1057 E 54th St, Indianapolis, IN 46220 Property Records

Marion County property record for 1057 E 54th St, Indianapolis, IN 46220

Property Summary

Property Type	Regional Shopping Center, Mall
Details	33,376 sqft · built 1938
Lot Size	1 acres (43,560 sqft)
Owner	Company Name on File
Tax Bill	$23,953 (2025)
Deeds & Mortgages	Mar 2020 Loan Modification Feb 2017 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`49-07-07-137-006.000-801`

Property Details

APN / Parcel Number

Primary APN	`49-07-07-137-006.000-801`
Alternative APN	`8054589`

Interior

Stories	1 Story
Building Area	33,376 sqft Gross Area
1st Floor Area	33,376 sqft

Exterior

Year Built	Built 1938
Effective Year Built	Effective 1990
Exterior Material	Concrete Block
Construction Type	Frame
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	43,560 sqft (1 acres)

Location & Zoning

Street Address	1057 E 54TH ST
City	INDIANAPOLIS
State	IN
Zip	46220-3489
Property Category	Commercial
Property Type	Commercial > Retail > Regional Shopping Center, Mall
Local Zoning Code	ZO01
Legal Description	PT W1/2 NW1/4 S7-T16-R4 BEG 150S OF 54TH ST &159E OF WL; E55 N150 E76.61 S400.94 W130.52N245.91 TO BEG 1.0AC
Legal Subdivision	MONTICELLO ADDITION
Legal Lot Number	1
Jurisdiction	MARION IN
Township / Civil Division	WASHINGTON
Census Block Group	4
Census Block	4016
Census Tract	321700

Owner

1057 E 54th St, a commercial property, is owned by a company that acquired it in January 2008.

Source: Marion County records, as of October 13, 2026

Owner of Record	Company Name on File
Mailing Address	525 E 81ST ST, INDIANAPOLIS, IN 46240-2561
Owner Type	Company
Vesting	Limited Liability Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Mar 5, 2020	Loan Modification, Mortgage · Line of Credit STATE BK/LIZTON
Feb 1, 2017	Deed of Trust, Mortgage · Line of Credit STATE BK/LIZTON

Assessor's Deed Record

Deed Names	Name on Deed
Last Transfer Date	Jan 25, 2008
Transfer Doc	0000041779
Record Updated	Oct 29, 2026

March 2020: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	MARION IN
Property Address	1057 E 54TH ST, INDIANAPOLIS, IN 46220-3489
Document Number	0000025875
Instrument Date	Mar 5, 2020
Transaction Type	Mortgage
Record Updated	Mar 27, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	525 E 81ST ST INDIANAPOLIS IN 462402561, INDIANAPOLIS, IN 46240-2561

Mortgage

Document Number	0000025875
Date	Mar 10, 2020
Instrument	25875

Lender

Name	STATE BK/LIZTON
Type	Bank
Address	BROWNSBURG, IN 46112

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	360 Months
Due	Mar 9, 2050

Interest

Rate Type	Adjustable Rate

February 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	1057 E 54TH ST, INDIANAPOLIS, IN 46220-3489
Document Number	0000014895
Instrument Date	Feb 1, 2017
Transaction Type	Mortgage
Record Updated	Feb 10, 2017

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	525 E 81ST ST INDIANAPOLIS IN 462402561, INDIANAPOLIS, IN 46240-2561

Mortgage

Document Number	0000014895
Date	Feb 2, 2017
Instrument	14895

Lender

Name	STATE BK/LIZTON
Type	Bank
Address	206 N STATE ST, LIZTON, IN 46149-9224

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	360 Months
Due	Feb 1, 2047

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 1057 E 54th St was $23,953, up 63.3% from the year before.

Source: Marion County assessment roll, as of March 16, 2026

Property Jurisdictions

Type	Name
State	Indiana
County	Marion County
County Subdivision	Washington Township
Consolidated City	Indianapolis City
Unified School District	Indianapolis Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$23,953.00 (+63.3%)	$857,800 Land $129,400 Building $728,400	$857,800 Land $129,400 Building $728,400
2024	$14,668.00 (-11.81%)
2023	$16,633.00 (-0.22%)	$607,900 (-) Land $129,400 Building $478,500	$607,900 (-) Land $129,400 Building $478,500
2022	$16,669.00	$607,900 Land $129,400 Building $478,500	$607,900 Land $129,400 Building $478,500

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1057 E 54th St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective June 7, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	1 in force

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.

Wildfire

Wildfire risk around 1057 E 54th St is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.1% of the US · lower than 94% of Indiana
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITIZENS WATER - INDIANAPOLIS serves 880,345 people · EPA ID IN5249004
Water Source	Surface water
Last State Inspection	May 2024
Lead	3 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 668 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · Fixed Wireless, DSL in parts of the area	5,000 / 5,000
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	1,000 / 75
T-Mobile Fixed Wireless	100 / 20

May also be available: Xfinity.

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