5245 Commerce Cir, Indianapolis, IN 46237 Property Records

Marion County property record for 5245 Commerce Cir, Indianapolis, IN 46237

Property Summary

Property Type	Warehouse, Storage
Details	4,000 sqft · built 1995
Lot Size	0.528 acres (23,000 sqft)
Owner	Company Name on Record
Tax Bill	$6,367 (2024)
Deeds & Mortgages	Nov 2022 Mortgage Mar 2020 Sale
Flood Zone	Zone X (minimal risk)
APN	`49-15-15-107-002.000-300`

Property Details

APN / Parcel Number

Primary APN	`49-15-15-107-002.000-300`
Alternative APN	`3012329`

Interior

Stories	1 Story
Building Area	4,000 sqft Gross Area
1st Floor Area	4,000 sqft

Exterior

Year Built	Built 1995
Effective Year Built	Effective 2008
Exterior Material	Brick
Construction Type	Frame
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	23,000 sqft (0.528 acres)
View / Lot	Restrictions
Shed	1 Shed
Shed Area	651 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	5245 COMMERCE CIR
City	INDIANAPOLIS
State	IN
Zip	46237-9747
Property Category	Industrial
Property Type	Industrial > Warehouse, Storage
Local Zoning Code	ZO01
Legal Description	PT SW1/4 S15 T14 R4 BEG 951FT N 385FT E 800.38FTNERLY & 414.62FT E & 35FT S OF SW COR E 120FT S192 FT W 120FT N 192FT TO BEG .528AC
Legal Range	4
Legal Township	14
Legal Section	15
Legal Subdivision	COMMERCE SQUARE LIMITED LTD
Jurisdiction	MARION IN
Township / Civil Division	FRANKLIN
Census Block Group	2
Census Block	2009
Census Tract	390405

Owner

Source: Marion County records, as of April 14, 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	107 SCHULER DR, BARDSTOWN, KY 40004-3201
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Nov 4, 2022	Deed of Trust, Mortgage · Commercial Mortgage TOWN & COUNTRY BANK & TRUST
Mar 12, 2020	Grant Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Record Updated	Jun 8, 2026

November 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	5245 COMMERCE CIR, INDIANAPOLIS, IN 46237-9747
Transaction Type	Mortgage
Record Updated	Nov 30, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000119989
Date	Nov 4, 2022
Instrument	A202200119989

Lender

Name	TOWN & COUNTRY BANK & TRUST
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Oct 30, 2027

Interest

Rate Type	Fixed Rate

March 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MARION IN
Recording Date	Mar 12, 2020
Property Address	5245 COMMERCE CIR, INDIANAPOLIS, IN 46237-9747
Document Number	0000027287
Instrument Date	Mar 4, 2020
Instrument	27287
Transaction Type	Transfer
Record Updated	Dec 7, 2020
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	107 SCHULER DR BARDSTOWN KY 400043201, BARDSTOWN, KY 40004-3201

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		$252,000 (+1.74%) Land $103,400 Building $148,600	$252,000 (+1.74%) Land $103,400 Building $148,600
2024	$6,367.00 (+4.21%)
2023	$6,110.00 (-10.05%)	$247,700 (-0.24%) Land $103,400 Building $144,300	$247,700 (-0.24%) Land $103,400 Building $144,300
2022	$6,793.00 (-6.88%)	$248,300 Land $103,400 Building $144,900	$248,300 Land $103,400 Building $144,900
2021	$7,295.00

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

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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