5540 E Stop 11 Rd, Indianapolis, IN 46237 Property Records

Marion County property record for 5540 E Stop 11 Rd, Indianapolis, IN 46237

Property Summary

Property Type	Apartments (5+ Units)
Details	10,882 sqft · built 2023
Lot Size	8.94 acres (389,514 sqft)
Owner	Company Name on Record
Last Sale	$700,000 (Sep 2018)
Tax Bill	$296,281 (2023)
Deeds & Mortgages	Oct 2020 Mortgage Sep 2018 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`49-15-15-111-003.000-300`

Property Details

APN / Parcel Number

Primary APN	`49-15-15-111-003.000-300`
Alternative APN	`3021211`

Interior

Units	32 Units
Stories	1 Story
Building Area	10,882 sqft Total Area
Fire Sprinklers	Fire Sprinklers

Exterior

Year Built	Built 2023
Construction Type	Wood
Lot Area	389,514 sqft (8.94 acres)
Garage Type	Mixed
Garage Area	2,543 sqft
Carport	Carport
Carport Area	210 sqft
Parking Spaces	12 Parking Spaces
Fence	Fence
Total Buildings	4 Buildings

Location & Zoning

Account Number	3021211
Old Parcel Number	3021211
Street Address	5540 E STOP 11 RD
City	INDIANAPOLIS
State	IN
Zip	46237-8616
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	ZO01
Legal Description	PT SE1/4 S15 T14N R4E COMM SW COR SE1/4 15-14-4 E922.59' N20.01' W41.81' NW152.57' TO P.O.B. N426.79' W934.28' SERLY405.83' E
Legal Range	04
Legal Township	14
Legal Section	15
Jurisdiction	MARION IN
Township / Civil Division	FRANKLIN
Census Block Group	2
Census Block	2000
Census Tract	390405

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 Record	Company Name on Record
Mailing Address	7007 E PLEASANT VALLEY RD, INDEPENDENCE, OH 44131-5543
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Oct 7, 2020	Deed of Trust, Mortgage · Commercial Mortgage TRISTATE CAPITAL BENK
Sep 14, 2018	Deed, Transfer · Commercial Mortgage TRISTATE CAPITAL BENK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 14, 2018 · Amount on Record
Deed Sale	Sep 14, 2018 · Amount on Record
Prior Sale	Jun 26, 2015
Deed Document Number	A201800093826
Record Updated	Jun 7, 2026

October 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	5540 E STOP 11 RD, INDIANAPOLIS, IN 46237-8616
Transaction Type	Mortgage
Record Updated	Aug 8, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000113956
Date	Oct 7, 2020
Instrument	A202000113956

Lender

Name	TRISTATE CAPITAL BENK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate

September 2018: Deed, Transfer

Document Type	Deed
Jurisdiction	MARION IN
Recording Date	Sep 14, 2018
Property Address	5540 E STOP 11 RD, INDIANAPOLIS, IN 46237-8616
Document Number	0000093826
Map Reference	IN 201300109023
Instrument Date	Aug 21, 2018
Instrument	A201800093826
Transaction Type	Transfer
Record Updated	Aug 8, 2022
Title Company	AMERICAN LAND TITLE AFFILIAT

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7510 E PLEASANT VALLEY RD, INDEPENDENCE, OH 44131-5536

Mortgage

Document Number	0000093827
Date	Sep 14, 2018
Instrument	A201800093827

Lender

Name	TRISTATE CAPITAL BENK

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Indiana
County	Marion County
County Subdivision	Franklin Township
Consolidated City	Indianapolis City
Unified School District	Franklin Township Community School Corporation (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2023	$296,281.00 (+1,472.78%)	$14,566,300 (+2,015.66%) Land $688,500 Building $13,877,800	$14,566,300 (+2,015.66%) Land $688,500 Building $13,877,800
2022	$18,838.00	$688,500 Land $688,500	$688,500 Land $688,500

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

Flood

Source: FEMA National Flood Hazard Layer, effective June 7, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

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

Wildfire Risk	Low lower than 99.1% of the US · lower than 94% of Indiana
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None 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 System	CITIZENS WATER - INDIANAPOLIS serves 880,345 people · EPA ID IN5249004
Water Source	Surface water
Last State Inspection	May 2024
Lead	3 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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 64 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber	5,000 / 5,000
Xfinity Cable · Fiber in parts of the area	2,000 / 250

May also be available: Metronet, Verizon.

Nearby Properties on E Stop 11 Rd

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures