5285 E 38th St, Indianapolis, IN 46218 Property Records

Marion County property record for 5285 E 38th St, Indianapolis, IN 46218

Property Summary

Property Type	Department Store (Apparel, Household Goods, Furniture)
Details	8,320 sqft · built 2016
Lot Size	1.21 acres (52,719 sqft)
Owner	Company Name on Record
Last Sale	$23,665 (Jul 2020)
Tax Bill	$30,164 (2025)
Deeds & Mortgages	Sep 2021 Mortgage Jul 2020 Sale
Flood Zone	Zone X (minimal risk)
APN	`49-07-22-110-229.000-701`

Property Details

APN / Parcel Number

Primary APN	`49-07-22-110-229.000-701`
Alternative APN	`7004471`

Interior

Stories	1 Story
Building Area	8,320 sqft Gross Area
1st Floor Area	8,320 sqft

Exterior

Year Built	Built 2016
Effective Year Built	Effective 2016
Exterior Material	Concrete Block
Construction Type	Frame
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	52,719 sqft (1.21 acres)

Location & Zoning

Street Address	5285 E 38TH ST
City	INDIANAPOLIS
State	IN
Zip	46218-1718
Property Category	Commercial
Property Type	Commercial > Retail > Department Store (Apparel, Household Goods, Furniture)
Local Zoning Code	ZO01
Legal Description	HARRISON HEIGHTS L17-21 EX BEG NW COR L17 P.O.B. E273 S21.46 NW129.17 W144.04 N16.29 TO BEG 1.21AC (.99AC TAX)
Legal Subdivision	HARRISON HEIGHTS
Legal Lot Number	20
Jurisdiction	MARION IN
Township / Civil Division	WARREN
Census Block Group	3
Census Block	3000
Census Tract	360102

Owner

Source: Marion County records, as of October 13, 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	500 VOLVO PKWY, CHESAPEAKE, VA 23320-1604
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Sep 16, 2021	Deed of Trust, Mortgage · Commercial Mortgage CENTIER BANK
Jul 24, 2020	Warranty Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 24, 2020 · Amount on Record
Deed Sale	Jul 24, 2020 · Amount on Record
Deed Document Number	202078093
Prior Transfer Date	Jun 12, 2012
Prior Transfer Doc	0000088668
Record Updated	Oct 29, 2026

September 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	5285 E 38TH ST, INDIANAPOLIS, IN 46218-1718
Transaction Type	Mortgage
Record Updated	Sep 15, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000123775
Date	Sep 16, 2021
Instrument	A202100123775

Lender

Name	CENTIER BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	180 Months
Due	Sep 25, 2036

Interest

Rate Type	Adjustable Rate

July 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION IN
Recording Date	Jul 24, 2020
Property Address	5285 E 38TH ST, INDIANAPOLIS, IN 46218-1718
Document Number	0000078093
Instrument Date	Apr 24, 2020
Instrument	78093
Transaction Type	Transfer
Record Updated	Aug 6, 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
Investor	Possibly a Property Investor

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Indiana
County	Marion County
County Subdivision	Warren Township
Consolidated City	Indianapolis City
Unified School District	Indianapolis Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$30,164.00 (+26.48%)	$1,098,200 (+34.3%) Land $166,100 Building $932,100	$1,098,200 (+34.3%) Land $166,100 Building $932,100
2024	$23,848.00 (+6.65%)
2023	$22,360.00 (-4.98%)	$817,700 (-4.75%) Land $166,100 Building $651,600	$817,700 (-4.75%) Land $166,100 Building $651,600
2022	$23,532.00 (+17.89%)	$858,500 Land $166,100 Building $692,400	$858,500 Land $166,100 Building $692,400
2021	$19,961.00

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	Low lower than 98% of the US · lower than 85% of Indiana
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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 441 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · Fixed Wireless, DSL in parts of the area	5,000 / 5,000
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	300 / 20

May also be available: T-Mobile.

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