd has no associated ownership info.

Taxes

7405 Lantern Rd has 10 associated Taxes items

7405 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 $585,800. The APN we've located for 7405 Lantern Rd is 49-01-30-126-002.000-400.

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Taxes
  • Assessed Value:  $585,800
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-01-30-126-002.000-400
  • Assessed Land Value:  114900
  • Market Land Value:  114900
  • Tax Amount:  6207.54
  • Tax Year:  2024
  • Market Value:  585800
  • Market Year:  2025

Tax History

7405 Lantern Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $585,800 Land Value $114,900 Improvement Value $470,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,207.54 Change Rate -0.015642% Assessed CR Tax Rate
Year 2023 Assessed Value $560,800 Land Value $114,900 Improvement Value $445,900 Tax Amount $6,306.18 Change Rate +0.049149% Assessed CR Tax Rate +0.011245%
Year 2022 Assessed Value $520,800 Land Value $114,900 Improvement Value $405,900 Tax Amount $6,010.76 Change Rate +0.074666% Assessed CR Tax Rate +0.011541%
Year 2021 Assessed Value $484,200 Land Value $114,900 Improvement Value $369,300 Tax Amount $5,593.14 Change Rate -0.122055% Assessed CR Tax Rate +0.011551%
Year 2020 Assessed Value $556,200 Land Value $114,900 Improvement Value $441,300 Tax Amount $6,370.72 Change Rate +0.195257% Assessed CR Tax Rate +0.011454%
Year 2019 Assessed Value $533,000 Land Value $114,900 Improvement Value $418,100 Tax Amount $5,330 Change Rate +0.017723% Assessed CR Tax Rate +0.01%
Year 2018 Assessed Value $502,300 Land Value $114,900 Improvement Value $387,400 Tax Amount $5,237.18 Change Rate +0.092449% Assessed CR Tax Rate +0.010426%
Year 2017 Assessed Value $479,400 Land Value $114,900 Improvement Value $364,500 Tax Amount $4,793.98 Change Rate +1.637504% Assessed CR Tax Rate +0.01%
Year 2016 Assessed Value $465,500 Land Value $114,900 Improvement Value $350,600 Tax Amount $1,817.62 Change Rate +0.044945% Assessed CR Tax Rate +0.003905%
Year 2014 Assessed Value $72,200 Land Value $72,200 Improvement Value Tax Amount $1,739.44 Change Rate -0.022677% Assessed CR Tax Rate +0.024092%
Year 2013 Assessed Value $72,200 Land Value $72,200 Improvement Value Tax Amount $1,779.8 Change Rate Assessed CR Tax Rate +0.024651%