561 Drake St, Indianapolis, IN 46202 Property Records

Marion County property record for 561 Drake St, Indianapolis, IN 46202

Property Summary

Property TypeSingle Family Home
Details3 bd · 963 sqft · built 1956
Lot Size0.146 acres (6,360 sqft)
OwnerCompany Name on File
Last Sale$112,918 (Aug 2022)
Tax Bill$2,405 (2025)
Deeds & MortgagesAug 2022 Mortgage
Jun 2020 Mortgage
+ 2 more
Flood ZoneZone X (minimal risk)
APN49-06-35-190-015.000-101

Property Details

APN / Parcel Number

Primary APN49-06-35-190-015.000-101
Alternative APN
  • 1096429

Interior

Bedrooms3 Beds
Total Rooms6 Rooms
Stories1 Story
Building Area963 sqft Living Area
1st Floor Area963 sqft

Exterior

Year BuiltBuilt 1956
Effective Year BuiltEffective 1976
Construction TypeFrame
Roof MaterialAsphalt
Lot Area6,360 sqft (0.146 acres)
Lot Dimensions127 ft deep x 50 ft wide
Garage TypeDetached
Garage Area440 sqft
Parking Spaces2 Parking Spaces

Utilities, Heating & Cooling

Cooling SystemNone
Heating SystemCentral
SewerConnected

Location & Zoning

Street Address561 DRAKE ST
CityINDIANAPOLIS
StateIN
Zip46202-2233
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionINDPLS FALL CREEK ADD 7TH SEC L8
Legal SubdivisionINDPLS FALL CREEK ADD 7TH SEC
Legal Lot Number8
JurisdictionMARION IN
Township / Civil DivisionCENTER
Census Block Group2
Census Block2024
Census Tract353500

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Flanner House Homes
listed 2003 · 180 contributing resources · NRIS 03000978

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

561 Drake St is owned by a company that bought it in August 2022 and is owner-occupied.

Source: Marion County records, as of October 13, 2026

Owner of RecordCompany Name on File
Mailing Address512 SKYLLA LN, A, CHARLOTTE, NC 28262-1558
OccupancyOwner Occupied
Owner TypeCompany
VestingLimited Liability Company

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
Aug 31, 2022Quit Claim Deed, Transfer · Commercial Mortgage
KIAVI FUNDING INC
Jun 24, 2020Quit Claim Deed, Transfer
PRIME LNDG
Mar 14, 2017Quit Claim Deed, Transfer
Quitclaim
Feb 27, 2017Affidavit of Death, Transfer

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 31, 2022 · Amount on File
Deed SaleAug 31, 2022 · Amount on File
Prior SaleJun 24, 2020 · Amount on File
Deed Document Number202297556
Prior Transfer DateAug 19, 2022
Prior Transfer Doc0000097556
Record UpdatedOct 29, 2026

August 2022: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionMARION IN
Recording DateAug 31, 2022
Property Address561 DRAKE ST, INDIANAPOLIS, IN 46202-2233
Document Number0000097556
Map ReferencePB 31 PG 12
Instrument DateAug 19, 2022
InstrumentA202200097556
Transaction TypeTransfer
Record UpdatedJun 23, 2026
Title CompanySTEWART TITLE

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address512 SKYLLA LN APT A, A, CHARLOTTE, NC 28262-1558

Mortgage

Document Number0000097557
DateAug 31, 2022
InstrumentA202200097557
Lender
NameKIAVI FUNDING INC
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Interest
Rate TypeFixed Rate

June 2020: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionMARION IN
Recording DateJun 24, 2020
Property Address561 DRAKE ST, INDIANAPOLIS, IN 46202-2233
Document Number0000064291
Instrument DateJun 15, 2020
Instrument64291
Transaction TypeTransfer
Record UpdatedJul 14, 2020
Title CompanyCHICAGO TITLE COMPANY, CHICAGO TITLE CO

Transaction

Tax$0.00
Additional
  • Quitclaim
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address10900 AVLEY HALL CT CHARLOTTE NC 28262, CHARLOTTE, NC 28262

Mortgage

Document Number64290
DateJun 24, 2020
Instrument64290
Lender
NamePRIME LNDG
AddressDALLAS, TX 75252
Agreement
AmountAmount on Record
Term360 Months
DueJun 23, 2050

March 2017: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionMARION IN
Recording DateMar 14, 2017
Property Address561 DRAKE ST, INDIANAPOLIS, IN 46202-2233
Document Number0000030584
Instrument DateFeb 21, 2017
Instrument30584
Transaction TypeTransfer
Record UpdatedMar 20, 2017

Transaction

Tax$0.00
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address8706 APPLEDALE DR CHARLOTTE NC 282626491, CHARLOTTE, NC 28262-6491

February 2017: Affidavit of Death, Transfer

Document TypeAffidavit of Death
JurisdictionMARION IN
Recording DateFeb 27, 2017
Property Address561 DRAKE ST, INDIANAPOLIS, IN 46202-2233
Document Number0000023575
Instrument DateFeb 21, 2017
Instrument23575
Transaction TypeTransfer
Record UpdatedMar 3, 2017

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3142 WHITETHORN RD CLEVELAND HEIGHTS OH 441181715, CLEVELAND HEIGHTS, OH 44118-1715

Tax Assessment & Valuation

The 2025 property tax bill for 561 Drake St was $2,405 with a homeowner's exemption, up 25% from the year before.

Source: Marion County assessment roll, as of March 16, 2026

Property Jurisdictions

TypeName
StateIndiana
CountyMarion County
County SubdivisionCenter Township
Consolidated CityIndianapolis City
Unified School DistrictIndianapolis Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$2,405.00 (+25%)$97,600 Land $12,000 Building $85,600$97,600 Land $12,000 Building $85,600
2024$1,924.00 (+3.11%)
2023$1,866.00 (+254.08%)$78,700 (+6.06%) Land $12,000 Building $66,700$78,700 (+6.06%) Land $12,000 Building $66,700
2022$527.00 (+36.18%)$74,200 Land $3,800 Building $70,400$74,200 Land $3,800 Building $70,400
2021$387.00

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

Flood

FEMA maps place 561 Drake St in Zone X, an area of minimal flood risk.

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

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

Wildfire

The area around 561 Drake St 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 168 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Xiber
Fixed Wireless
1,000 / 500
Verizon
Fixed Wireless
1,000 / 75
T-Mobile
Fixed Wireless
100 / 20
AT&T
DSL · Fiber, Fixed Wireless in parts of the area
100 / 20

May also be available: On-Ramp Indiana.

Nearby Properties on Drake St

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