5217 Commerce Cir, Indianapolis, IN 46237 Property Records

Marion County property record for 5217 Commerce Cir, Indianapolis, IN 46237 · Last verified April 2026

Property Summary

Property Type	Commercial Office
Details	3,182 sqft · built 1997
Lot Size	0.613 acres (26,703 sqft)
Owner	Company Name on File
Last Sale	$600,000 (May 2023)
Tax Bill	$10,757 (2024)
Deeds & Mortgages	May 2023 Sale
Flood Zone	Zone X (minimal risk)
APN	`49-15-15-107-049.000-300`

Property Details

APN / Parcel Number

Primary APN	`49-15-15-107-049.000-300`
Alternative APN	`3012855`

Interior

Stories	1 Story
Building Area	3,182 sqft Gross Area
1st Floor Area	3,182 sqft

Exterior

Year Built	Built 1997
Effective Year Built	Effective 2011
Exterior Material	Concrete Block
Construction Type	Frame
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	26,703 sqft (0.613 acres)
View / Lot	Restrictions

Location & Zoning

Street Address	5217 COMMERCE CIR
City	INDIANAPOLIS
State	IN
Zip	46237-9747
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Legal Description	PT SW1/4 S15 T14 R4 BEG 951FT N, 385FT E, 835.9FTNRLY & 35FT S OF SW COR E 100FT S 267FT W 100FT N267FT TO BEG .613AC
Legal Range	4
Legal Township	14
Legal Section	15
Jurisdiction	MARION IN
Township / Civil Division	FRANKLIN
Census Block Group	2
Census Block	2009
Census Tract	390405

Owner

Source: Marion County records · APN 49-15-15-107-049.000-300

Assessment roll updated March 16, 2026 · Last verified April 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	500 CARL OLSEN ST, MAPLETON, ND 58059-4054
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	May 26, 2023 · Amount on Record
Deed Sale	May 26, 2023 · Amount on Record
Deed Document Number	202342389
Record Updated	Jun 08, 2026

May 2023: Limited Warranty Deed, Transfer

Document Type	Limited Warranty Deed
Jurisdiction	MARION IN
Recording Date	May 26, 2023
Property Address	5217 COMMERCE CIR, INDIANAPOLIS, IN 46237-9747
Document Number	0000042389
Map Reference	IN 74-65902
Instrument Date	May 22, 2023
Instrument	A202300042389
Transaction Type	Transfer
Record Updated	Jun 21, 2023
Title Company	E-CHICAGO TITLE, 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	500 CARL OLSEN ST, MAPLETON, ND 58059-4054

Tax Assessment & Valuation

Source: Marion County records · Assessment roll updated March 16, 2026 · Last verified April 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

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$500,700 (+88.02%) Land $127,600 Building $373,100	$500,700 (+88.02%) Land $127,600 Building $373,100
2024	$10,757.00 (+63.75%)
2023	$6,569.00 (-9.84%)	$266,300 (-) Land $127,600 Building $138,700	$266,300 (-) Land $127,600 Building $138,700
2022	$7,286.00	$266,300 Land $127,600 Building $138,700	$266,300 Land $127,600 Building $138,700

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Marion County (18097C), updated June 7, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.