1401 E Stop 12 Rd, Indianapolis, IN 46227 Property Records

Marion County property record for 1401 E Stop 12 Rd, Indianapolis, IN 46227

Property Summary

Property Type	Apartments (5+ Units)
Details	3,296 sqft · built 1982
Lot Size	21 acres (914,760 sqft)
Owner	Company Name on Record
Tax Bill	$381,224 (2024)
Deeds & Mortgages	Aug 2020 Sale & Line of Credit Jan 2017 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`49-15-19-118-001.000-500`

Property Details

APN / Parcel Number

Primary APN	`49-15-19-118-001.000-500`
Alternative APN	`5030587`

Interior

Units	72 Units
Stories	1 Story
Building Area	3,296 sqft Living Area
1st Floor Area	3,296 sqft

Exterior

Year Built	Built 1982
Effective Year Built	Effective 2001
Exterior Material	Brick
Construction Type	Steel Frame
Lot Area	914,760 sqft (21 acres)
View / Lot	Restrictions
Garage Area	1,440 sqft
Parking Spaces	14 Parking Spaces

Exterior Amenities

Pool Area	1,380 sqft
Shed	1 Shed
Shed Area	80 sqft
Gazebo	101 sqft
Tennis Court	Tennis Court
Total Buildings	4 Buildings

Location & Zoning

Street Address	1401 E STOP 12 RD
City	INDIANAPOLIS
State	IN
Zip	46227
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	PT N1/2 SW1/4 S19 T14 R4 BEG 1007.14FT E OF NW CORE 836.75FT S 12.41FT SE 91.29FT S 1005.282FT W841.439FT N 1032.543FT TO BEG 21AC
Legal Range	4
Legal Township	14
Legal Section	19
Jurisdiction	MARION IN
Township / Civil Division	PERRY
Census Block Group	2
Census Block	2003
Census Tract	381204

Owner

Source: Marion County records, as of March 16, 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	6626 E 75TH ST, 250, INDIANAPOLIS, IN 46250-2855
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Aug 12, 2020	Grant Deed, Transfer · Line of Credit BERKADIA COM'L MTG
Jan 1, 2017	Deed of Trust, Mortgage P R MTG & INV

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 12, 2024
Deed Sale	Sep 12, 2024
Prior Sale	Aug 12, 2020
Deed Document Number	202474230
Prior Transfer Date	Sep 10, 2024
Prior Transfer Doc	0000074230
Record Updated	Sep 20, 2026

August 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MARION IN
Recording Date	Aug 12, 2020
Property Address	1401 E STOP 12 RD, INDIANAPOLIS, IN 46227
Document Number	0000087150
Instrument Date	Aug 3, 2020
Instrument	87150
Transaction Type	Transfer
Record Updated	Dec 4, 2020
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	25 RIVER OAKS LN BASALT CO 816219375, BASALT, CO 81621-9375

Mortgage

Document Number	87151
Date	Aug 12, 2020
Instrument	87151

Lender

Name	BERKADIA COM'L MTG
Type	Mortgage Company
Address	323 NORRISTOWN RD # 300, AMBLER, PA 19002-2758

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	120 Months
Due	Aug 11, 2030

Interest

Rate Type	Adjustable Rate

January 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	1401 E STOP 12 RD, INDIANAPOLIS, IN 46227
Document Number	0000012291
Instrument Date	Jan 1, 2017
Transaction Type	Mortgage
Record Updated	Feb 10, 2017
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	770 3RD AVE SW CARMEL IN 460322036, CARMEL, IN 46032-2036

Mortgage

Document Number	0000012291
Date	Jan 26, 2017
Instrument	12291

Lender

Name	P R MTG & INV
Type	Mortgage Company
Address	11555 N MERIDIAN ST # 400, CARMEL, IN 46032-6945

Agreement

Amount	Amount Recorded
Term	420 Months
Due	Jan 25, 2052

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$18,255,500 (+59.85%) Land $2,197,400 Building $16,058,100	$18,255,500 (+59.85%) Land $2,197,400 Building $16,058,100
2024	$381,224.00 (+31.29%)
2023	$290,378.00 (+45.37%)	$11,420,100 (+46.21%) Land $1,758,000 Building $9,662,100	$11,420,100 (+46.21%) Land $1,758,000 Building $9,662,100
2022	$199,748.00 (-3.41%)	$7,810,900 Land $1,758,000 Building $6,052,900	$7,810,900 Land $1,758,000 Building $6,052,900
2021	$206,795.00

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 · 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
Nearby Flood Claims	2 (2008–2009)
Claims Outside the SFHA	2 of 2
Most Recent Claim	Aug 2009 · 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 Risk	Low lower than 99.1% of the US · lower than 94% of Indiana
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

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 111 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
Xfinity Cable	1,200 / 35
Verizon Fixed Wireless	1,000 / 75

May also be available: Metronet.

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