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1940 E 54th St, Indianapolis, IN 46220 Property Records

Marion County property record for 1940 E 54th St, Indianapolis, IN 46220

Property Summary

Property TypeApartments (5+ Units)
Details74,153 sqft · built 1987
Lot Size3.76 acres (164,003 sqft)
OwnerCompany Name on Record
Tax Bill$124,159 (2023)
Flood ZoneZone X (minimal risk)
APN49-07-07-136-022.000-801

Property Details

APN / Parcel Number

Primary APN49-07-07-136-022.000-801
Alternative APN
  • 8055650

Interior

Units208 Units
Stories2 Stories
Building Area74,153 sqft Total Area
Fire SprinklersFire Sprinklers

Exterior

Year BuiltBuilt 1987
Exterior MaterialBrick/Stone
Construction TypeWood
Lot Area164,003 sqft (3.76 acres)

Location & Zoning

Account Number8055650
Old Parcel Number8055650
Street Address1940 E 54TH ST
CityINDIANAPOLIS
StateIN
Zip46220
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Local Zoning CodeZO01
Legal DescriptionPT NW1/4 NE1/4 S7 T16 R4 BEG 407.7'W OF SE COR;N310' NE264.58' NW158.46' NW24.20' NW39.75'NW25.31' NE36.49' NW37.63' SW205' S
Legal Range04
Legal Township16
Legal Section07
JurisdictionMARION IN
Township / Civil DivisionWASHINGTON
Census Block Group3
Census Block3017
Census Tract321700

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 RecordCompany Name on Record
Mailing Address11555 N MERIDIAN ST STE 400, 400, CARMEL, IN 46032-6945
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedJun 7, 2026

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 DistrictIndianapolis Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2023$124,159.00 (+8.9%)$5,234,400 (+8.39%) Land $434,800 Building $4,799,600$5,234,400 (+8.39%) Land $434,800 Building $4,799,600
2022$114,017.00 (-4.23%)$4,829,200 Land $434,800 Building $4,394,400$4,829,200 Land $434,800 Building $4,394,400
2021$119,054.00

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
Nearby Flood Claims1 (1978)
Most Recent ClaimDec 1978 · tidal / storm surge

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 97% of the US · lower than 78% 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 517 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · DSL · Fixed Wireless in parts of the area		5,000 / 5,000
Spectrum
Cable · Fiber in parts of the area		1,000 / 1,000
Verizon
Fixed Wireless		1,000 / 75
T-Mobile
Fixed Wireless		100 / 20

May also be available: Xfinity.

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