2312 E Stop 11 Rd, Indianapolis, IN 46227 Property Records

Marion County property record for 2312 E Stop 11 Rd, Indianapolis, IN 46227

Property Summary

Property Type	Regional Shopping Center, Mall
Details	40,770 sqft · built 1988
Lot Size	4.33 acres (188,702 sqft)
Owner	Company Name on Record
Tax Bill	$49,050 (2024)
Deeds & Mortgages	Aug 2021 Mortgage Mar 2017 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`49-15-18-104-001.000-500`

Property Details

APN / Parcel Number

Primary APN	`49-15-18-104-001.000-500`
Alternative APN	`5002447`

Interior

Stories	1 Story
Building Area	40,770 sqft Gross Area
1st Floor Area	40,770 sqft

Exterior

Year Built	Built 1988
Effective Year Built	Effective 2011
Exterior Material	Concrete Block
Construction Type	Frame
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	188,702 sqft (4.33 acres)

Location & Zoning

Street Address	2312 E STOP 11 RD
City	INDIANAPOLIS
State	IN
Zip	46227-8867
Property Category	Commercial
Property Type	Commercial > Retail > Regional Shopping Center, Mall
Local Zoning Code	ZO01
Legal Description	PT SW1/4 SW1/4 S17 T14 R4 & PT SE1/4 SE1/4 S18 T14 R4 BEG 45 N OF SE COR S18 P.O.B. W100 NW133.88 N181 W226.17 NW15 E170.87 N247.01 E373.72 SE445.40 W201.88 S18.5 TO BEG 4.332AC
Legal Range	4
Legal Township	14
Legal Section	17
Jurisdiction	MARION IN
Township / Civil Division	PERRY
Census Block Group	1
Census Block	1006
Census Tract	381003

Owner

Source: Marion County records, as of April 14, 2026

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

Owner of Record	Company Name on Record
Mailing Address	107 N STATE ROAD 135, 306, GREENWOOD, IN 46142-1353
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Aug 27, 2021	Deed of Trust, Mortgage · Conventional Mortgage HOME BANK SB
Mar 23, 2017	Deed of Trust, Mortgage · Commercial Mortgage HOME BANK NA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 17, 2022
Deed Sale	Mar 17, 2022
Deed Document Number	202233240
Record Updated	Jun 8, 2026

August 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	2312 E STOP 11 RD, INDIANAPOLIS, IN 46227-8867
Transaction Type	Mortgage
Record Updated	Jun 23, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000113539
Date	Aug 27, 2021
Instrument	A202100113539

Lender

Name	HOME BANK SB
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	240 Months
Due	Aug 20, 2041

Interest

Rate Type	Adjustable Rate

March 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	2312 E STOP 11 RD, INDIANAPOLIS, IN 46227-8867
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000034359
Date	Mar 23, 2017
Instrument	A201700034359

Lender

Name	HOME BANK NA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	240 Months
Due	Mar 20, 2037

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Indiana
County	Marion County
County Subdivision	Perry Township
Consolidated City	Indianapolis City
Unified School District	Perry Township Metropolitan School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$1,813,000 (+3.24%) Land $830,300 Building $982,700	$1,813,000 (+3.24%) Land $830,300 Building $982,700
2024	$49,050.00 (-0.03%)
2023	$49,065.00 (-0.3%)	$1,756,100 (-) Land $830,300 Building $925,800	$1,756,100 (-) Land $830,300 Building $925,800
2022	$49,211.00	$1,756,100 Land $830,300 Building $925,800	$1,756,100 Land $830,300 Building $925,800

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not 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 System	CITIZENS WATER - INDIANAPOLIS serves 880,345 people · EPA ID IN5249004
Water Source	Surface water
Last State Inspection	May 2024
Lead	3 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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 289 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL in parts of the area	5,000 / 5,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	1,000 / 75

May also be available: Metronet.

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