515 Indian Ave, Middletown, RI 02842 Property Records

Middletown Town property record for 515 Indian Ave, Middletown, RI 02842

Property Summary

Property Type	Residential Multi-Family (5+ Units)
Lot Size	1.7 acres (74,052 sqft)
Owner	Company Name on File
Last Sale	$3,250,000 (Jul 2010)
Tax Bill	$62,581 (2025)
Deeds & Mortgages	Sep 2017 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`199900112`

Property Details

APN / Parcel Number

Primary APN	`199900112`
Alternative APN	`MIDD M:0129 B:00 L:166`

Exterior

Architectural Style	Duplex Single
Lot Area	74,052 sqft (1.7 acres)
Deck Area	Deck Area
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Cooling System	HVAC

Location & Zoning

Account Number	199900112
Street Address	515 INDIAN AVE
City	MIDDLETOWN
State	RI
Zip	02842-5766
Property Category	Residential
Property Type	Residential > Multi-Unit > Residential Multi-Family (5+ Units)
Local Zoning Code	R60
Legal Lot Number	166
Jurisdiction	MIDDLETOWN RI
Township / Civil Division	MIDDLETOWN
Census Block Group	1
Census Block	1051
Census Tract	40400

Owner

Source: Middletown Town records · APN 199900112

Assessment roll updated June 22, 2026 · Last verified June 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	200 BELLEVUE PKWY, 250, WILMINGTON, DE 19809-3747
Owner Type	Company
Vesting	Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jul 15, 2010 · Amount on Record
Deed Sale	Jul 15, 2010 · Amount on Record
Deed Book / Page	1199 / 66
Record Updated	Sep 20, 2026

September 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MIDDLETOWN RI
Property Address	515 INDIAN AVE, MIDDLETOWN, RI 02842-5766
Transaction Type	Mortgage
Record Updated	Nov 08, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	1534-248
Date	Sep 29, 2017
Book Page	1534/248
Instrument	2462

Lender

Name	GOLDMAN SACHS BANK US

Agreement

Type	ARM
Amount	Amount Recorded
Term	360 Months
Due	Sep 01, 2047

Interest

Rate Type	Adjustable Rate
Rate	3.35%

Tax Assessment & Valuation

Source: Middletown Town records · Assessment roll updated June 22, 2026 · Last verified June 2026

Property Jurisdictions

Type	Name
State	Rhode Island
County Subdivision	Middletown Town
Unified School District	Middletown School District (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes and is not a market price estimate.

Year	Tax Bill	Assessed Value
2025	$62,581.00 (+16%)	$5,308,000 (+23.88%) Land $3,700,000 Building $1,608,000
2023	$53,947.00 (+4.74%)	$4,284,900 (-) Land $2,600,000 Building $1,684,900
2022	$51,504.00	$4,284,900 Land $2,600,000 Building $1,684,900

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of December 26, 2025 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone VE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 16 policies
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	16 in force
Nearby Flood Claims	4 (1991–2023)
Claims Outside the SFHA	2 of 4
Most Recent Claim	Sep 2023 · rainfall accumulation

Wildfire

Wildfire Risk	Low lower than 95% of the US · lower than 85% of Rhode Island
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

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.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

Provider	Max Down / Up (Mbps)
Cox Communications Fiber · Cable in parts of the area	1,000 / 35

Based on FCC filings for 20 locations within half a mile of this property.

Cell Coverage

5G (outdoors only) and 4G LTE

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water System	NAVAL STATION, NEWPORT federal government · serves 7,870 people
Water Source	Purchased surface water from several systems
Last State Inspection	Apr 2025
Lead	8 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 as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ. This system sells water to local utilities; the supplier billing this address may be one of them. The full violation and enforcement history is in the system's EPA record.