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1505 E 86th St, Indianapolis, IN 46240 Property Records

Marion County property record for 1505 E 86th St, Indianapolis, IN 46240 · Last verified February 2026

Property Summary

Property TypeDepartment Store (Apparel, Household Goods, Furniture)
Details15,800 sqft · built 1994
Lot Size0.525 acres (22,869 sqft)
OwnerCompany Name on File
Tax Bill$6,603 (2024)
Deeds & MortgagesDec 2025 Sale
Flood ZoneZone X (minimal risk)
APN49-03-24-114-010.000-800

Property Details

APN / Parcel Number

Primary APN49-03-24-114-010.000-800
Alternative APN
  • 8004313

Interior

Building Area15,800 sqft

Exterior

Year BuiltBuilt 1994
Lot Area22,869 sqft (0.525 acres)

Location & Zoning

Old Parcel Number8004313
Street Address1505 E 86TH ST
CityINDIANAPOLIS
StateIN
Zip46240-2392
Property CategoryCommercial
Property TypeCommercial > Retail > Department Store (Apparel, Household Goods, Furniture)
Legal DescriptionPT NE1/4 S24 T17 R3 BEG 379.23' W & 27.63' S OF NE COR P.O.B. S59.26' W218.43' NE146.09' E136.18' SE9.09' TO BEG
Legal Range03
Legal Township17
Legal Section24
JurisdictionMARION IN
Township / Civil DivisionWASHINGTON
Census Block Group2
Census Block2005
Census Tract320202

Owner

Source: Marion County records · APN 49-03-24-114-010.000-800

Assessment roll updated July 1, 2024 · Last verified February 2026

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

Owner of RecordCompany Name on File
Co-ownerVerified Secondary Owner
Mailing Address8700 NORTH ST STE 310, 310, FISHERS, IN 46038-2865
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleDec 11, 2025
Deed SaleDec 11, 2025
Deed Document NumberA202500106217
Record UpdatedJun 08, 2026

December 2025: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION IN
Recording DateDec 11, 2025
Property Address1505 E 86TH ST, INDIANAPOLIS, IN 46240-2392
Document Number0000106217
Map ReferenceIN 71-62389
Instrument DateOct 29, 2025
InstrumentA202500106217
Transaction TypeTransfer
Record UpdatedJun 23, 2026

Transaction

Tax$0.00
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address8700 NORTH ST STE 310, 310, FISHERS, IN 46038-2865

Tax Assessment & Valuation

Source: Marion County records · Assessment roll updated July 1, 2024 · Last verified February 2026

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

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

YearTax BillAssessed ValueAssessed Market Value
2024$6,603.00 (+0.03%)$260,100 (-) Land $251,600 Building $8,500$260,100 (-) Land $251,600 Building $8,500
2023$6,601.00 (-52.35%)$260,100 (-51.82%) Land $251,600 Building $8,500$260,100 (-51.82%) Land $251,600 Building $8,500
2022$13,853.00 (+4.57%)$539,900 Land $531,400 Building $8,500$539,900 Land $531,400 Building $8,500
2021$13,248.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Marion County (18097C), updated June 7, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 180973202022, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies6 in force
Nearby Flood Claims106 (1978–2013)
Claims Outside the SFHA8 of 106
Most Recent ClaimApr 2013, tidal / storm surge
Claims By Storm
  • Severe Winter Storms And Flooding, Jan 2005 · 35 claims
  • Severe Storms, Tornadoes, And Flooding, Sep 2003 · 18 claims
  • Severe Storms & Flooding, Jan 1991 · 31 claims

Wildfire

Wildfire RiskLow
above 2% of the US · above 14% of Indiana
Wildfire LikelihoodLess than 1 in 10,000 per year
ExposureDirect
burnable vegetation at the parcel

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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 135 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
Metronet HoldingsFiber5,120 / 5,120
AT&TFiber5,000 / 5,000
XfinityCable2,000 / 250
VerizonFixed Wireless1,000 / 75
T-Mobile USAFixed Wireless100 / 20
AT&TFixed Wireless100 / 20

May also be available at this address: AT&T. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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