5311 Commerce Cir, Indianapolis, IN 46237 Property Records

Marion County property record for 5311 Commerce Cir, Indianapolis, IN 46237

Property Summary

Property TypeCommercial
Details9,600 sqft · built 1990
Lot Size0.85 acres (37,026 sqft)
OwnerCompany Name on Record
Last Sale$475,000 (Mar 2018)
Tax Bill$11,745 (2024)
Deeds & MortgagesMar 2018 Mortgage
Flood ZoneZone X (minimal risk)
APN49-15-15-107-042.000-300

Property Details

APN / Parcel Number

Primary APN49-15-15-107-042.000-300
Alternative APN
  • 3010685

Interior

Stories1 Story
Building Area9,600 sqft Gross Area
1st Floor Area9,600 sqft

Exterior

Year BuiltBuilt 1990
Effective Year BuiltEffective 2008
Exterior MaterialConcrete Block
Construction TypeMetal Frame
Lot Area37,026 sqft (0.85 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC

Location & Zoning

Street Address5311 COMMERCE CIR
CityINDIANAPOLIS
StateIN
Zip46237-9749
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionPT SW1/4 S15 T14 R4 BEG 1168FT N & 1294FT E OF SWCOR N 158FT E 194.09FT SE 101.51FT SRLY 77.28FT W275.12FT TO BEG .85AC
Legal Range4
Legal Township14
Legal Section15
JurisdictionMARION IN
Township / Civil DivisionFRANKLIN
Census Block Group2
Census Block2009
Census Tract390405

Owner

Source: Marion County records, as of March 16, 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 RecordCompany Name on Record
Mailing Address7406 GLENVIEW DR E, INDIANAPOLIS, IN 46250-2456
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 2, 2018 · Amount on Record
Deed SaleMar 2, 2018 · Amount on Record
Prior SaleFeb 21, 2018 · Amount on Record
Deed Document Number201820623
Prior Transfer DateFeb 21, 2013
Prior Transfer Doc0000023284
Record UpdatedSep 20, 2026

March 2018: Deed, Transfer

Document TypeDeed
JurisdictionMARION IN
Recording DateMar 2, 2018
Property Address5311 COMMERCE CIR, INDIANAPOLIS, IN 46237-9749
Document Number0000020623
Instrument DateFeb 21, 2018
InstrumentA201800020623
Transaction TypeTransfer
Record UpdatedJun 9, 2021
Title CompanyFIRST AMERICAN TITLE

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address5727 N EWING ST, INDIANAPOLIS, IN 46220-5409

Mortgage

Document Number0000020625
DateMar 2, 2018
InstrumentA201800020625
Lender
NameWELLS FARGO BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term300 Months
DueFeb 16, 2043
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIndiana
CountyMarion County
County SubdivisionFranklin Township
Consolidated CityIndianapolis City
Unified School DistrictFranklin Township Community School Corporation (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$456,900 (-7.64%) Land $168,000 Building $288,900$456,900 (-7.64%) Land $168,000 Building $288,900
2024$11,745.00 (-3.76%)
2023$12,204.00 (-14.86%)$494,700 (-5.57%) Land $168,000 Building $326,700$494,700 (-5.57%) Land $168,000 Building $326,700
2022$14,334.00 (+5.6%)$523,900 Land $179,200 Building $344,700$523,900 Land $179,200 Building $344,700
2021$13,574.00

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 ZoneZone X
minimal risk
Flood Insurance RequirementNot 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 RiskNot 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 SystemCITIZENS WATER - INDIANAPOLIS
serves 880,345 people · EPA ID IN5249004
Water SourceSurface water
Last State InspectionMay 2024
Lead3 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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

ProviderMax 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.

Nearby Properties on Commerce Cir

Nearby Streets

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