5212 Madison Ave, Indianapolis, IN 46227 Property Records

Marion County property record for 5212 Madison Ave, Indianapolis, IN 46227

Property Summary

Property Type	Commercial Office
Details	7,440 sqft · built 1983
Lot Size	0.747 acres (32,540 sqft)
Owner	Company Name on Record
Last Sale	$605,856 (Apr 2026)
Tax Bill	$6,344 (2024)
Deeds & Mortgages	Apr 2026 Sale & Mortgage Oct 2020 Transfer
Flood Zone	Zone X (minimal risk)
APN	`49-15-06-123-014.000-500`

Property Details

APN / Parcel Number

Primary APN	`49-15-06-123-014.000-500`
Alternative APN	`5000380`

Interior

Units	11 Units
Stories	1 Story
Building Area	7,440 sqft Gross Area
1st Floor Area	7,440 sqft

Exterior

Year Built	Built 1983
Effective Year Built	Effective 2010
Exterior Material	Brick
Construction Type	Brick
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	32,540 sqft (0.747 acres)

Location & Zoning

Street Address	5212 MADISON AVE
City	INDIANAPOLIS
State	IN
Zip	46227-4353
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Legal Description	ELDERS CLOVERDALE ADD L11
Legal Subdivision	ELDERS CLOVERDALE ADD
Legal Lot Number	11
Jurisdiction	MARION IN
Township / Civil Division	PERRY
Census Block Group	3
Census Block	3006
Census Tract	380800

Owner

Source: Marion County records, as of April 22, 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	5212 MADISON AVE, K, INDIANAPOLIS, IN 46227-4225
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Apr 10, 2026	Deed, Transfer · Conventional Mortgage INDIANA MEMBERS CREDIT UNION
Oct 19, 2020	Quit Claim Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 10, 2026 · Amount on Record
Deed Sale	Apr 10, 2026 · Amount on Record
Prior Sale	Jun 14, 2012
Deed Document Number	202629537
Prior Transfer Date	Oct 7, 2020
Prior Transfer Doc	0000119035
Record Updated	Oct 29, 2026

April 2026: Deed, Transfer

Document Type	Deed
Jurisdiction	MARION IN
Recording Date	Apr 10, 2026
Property Address	5212 MADISON AVE, INDIANAPOLIS, IN 46227-4353
Document Number	0000029537
Instrument Date	Mar 31, 2026
Instrument	202629537
Transaction Type	Transfer
Record Updated	Apr 23, 2026
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Estimated Sale Price
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership
Address	5212 MADISON AVE, INDIANAPOLIS, IN 46227-4353

Mortgage

Document Number	0000029538,
Date	Apr 10, 2026
Instrument	202629538

Lender

Name	INDIANA MEMBERS CREDIT UNION

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	120 Months
Due	Apr 10, 2036

Interest

Rate Type	Fixed Rate
Rate	5.98%
Initial Type	Fixed Rate
Max Rate	-1%

October 2020: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	MARION IN
Recording Date	Oct 19, 2020
Property Address	5212 MADISON AVE, INDIANAPOLIS, IN 46227-4353
Document Number	0000119035
Instrument Date	Oct 7, 2020
Instrument	119035
Transaction Type	Transfer
Record Updated	Nov 4, 2020
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Revocable Trust
Address	4710 CARSON AVE INDIANAPOLIS IN 462276633, INDIANAPOLIS, IN 46227-6633

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Indiana
County	Marion County
County Subdivision	Perry Township
Consolidated City	Indianapolis City
Unified School District	Perry Township Metropolitan School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$321,300 (+41.48%) Land $71,600 Building $249,700	$321,300 (+41.48%) Land $71,600 Building $249,700
2024	$6,344.00 (-0.02%)
2023	$6,345.00 (+0.63%)	$227,100 (+0.93%) Land $71,600 Building $155,500	$227,100 (+0.93%) Land $71,600 Building $155,500
2022	$6,305.00 (+2.3%)	$225,000 Land $71,600 Building $153,400	$225,000 Land $71,600 Building $153,400
2021	$6,163.00

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	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.

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

Provider	Max Down / Up (Mbps)
AT&T Fiber	5,000 / 5,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Spectrum.

Nearby Properties on Madison Ave

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures