4318 E Michigan St is a 580 square foot multi-family home on a 4,008 square foot lot with 3 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $105,759.
Multi-familyProperty Type
1928Year Built
4,008 sq ftLot Size
$182Est. Price/Sq.Ft.
1 car garageParking
Source:Public Records
Redfin Estimate
$105,759
$3,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 26.7% lower than the average sale price ($144K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
MU1
COMPACT
Mixed-Use One District
The MU-1 District is intended for the development of high-rise office uses and apartments intermixed, grouped in varying combinations or provided in the same building. MU-1 is designed for use along arterials with both high-traffic counts and positive pedestrian experience or demand. Appropriate settings for the MU-1 District include the midtown and uptown areas of the city, very near rapid transit stops, or in the midst of high intensity regional commercial complexes.
Zone overlays
Compact Context Area
Permitted uses
Include but are not limited to:
Community / recreation center
Bank
Housing-Group
Housing-Multiple units
Housing-Senior
Hotel / motel
Mixed use
Office
Public service
Communications tower
Property details
Interior
Basement Information
Basement Sq. Ft: 482
Basement Type: Partial
Bathroom Information
# of Bathroom Fixtures: 6
Heating & Cooling
Heating Type: Warm Air
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Fair
Construction Type: Wood
Building Type: Row Type
Property Information
Subdivision Name: TUXEDO PARK ADD
Living Sq. Ft: 580
Adjusted Gross Sq. Ft: 1,062
Ground Floor Sq. Ft: 580
Building Sq. Ft: 1,254
# of Stories: 1
Legal Description: TUXEDO PARK ADD L5 B14
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 192
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 4,008
Legal Lot Number: 5
Legal Block Number: 14
Municipality Name: INDIANPOLIS,CENTER
Acres: 0.092
Depth Footage: 100
Front Footage: 40
County Use Description: TWO FAMILY DWLG ON PLAT LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: —
Sq. Ft.: 580
Stories: 1.0
Lot Size: 4,008 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1928
Year Renovated: 1928
County: Marion County
APN: 491004119396000101
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Ralph Waldo Emerson School 58
Public PreK-5 • Assigned • 0.2mi
5/10
Thomas Carr Howe Middle School - An IB World School
Public 6-8 • Assigned • 0.7mi
1/10
Purdue Polytechnic High School - Englewood
Charter 9-12 • Assigned • 1.1mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46201
Average low and high temperatures (°F)
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81
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54
40
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28
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Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$101,000 – $122,000
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