5140 Commerce Cir, Indianapolis, IN 46237 Property Records

Marion County property record for 5140 Commerce Cir, Indianapolis, IN 46237

Property Summary

Property Type	Commercial Office
Details	5,060 sqft · built 1995
Lot Size	0.806 acres (35,114 sqft)
Owner	Company Name on File
Last Sale	$925,000 (Feb 2022)
Tax Bill	$17,359 (2024)
Deeds & Mortgages	Mar 2022 Mortgage Feb 2022 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`49-15-15-107-008.000-300`

Property Details

APN / Parcel Number

Primary APN	`49-15-15-107-008.000-300`
Alternative APN	`3011938`

Interior

Stories	1 Story
Building Area	5,060 sqft Gross Area
1st Floor Area	5,060 sqft

Exterior

Year Built	Built 1995
Effective Year Built	Effective 2013
Exterior Material	Brick
Construction Type	Brick
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	35,114 sqft (0.806 acres)
View / Lot	Restrictions

Location & Zoning

Street Address	5140 COMMERCE CIR
City	INDIANAPOLIS
State	IN
Zip	46237-9744
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Local Zoning Code	ZO01
Legal Description	PT W1/2 SW1/4 S15 T14 R4 BEG 951 N 50 E 265 N107.32 E & 150.41 N OF SW COR SE 64.13 NE IRR110.89 NW 214.81 SW 150.35 S 27.9 SE IRR35.51 TO BEG .806AC
Legal Range	4
Legal Township	14
Legal Section	15
Jurisdiction	MARION IN
Township / Civil Division	FRANKLIN
Census Block Group	2
Census Block	2008
Census Tract	390405

Owner

Source: Marion County assessment roll, as of March 16, 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 File
Mailing Address	5140 COMMERCE CIR, INDIANAPOLIS, IN 46237-9744
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Mar 15, 2022	Deed of Trust, Mortgage · Conventional Mortgage CITIZENS BANK
Feb 7, 2022	Limited Warranty Deed, Transfer · Commercial Mortgage CITIZENS BANK NA
Nov 7, 2019	Warranty Deed, Transfer

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Feb 7, 2022 · Amount on Record
Deed Sale	Feb 7, 2022 · Amount on Record
Prior Sale	Nov 7, 2019 · Amount on Record
Deed Document Number	202216030
Prior Transfer Date	Jan 31, 2022
Prior Transfer Doc	0000016030
Record Updated	Jun 8, 2026

March 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	5140 COMMERCE CIR, INDIANAPOLIS, IN 46237-9744
Transaction Type	Mortgage
Record Updated	Jun 12, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000031612
Date	Mar 15, 2022
Instrument	A202200031612

Lender

Name	CITIZENS BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	72 Months
Due	Sep 11, 2022

Interest

Rate Type	Fixed Rate

February 2022: Limited Warranty Deed, Transfer

Document Type	Limited Warranty Deed
Jurisdiction	MARION IN
Recording Date	Feb 7, 2022
Property Address	5140 COMMERCE CIR, INDIANAPOLIS, IN 46237-9744
Document Number	0000016030
Map Reference	IN 7465902
Instrument Date	Jan 31, 2022
Instrument	A202200016030
Transaction Type	Transfer
Record Updated	Jun 12, 2023
Title Company	CHICAGO TITLE

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5140 COMMERCE CIR, INDIANAPOLIS, IN 46237-9744

Mortgage

Document Number	0000016031
Date	Feb 7, 2022
Instrument	A202200016031

Lender

Name	CITIZENS BANK NA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	72 Months
Due	Jul 28, 2022

Interest

Rate Type	Fixed Rate

November 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION IN
Recording Date	Nov 7, 2019
Property Address	5140 COMMERCE CIR, INDIANAPOLIS, IN 46237-9744
Document Number	0000110196
Instrument Date	Nov 1, 2019
Instrument	A201900110196
Transaction Type	Transfer
Record Updated	Aug 15, 2022

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	14550 GEIST RIDGE DR, FISHERS, IN 46040-9021

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Indiana
County	Marion County
County Subdivision	Franklin Township
Consolidated City	Indianapolis City
Unified School District	Franklin Township Community School Corporation (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$919,700 (+36.19%) Land $169,300 Building $750,400	$919,700 (+36.19%) Land $169,300 Building $750,400
2024	$17,359.00 (+4.2%)
2023	$16,659.00 (-20.57%)	$675,300 (+32.96%) Land $169,300 Building $506,000	$675,300 (+32.96%) Land $169,300 Building $506,000
2022	$20,973.00 (+55.6%)	$507,900 Land $169,300 Building $338,600	$507,900 Land $169,300 Building $338,600
2021	$13,479.00

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	Not rated no burnable land within ember reach

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 68 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable · Fiber in parts of the area	2,000 / 250
Starlink Satellite	280 / 30
T-Mobile USA Fixed Wireless	100 / 20

May also be available: AT&T, Metronet Holdings, Verizon.

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