40 N Forest Ave, Indianapolis, IN 46201 Property Records

Marion County property record for 40 N Forest Ave, Indianapolis, IN 46201

Property Summary

Property TypeDuplex
Details6 bd · 4 ba · 1,530 sqft · built 1920
Lot Size0.083 acres (3,615 sqft)
OwnerCompany Name on File
Last Sale$268,660 (Sep 2023)
Tax Bill$6,365 (2025)
Deeds & MortgagesSep 2023 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN49-10-05-152-012.000-101

Property Details

APN / Parcel Number

Primary APN49-10-05-152-012.000-101
Alternative APN
  • 1034021

Interior

Bedrooms6 Beds
Full Baths4 Baths
Total Rooms4 Rooms
Units2 Units
Stories1 Story
Building Area1,530 sqft Living Area
1st Floor Area714 sqft
Basement Area765 sqft
Finished Basement765 sqft

Exterior

Year BuiltBuilt 1920
Effective Year BuiltEffective 1972
Architectural StyleDuplex Single
Construction TypeFrame
Foundation TypeRaised
Roof MaterialAsphalt
Lot Area3,615 sqft (0.083 acres)
Lot Dimensions90 ft deep x 40 ft wide

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
SewerConnected

Location & Zoning

Street Address40 N FOREST AVE
CityINDIANAPOLIS
StateIN
Zip46201-3218
Property CategoryResidential
Property TypeResidential > Multi-Unit > Duplex
Legal DescriptionCLEM & GANTS ADD L9
Legal SubdivisionCLEM & GANTS ADD
Legal Lot Number9
JurisdictionMARION IN
Township / Civil DivisionCENTER
Census Block Group2
Census Block2004
Census Tract355000

Owner

40 N Forest Ave, a duplex, is owned by a company that bought it in September 2023.

Source: Marion County records, as of October 13, 2026

Owner of RecordCompany Name on File
Mailing Address515 E MARKET ST, 406, INDIANAPOLIS, IN 46204-3051
Owner TypeCompany
VestingLimited 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.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 25, 2023 · Amount on File
Deed SaleSep 25, 2023 · Amount on File
Deed Document Number202380110
Prior Transfer DateDec 5, 2016
Prior Transfer Doc0000133490
Record UpdatedOct 29, 2026

September 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION IN
Recording DateSep 25, 2023
Property Address40 N FOREST AVE, INDIANAPOLIS, IN 46201-3218
Document Number0000080110
Map ReferencePB 24 PG 515
Instrument DateSep 14, 2023
InstrumentA202300080110
Transaction TypeTransfer
Record UpdatedOct 20, 2023
Title CompanyQUALITY TITLE INC, QUALITY TITLE

Transaction

AmountAmount on Record
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
AddressIN

Transferred To (Grantee/Buyer)

NameVerified Name
Address515 E MARKET ST APT 406, 406, INDIANAPOLIS, IN 46204-3051

Mortgage

Document Number0000080111
DateSep 25, 2023
InstrumentA202300080111
Lender
NameTRIDENT REALITY INVESTMENTS
TypeFunding / Finance Company
Agreement
TypeCommercial Mortgage
AmountAmount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 40 N Forest Ave was $6,365.

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

Property Jurisdictions

TypeName
StateIndiana
CountyMarion County
County SubdivisionCenter Township
Consolidated CityIndianapolis City
Unified School DistrictIndianapolis Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$6,365.00$215,400 Land $6,200 Building $209,200$215,400 Land $6,200 Building $209,200
2023$2,137.00 (+7.01%)$90,100 (+6.5%) Land $6,200 Building $83,900$90,100 (+6.5%) Land $6,200 Building $83,900
2022$1,997.00 (+36.41%)$84,600 Land $6,200 Building $78,400$84,600 Land $6,200 Building $78,400
2021$1,464.00

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

Flood

FEMA maps place 40 N Forest Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective June 7, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

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

Wildfire

The area around 40 N Forest Ave has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire RiskNot 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 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 338 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless in parts of the area
5,000 / 5,000
Spectrum
Cable
1,000 / 1,000

May also be available: On-Ramp Indiana, T-Mobile, Verizon, Xiber.

Nearby Properties on N Forest Ave

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