4875 W 56th St, Indianapolis, IN 46254 Property Records

Marion County property record for 4875 W 56th St, Indianapolis, IN 46254

Property Summary

Property Type	Regional Shopping Center, Mall
Details	10,225 sqft · built 2004
Lot Size	1.02 acres (44,605 sqft)
Owner	Company Name on File
Last Sale	$1,400,000 (Sep 2018)
Tax Bill	$34,312 (2025)
Deeds & Mortgages	Jul 2026 Mortgage Sep 2018 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`49-06-07-125-016.000-600`

Property Details

APN / Parcel Number

Primary APN	`49-06-07-125-016.000-600`
Alternative APN	`6014607`

Interior

Stories	1 Story
Building Area	10,225 sqft Gross Area
1st Floor Area	10,200 sqft
Flooring	Tile

Exterior

Year Built	Built 2004
Effective Year Built	Effective 2014
Exterior Material	Brick
Construction Type	Brick
Fire Resistance	Fireproof Reinforced Concrete
Lot Area	44,605 sqft (1.02 acres)
Porch	Stoop

Location & Zoning

Street Address	4875 W 56TH ST
City	INDIANAPOLIS
State	IN
Zip	46254-1499
Property Category	Commercial
Property Type	Commercial > Retail > Regional Shopping Center, Mall
Local Zoning Code	ZO01
Legal Description	' TO BEG
Legal Subdivision	NA
Jurisdiction	MARION IN
Township / Civil Division	PIKE
Census Block Group	1
Census Block	1003
Census Tract	310312

Owner

4875 W 56th St, a commercial property, is owned by a company that bought it in September 2018.

Source: Marion County records, as of August 11, 2026

Owner of Record	Company Name on File
Mailing Address	1425 W RAY ST, INDIANAPOLIS, IN 46221-1349
Owner Type	Company
Vesting	Company

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 29, 2026	Deed of Trust, Mortgage · Conventional Mortgage OLD NATIONAL BANK
Sep 11, 2018	Warranty Deed, Transfer · Commercial Mortgage CIBM BANK
Mar 6, 2017	Loan Modification, Mortgage CIBM BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 11, 2018 · Amount on File
Deed Sale	Sep 11, 2018 · Amount on File
Prior Sale	Oct 3, 2013 · Amount on File
Deed Document Number	201892008
Record Updated	Sep 20, 2026

July 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Recording Date	Jul 29, 2026
Property Address	4875 W 56TH ST, INDIANAPOLIS, IN 46254-1499
Document Number	0000065225
Instrument Date	Jul 14, 2026
Instrument	202665225
Transaction Type	Mortgage
Record Updated	Aug 11, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266
Address	1425 W RAY ST, INDIANAPOLIS, IN 46221-1349

Mortgage

Document Number	0000065225,
Date	Jul 29, 2026
Instrument	202665225

Lender

Name	OLD NATIONAL BANK

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	60 Months
Due	Jul 14, 2031

Interest

Rate	6.47%
Max Rate	-1%

September 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION IN
Recording Date	Sep 11, 2018
Property Address	4875 W 56TH ST, INDIANAPOLIS, IN 46254-1499
Document Number	0000092008
Map Reference	IN 664566
Instrument Date	Aug 30, 2018
Instrument	A201800092008
Transaction Type	Transfer
Record Updated	Aug 8, 2022

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1425 W RAY ST, INDIANAPOLIS, IN 46221-1349

Mortgage

Document Number	0000092009
Date	Sep 11, 2018
Instrument	A201800092009

Lender

Name	CIBM BANK

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Interest

Rate Type	Fixed Rate

March 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	MARION IN
Property Address	4875 W 56TH ST, INDIANAPOLIS, IN 46254-1499
Document Number	0000044825
Instrument Date	Mar 6, 2017
Transaction Type	Mortgage
Record Updated	Apr 21, 2017

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	6506 HAZELWOOD AVE INDIANAPOLIS IN 462604468, INDIANAPOLIS, IN 46260-4468

Mortgage

Document Number	0000044825
Date	Apr 18, 2017
Instrument	44825

Lender

Name	CIBM BK
Type	Bank
Address	5120 E 82ND ST, INDIANAPOLIS, IN 46250-1626

Agreement

Amount	Amount on Record
Term	24 Months
Due	Apr 17, 2019

Tax Assessment & Valuation

The 2025 property tax bill for 4875 W 56th St was $34,312.

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

Property Jurisdictions

Type	Name
State	Indiana
County	Marion County
County Subdivision	Pike Township
Consolidated City	Indianapolis City
Unified School District	Pike Township Metropolitan School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$34,312.00	$1,317,900 Land $147,200 Building $1,170,700	$1,317,900 Land $147,200 Building $1,170,700
2023	$25,813.00 (-0.52%)	$1,106,600 (-0.02%) Land $147,200 Building $959,400	$1,106,600 (-0.02%) Land $147,200 Building $959,400
2022	$25,947.00 (+1.97%)	$1,106,800 Land $147,200 Building $959,600	$1,106,800 Land $147,200 Building $959,600
2021	$25,446.00

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

Flood

FEMA maps place 4875 W 56th St 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

Wildfire risk around 4875 W 56th St is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 99.1% of the US · lower than 94% of Indiana
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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 451 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL	5,000 / 5,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	1,000 / 75

May also be available: Spectrum.

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