5508 E 16th St, Indianapolis, IN 46218 Property Records

Marion County property record for 5508 E 16th St, Indianapolis, IN 46218

Property Summary

Property TypeParking Garage, Parking Structure
Details29,260 sqft · built 1976
Lot Size2.53 acres (110,397 sqft)
OwnerCompany Name on Record
Last Sale$971,250 (Jul 2017)
Tax Bill$10,910 (2023)
Deeds & MortgagesMay 2025 Sale
Jan 2020 Sale
+ 1 more
Flood ZoneZone X (minimal risk)
APN49-07-34-123-096.000-701

Property Details

APN / Parcel Number

Primary APN49-07-34-123-096.000-701
Alternative APN
  • 7004166

Interior

Stories4 Stories
Building Area29,260 sqft Total Area
Gross Area180,795 sqft

Exterior

Year BuiltBuilt 1976
Fire ResistanceMasonry Walls, Wood Interior
Lot Area110,397 sqft (2.53 acres)
Total Buildings3 Buildings

Location & Zoning

Account Number7004166
Old Parcel Number7004166
Street Address5508 E 16TH ST
CityINDIANAPOLIS
StateIN
Zip46218-4936
Property CategoryCommercial
Property TypeCommercial > Retail > Parking Garage, Parking Structure
Local Zoning CodeZO01
Legal DescriptionARLINGTON HEIGHTS S1/2 L80, ALL L79 & 15'VAC ALLEY BTWN L80 & L79 & 7.5' VAC ALLEY W & ADJTO N1/2 L79 EX 25' ALONG E SIDE OF
Legal Range04
Legal Township16
Legal Section34
Legal SubdivisionARLINGTON HEIGHTS 1ST SEC
Legal Lot Number80
JurisdictionMARION IN
Township / Civil DivisionWARREN
Census Block Group3
Census Block3024
Census Tract360900

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address11320 CHESTER RD, CINCINNATI, OH 45246-4003
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
May 6, 2025Warranty Deed, Transfer
Jan 8, 2020Warranty Deed, Transfer
NOT AVAILABLE
Jul 24, 2017Warranty Deed, Transfer
METROPOLITAN TITLE/IN LLC

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 24, 2017 · Amount on Record
Deed SaleJul 24, 2017 · Amount on Record
Deed Document Number0000083260
Last Transfer DateJan 8, 2020
Transfer Doc0000002734
Record UpdatedSep 20, 2026

May 2025: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION IN
Recording DateMay 6, 2025
Property Address5508 E 16TH ST, INDIANAPOLIS, IN 46218-4936
Document Number0000036780
Instrument DateMay 5, 2025
InstrumentA202500036780
Transaction TypeTransfer
Record UpdatedJun 23, 2026

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address11502 HARBOR VIEW DR, CLEVELAND, OH 44102-6151

January 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION IN
Recording DateJan 8, 2020
Property Address5508 E 16TH ST, INDIANAPOLIS, IN 46218-4936
Document Number0000002734
Instrument DateJan 6, 2020
Instrument2734
Transaction TypeTransfer
Record UpdatedFeb 3, 2020
Title CompanyNOT AVAILABLE

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address5502-5508 E 16TH ST INDIANAPOLIS IN 462184937, INDIANAPOLIS, IN 46218-4937

July 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION IN
Recording DateJul 24, 2017
Property Address5508 E 16TH ST, INDIANAPOLIS, IN 46218-4936
Document Number0000083260
Instrument DateMay 4, 2017
Instrument83260
Transaction TypeTransfer
Record UpdatedDec 10, 2020
Title CompanyMETROPOLITAN TITLE/IN LLC

Transaction

AmountAmount Recorded
Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address11320 CHESTER RD CINCINNATI OH 452464003, CINCINNATI, OH 45246-4003

Tax Assessment & Valuation

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

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
2023$10,910.00 (-50.51%)$399,000 (-) Land $182,200 Building $216,800$399,000 (-) Land $182,200 Building $216,800
2022$22,044.00$399,000 Land $182,200 Building $216,800$399,000 Land $182,200 Building $216,800

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

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
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies1 in force

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

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 478 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: Xiber.

Nearby Properties on E 16th St

Nearby Streets

Search Property Records by Address or Parcel Number