551 E 40th St, Indianapolis, IN 46205 Property Records

Marion County property record for 551 E 40th St, Indianapolis, IN 46205 · Last verified July 2026

Property Summary

Property Type	Single Family Home
Details	3 bd · 1,224 sqft · built 1915
Lot Size	0.089 acres (3,876 sqft)
Owner	Company Name on File
Last Sale	$348,726 (Jun 2025)
Tax Bill	$2,483 (2025)
Deeds & Mortgages	Jun 2026 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`49-06-13-125-108.000-801`

Property Details

APN / Parcel Number

Primary APN	`49-06-13-125-108.000-801`
Alternative APN	`8021265`

Interior

Bedrooms	3 Beds
Total Rooms	7 Rooms
Stories	1 Story
Building Area	1,224 sqft Living Area
Gross Area	3,672 sqft
1st Floor Area	1,224 sqft
Attic	Attic
Attic Area	1,224 sqft
Basement Area	1,224 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1915
Effective Year Built	Effective 1950
Construction Type	Frame
Roof Material	Asphalt
Lot Area	3,876 sqft (0.089 acres)
Lot Dimensions	130 ft deep x 53 ft wide

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Sewer	Connected

Location & Zoning

Street Address	551 E 40TH ST
City	INDIANAPOLIS
State	IN
Zip	46205-2773
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	ARDMORE PT L69, 53 W SIDE & 20 X 48 NW CORL70
Legal Subdivision	ARDMORE PT
Legal Lot Number	69,53
Jurisdiction	MARION IN
Township / Civil Division	WASHINGTON
Census Block Group	2
Census Block	2007
Census Tract	322100

Owner

Source: Marion County records · APN 49-06-13-125-108.000-801

Assessment roll updated March 16, 2026 · Last verified July 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 File
Mailing Address	914 PAWNEE RD, CARMEL, IN 46032-2653
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jun 11, 2025 · Amount on Record
Deed Sale	Jun 11, 2025 · Amount on Record
Deed Document Number	202548446
Prior Transfer Date	Mar 15, 2025
Prior Transfer Doc	0000033204
Record Updated	Sep 20, 2026

June 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Recording Date	Jun 22, 2026
Property Address	551 E 40TH ST, INDIANAPOLIS, IN 46205-2773
Document Number	0000052436
Instrument Date	Jun 16, 2026
Instrument	202652436
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	CHICAGO TITLE W, CHICAGO TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266

Mortgage

Document Number	0000052436,
Date	Jun 22, 2026
Instrument	202652436

Lender

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Jul 01, 2056

Interest

Rate Type	Fixed Rate
Rate	6.51%
Initial Type	Fixed Rate
Max Rate	-1%

Tax Assessment & Valuation

Source: Marion County records · Assessment roll updated March 16, 2026 · Last verified July 2026

Property Jurisdictions

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

Tax Bill & Assessment History

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,483.00 (+5.3%)	$224,200 (+20.67%) Land $34,200 Building $190,000	$224,200 (+20.67%) Land $34,200 Building $190,000
2024	$2,358.00 (+8.91%)
2023	$2,165.00 (-35.22%) Homeowner's exemption	$185,800 (-3.98%) Land $34,200 Building $151,600	$185,800 (-3.98%) Land $34,200 Building $151,600
2022	$3,342.00 (+64.06%) Homeowner's exemption	$193,500 Land $25,700 Building $167,800	$193,500 Land $25,700 Building $167,800
2021	$2,037.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Marion County (18097C), updated June 7, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 524 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
AT&T	Fiber	5,000 / 5,000
Spectrum	Cable	1,000 / 1,000
Verizon	Fixed Wireless	1,000 / 75
T-Mobile USA	Fixed Wireless	100 / 20

May also be available at this address: AT&T, Xiber. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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