5117 E 38th St, Indianapolis, IN 46218 Property Records

Marion County property record for 5117 E 38th St, Indianapolis, IN 46218

Property Summary

Property Type	Motel
Details	19,452 sqft · built 1954
Lot Size	0.634 acres (27,617 sqft)
Owner	Company Name on Record
Last Sale	$15,400 (Feb 2020)
Tax Bill	$25,178 (2025)
Deeds & Mortgages	Feb 2020 Sale
Flood Zone	Zone X (minimal risk)
APN	`49-07-22-110-123.000-701`

Property Details

APN / Parcel Number

Primary APN	`49-07-22-110-123.000-701`
Alternative APN	`7004774`

Interior

Units	215 Units
Stories	3 Stories
Building Area	19,452 sqft Total Area

Exterior

Year Built	Built 1954
Effective Year Built	Effective 2010
Exterior Material	Brick
Construction Type	Steel Frame
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	27,617 sqft (0.634 acres)
Utility Building	19,452 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	5117 E 38TH ST
City	INDIANAPOLIS
State	IN
Zip	46218-1716
Property Category	Commercial
Property Type	Commercial > Retail > Motel
Local Zoning Code	ZO01
Legal Description	HARRISON HEIGHTS ADDITION L4-6 EXCEPT BEG 5 S OF NW COR L4 P.O.B. E162 S21.66 SW82.18 W79.83 N25.61 TO BEG
Legal Subdivision	HARRISON HEIGHTS ADDITION
Legal Lot Number	4-6,4
Jurisdiction	MARION IN
Township / Civil Division	WARREN
Census Block Group	3
Census Block	3002
Census Tract	360102

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	5117 E 38TH ST, INDIANAPOLIS, IN 46218-1716
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 19, 2020 · Amount on Record
Deed Sale	Feb 19, 2020 · Amount on Record
Prior Sale	Jan 28, 2010 · Amount on Record
Deed Document Number	202018618
Prior Transfer Date	Jun 9, 2009
Prior Transfer Doc	0000062965
Record Updated	Oct 29, 2026

February 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION IN
Recording Date	Feb 19, 2020
Property Address	5117 E 38TH ST, INDIANAPOLIS, IN 46218-1716
Document Number	0000018618
Map Reference	MB 15 PG 72
Instrument Date	Sep 6, 2019
Instrument	A202000018618
Transaction Type	Transfer
Record Updated	Sep 17, 2021

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1501 W WASHINGTON ST, INDIANAPOLIS, IN 46222-4550
Investor	Possibly a Property Investor

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Indiana
County	Marion County
County Subdivision	Warren 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	$25,178.00 (+317.82%)	$914,400 (+316.39%) Land $60,800 Building $853,600	$914,400 (+316.39%) Land $60,800 Building $853,600
2024	$6,026.00 (+0.37%)
2023	$6,004.00 (-0.25%)	$219,600 (-) Land $60,800 Building $158,800	$219,600 (-) Land $60,800 Building $158,800
2022	$6,019.00	$219,600 Land $60,800 Building $158,800	$219,600 Land $60,800 Building $158,800

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

Flood

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

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

Wildfire Risk	Low lower than 98% of the US · lower than 85% 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 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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