40 E Indianola Ave, Phoenix, AZ 85012 Property Records

Maricopa County property record for 40 E Indianola Ave, Phoenix, AZ 85012

Property Summary

Property Type	Commercial
Lot Size	0.265 acres (11,552 sqft)
Owner	Company Name on Record
Last Sale	$14,000,000 (Feb 2023)
Tax Bill	$1,437 (2025)
Deeds & Mortgages	Feb 2023 Sale & Mortgage Mar 2020 Sale + 1 more
Flood Zone	Zone X (moderate risk)
APN	`118-25-024-A`

Property Details

APN / Parcel Number

Primary APN	`118-25-024-A`
Alternative APNs	`11825024A6` `2111807090`

Exterior

Roof Material	Aluminum
Lot Area	11,552 sqft (0.265 acres)

Utilities, Heating & Cooling

Sewer	Municipal

Location & Zoning

Street Address	40 E INDIANOLA AVE
City	PHOENIX
State	AZ
Zip	85012-2019
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	M-H
Legal Description	INDIANOLA PLACE MCR 3-69
Legal Range	3E
Legal Township	2N
Legal Section	29
Legal Subdivision	INDIANOLA PLACE
Legal Block	4
Legal Lot Number	3
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	1
Census Block	1003
Census Tract	110502

Owner

Source: Maricopa County records, as of April 6, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on Record
Mailing Address	2920 E MOHAWK LN, 101, PHOENIX, AZ 85050-4773
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Feb 3, 2023	Special Warranty Deed, Transfer · Commercial Mortgage COGENT BANK
Mar 9, 2020	Grant Deed, Transfer FIDELITY NATIONAL TITLE, FIDELITY NAT'L TITLE AGCY INC
Dec 1, 2017	Grant Deed, Transfer FIDELITY NATIONAL TITLE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 3, 2023 · Amount on Record
Deed Sale	Feb 3, 2023 · Amount on Record
Prior Sale	Mar 9, 2020 · Amount on Record
Deed Document Number	202358239
Last Transfer Date	Apr 17, 2023
Transfer Doc	0000194694
Record Updated	Oct 29, 2026

February 2023: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Feb 3, 2023
Property Address	40 E INDIANOLA AVE, PHOENIX, AZ 85012-2019
Document Number	0000058239
Map Reference	MB 3 PG 43
Instrument Date	Feb 1, 2023
Instrument	20230058239
Transaction Type	Transfer
Record Updated	Mar 5, 2024

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	104 ARMOUR RD, NORTH KANSAS CITY, MO 64116-3503

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants in Common
Address	2920 E MOHAWK LN STE 101, 101, PHOENIX, AZ 85050-4773

Mortgage

Document Number	0000058240
Date	Feb 3, 2023
Instrument	20230058240

Lender

Name	COGENT BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	120 Months
Due	Feb 10, 2033

Interest

Rate Type	Adjustable Rate

March 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	Mar 9, 2020
Property Address	40 E INDIANOLA AVE, PHOENIX, AZ 85012-2019
Document Number	0000205029
Instrument Date	Mar 5, 2020
Instrument	205029
Transaction Type	Transfer
Record Updated	Mar 17, 2020
Title Company	FIDELITY NATIONAL TITLE, FIDELITY NAT'L TITLE AGCY INC

Transaction

Amount	Amount Recorded
Tax	$8,450.00
Amount Accuracy	Confirmed
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1101 WAINUT ST #2001 NORTH KANSAS CITY MO 64116, 2001, NORTH KANSAS CITY, MO 64116

December 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	Dec 1, 2017
Property Address	40 E INDIANOLA AVE, PHOENIX, AZ 85012-2019
Document Number	0000892721
Instrument Date	Nov 29, 2017
Instrument	892721
Transaction Type	Transfer
Record Updated	Dec 7, 2017
Title Company	FIDELITY NATIONAL TITLE

Transaction

Amount	Amount Recorded
Tax	$5,050.00
Amount Accuracy	Confirmed
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1017 N CENTRAL AVE #2 PHOENIX AZ 850041939, 2, PHOENIX, AZ 85004-1939

Tax Assessment & Valuation

Source: Maricopa County assessment roll, as of October 22, 2025

Property Jurisdictions

Type	Name
State	Arizona
County	Maricopa County
Municipality	Phoenix City
Elementary School District	Osborn Elementary District (PK - 08)
Secondary School District	Phoenix Union High School District (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$90,868 (+720.77%)	$586,248 (+0.01%) Land $586,248
2025	$1,437.00 (+0.84%)	$11,071 (-88.55%) Land $11,071	$586,200 (-) Land $586,200
2024		$96,723	$586,200 Land $586,200
2023	$1,425.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective October 2, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	4 (1978–2008)
Claims Outside the SFHA	1 of 4
Most Recent Claim	Aug 2008 · rainfall accumulation

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 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	CITY OF PHOENIX serves 1,695,000 people · EPA ID AZ0407025
Water Source	Surface water
Last State Inspection	Dec 2025
Lead	3 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	Turbidity resolved · Jan 2021
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 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 476 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Cox Communications Cable · Fiber in parts of the area	2,000 / 100
Verizon Fixed Wireless	1,000 / 75
Tristate Wi-Fi by Wi-Fiber Fixed Wireless	400 / 400
AirFiber WISP Fixed Wireless	100 / 25

May also be available: AT&T, CenturyLink, GeoLinks, T-Mobile.

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