5540 Char Dr, Indianapolis, IN 46221 Property Records

Marion County property record for 5540 Char Dr, Indianapolis, IN 46221

Property Summary

Property TypeSingle Family Home
Details3 bd · 1 ba · 1,240 sqft · built 1986
Lot Size0.275 acres (11,979 sqft)
OwnerIndividual Name on File
Last Sale$175,000 (Oct 2021)
Tax Bill$2,146 (2023)
Deeds & MortgagesOct 2021 Mortgage
Oct 2021 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN49-12-36-102-006.000-200

Property Details

APN / Parcel Number

Primary APN49-12-36-102-006.000-200
Alternative APN
  • 2008470

Interior

Bedrooms3 Beds
Full Baths1 Bath
Plumbing Fixtures8 Plumbing Fixtures
Total Rooms8 Rooms
Stories1 Story
Building Area1,240 sqft Living Area
1st Floor Area1,240 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1986
Construction TypeBrick
Foundation TypeRaised
Roof MaterialAsphalt
Lot Area11,979 sqft (0.275 acres)
Lot Dimensions150 ft deep x 80 ft wide
Garage TypeAttached
Garage Area462 sqft
Parking Spaces2 Parking Spaces
Shed1 Shed
Shed Area96 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral

Location & Zoning

Account Number2008470
Old Parcel Number2008470
Street Address5540 CHAR DR
CityINDIANAPOLIS
StateIN
Zip46221-3708
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionVALLEY VILLE 4TH SEC L53
Legal Range02
Legal Township15
Legal Section36
Legal SubdivisionVALLEY VILLE 4TH SEC
Legal Lot Number53
JurisdictionMARION IN
Township / Civil DivisionDECATUR
Census Block Group1
Census Block1008
Census Tract370201

Owner

5540 Char Dr is owned and occupied by an individual who bought it in October 2021.

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

Owner of RecordIndividual Name on File
Mailing Address5540 CHAR DR, INDIANAPOLIS, IN 46221-3708
OccupancyOwner Occupied
Owner TypeIndividual

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

DateDocument
Oct 18, 2021Deed of Trust, Mortgage · Conventional Mortgage
FINANCIAL CENTER FIRST CU
Oct 18, 2021Warranty Deed, Transfer · Conventional Mortgage
FINANCIAL CENTER FIRST CU

Assessor's Deed Record

Deed NamesName on Deed
Last SaleOct 18, 2021 · Amount on File
Deed SaleOct 18, 2021 · Amount on File
Prior SaleAug 25, 2012 · Amount on File
Deed Document NumberA202100139075
Record UpdatedJun 7, 2026

October 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION IN
Property Address5540 CHAR DR, INDIANAPOLIS, IN 46221-3708
Transaction TypeMortgage
Record UpdatedJun 12, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
InvestorPossibly a Property Investor

Mortgage

Document Number0000139077
DateOct 18, 2021
InstrumentA202100139077
Lender
NameFINANCIAL CENTER FIRST CU
TypeCredit Union
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term180 Months
DueAug 20, 2036
Interest
Rate TypeFixed Rate

October 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION IN
Recording DateOct 18, 2021
Property Address5540 CHAR DR, INDIANAPOLIS, IN 46221-3708
Document Number0000139075
Map ReferenceIN 84-73035
Instrument DateAug 16, 2021
InstrumentA202100139075
Transaction TypeTransfer
Record UpdatedJun 12, 2023

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address5540 CHAR DR, INDIANAPOLIS, IN 46221-3708

Mortgage

Document Number0000139076
DateOct 18, 2021
InstrumentA202100139076
Lender
NameFINANCIAL CENTER FIRST CU
TypeCredit Union
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term180 Months
DueAug 20, 2036
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIndiana
CountyMarion County
County SubdivisionDecatur Township
Consolidated CityIndianapolis City
Unified School DistrictDecatur Township Metropolitan School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2023$2,146.00 (+13.31%) Homeowner's exemption$194,000 (+14.12%) Land $12,000 Building $182,000$194,000 (+14.12%) Land $12,000 Building $182,000
2022$1,894.00 Homeowner's exemption$170,000 Land $12,000 Building $158,000$170,000 Land $12,000 Building $158,000

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

Flood

FEMA maps place 5540 Char Dr in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2008.

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
Nearby Flood Claims1 (2008)
Most Recent ClaimJun 2008 · Severe Storms, Flooding, And Tornadoes

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

The area around 5540 Char Dr 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 237 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · DSL
5,000 / 5,000
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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