11517 E 38th St, Indianapolis, IN 46235 Property Records

Marion County property record for 11517 E 38th St, Indianapolis, IN 46235

Property Summary

Property Type	Commercial Vacant Land
Details	3 bd · 2,875 sqft · built 1933
Lot Size	4 acres (174,240 sqft)
Owner	Company Name on Record
Last Sale	$42,200,000 (Jul 2024)
Tax Bill	$716 (2025)
Deeds & Mortgages	Jul 2024 Sale
Flood Zone	Zone AE (high risk)
APN	`49-08-22-122-001.000-700`

Property Details

APN / Parcel Number

Primary APN	`49-08-22-122-001.000-700`
Alternative APN	`7001038`

Interior

Bedrooms	3 Beds
Total Rooms	7 Rooms
Stories	1 Story
Building Area	2,875 sqft Gross Area
1st Floor Area	2,270 sqft
Upper Floors Area	875 sqft
Basement Area	200 sqft

Exterior

Year Built	Built 1933
Effective Year Built	Effective 1933
Construction Type	Frame
Foundation Type	No Foundation
Roof Material	Asphalt
Lot Area	174,240 sqft (4 acres)
Garage Type	Attached
Garage Area	405 sqft
Parking Spaces	6 Parking Spaces
Milk House	168 sqft

Utilities, Heating & Cooling

Cooling System	None
Heating System	Central

Location & Zoning

Street Address	11517 E 38TH ST
City	INDIANAPOLIS
State	IN
Zip	46235-3519
Property Category	Commercial
Property Type	Vacant Land > Commercial
Local Zoning Code	ZO01
Legal Description	TO BEG. 4.00AC
Legal Range	5
Legal Township	16
Legal Section	22
Jurisdiction	MARION IN
Township / Civil Division	WARREN
Census Block Group	2
Census Block	2001
Census Tract	360406

Owner

Source: Marion County records, as of August 25, 2026

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

Owner of Record	Company Name on Record
Mailing Address	11517 E 38TH ST, INDIANAPOLIS, IN 46235-3519
Owner Type	Company
Vesting	Limited Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 8, 2024 · Amount on Record
Deed Sale	Jul 8, 2024 · Amount on Record
Deed Document Number	202453109
Prior Transfer Date	Feb 16, 2022
Prior Transfer Doc	0000022502
Record Updated	Oct 29, 2026

July 2024: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARION IN
Recording Date	Jul 8, 2024
Property Address	11517 E 38TH ST, INDIANAPOLIS, IN 46235-3519
Document Number	0000053109
Instrument Date	Jun 28, 2024
Instrument	A202400053109
Transaction Type	Transfer
Record Updated	Jun 23, 2026

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	310 E 96TH ST STE 400, 400, INDIANAPOLIS, IN 46240-0120

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Indiana
County	Marion County
County Subdivision	Warren Township
Consolidated City	Indianapolis City
Unified School District	Warren Township Metropolitan School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$716.00 (-81.18%)	$18,000 (-89.27%) Land $18,000	$18,000 (-89.27%) Land $18,000
2024	$3,804.00 (-3.62%)
2023	$3,947.00 (+4.17%)	$167,800 (+0.96%) Land $24,600 Building $143,200	$167,800 (+0.96%) Land $24,600 Building $143,200
2022	$3,789.00 (+18.22%)	$166,200 Land $23,600 Building $142,600	$166,200 Land $23,600 Building $142,600
2021	$3,205.00

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

Flood

Source: FEMA National Flood Hazard Layer, effective June 7, 2026

FEMA Flood Zone	Zone AE high risk
100-Year Floodplain	Yes 1% annual chance
Floodway	No
Base Flood Elevation	Varies along the reach; see FIRM
Flood Insurance Requirement	Required federally backed loans

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

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

Wildfire Risk	Not rated no burnable land within 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 310 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL	5,000 / 5,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20

May also be available: Metronet, T-Mobile.

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