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1515 E 87th St, Indianapolis, IN 46240 Property Records

Marion County property record for 1515 E 87th St, Indianapolis, IN 46240

Property Summary

Property TypeSingle Family Home
Details2 bd · 1 ba · 1,219 sqft · built 1955
Lot Size0.48 acres (20,909 sqft)
OwnerIndividual Name on Record
Tax Bill$1,724 (2023)
Deeds & MortgagesJul 2020 Mortgage
Apr 2020 Sale
+ 1 more
Flood ZoneZone X (minimal risk)
APN49-03-13-122-011.000-800

Property Details

APN / Parcel Number

Primary APN49-03-13-122-011.000-800
Alternative APN
  • 8038530

Interior

Bedrooms2 Beds
Full Baths1 Bath
Plumbing Fixtures7 Plumbing Fixtures
Total Rooms8 Rooms
Stories1 Story
Building Area1,219 sqft Living Area
Gross Area2,438 sqft
1st Floor Area1,219 sqft
Basement Area1,219 sqft
Fireplaces2 Fireplaces
FireplaceMasonry

Exterior

Year BuiltBuilt 1955
Effective Year BuiltEffective 1961
Construction TypeBrick
Roof MaterialAsphalt
Lot Area20,909 sqft (0.48 acres)
Garage TypeAttached
Garage Area441 sqft
Parking Spaces2 Parking Spaces
Shed1 Shed

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
SewerConnected

Location & Zoning

Account Number8038530
Old Parcel Number8038530
Street Address1515 E 87TH ST
CityINDIANAPOLIS
StateIN
Zip46240-1914
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal Description140FT WL 150FT NL BEG 434.5FT E OF WL & 818.67FT N OF SL PT SE1-4 S13 T17 R3 .482AC
Legal Range03
Legal Township17
Legal Section13
Legal SubdivisionC
JurisdictionMARION IN
Township / Civil DivisionWASHINGTON
Census Block Group1
Census Block1002
Census Tract320206

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 RecordIndividual Name on Record
Mailing Address1515 E 87TH ST, INDIANAPOLIS, IN 46240-1914
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Jul 23, 2020Limited Warranty Deed, Transfer · FHA Mortgage
CALIBER HOME LOANS INC
Apr 7, 2020Warranty Deed, Transfer
ENTERPRISE TITLE
Jan 6, 2020Affidavit of Death, Transfer
ATTORNEY ONLY

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 23, 2020
Deed SaleJul 23, 2020
Prior SaleApr 7, 2020
Deed Document Number0000077809
Record UpdatedJun 7, 2026

July 2020: Limited Warranty Deed, Transfer

Document TypeLimited Warranty Deed
JurisdictionMARION IN
Recording DateJul 23, 2020
Property Address1515 E 87TH ST, INDIANAPOLIS, IN 46240-1914
Document Number0000077809
Instrument DateJul 17, 2020
InstrumentA202000077809
Transaction TypeTransfer
Record UpdatedAug 8, 2022
Title CompanyENTERPRISE TITLE

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1515 E 87TH ST, INDIANAPOLIS, IN 46240-1914

Mortgage

Document Number0000077810
DateJul 23, 2020
InstrumentA202000077810
Lender
NameCALIBER HOME LOANS INC
Agreement
TypeFHA Mortgage
AmountAmount Recorded
Interest
Rate TypeFixed Rate

April 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION IN
Recording DateApr 7, 2020
Property Address1515 E 87TH ST, INDIANAPOLIS, IN 46240-1914
Document Number0000035751
Instrument DateApr 2, 2020
Instrument35751
Transaction TypeTransfer
Record UpdatedDec 4, 2020
Title CompanyENTERPRISE TITLE

Transaction

AmountAmount Recorded
Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2076 WATERSCAPE WAY NOBLESVILLE IN 46062, NOBLESVILLE, IN 46062

January 2020: Affidavit of Death, Transfer

Document TypeAffidavit of Death
JurisdictionMARION IN
Recording DateJan 6, 2020
Property Address1515 E 87TH ST, INDIANAPOLIS, IN 46240-1914
Document Number0000001287
Instrument DateDec 19, 2019
Instrument1287
Transaction TypeTransfer
Record UpdatedJan 29, 2020
Title CompanyATTORNEY ONLY

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address26 30TH AVE ISLE OF PALMS SC 294512409, ISLE OF PALMS, SC 29451-2409

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$1,724.00 (-33.64%)$163,100 (-18.37%) Land $32,900 Building $130,200$163,100 (-18.37%) Land $32,900 Building $130,200
2022$2,598.00 (+2%)$199,800 Land $32,900 Building $166,900$199,800 Land $32,900 Building $166,900
2021$2,165.00

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 Policies4 in force

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 96% of the US · lower than 73% 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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