448 N State Ave, Indianapolis, IN 46201 Property Records

Marion County property record for 448 N State Ave, Indianapolis, IN 46201

Property Summary

Property Type	Commercial
Details	3 bd · 4,381 sqft · built 1910
Lot Size	0.114 acres (4,960 sqft)
Owner	Individual Name on File
Last Sale	$537,320 (Jul 2026)
Tax Bill	$7,110 (2025)
Deeds & Mortgages	Jul 2026 Mortgage Jan 2021 Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`49-10-06-122-009.000-101`

Property Details

APN / Parcel Number

Primary APN	`49-10-06-122-009.000-101`
Alternative APN	`1060621`

Interior

Bedrooms	3 Beds
Total Rooms	6 Rooms
Units	2 Units
Stories	2 Stories
Building Area	4,381 sqft Gross Area
1st Floor Area	2,893 sqft
Upper Floors Area	1,405 sqft
Basement Area	1,488 sqft

Exterior

Year Built	Built 1910
Effective Year Built	Effective 1940
Architectural Style	Multi-Family
Construction Type	Frame
Roof Material	Asphalt
Lot Area	4,960 sqft (0.114 acres)
Lot Dimensions	124 ft deep x 40 ft wide

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Sewer	Connected

Location & Zoning

Street Address	448 N STATE AVE
City	INDIANAPOLIS
State	IN
Zip	46201-3069
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	ZO01
Legal Description	KOLLERS ADD 40FT S END L46 L47 L48
Legal Subdivision	KOLLERS ADD 40FT S END
Legal Lot Number	46
Jurisdiction	MARION IN
Township / Civil Division	CENTER
Census Block Group	1
Census Block	1004
Census Tract	354500

Owner

448 N State Ave, a commercial property, is owned by an individual who bought it in July 2026.

Source: Marion County records, as of July 15, 2026

Owner of Record	Individual Name on File
Mailing Address	952 LARAMIE LN, ERIE, CO 80516-7531
Owner Type	Individual

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

Date	Document
Jul 2, 2026	Warranty Deed, Transfer · Conventional Mortgage INVESTORS MORTGAGE CAPITAL LLC
Jan 6, 2021	Deed of Trust, Mortgage · Conventional Mortgage TVC FUNDING III LLC
Sep 7, 2018	Quit Claim Deed, Transfer AMERICAN TITLE COMPANY, AMERICAN TITLE SVCS
Sep 7, 2018	Quit Claim Deed, Transfer · Commercial Mortgage FTF LENDING LLC
Mar 2, 2018	Tax Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 2, 2026 · Amount on File
Deed Sale	Jul 2, 2026 · Amount on File
Prior Sale	Oct 30, 2024 · Amount on File
Deed Document Number	202656289
Prior Transfer Date	Aug 30, 2018
Prior Transfer Doc	0000091065
Record Updated	Oct 29, 2026

July 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION IN
Recording Date	Jul 2, 2026
Property Address	448 N STATE AVE, INDIANAPOLIS, IN 46201-3069
Document Number	0000056289
Instrument Date	Jun 23, 2026
Instrument	202656289
Transaction Type	Transfer
Record Updated	Oct 23, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	952 LARAMIE LN, ERIE, CO 80516-7531

Mortgage

Document Number	0000056290,
Date	Jul 2, 2026
Instrument	202656290

Lender

Name	INVESTORS MORTGAGE CAPITAL LLC

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jul 1, 2056

Interest

Rate Type	Fixed Rate
Initial Type	Fixed Rate
Max Rate	-1%

January 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	448 N STATE AVE, INDIANAPOLIS, IN 46201-3069
Transaction Type	Mortgage
Record Updated	Mar 3, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000002518
Date	Jan 6, 2021
Instrument	A202100002518

Lender

Name	TVC FUNDING III LLC
Type	Funding / Finance Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jan 1, 2051

Interest

Rate Type	Fixed Rate

September 2018: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	MARION IN
Recording Date	Sep 7, 2018
Property Address	448 N STATE AVE, INDIANAPOLIS, IN 46201-3069
Document Number	0000091065
Instrument Date	Aug 30, 2018
Instrument	91065
Transaction Type	Transfer
Record Updated	Dec 9, 2020
Title Company	AMERICAN TITLE COMPANY, AMERICAN TITLE SVCS

Transaction

Amount	Amount on Record
Tax	$0.00
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	202 E MARKET ST INDIANAPOLIS IN 462043306, INDIANAPOLIS, IN 46204-3306
Investor	Possibly a Property Investor

September 2018: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	MARION IN
Recording Date	Sep 7, 2018
Property Address	448 N STATE AVE, INDIANAPOLIS, IN 46201-3069
Document Number	0000091066
Map Reference	PB 8 PG 175
Instrument Date	Aug 30, 2018
Instrument	A201800091066
Transaction Type	Transfer
Record Updated	Jun 9, 2021

Transaction

Amount	Amount on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	202 E MARKET ST, 202, INDIANAPOLIS, IN 46204-3306

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	24962 ESTRIBOS, MISSION VIEJO, CA 92692-2709

Mortgage

Document Number	0000091067
Date	Sep 7, 2018
Instrument	A201800091067

Lender

Name	FTF LENDING LLC
Type	Funding / Finance Company

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Interest

Rate Type	Fixed Rate

March 2018: Tax Deed, Transfer

Document Type	Tax Deed
Jurisdiction	MARION IN
Recording Date	Mar 2, 2018
Property Address	448 N STATE AVE, INDIANAPOLIS, IN 46201-3069
Document Number	0000020784
Instrument Date	Dec 21, 2017
Instrument	20784
Transaction Type	Transfer
Record Updated	Mar 14, 2018

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	200 E WASHINGTON ST #2042 INDIANAPOLIS IN 462043328, 2042, INDIANAPOLIS, IN 46204-3328

Tax Assessment & Valuation

The 2025 property tax bill for 448 N State Ave was $7,110, up 41.9% from the year before.

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

Property Jurisdictions

Type	Name
State	Indiana
County	Marion County
County Subdivision	Center Township
Consolidated City	Indianapolis City
Unified School District	Indianapolis Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$7,110.00 (+41.89%)	$294,500 Land $6,900 Building $287,600	$294,500 Land $6,900 Building $287,600
2024	$5,011.00 (+66.37%)
2023	$3,012.00 (+27.84%)	$127,000 (+27.25%) Land $3,400 Building $123,600	$127,000 (+27.25%) Land $3,400 Building $123,600
2022	$2,356.00	$99,800 Land $3,400 Building $96,400	$99,800 Land $3,400 Building $96,400

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 448 N State Ave in Zone X, an area of minimal flood risk.

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

The area around 448 N State 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 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	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

Violations Reported to EPA

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.

Internet Providers

Source: FCC Broadband Data Collection, based on 658 locations within half a mile, as of December 31, 2025

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

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

Nearby Properties on N State Ave

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures