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8520 Morgantown Rd; Indianapolis, IN Property Details

8520 Morgantown Rd, Indianapolis, IN is a Single Family that was built in 1942. This property is currently Financed and is for sale. Our records show that 8520 Morgantown Rd has 2 bedrooms, and 1 bathroom, and a total of 912 square feet. The lot size of 8520 Morgantown Rd is 87,120 square feet.

On Market for 156 days
8520 Morgantown Rd Indianapolis, IN 46217
$245,000 Listing Price
2 Beds
1 Baths
912 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1942
  • Purchase Price: $215,000
  • Open Loans / Balance: 1 / $198,378
  • Est. Equity / %: $60,622 / 23.41%
  • Gross Yield: 9.277%
  • APN: 49-14-21-120-021.000-500
  • Situs County: Marion
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 912/SqFt
  • Lot: 87,120/SqFt
  • Gross: 1,368/SqFt
  • Garage: 528/SqFt
  • Living: 912/SqFt
  • Basement: 456/SqFt
  • Building: 1,368/SqFt
  • Ground: 912/SqFt
  • Price Per Square Foot: $235.75

Legal Description

  • Description: 663.30FT X 134.94FT BEG 1913.475FT N OF SE CORSE1/4 S21 T14 R3 2AC
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Perry Township Metropolitan School District
  • Lat / Lon: 39.63986 / -86.19766
  • Subdivision: Na
  • Property Class: Residential
  • County Use Code: 511

Amenities

  • Plus Four: 4499
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

8520 Morgantown Rd has no associated ownership info
8520 Morgantown Rd has no associated ownership info.

Taxes

8520 Morgantown Rd has 10 associated Taxes items

8520 Morgantown 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 $221,200. The APN we've located for 8520 Morgantown Rd is 49-14-21-120-021.000-500.

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Taxes
  • Assessed Value:  $221,200
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-14-21-120-021.000-500
  • Assessed Land Value:  30800
  • Market Land Value:  30800
  • Tax Amount:  2786.86
  • Tax Year:  2025
  • Market Value:  221200
  • Market Year:  2025

Tax History

8520 Morgantown Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $221,200 Land Value $30,800 Improvement Value $190,400 Tax Amount $2,786.86 Change Rate +0.080773% Assessed CR Tax Rate +0.012599%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,578.58 Change Rate +0.066569% Assessed CR Tax Rate
Year 2023 Assessed Value $182,100 Land Value $30,800 Improvement Value $151,300 Tax Amount $2,417.64 Change Rate +0.015747% Assessed CR Tax Rate +0.013276%
Year 2022 Assessed Value $171,400 Land Value $30,800 Improvement Value $140,600 Tax Amount $2,380.16 Change Rate +0.12713% Assessed CR Tax Rate +0.013887%
Year 2021 Assessed Value $149,200 Land Value $30,800 Improvement Value $118,400 Tax Amount $2,111.7 Change Rate +0.084581% Assessed CR Tax Rate +0.014153%
Year 2020 Assessed Value $146,400 Land Value $30,800 Improvement Value $115,600 Tax Amount $1,947.02 Change Rate +0.277555% Assessed CR Tax Rate +0.013299%
Year 2019 Assessed Value $124,100 Land Value $30,800 Improvement Value $93,300 Tax Amount $1,524.02 Change Rate +0.063102% Assessed CR Tax Rate +0.012281%
Year 2018 Assessed Value $112,300 Land Value $30,800 Improvement Value $81,500 Tax Amount $1,433.56 Change Rate +0.04221% Assessed CR Tax Rate +0.012765%
Year 2017 Assessed Value $109,700 Land Value $30,800 Improvement Value $78,900 Tax Amount $1,375.5 Change Rate +1.641839% Assessed CR Tax Rate +0.012539%
Year 2016 Assessed Value $87,700 Land Value $30,800 Improvement Value $56,900 Tax Amount $520.66 Change Rate +0.155071% Assessed CR Tax Rate +0.005937%
Year 2014 Assessed Value $85,200 Land Value $30,800 Improvement Value $54,400 Tax Amount $450.76 Change Rate -0.070099% Assessed CR Tax Rate +0.005291%
Year 2013 Assessed Value $85,200 Land Value $30,800 Improvement Value $54,400 Tax Amount $484.74 Change Rate Assessed CR Tax Rate +0.005689%