1501 E 86th St, Indianapolis, IN 46240 Property Records

Marion County property record for 1501 E 86th St, Indianapolis, IN 46240

Property Summary

Property TypeRestaurant
Details4,677 sqft · built 2004
Lot Size1.72 acres (75,315 sqft)
OwnerCompany Name on File
Tax Bill$21,297 (2023)
Deeds & MortgagesJan 2021 Sale
Sep 2020 Transfer
Flood ZoneZone X (minimal risk)
APN49-03-24-113-003.000-800

Property Details

APN / Parcel Number

Primary APN49-03-24-113-003.000-800
Alternative APN
  • 8005533

Interior

Stories1 Story
Building Area4,677 sqft Total Area

Exterior

Year BuiltBuilt 2004
Lot Area75,315 sqft (1.72 acres)

Location & Zoning

Account Number8005533
Old Parcel Number8005533
Street Address1501 E 86TH ST
CityINDIANAPOLIS
StateIN
Zip46240-1913
Property CategoryCommercial
Property TypeCommercial > Retail > Restaurant
Local Zoning CodeZO01
Legal DescriptionPT W1/2 NE1/4 S24 T17 R3 BEG 352.3'E OF NW COR;S226.37' E328.67' NE 1RR 230.32' W356.5' TO BEG1.730AC EX PT W1/2 NE1/4 S24 T1
Legal Range03
Legal Township17
Legal Section24
JurisdictionMARION IN
Township / Civil DivisionWASHINGTON
Census Block Group3
Census Block3000
Census Tract320202

Owner

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

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 Address10251 HAGUE RD, INDIANAPOLIS, IN 46256-3314
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
Jan 21, 2021Grant Deed, Transfer
ROYAL TITLE SERVICES, ROYAL TITLE SVCS
Sep 8, 2020Quit Claim Deed, Transfer
ATTORNEY ONLY

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJan 21, 2021
Deed SaleJan 21, 2021
Deed Document Number0000008717
Record UpdatedJun 7, 2026

January 2021: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionMARION IN
Recording DateJan 21, 2021
Property Address1501 E 86TH ST, INDIANAPOLIS, IN 46240-1913
Document Number0000008717
Instrument DateJan 19, 2021
Instrument8717
Transaction TypeTransfer
Record UpdatedFeb 5, 2021
Title CompanyROYAL TITLE SERVICES, ROYAL TITLE SVCS

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address10251 HAGUE RD INDIANAPOLIS IN 462563314, INDIANAPOLIS, IN 46256-3314

September 2020: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionMARION IN
Recording DateSep 8, 2020
Property Address1501 E 86TH ST, INDIANAPOLIS, IN 46240-1913
Document Number0000098801
Instrument DateSep 2, 2020
Instrument98801
Transaction TypeTransfer
Record UpdatedOct 2, 2020
Title CompanyATTORNEY ONLY

Transaction

Tax$0.00
Additional
  • Quitclaim

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipRevocable Trust
Address759 N MILWAUKEE ST #304 MILWAUKEE WI 532023714, 304, MILWAUKEE, WI 53202-3714

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$21,297.00 (-5.18%)$839,100 (-4.15%) Land $550,600 Building $288,500$839,100 (-4.15%) Land $550,600 Building $288,500
2022$22,461.00 (+5.89%)$875,400 Land $550,600 Building $324,800$875,400 Land $550,600 Building $324,800
2021$21,211.00

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 98% of the US · lower than 85% of Indiana
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation at the parcel

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 Holdings
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 USA
Fixed Wireless
100 / 20

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