1040 E Indian School Rd, Phoenix, AZ 85014 Property Records

Maricopa County property record for 1040 E Indian School Rd, Phoenix, AZ 85014

Property Summary

Property TypeCommercial
Details1 bd · 2,572 sqft · built 1934
Lot Size0.193 acres (8,415 sqft)
OwnerCompany Name on File
Last Sale$1,000,000 (Aug 2022)
Tax Bill$3,459 (2025)
Deeds & MortgagesJun 2021 Mortgage
Mar 2022 Mortgage
+ 7 more
Flood ZoneZone X (moderate risk)
APN155-16-105-B

Property Details

APN / Parcel Number

Primary APN155-16-105-B
Alternative APN
  • 15516105B5

Interior

Bedrooms1 Bed
Stories1 Story
Building Area2,572 sqft Gross Area
1st Floor Area2,572 sqft
Storm ShelterStorm Shelter
Storm ShuttersStorm Shutters

Exterior

Year BuiltBuilt 1934
Effective Year BuiltEffective 1934
Exterior MaterialConcrete Block
Construction TypeTilt-Up Concrete
Fire ResistanceMasonry Walls, Wood Interior
Roof MaterialBuilt-Up Asphalt
Lot Area8,415 sqft (0.193 acres)
Garage Area350 sqft
Utility Building1,610 sqft
Total Buildings2 Buildings

Utilities, Heating & Cooling

Cooling SystemEvaporative
SewerMunicipal

Location & Zoning

Street Address1040 E INDIAN SCHOOL RD
CityPHOENIX
StateAZ
Zip85014-4810
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeC-C
Legal Description10TH PLACE SQUARE MCR 1017-23
Legal Range3E
Legal Township2N
Legal Section21
Legal Subdivision10TH PLACE SQUARE
Legal Lot Number1
JurisdictionMARICOPA AZ
Township / Civil DivisionPHOENIX
Census Block Group2
Census Block2009
Census Tract108601

Owner

Source: Maricopa County records · APN 155-16-105-B

Assessment roll updated October 22, 2025 · Last verified April 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address4340 E CORONADO RD, PHOENIX, AZ 85008-4019
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

DateDocument
Jun 25, 2021Deed of Trust, Mortgage · Commercial Mortgage
SDBP LLC
Mar 09, 2022Deed of Trust, Mortgage · Commercial Mortgage
BLUEPRINT CAPITAL INCOME REIT INC
Feb 02, 2023Deed of Trust, Mortgage · Commercial Mortgage
THE MORTGAGE CAPITAL DEVELOPMENT CORP
Aug 09, 2022Deed of Trust, Mortgage · Commercial Mortgage
JPMORGAN CHASE BANK NA
Aug 09, 2022Special Warranty Deed, Transfer · Commercial Mortgage
JPMORGAN CHASE BANK NA
May 15, 2019Deed of Trust, Mortgage · Line of Credit
MIDFIRST BANK
Feb 19, 2021Special Warranty Deed, Transfer · Seller Carry-Back
MEHMED DAPCEVIC
Apr 18, 2019Special Warranty Deed, Transfer · Line of Credit
MIDFIRST BANK
Apr 18, 2019Grant Deed, Transfer
NOT AVAILABLE

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleAug 09, 2022 · Amount on Record
Deed SaleAug 09, 2022 · Amount on Record
Prior SaleFeb 19, 2021 · Amount on Record
Deed Document Number2022630598
Record UpdatedJun 08, 2026

June 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address1040 E INDIAN SCHOOL RD, PHOENIX, AZ 85014-4810
Transaction TypeMortgage
Record UpdatedMar 05, 2024
Title CompanyACCOMODATION, ACCOMMODATION

Transferred To (Grantee/Buyer)

NameVerified Name
Address5527 N 7TH ST, PHOENIX, AZ 85014-2502

Mortgage

Document Number0000700699
DateJun 25, 2021
Instrument20210700699
Lender
NameSDBP LLC
TypeNon-Lending Institution
AddressSEATTLE, WA 98116
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

March 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address1040 E INDIAN SCHOOL RD, PHOENIX, AZ 85014-4810
Transaction TypeMortgage
Record UpdatedMar 05, 2024
Title CompanySTEWART TITLE, STEWART TTL & TR OF PHOENIX

Transferred To (Grantee/Buyer)

NameVerified Name
Address5227 N 7TH ST, PHOENIX, AZ 85014-2802

Mortgage

Document Number0000214056
DateMar 09, 2022
Instrument20220214056
Lender
NameBLUEPRINT CAPITAL INCOME REIT INC
TypeNon-Lending Institution
AddressSEATTLE, WA 98116
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

February 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address1040 E INDIAN SCHOOL RD, PHOENIX, AZ 85014-4810
Transaction TypeMortgage
Record UpdatedMar 05, 2024
Title CompanyCOMMONWEALTH LAND TITLE INSURANCE, COMMONWEALTH LAND TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address1040 E INDIAN SCHOOL RD, PHOENIX, AZ 85014-4810

Mortgage

Document Number0000055900
DateFeb 02, 2023
Instrument20230055900
Lender
NameTHE MORTGAGE CAPITAL DEVELOPMENT CORP
TypeMortgage Company
AddressOAKLAND, CA 94612
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

August 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address1040 E INDIAN SCHOOL RD, PHOENIX, AZ 85014-4810
Transaction TypeMortgage
Record UpdatedMar 05, 2024
Title CompanyCOMMONWEALTH LAND TITLE INSURANCE, COMMONWEALTH LAND TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address1028 E INDIAN SCHOOL RD, PHOENIX, AZ 85014-4810

Mortgage

Document Number0000630600
DateAug 09, 2022
Instrument20220630600
Lender
NameJPMORGAN CHASE BANK NA
TypeBank
AddressPEORIA, AZ 85382
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

August 2022: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateAug 09, 2022
Property Address1040 E INDIAN SCHOOL RD, PHOENIX, AZ 85014-4810
Document Number0000630598
Map ReferenceMB 1017 PG 23
Instrument DateAug 01, 2022
Instrument20220630598
Transaction TypeTransfer
Record UpdatedMar 05, 2024
Title CompanyCOMMONWEALTH LAND TTL INS CO

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address6125 N 5TH PL, PHOENIX, AZ 85012-1220

Transferred To (Grantee/Buyer)

NameVerified Name
Address4340 E CORONADO RD, PHOENIX, AZ 85008-4019

Mortgage

Document Number0000630599
DateAug 09, 2022
Instrument20220630599
Lender
NameJPMORGAN CHASE BANK NA
TypeBank
AddressPEORIA, AZ 85382
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

May 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address1040 E INDIAN SCHOOL RD, PHOENIX, AZ 85014-4810
Transaction TypeMortgage
Record UpdatedDec 21, 2021
Title CompanySTEWART TITLE, STEWART TTL & TR OF PHOENIX

Transferred To (Grantee/Buyer)

NameVerified Name
Address853 CANDLELIGHT PL, LA JOLLA, CA 92037-7714

Mortgage

Document Number0000355396
DateMay 15, 2019
Instrument20190355396
Lender
NameMIDFIRST BANK
TypeBank
AddressOKLAHOMA CITY, OK 73162
Agreement
TypeLine of Credit
AmountAmount Recorded
Term120 Months
DueMay 01, 2029

February 2021: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateFeb 19, 2021
Property Address1040 E INDIAN SCHOOL RD, PHOENIX, AZ 85014-4810
Document Number0000188566
Map ReferenceMB 1017 PG 23
Instrument DateFeb 04, 2021
Instrument20210188566
Transaction TypeTransfer
Record UpdatedMar 05, 2024
Title CompanySTEWART TITLE, STEWART TTL & TR OF PHOENIX

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address5319 GRANT ST, SAN DIEGO, CA 92110-4010

Transferred To (Grantee/Buyer)

NameVerified Name
Address5227 N 7TH ST, PHOENIX, AZ 85014-2802

Mortgage

Document Number0000188567
DateFeb 19, 2021
Instrument20210188567
Lender
NameMEHMED DAPCEVIC
TypeSeller
Agreement
TypeSeller Carry-Back
AmountAmount Recorded

April 2019: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateApr 18, 2019
Property Address1040 E INDIAN SCHOOL RD, PHOENIX, AZ 85014-4810
Document Number0000272472
Map ReferenceMB 1017 PG 23
Instrument DateApr 17, 2019
Instrument20190272472
Transaction TypeTransfer
Record UpdatedSep 13, 2021
Title CompanySTEWART TTL & TR OF PHOENIX

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address920 E DEVONSHIRE AVE # AVE4009, 920, PHOENIX, AZ 85014-4613

Transferred To (Grantee/Buyer)

NameVerified Name
Address5319 GRANT ST, SAN DIEGO, CA 92110-4010

Mortgage

Document Number0000272473
DateApr 18, 2019
Instrument20190272473
Lender
NameMIDFIRST BANK
TypeBank
Agreement
TypeLine of Credit
AmountAmount Recorded
Term119 Months
DueMar 01, 2029

April 2019: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionMARICOPA AZ
Recording DateApr 18, 2019
Property Address1040 E INDIAN SCHOOL RD, PHOENIX, AZ 85014-4810
Document Number0000272473
Instrument DateMar 01, 2019
Instrument272473
Transaction TypeTransfer
Record UpdatedMay 16, 2019
Title CompanyNOT AVAILABLE

Transaction

AmountAmount Recorded
Tax$285.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address319 GRANT ST SAN DIEGO CA 92110, SAN DIEGO, CA 92110

Tax Assessment & Valuation

Source: Maricopa County records · Assessment roll updated October 22, 2025 · Last verified April 2026

Property Jurisdictions

TypeName
StateArizona
CountyMaricopa County
MunicipalityPhoenix City
Elementary School DistrictOsborn Elementary District (PK - 08)
Secondary School DistrictPhoenix Union High School District (09 - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2026$48,681 (+82.76%)$314,068 (+11.24%) Land $223,500 Building $90,568
2025$3,459.00 (+0.82%)$26,637 (-41.78%)$282,329 (+1.82%) Land $196,200 Building $86,129
2024$45,753$277,290 Land $192,300 Building $84,990
2023$3,431.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of October 2, 2026 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims3 (1978–1994)
Claims Outside the SFHA1 of 3
Most Recent ClaimSep 1994 · rainfall accumulation

Wildfire

Wildfire RiskNot rated
no burnable land within ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

ProviderMax Down / Up (Mbps)
Cox Communications
Cable
2,000 / 100
Wi-Fiber
Fixed Wireless
400 / 400
Verizon
Fixed Wireless
300 / 20
AirFiber WISP
Fixed Wireless
100 / 25
AT&T
Fixed Wireless
100 / 20

May also be available: California Internet, Lumen Technologies.

Based on FCC filings for 683 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water SystemCITY OF PHOENIX
serves 1,695,000 people
Water SourceSurface water
Last State InspectionDec 2025
Lead3 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityTurbidity
resolved · Jan 2021
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
last 3 years

Results are for the whole water system as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.

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