1221 E 86th St, Indianapolis, IN 46240 Property Records

Marion County property record for 1221 E 86th St, Indianapolis, IN 46240

Property Summary

Property TypeNeighborhood Shopping Center, Strip Center
Details8,400 sqft · built 1992
Lot Size0.655 acres (28,532 sqft)
OwnerCompany Name on Record
Tax Bill$17,215 (2023)
Deeds & MortgagesOct 2020 Mortgage
Flood ZoneZone X (minimal risk)
APN49-03-24-107-074.000-800

Property Details

APN / Parcel Number

Primary APN49-03-24-107-074.000-800
Alternative APN
  • 8007694

Interior

Stories1 Story
Building Area8,400 sqft Total Area

Exterior

Year BuiltBuilt 1992
Fire ResistanceMasonry Walls, Wood Interior
Lot Area28,532 sqft (0.655 acres)
Shed1 Shed
Shed Area480 sqft

Location & Zoning

Account Number8007694
Old Parcel Number8007694
Street Address1221 E 86TH ST
CityINDIANAPOLIS
StateIN
Zip46240
Property CategoryCommercial
Property TypeCommercial > Retail > Neighborhood Shopping Center, Strip Center
Local Zoning CodeZO01
Legal DescriptionNORALEIGH L28, L29 & PT L30 BEG SE COR L30 W11' N79.5' E11'S79.5' TO BEG
Legal Range03
Legal Township17
Legal Section24
Legal SubdivisionNORALEIGH ADDITION
Legal Lot Number28
JurisdictionMARION IN
Township / Civil DivisionWASHINGTON
Census Block Group3
Census Block3018
Census Tract320202

Owner

Source: Marion County records, as of May 10, 2024

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

Owner of RecordCompany Name on Record
Mailing Address6350 RUCKER RD # 1011, 1011, INDIANAPOLIS, IN 46220-4874
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedJun 7, 2026

October 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION IN
Property Address1221 E 86TH ST, INDIANAPOLIS, IN 46240
Document Number0000123603
Instrument DateOct 23, 2020
Transaction TypeMortgage
Record UpdatedNov 12, 2020
Title CompanyFIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address6350 RUCKER RD #101 INDIANAPOLIS IN 462204893, 101, INDIANAPOLIS, IN 46220-4893

Mortgage

Document Number0000123603
DateOct 26, 2020
Instrument123603
Lender
NameCENTIER BK
TypeBank
Address600 E 84TH AVE, MERRILLVILLE, IN 46410-6366
Agreement
AmountAmount Recorded
Term120 Months
DueOct 25, 2030

Tax Assessment & Valuation

Source: Marion County assessment roll, as of July 1, 2023

Property Jurisdictions

TypeName
StateIndiana
CountyMarion County
County SubdivisionWashington Township
Consolidated CityIndianapolis City
Unified School DistrictWashington Township Metropolitan School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2023$17,215.00 (-9.69%)$678,300 (-8.7%) Land $313,900 Building $364,400$678,300 (-8.7%) Land $313,900 Building $364,400
2022$19,062.00 (+3.36%)$742,900 Land $313,900 Building $429,000$742,900 Land $313,900 Building $429,000
2021$18,442.00

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

Flood

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies1 in force
Nearby Flood Claims1 (2017)
Claims Outside the SFHA1 of 1
Most Recent ClaimJul 2017 · river or lake flooding

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

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

Wildfire RiskLow
lower than 99.1% of the US · lower than 94% of Indiana
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
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 SystemCITIZENS WATER - INDIANAPOLIS
serves 880,345 people · EPA ID IN5249004
Water SourceSurface water
Last State InspectionMay 2024
Lead3 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 135 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Metronet
Fiber
5,120 / 5,120
AT&T
Fiber · Fixed Wireless · DSL in parts of the area
5,000 / 5,000
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
1,000 / 75
T-Mobile
Fixed Wireless
100 / 20

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