4140 Terra Dr, Indianapolis, IN 46237 Property Records

Marion County property record for 4140 Terra Dr, Indianapolis, IN 46237

Property Summary

Property TypeSingle Family Home
Details1 bd · 1,680 sqft · built 1996
Lot Size1.31 acres (57,194 sqft)
OwnerIndividual Name on File
Tax Bill$2,260 (2025)
Deeds & MortgagesOct 2020 Transfer
Flood ZoneZone X (moderate risk)
APN49-10-32-105-001.000-500

Property Details

APN / Parcel Number

Primary APN49-10-32-105-001.000-500
Alternative APN
  • 5015468

Interior

Bedrooms1 Bed
Total Rooms3 Rooms
Stories2 Stories
Building Area1,680 sqft Living Area
Gross Area1,968 sqft
1st Floor Area1,968 sqft
Upper Floors Area984 sqft

Exterior

Year BuiltBuilt 1996
Effective Year BuiltEffective 1996
Construction TypeFrame
Roof MaterialAsphalt
Lot Area57,194 sqft (1.31 acres)
Lot Dimensions351 ft deep x 163 ft wide
Garage TypeAttached
Garage Area288 sqft
Parking Spaces1 Parking Space

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral

Location & Zoning

Street Address4140 TERRA DR
CityINDIANAPOLIS
StateIN
Zip46237-1304
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionBEAU TERRA ADD L2
Legal SubdivisionBEAU TERRA ADD
Legal Lot Number2
JurisdictionMARION IN
Township / Civil DivisionPERRY
Census Block Group1
Census Block1024
Census Tract380404

Owner

4140 Terra Dr is owned and occupied by an individual who acquired it in January 2022.

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

Owner of RecordIndividual Name on File
Mailing Address4140 TERRA DR, INDIANAPOLIS, IN 46237-1304
OccupancyOwner Occupied
Owner TypeIndividual
VestingTenants in Common

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 SaleJan 13, 2022
Deed SaleJan 13, 2022
Deed Document Number20226368
Prior Transfer DateFeb 5, 2010
Prior Transfer Doc0000011461
Record UpdatedOct 29, 2026

October 2020: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionMARION IN
Recording DateOct 27, 2020
Property Address4111 S SHERMAN DR, INDIANAPOLIS, IN 46237-1301
Document Number0000124093
Instrument DateOct 21, 2020
Instrument124093
Transaction TypeTransfer
Record UpdatedNov 10, 2020
Title CompanyQUALITY TITLE INSURANCE, QUALITY TITLE INS

Transaction

Tax$0.00
Additional
  • Quitclaim

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants in Common
Address4140 TERRA DR APTS A&B INDIANAPOLIS IN 46227, INDIANAPOLIS, IN 46227

Tax Assessment & Valuation

The 2025 property tax bill for 4140 Terra Dr was $2,260 with a homeowner's exemption, up 19.1% from the year before.

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

Property Jurisdictions

TypeName
StateIndiana
CountyMarion County
County SubdivisionPerry Township
Consolidated CityIndianapolis City
Unified School DistrictPerry Township Metropolitan School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$2,260.00 (+19.07%)$181,700 Land $32,400 Building $149,300$181,700 Land $32,400 Building $149,300
2024$1,898.00 (+21.51%)
2023$1,562.00 (-83.59%)$143,000 (+8.58%) Land $29,000 Building $114,000$143,000 (+8.58%) Land $29,000 Building $114,000
2022$9,517.00$131,700 Land $29,000 Building $102,700$131,700 Land $29,000 Building $102,700

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 4140 Terra Dr in Zone X, an area of moderate flood risk, within 100 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective June 7, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Nearest Special Flood Hazard AreaZone AE, within 100 ft
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies1 in force
Nearby Flood Claims1 (2011)
Most Recent ClaimDec 2011 · 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

The area around 4140 Terra Dr 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 382 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless · DSL · Fiber in parts of the area
100 / 20

May also be available: Spectrum, Verizon.

Nearby Properties on Terra Dr

Nearby Streets

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