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542 Drake St, Indianapolis, IN 46202 Property Records

Marion County property record for 542 Drake St, Indianapolis, IN 46202

Property Summary

Property TypeRow House
Details2 bd · 825 sqft · built 1956
Lot Size0.126 acres (5,532 sqft)
OwnerCompany Name on File
Tax Bill$3,116 (2023)
Flood ZoneZone X (minimal risk)
APN49-06-35-124-009.000-101

Property Details

APN / Parcel Number

Primary APN49-06-35-124-009.000-101
Alternative APN
  • 1083427

Interior

Bedrooms2 Beds
Total Rooms5 Rooms
Stories1 Story
Building Area825 sqft Living Area
1st Floor Area825 sqft

Exterior

Year BuiltBuilt 1956
Construction TypeConcrete Block
Roof MaterialAsphalt
Lot Area5,532 sqft (0.126 acres)
Lot Dimensions120 ft deep x 46 ft wide

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
SewerConnected

Location & Zoning

Account Number1083427
Old Parcel Number1083427
Street Address542 DRAKE ST
CityINDIANAPOLIS
StateIN
Zip46202-2234
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Row House
Legal DescriptionDRAKE & MAYHEWS ADD L17 & 1/2 VAC ALLEYE & ADJ
Legal Range03
Legal Township16
Legal Section35
Legal SubdivisionDRAKE & MAYHEWS ADDITTION
Legal Lot Number17
JurisdictionMARION IN
Township / Civil DivisionCENTER
Census Block Group2
Census Block2022
Census Tract353500

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Flanner House Homes
listed 2003 · 180 contributing resources · NRIS 03000978

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

542 Drake St, a row house, is owned by a company that acquired it in March 2012.

Source: Marion County records, as of May 10, 2024

Owner of RecordCompany Name on File
Mailing Address17 LAKEVIEW CT, HARTFORD CITY, IN 47348-9757
Owner TypeCompany

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
Last SaleMar 14, 2012
Deed SaleMar 14, 2012
Prior SaleMay 18, 2010
Deed Document Number2006-0129433
Prior Transfer DateFeb 10, 2012
Prior Transfer DocA201200013840
Record UpdatedJun 7, 2026

Tax Assessment & Valuation

Source: Marion County assessment roll, as of July 1, 2023

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2023$3,116.00 (+0.68%)$131,400 (+0.23%) Land $10,800 Building $120,600$131,400 (+0.23%) Land $10,800 Building $120,600
2022$3,095.00 (+61.45%)$131,100 Land $3,900 Building $127,200$131,100 Land $3,900 Building $127,200
2021$1,917.00

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

Flood

FEMA maps place 542 Drake St in Zone X, an area of minimal flood risk.

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

The area around 542 Drake St has no burnable land within ember reach, so its wildfire risk is not rated.

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 88 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Spectrum
Cable · Fiber in parts of the area		1,000 / 1,000
Xiber
Fixed Wireless		1,000 / 500
Verizon
Fixed Wireless		1,000 / 75
On-Ramp Indiana
Fixed Wireless		100 / 20
T-Mobile
Fixed Wireless		100 / 20
AT&T
DSL · Fiber, Fixed Wireless in parts of the area		100 / 20

May also be available: Xfinity.

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