Marion County property record for 3242 Cherry Lake Rd, Indianapolis, IN 46235
| Property Type | Single Family Home |
|---|---|
| Details | 3 bd · 1 ba · 1,676 sqft · built 1988 |
| Lot Size | 0.236 acres (10,280 sqft) |
| Owner | Company Name on File |
| Last Sale | $206,898 (Jul 2026) |
| Tax Bill | $2,550 (2025) |
| Deeds & Mortgages | Jul 2026 Construction Loan Dec 2023 Mortgage + 2 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 49-08-22-126-015.000-700 |
| Primary APN | 49-08-22-126-015.000-700 |
|---|---|
| Alternative APN |
|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 1 Bath |
| Plumbing Fixtures | 8 Plumbing Fixtures |
| Total Rooms | 7 Rooms |
| Stories | 1 Story |
| Building Area | 1,676 sqft Living Area |
| Gross Area | 2,116 sqft |
| 1st Floor Area | 1,676 sqft |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1988 |
|---|---|
| Effective Year Built | Effective 2024 |
| Construction Type | Masonry / Concrete Block |
| Roof Material | Asphalt |
| Lot Area | 10,280 sqft (0.236 acres) |
| Lot Dimensions | 121 ft deep x 85 ft wide |
| View / Lot | Extra Front |
| Garage Type | Attached |
| Garage Area | 440 sqft |
| Parking Spaces | 2 Parking Spaces |
| Pool Type | Above-Ground Pool |
| Shed | 1 Shed |
| Cooling System | Central |
|---|---|
| Heating System | Central |
| Sewer | Connected |
| Street Address | 3242 CHERRY LAKE RD |
|---|---|
| City | INDIANAPOLIS |
| State | IN |
| Zip | 46235-8907 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Local Zoning Code | ZO01 |
| Legal Description | CHERRY LAKE SEC 3 L80 |
| Legal Subdivision | CHERRY LAKE SEC 3 |
| Legal Lot Number | 80 |
| Jurisdiction | MARION IN |
| Township / Civil Division | WARREN |
| Census Block Group | 1 |
| Census Block | 1006 |
| Census Tract | 360407 |
3242 Cherry Lake Rd is owned by a company that bought it in July 2026 and is owner-occupied.
Source: Marion County records, as of October 20, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 9940 ALLISONVILLE RD, FISHERS, IN 46038-2005 |
| Occupancy | Owner Occupied |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Jul 8, 2026 | Warranty Deed, Transfer · Construction Mortgage SUREPOINT EQUITY LLC |
| Dec 18, 2023 | Deed of Trust, Mortgage HUD |
| Feb 9, 2018 | Deed of Trust, Mortgage · FHA Mortgage HUD-HOUSING/URBAN DEV |
| Feb 9, 2018 | Loan Modification, Mortgage · FHA Mortgage US BK |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jul 8, 2026 · Amount on File |
| Deed Sale | Jul 8, 2026 · Amount on File |
| Prior Sale | May 10, 2013 |
| Deed Document Number | 202658098 |
| Prior Transfer Date | May 3, 2013 |
| Prior Transfer Doc | 0000054394 |
| Record Updated | Oct 29, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | MARION IN |
| Recording Date | Jul 8, 2026 |
| Property Address | 3242 CHERRY LAKE RD, INDIANAPOLIS, IN 46235-8907 |
| Document Number | 0000058098 |
| Instrument Date | Jun 25, 2026 |
| Instrument | 202658098 |
| Transaction Type | Transfer |
| Record Updated | Oct 23, 2026 |
| Title Company | MONUMENT TITLE AGENCY, MONUMENT TITLE |
| Tax | $0.00 |
|---|---|
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Limited Liability Partnership |
| Address | 9940 ALLISONVILLE RD, FISHERS, IN 46038-2005 |
| Document Number | 0000058099, |
|---|---|
| Date | Jul 8, 2026 |
| Instrument | 202658099 |
| Name | SUREPOINT EQUITY LLC |
|---|
| Type | Construction Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 12 Months |
| Due | Jun 24, 2027 |
| Rate | 10.5% |
|---|---|
| Max Rate | -1% |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MARION IN |
| Property Address | 3242 CHERRY LAKE RD, INDIANAPOLIS, IN 46235-8907 |
| Transaction Type | Mortgage |
| Record Updated | Jan 10, 2024 |
| Name | Verified Name |
|---|
| Document Number | 0000103962 |
|---|---|
| Date | Dec 18, 2023 |
| Instrument | A202300103962 |
| Name | HUD |
|---|---|
| Type | Government Agency |
| Amount | Amount on Record |
|---|---|
| Term | 300 Months |
| Due | Mar 1, 2048 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MARION IN |
| Property Address | 3242 CHERRY LAKE RD, INDIANAPOLIS, IN 46235-8907 |
| Document Number | 0000022956 |
| Instrument Date | Feb 9, 2018 |
| Transaction Type | Mortgage |
| Record Updated | Apr 5, 2018 |
| Title Company | SERVICELINK LOAN MOD SOLUTIONS, SERVICELINK LN MOD SOLUTIONS |
| Name | Verified Name |
|---|---|
| Address | 3242 CHERRY LAKE RD INDIANAPOLIS IN 462358907, INDIANAPOLIS, IN 46235-8907 |
| Document Number | 0000022956 |
|---|---|
| Date | Mar 8, 2018 |
| Instrument | 22956 |
| Name | HUD-HOUSING/URBAN DEV |
|---|---|
| Address | WASHINGTON, DC 20410 |
| Type | FHA Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Mar 7, 2048 |
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | MARION IN |
| Property Address | 3242 CHERRY LAKE RD, INDIANAPOLIS, IN 46235-8907 |
| Document Number | 0000025867 |
| Instrument Date | Feb 9, 2018 |
| Transaction Type | Mortgage |
| Record Updated | Jan 12, 2019 |
| Title Company | SERVICELINK LOAN MOD SOLUTIONS, SERVICELINK LN MOD SOLUTIONS |
| Name | Verified Name |
|---|---|
| Address | 3242 CHERRY LAKE RD INDIANAPOLIS IN 462358907, INDIANAPOLIS, IN 46235-8907 |
| Document Number | 0000025867 |
|---|---|
| Date | Mar 16, 2018 |
| Instrument | 25867 |
| Name | US BK |
|---|---|
| Type | Bank |
| Address | OWENSBORO, KY 42301 |
| Type | FHA Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Mar 15, 2048 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 4.25% |
The 2025 property tax bill for 3242 Cherry Lake Rd was $2,550 with a homeowner's exemption.
Source: Marion County assessment roll, as of March 16, 2026
| Type | Name |
|---|---|
| State | Indiana |
| County | Marion County |
| County Subdivision | Warren Township |
| Consolidated City | Indianapolis City |
| Unified School District | Warren Township Metropolitan School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $2,550.00 | $233,900 Land $22,700 Building $211,200 | $233,900 Land $22,700 Building $211,200 |
| 2023 | $2,283.00 (+26.83%) Homeowner's exemption | $200,700 (+21.71%) Land $22,700 Building $178,000 | $200,700 (+21.71%) Land $22,700 Building $178,000 |
| 2022 | $1,800.00 Homeowner's exemption | $164,900 Land $22,700 Building $142,200 | $164,900 Land $22,700 Building $142,200 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 3242 Cherry Lake Rd in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective June 7, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Community Rating System | Class 8 (10% premium discount) |
| Nearby Flood Policies | 1 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 risk around 3242 Cherry Lake Rd is low, with less than a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 99.1% of the US · lower than 94% of Indiana |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
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 |
| 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.
Source: FCC Broadband Data Collection, based on 104 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 1,200 / 35 |
| Verizon Fixed Wireless | 300 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
| AT&T DSL · Fiber in parts of the area | 100 / 20 |
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