5180 Commerce Cir, Indianapolis, IN 46237 Property Records

Marion County property record for 5180 Commerce Cir, Indianapolis, IN 46237

Property Summary

Property Type	Commercial Office
Details	6,000 sqft · built 1986
Lot Size	1.42 acres (61,856 sqft)
Owner	Company Name on File
Last Sale	$775,000 (Aug 2022)
Tax Bill	$8,560 (2024)
Deeds & Mortgages	Aug 2022 Mortgage Feb 2020 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`49-15-15-107-020.000-300`

Property Details

APN / Parcel Number

Primary APN	`49-15-15-107-020.000-300`
Alternative APN	`3009451`

Interior

Stories	1 Story
Building Area	6,000 sqft Gross Area
1st Floor Area	6,000 sqft

Exterior

Year Built	Built 1986
Effective Year Built	Effective 2004
Exterior Material	Concrete Block
Construction Type	Metal Frame
Lot Area	61,856 sqft (1.42 acres)

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	5180 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 NW1/4 SW1/4 S15 T14 R4 BEG 1889.7 N & 74.25 E5.12 SW & 144.59 E OF SW COR P.O.B. E259.15SE313.56 SWRLY109.8 NW429.83 TO BEG
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 records, as of April 14, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on File
Mailing Address	5180 COMMERCE CIR, INDIANAPOLIS, IN 46237-9744
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Aug 26, 2022	Warranty Deed, Transfer · Commercial Mortgage JP MORGAN CHASE BANK
Feb 25, 2020	Deed of Trust, Mortgage · Line of Credit FIRST BK/RICHMOND

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 26, 2022 · Amount on File
Deed Sale	Aug 26, 2022 · Amount on File
Deed Document Number	202296336
Record Updated	Oct 29, 2026

August 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION IN
Recording Date	Aug 26, 2022
Property Address	5180 COMMERCE CIR, INDIANAPOLIS, IN 46237-9744
Document Number	0000096336
Map Reference	IN 8421931
Instrument Date	Aug 23, 2022
Instrument	A202200096336
Transaction Type	Transfer
Record Updated	Jun 23, 2026
Title Company	LANDQUEST TITLE

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5180 COMMERCE CIR, INDIANAPOLIS, IN 46237-9744

Mortgage

Document Number	0000096337
Date	Aug 26, 2022
Instrument	A202200096337

Lender

Name	JP MORGAN CHASE BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	120 Months
Due	Aug 18, 2032

Interest

Rate Type	Fixed Rate

February 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	5180 COMMERCE CIR, INDIANAPOLIS, IN 46237-9744
Document Number	0000020924
Instrument Date	Feb 25, 2020
Transaction Type	Mortgage
Record Updated	Mar 17, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	5180 COMMERCE CIR INDIANAPOLIS IN 462379744, INDIANAPOLIS, IN 46237-9744

Mortgage

Document Number	0000020924
Date	Feb 26, 2020
Instrument	20924

Lender

Name	FIRST BK/RICHMOND
Type	Bank
Address	RICHMOND, IN 47374

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	240 Months
Due	Feb 25, 2040

Interest

Rate Type	Adjustable Rate

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		$401,100 (+20.45%) Land $242,000 Building $159,100	$401,100 (+20.45%) Land $242,000 Building $159,100
2024	$8,560.00 (+4.2%)
2023	$8,215.00 (-7.9%)	$333,000 (+2.15%) Land $242,000 Building $91,000	$333,000 (+2.15%) Land $242,000 Building $91,000
2022	$8,920.00	$326,000 Land $242,000 Building $84,000	$326,000 Land $242,000 Building $84,000

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

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

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 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 Fixed Wireless	100 / 20

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

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