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87 E 87th St; Indianapolis, IN Property Details

87 E 87th St, Indianapolis, IN is a Single Family that was built in 1966. This property is currently Financed and is not for sale. Our records show that 87 E 87th St has 3 bedrooms, and 1 bathroom, and a total of 2,434 square feet. The lot size of 87 E 87th St is 15,812 square feet.

Off market
87 E 87th St Indianapolis, IN 46240
$500,000 Listing Price
3 Beds
1 Baths
2,434 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1966
  • Purchase Price: $465,500
  • Open Loans / Balance: 1 / $343,538
  • Est. Equity / %: $152,462 / 30.74%
  • Gross Yield: 9.165%
  • APN: 49-03-14-121-044.000-800
  • Situs County: Marion
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 9

Structure

  • Building Style: Masonry
  • Stories: 1
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: Yes

Measurements

  • Total: 2,434/SqFt
  • Lot: 15,812/SqFt
  • Gross: 2,875/SqFt
  • Garage: 441/SqFt
  • Living: 2,434/SqFt
  • Building: 2,875/SqFt
  • Ground: 2,434/SqFt
  • Price Per Square Foot: $191.25

Legal Description

  • Description: NORTH MERIDIAN MANOR L10
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: 39.914043 / -86.15607
  • Subdivision: North Meridian Manor
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 1504
  • Bathroom Fixtures: 15
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

87 E 87th St has 10 associated Taxes items

87 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 $456,700. The APN we've located for 87 E 87th St is 49-03-14-121-044.000-800.

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Taxes
  • Assessed Value:  $456,700
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-03-14-121-044.000-800
  • Assessed Land Value:  37100
  • Market Land Value:  37100
  • Tax Amount:  3635.72
  • Tax Year:  2024
  • Market Value:  456700
  • Market Year:  2025

Tax History

87 E 87th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $456,700 Land Value $37,100 Improvement Value $419,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,635.72 Change Rate -0.00347% Assessed CR Tax Rate
Year 2023 Assessed Value $280,500 Land Value $37,100 Improvement Value $243,400 Tax Amount $3,648.38 Change Rate +0.005845% Assessed CR Tax Rate +0.013007%
Year 2022 Assessed Value $266,300 Land Value $37,100 Improvement Value $229,200 Tax Amount $3,627.18 Change Rate +0.082708% Assessed CR Tax Rate +0.013621%
Year 2021 Assessed Value $241,000 Land Value $31,000 Improvement Value $210,000 Tax Amount $3,350.1 Change Rate +0.136359% Assessed CR Tax Rate +0.013901%
Year 2020 Assessed Value $233,900 Land Value $31,000 Improvement Value $202,900 Tax Amount $2,948.1 Change Rate +0.064496% Assessed CR Tax Rate +0.012604%
Year 2019 Assessed Value $233,900 Land Value $31,000 Improvement Value $202,900 Tax Amount $2,769.48 Change Rate +0.033635% Assessed CR Tax Rate +0.01184%
Year 2018 Assessed Value $221,000 Land Value $31,000 Improvement Value $190,000 Tax Amount $2,679.36 Change Rate +0.07484% Assessed CR Tax Rate +0.012124%
Year 2017 Assessed Value $207,400 Land Value $31,000 Improvement Value $176,400 Tax Amount $2,492.8 Change Rate +0.122539% Assessed CR Tax Rate +0.012019%
Year 2016 Assessed Value $217,900 Land Value $31,000 Improvement Value $186,900 Tax Amount $2,220.68 Change Rate +0.030861% Assessed CR Tax Rate +0.010191%
Year 2014 Assessed Value $210,900 Land Value $31,000 Improvement Value $179,900 Tax Amount $2,154.2 Change Rate -0.027756% Assessed CR Tax Rate +0.010214%
Year 2013 Assessed Value $210,900 Land Value $31,000 Improvement Value $179,900 Tax Amount $2,215.7 Change Rate Assessed CR Tax Rate +0.010506%