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859 E 87th St; Indianapolis, IN Property Details

859 E 87th St, Indianapolis, IN is a Single Family that was built in 1956. This property is currently Cash Purchase,Intra-Family and is not for sale. Our records show that 859 E 87th St has 2 bedrooms, and a total of 1,485 square feet. The lot size of 859 E 87th St is 24,132 square feet.

Off market
859 E 87th St Indianapolis, IN 46240
$293,700 Estimated Value
2 Beds
1,485 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $185,000
  • Open Loans / Balance: 2 / $216,694
  • Est. Equity / %: $94,306 / 30.32%
  • Gross Yield: 9.554%
  • APN: 49-03-13-116-001.000-800
  • Situs County: Marion
  • Length Of Ownership: 9 years

Rooms

  • Bedrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Stone
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,485/SqFt
  • Lot: 24,132/SqFt
  • Gross: 3,180/SqFt
  • Garage: 441/SqFt
  • Living: 1,485/SqFt
  • Basement: 1,254/SqFt
  • Building: 3,180/SqFt
  • Ground: 1,485/SqFt
  • Price Per Square Foot: $124.58

Legal Description

  • Description: COLLEGE-WAY ADD PT BLOCK A BEG 510 E & 315 N OF SW COR POB N105 E230 S105 W230 TO BEG
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Washington Township Metropolitan School District
  • Lat / Lon: 39.91437 / -86.14265
  • Subdivision: College-Way Add
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 1817
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

859 E 87th St has no associated ownership info
859 E 87th St has no associated ownership info.

Taxes

859 E 87th St has 10 associated Taxes items

859 E 87th St, 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 $293,700. The APN we've located for 859 E 87th St is 49-03-13-116-001.000-800.

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Taxes
  • Assessed Value:  $293,700
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-03-13-116-001.000-800
  • Assessed Land Value:  51000
  • Market Land Value:  51000
  • Tax Amount:  3493.62
  • Tax Year:  2025
  • Market Value:  293700
  • Market Year:  2025

Tax History

859 E 87th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $293,700 Land Value $51,000 Improvement Value $242,700 Tax Amount $3,493.62 Change Rate -0.045647% Assessed CR Tax Rate +0.011895%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,660.72 Change Rate +0.07413% Assessed CR Tax Rate
Year 2023 Assessed Value $268,600 Land Value $51,000 Improvement Value $217,600 Tax Amount $3,408.08 Change Rate +0.036722% Assessed CR Tax Rate +0.012688%
Year 2022 Assessed Value $214,500 Land Value $51,000 Improvement Value $163,500 Tax Amount $3,287.36 Change Rate +0.180694% Assessed CR Tax Rate +0.015326%
Year 2021 Assessed Value $203,900 Land Value $26,300 Improvement Value $177,600 Tax Amount $2,784.26 Change Rate +0.201168% Assessed CR Tax Rate +0.013655%
Year 2020 Assessed Value $187,100 Land Value $26,300 Improvement Value $160,800 Tax Amount $2,317.96 Change Rate +0.15009% Assessed CR Tax Rate +0.012389%
Year 2019 Assessed Value $175,300 Land Value $26,300 Improvement Value $149,000 Tax Amount $2,015.46 Change Rate +0.018846% Assessed CR Tax Rate +0.011497%
Year 2018 Assessed Value $169,400 Land Value $26,300 Improvement Value $143,100 Tax Amount $1,978.18 Change Rate +0.119564% Assessed CR Tax Rate +0.011678%
Year 2017 Assessed Value $161,800 Land Value $26,300 Improvement Value $135,500 Tax Amount $1,766.92 Change Rate +0.353547% Assessed CR Tax Rate +0.01092%
Year 2016 Assessed Value $155,000 Land Value $26,300 Improvement Value $128,700 Tax Amount $1,305.4 Change Rate -0.018319% Assessed CR Tax Rate +0.008422%
Year 2014 Assessed Value $152,800 Land Value $26,300 Improvement Value $126,500 Tax Amount $1,329.76 Change Rate +0.171491% Assessed CR Tax Rate +0.008703%
Year 2013 Assessed Value $144,200 Land Value $26,300 Improvement Value $117,900 Tax Amount $1,135.1 Change Rate Assessed CR Tax Rate +0.007872%