5550 Progress Rd, Indianapolis, IN 46241 Property Records

Marion County property record for 5550 Progress Rd, Indianapolis, IN 46241 · Last verified April 2026

Property Summary

Property Type	Warehouse, Storage
Details	40,100 sqft · built 1971
Lot Size	3.57 acres (155,596 sqft)
Owner	Company Name on File
Last Sale	$2,972,500 (Oct 2022)
Tax Bill	$29,717 (2024)
Deeds & Mortgages	Apr 2023 Mortgage Oct 2022 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`49-12-13-118-006.000-900`

Property Details

APN / Parcel Number

Primary APN	`49-12-13-118-006.000-900`
Alternative APN	`9043653`

Interior

Stories	1 Story
Building Area	40,100 sqft Gross Area
1st Floor Area	40,100 sqft
Fire Sprinklers	Fire Sprinklers

Exterior

Year Built	Built 1971
Effective Year Built	Effective 2012
Exterior Material	Concrete Block
Construction Type	Frame
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	155,596 sqft (3.57 acres)

Location & Zoning

Street Address	5550 PROGRESS RD
City	INDIANAPOLIS
State	IN
Zip	46241-4331
Property Category	Industrial
Property Type	Industrial > Warehouse, Storage
Legal Description	PT S1/2 S13 T15 R2 BEG 290.68 W & 641.27 S & 1194.95 E OF NE COR SW1/4 S13 P.O.B. E655 N237.58 W655 S237.58 TO BEG 3.572AC
Legal Range	2
Legal Township	15
Legal Section	13
Jurisdiction	MARION IN
Township / Civil Division	WAYNE
Census Block Group	1
Census Block	1029
Census Tract	342200

Owner

Source: Marion County records · APN 49-12-13-118-006.000-900

Assessment roll updated March 16, 2026 · Last verified April 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	2010 W FOUNTAIN DR, BLOOMINGTON, IN 47404-2873
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Apr 24, 2023	Deed of Trust, Mortgage · Commercial Mortgage FIRST FINANCIAL BANK NA
Oct 17, 2022	Warranty Deed, Transfer · Commercial Mortgage FIRST FINANCIAL BANK NA
Dec 05, 2018	Deed of Trust, Mortgage NEWTEK SMALL BUSN FIN

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Oct 17, 2022 · Amount on Record
Deed Sale	Oct 17, 2022 · Amount on Record
Prior Sale	Apr 28, 2005 · Amount on Record
Deed Document Number	2022113305
Record Updated	Jun 08, 2026

April 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	5550 PROGRESS RD, INDIANAPOLIS, IN 46241-4331
Transaction Type	Mortgage
Record Updated	Jun 23, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000031797
Date	Apr 24, 2023
Instrument	A202300031797

Lender

Name	FIRST FINANCIAL BANK NA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	120 Months
Due	Apr 18, 2033

Interest

Rate Type	Adjustable Rate

October 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION IN
Recording Date	Oct 17, 2022
Property Address	5550 PROGRESS RD, INDIANAPOLIS, IN 46241-4331
Document Number	0000113305
Instrument Date	Sep 23, 2022
Instrument	A202200113305
Transaction Type	Transfer
Record Updated	Jun 23, 2026

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2010 W FOUNTAIN DR, BLOOMINGTON, IN 47404-2873

Mortgage

Document Number	0000113306
Date	Oct 17, 2022
Instrument	A202200113306

Lender

Name	FIRST FINANCIAL BANK NA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	119 Months
Due	Sep 23, 2032

Interest

Rate Type	Adjustable Rate

December 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	5550 PROGRESS RD, INDIANAPOLIS, IN 46241-4331
Document Number	0000123566
Instrument Date	Dec 05, 2018
Transaction Type	Mortgage
Record Updated	Dec 24, 2018
Title Company	AMERICAN LAND TITLE ASSOCIATION, AMERICAN LAND TITLE ASSN

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	5550 PROGRESS RD INDIANAPOLIS IN 462414331, INDIANAPOLIS, IN 46241-4331

Mortgage

Document Number	0000123566
Date	Dec 07, 2018
Instrument	123566

Lender

Name	NEWTEK SMALL BUSN FIN
Type	Funding / Finance Company
Address	1981 MARCUS AVE # 130, NEW HYDE PARK, NY 11042-1046

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Indiana
County	Marion County
County Subdivision	Wayne Township
Consolidated City	Indianapolis City
Unified School District	Wayne Township Metropolitan School District (PK - 12)

Tax Bill & Assessment History

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$1,075,500 (+20.36%) Land $298,100 Building $777,400	$1,075,500 (+20.36%) Land $298,100 Building $777,400
2024	$29,717.00 (-0.72%)
2023	$29,933.00 (-0.01%)	$893,600 (-) Land $298,100 Building $595,500	$893,600 (-) Land $298,100 Building $595,500
2022	$29,935.00	$893,600 Land $298,100 Building $595,500	$893,600 Land $298,100 Building $595,500

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Marion County (18097C), updated June 7, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 180973422001, refreshed September 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
Nearby Flood Claims	7 (1978–2004)
Claims Outside the SFHA	4 of 7
Most Recent Claim	Jan 2004, rainfall accumulation

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; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 37 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Xfinity	Cable	2,000 / 250
AT&T	Fixed Wireless	100 / 20

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

Mobile Coverage

5G and 4G LTE

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