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

Marion County property record for 40 E 87th St, Indianapolis, IN 46240 · Last verified May 2024

Property Summary

Property TypeSingle Family Home
Details3 bd · 2 ba · 1,488 sqft · built 1959
Lot Size0.262 acres (11,456 sqft)
OwnerIndividual Name on File
Last Sale$253,000 (Sep 2021)
Tax Bill$2,656 (2023)
Deeds & MortgagesSep 2021 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN49-03-14-121-028.000-800

Property Details

APN / Parcel Number

Primary APN49-03-14-121-028.000-800
Alternative APN
  • 8007510

Interior

Bedrooms3 Beds
Full Baths2 Baths
Half Baths1 Half Bath
Plumbing Fixtures7 Plumbing Fixtures
Total Rooms8 Rooms
Stories1 Story
Building Area1,488 sqft Living Area
1st Floor Area1,488 sqft
Family RoomFamily Room
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1959
Effective Year BuiltEffective 1981
Construction TypeBrick
Foundation TypeRaised
Roof MaterialAsphalt
Lot Area11,456 sqft (0.262 acres)
Lot Dimensions153 ft deep x 75 ft wide
Garage TypeAttached
Garage Area528 sqft
Parking Spaces2 Parking Spaces

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral

Location & Zoning

Account Number8007510
Old Parcel Number8007510
Street Address40 E 87TH ST
CityINDIANAPOLIS
StateIN
Zip46240-1505
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionNORTH MERIDIAN MANOR L29
Legal Range03
Legal Township17
Legal Section14
Legal SubdivisionNORTH MERIDIAN MANOR ADDITION
Legal Lot Number29
JurisdictionMARION IN
Township / Civil DivisionWASHINGTON
Census Block Group2
Census Block2012
Census Tract320107

Owner

Source: Marion County records · APN 49-03-14-121-028.000-800

Assessment roll updated July 1, 2023 · Last verified May 2024

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

Owner of RecordIndividual Name on File
Mailing Address40 E 87TH ST, INDIANAPOLIS, IN 46240-1505
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleSep 02, 2021 · Amount on Record
Deed SaleSep 02, 2021 · Amount on Record
Prior SaleJun 20, 2012 · Amount on Record
Deed Document NumberA202100114898
Record UpdatedJun 07, 2026

September 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION IN
Recording DateSep 02, 2021
Property Address40 E 87TH ST, INDIANAPOLIS, IN 46240-1505
Document Number0000114898
Map ReferencePB 24 PG 399
Instrument DateAug 18, 2021
InstrumentA202100114898
Transaction TypeTransfer
Record UpdatedJun 23, 2026
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address40 E 87TH ST, INDIANAPOLIS, IN 46240-1505

Mortgage

Document Number0000114899
DateSep 02, 2021
InstrumentA202100114899
Lender
NameCROSSCOUNTRY MORTGAGE INC
Agreement
TypeConventional Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Marion County records · Assessment roll updated July 1, 2023 · Last verified May 2024

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
2023$2,656.00 (-1.37%)$225,500 (+7.95%) Land $31,800 Building $193,700$225,500 (+7.95%) Land $31,800 Building $193,700
2022$2,693.00 (+24.27%)$208,900 Land $26,500 Building $182,400$208,900 Land $26,500 Building $182,400
2021$2,167.00

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 180973201072, 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 Policies1 in force

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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 329 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
XfinityCable2,000 / 250
VerizonFixed Wireless300 / 20
T-Mobile USAFixed Wireless100 / 20

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

Mobile Coverage

5G and 4G LTE

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