1502 Bailey Dr, Indianapolis, IN 46241 Property Records

Marion County property record for 1502 Bailey Dr, Indianapolis, IN 46241

Property Summary

Property TypeSingle Family Home
Details1 ba · 1,248 sqft · built 2003
Lot Size0.252 acres (10,977 sqft)
OwnerCompany Name on Record
Last Sale$610,450,000 (Jan 2026)
Tax Bill$5,318 (2025)
Deeds & MortgagesDec 2018 Loan Modification
Flood ZoneZone X (minimal risk)
APN49-12-14-101-068.000-900

Property Details

APN / Parcel Number

Primary APN49-12-14-101-068.000-900
Alternative APN
  • 9014713

Interior

Full Baths1 Bath
Plumbing Fixtures8 Plumbing Fixtures
Stories1 Story
Building Area1,248 sqft Living Area
Gross Area1,648 sqft
1st Floor Area1,248 sqft

Exterior

Year BuiltBuilt 2003
Effective Year BuiltEffective 2003
Construction TypeMasonry / Concrete Block
Foundation TypeRaised
Roof MaterialAsphalt
Lot Area10,977 sqft (0.252 acres)
Lot Dimensions137 ft deep x 80 ft wide
Garage TypeAttached
Garage Area400 sqft
Parking Spaces2 Parking Spaces

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
SewerConnected

Location & Zoning

Street Address1502 BAILEY DR
CityINDIANAPOLIS
StateIN
Zip46241-2804
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionBAILEY HIGHLANDS L13
Legal SubdivisionBAILEY HIGHLANDS
Legal Lot Number13
JurisdictionMARION IN
Township / Civil DivisionWAYNE
Census Block Group1
Census Block1030
Census Tract342101

Owner

Source: Marion County records, as of September 24, 2026

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 Address60 COLUMBUS CIR, 19, NEW YORK, NY 10023-5802
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJan 29, 2026 · Amount on Record
Deed SaleJan 29, 2026 · Amount on Record
Prior SaleMay 29, 2025
Deed Document Number20267490
Record UpdatedOct 29, 2026

December 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionMARION IN
Recording DateDec 26, 2018
Property Address1502 BAILEY DR, INDIANAPOLIS, IN 46241-2804
Instrument DateDec 7, 2018
Instrument128790
Transaction TypeMortgage
Record UpdatedJan 15, 2019
Title CompanyATTORNEY ONLY

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address3505 KOGER BLVD #400 DULUTH GA 300967672, 400, DULUTH, GA 30096-7672

Mortgage

Document Number0000128790
DateDec 26, 2018
Instrument128790
Lender
NameMORGAN STANLEY MTG CAP HOLDING
TypeMortgage Company
Address1585 BROADWAY # 24TH, NEW YORK, NY 10036-8200
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIndiana
CountyMarion County
County SubdivisionWayne Township
Consolidated CityIndianapolis City
Unified School DistrictWayne Township Metropolitan School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$5,318.00 (+33.22%)$223,600 (+31.61%) Land $14,300 Building $209,300$223,600 (+31.61%) Land $14,300 Building $209,300
2023$3,992.00 (+3.15%)$169,900 (+3.16%) Land $14,300 Building $155,600$169,900 (+3.16%) Land $14,300 Building $155,600
2022$3,870.00 (-6.25%)$164,700 Land $14,300 Building $150,400$164,700 Land $14,300 Building $150,400
2021$4,128.00

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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies2 in force
Nearby Flood Claims2 (1978–1983)
Most Recent ClaimJun 1983 · rainfall accumulation

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 RiskNot 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 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 49 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
T-Mobile
Fixed Wireless
100 / 20

May also be available: Verizon.

Nearby Properties on Bailey Dr

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