Marion County property record for 5050 E 38th St, Indianapolis, IN 46218
| Property Type | Neighborhood Shopping Center, Strip Center |
|---|---|
| Details | 8,458 sqft · built 1967 |
| Lot Size | 0.755 acres (32,931 sqft) |
| Owner | Company Name on File |
| Tax Bill | $7,612 (2023) |
| Flood Zone | Zone X (minimal risk) |
| APN | 49-07-16-123-020.000-801 |
| Primary APN | 49-07-16-123-020.000-801 |
|---|---|
| Alternative APN |
|
| Stories | 1 Story |
|---|---|
| Building Area | 8,458 sqft Total Area |
| Year Built | Built 1967 |
|---|---|
| Fire Resistance | Masonry Walls, Wood Interior |
| Lot Area | 32,931 sqft (0.755 acres) |
| Account Number | 8048876 |
|---|---|
| Old Parcel Number | 8048876 |
| Street Address | 5050 E 38TH ST |
| City | INDIANAPOLIS |
| State | IN |
| Zip | 46218-8301 |
| Property Category | Commercial |
| Property Type | Commercial > Retail > Neighborhood Shopping Center, Strip Center |
| Legal Description | BEG 225FT W OF SE COR W 184.046FT N 178.28FT E184.046FT S 178.28FT PT SE1/4 SE1/4 S16 T16 R40.756AC |
| Legal Range | 40 |
| Legal Township | 16 |
| Legal Section | 16 |
| Legal Subdivision | JOHN R MESSICKS ADD 01 |
| Legal Lot Number | 7 |
| Jurisdiction | MARION IN |
| Township / Civil Division | WASHINGTON |
| Census Block Group | 2 |
| Census Block | 2012 |
| Census Tract | 322700 |
5050 E 38th St, a commercial property, is owned by a company that acquired it in October 2015.
Source: Marion County records, as of May 10, 2024
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 8500 E 116TH ST UNIT 841, 841, FISHERS, IN 46038-0439 |
| Owner Type | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Oct 14, 2015 |
| Deed Sale | Oct 14, 2015 |
| Deed Document Number | 2005-0018290 |
| Prior Transfer Date | Feb 4, 2005 |
| Prior Transfer Doc | 2005-0018290 |
| Record Updated | Jun 7, 2026 |
Source: Marion County assessment roll, as of July 1, 2023
| Type | Name |
|---|---|
| State | Indiana |
| County | Marion County |
| County Subdivision | Washington Township |
| Consolidated City | Indianapolis City |
| Unified School District | Indianapolis Public Schools (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2023 | $7,612.00 (-0.21%) | $278,200 (-) Land $72,500 Building $205,700 | $278,200 (-) Land $72,500 Building $205,700 |
| 2022 | $7,628.00 | $278,200 Land $72,500 Building $205,700 | $278,200 Land $72,500 Building $205,700 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 5050 E 38th St in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective June 7, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Community Rating System | Class 8 (10% premium discount) |
| Nearby Flood Policies | 1 in force |
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 risk around 5050 E 38th 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 | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
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 |
| 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.
Source: FCC Broadband Data Collection, based on 441 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 |
| Verizon Fixed Wireless | 300 / 20 |
May also be available: T-Mobile.
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