5401 E 38th St, Indianapolis, IN 46218 Property Records

Marion County property record for 5401 E 38th St, Indianapolis, IN 46218

Property Summary

Property TypeFast Food Restaurant
Details1,912 sqft · built 1968
Lot Size0.734 acres (31,973 sqft)
OwnerCompany Name on File
Tax Bill$697 (2024)
Flood ZoneZone X (minimal risk)
APN49-07-22-110-024.000-701

Property Details

APN / Parcel Number

Primary APN49-07-22-110-024.000-701
Alternative APN
  • 7006961

Interior

Stories1 Story
Building Area1,912 sqft Total Area

Exterior

Year BuiltBuilt 1968
Effective Year BuiltEffective 1968
Lot Area31,973 sqft (0.734 acres)

Location & Zoning

Street Address5401 E 38TH ST
CityINDIANAPOLIS
StateIN
Zip46218-1820
Property CategoryCommercial
Property TypeCommercial > Retail > Fast Food Restaurant
Local Zoning CodeZO01
Legal DescriptionHARRISON HEIGHTS ADD PT L33-L36 BEG 17.14 S OF NW COR L33 P.O.B. E175.01 S182.75 W175 N182.86 TO BEG 0.734AC
Legal SubdivisionHARRISON HEIGHTS ADD PT
Legal Lot Number33,36
JurisdictionMARION IN
Township / Civil DivisionWARREN
Census Block Group2
Census Block2007
Census Tract360102

Owner

5401 E 38th St, a commercial property, is owned by a company.

Source: Marion County records, as of April 7, 2026

Owner of RecordCompany Name on File
Mailing AddressPO BOX 44048, INDIANAPOLIS, IN 46244-0048
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedJun 8, 2026

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIndiana
CountyMarion County
County SubdivisionWarren Township
Consolidated CityIndianapolis City
Unified School DistrictIndianapolis Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$26,900 Land $21,300 Building $5,600$26,900 Land $21,300 Building $5,600
2024$697.00 (+0.43%)
2023$694.00 (-8.56%)$25,400 (-8.3%) Land $21,300 Building $4,100$25,400 (-8.3%) Land $21,300 Building $4,100
2022$759.00$27,700 Land $23,600 Building $4,100$27,700 Land $23,600 Building $4,100

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 5401 E 38th St in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 1978.

Source: FEMA National Flood Hazard Layer, effective June 7, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on File
median of 14 policies
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies14 in force
Nearby Flood Claims2 (1978–2003)
Most Recent ClaimSep 2003 · Severe Storms, Tornadoes, And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 5401 E 38th St is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 94% of Indiana
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
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 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 393 locations within half a mile, as of December 31, 2025

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

May also be available: T-Mobile, Xfinity.

Nearby Properties on E 38th St

Nearby Streets

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