602 E Thompson Rd, Indianapolis, IN 46227 Property Records

Marion County property record for 602 E Thompson Rd, Indianapolis, IN 46227

Property Summary

Property TypeHotel/Motel
Details61,018 sqft · built 1965
Lot Size3.28 acres (143,095 sqft)
OwnerCompany Name on File
Tax Bill$34,232 (2023)
Deeds & MortgagesAug 2023 Mortgage
Nov 2023 Mortgage
+ 3 more
Flood ZoneZone X (minimal risk)
APN49-11-36-108-012.000-574

Property Details

APN / Parcel Number

Primary APN49-11-36-108-012.000-574
Alternative APN
  • 5028311

Interior

Units290 Units
Stories2 Stories
Building Area61,018 sqft Total Area

Exterior

Year BuiltBuilt 1965
Fire ResistanceMasonry Walls, Wood Interior
Lot Area143,095 sqft (3.28 acres)
Pool TypePool with Hot Tub/Spa
Pool Area392 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC

Location & Zoning

Account Number5028311
Old Parcel Number5028311
Street Address602 E THOMPSON RD
CityINDIANAPOLIS
StateIN
Zip46227-1629
Property CategoryCommercial
Property TypeCommercial > Retail > Hotel/Motel
Legal DescriptionPT SW1/4 SE1/4 S36 T15 R3 BEG 463.7FT E & 50 FT NOF SW COR N 554.35 E 348.17FT SE 156.1 FT W154.07FT S 400.02FT W 222.68FT TO
Legal Range03
Legal Township15
Legal Section36
JurisdictionMARION IN
Township / Civil DivisionPERRY
Census Block Group3
Census Block3020
Census Tract380600

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address10515 DORAL CIR, FISHERS, IN 46037-8258
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
Aug 4, 2023Deed of Trust, Mortgage · Commercial Mortgage
HOME LOAN & INVESTMENT BANK FS
Nov 28, 2023Warranty Deed, Transfer · Commercial Mortgage
HOME LOAN & INVESTMENT BANK FS
Jul 18, 2023Warranty Deed, Transfer · Commercial Mortgage
HOME LOAN & INVESTMENT BANK FS
Jul 26, 2019Trustee's Deed, Construction Loan · Construction Mortgage
INDY INN & SUITES LLC
Apr 24, 2017Deed, Transfer · Conventional Mortgage
HOME LOAN & INVESTMENT BANK FS

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleNov 28, 2023
Deed SaleNov 28, 2023
Prior SaleJul 18, 2023
Deed Document NumberA202300098160
Record UpdatedJun 7, 2026

August 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION IN
Property Address602 E THOMPSON RD, INDIANAPOLIS, IN 46227-1629
Transaction TypeMortgage
Record UpdatedJun 23, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000064410
DateAug 4, 2023
InstrumentA202300064410
Lender
NameHOME LOAN & INVESTMENT BANK FS
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

November 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION IN
Recording DateNov 28, 2023
Property Address602 E THOMPSON RD, INDIANAPOLIS, IN 46227-1629
Document Number0000098160
Instrument DateNov 17, 2023
InstrumentA202300098160
Transaction TypeTransfer
Record UpdatedJun 23, 2026
Title CompanyMTC

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address10515 DORAL CIR, FISHERS, IN 46037-8258

Mortgage

Document Number0000098161
DateNov 28, 2023
InstrumentA202300098161
Lender
NameHOME LOAN & INVESTMENT BANK FS
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term300 Months
DueNov 20, 2048

July 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION IN
Recording DateJul 18, 2023
Property Address602 E THOMPSON RD, INDIANAPOLIS, IN 46227-1629
Document Number0000058305
Instrument DateJun 29, 2023
InstrumentA202300058305
Transaction TypeTransfer
Record UpdatedJun 23, 2026
Title CompanyMTC

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address602 E THOMPSON RD, INDIANAPOLIS, IN 46227-1629

Mortgage

Document Number0000058306
DateJul 18, 2023
InstrumentA202300058306
Lender
NameHOME LOAN & INVESTMENT BANK FS
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

July 2019: Trustee's Deed, Construction Loan

Document TypeTrustee's Deed
JurisdictionMARION IN
Recording DateJul 26, 2019
Property Address602 E THOMPSON RD, INDIANAPOLIS, IN 46227-1629
Instrument DateJul 16, 2019
Instrument70309
Transaction TypeConstruction Loan
Record UpdatedAug 13, 2019
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address6025 THOMPSON RD INDIANAPOLIS IN 46227, INDIANAPOLIS, IN 46227

Mortgage

Document Number0000070309
DateJul 26, 2019
Instrument70309
Lender
NameINDY INN & SUITES LLC
AddressBATESVILLE, IN 47006
Agreement
TypeConstruction Mortgage
AmountAmount Recorded
Term12 Months
DueJul 25, 2020
Interest
Rate6.5%

April 2017: Deed, Transfer

Document TypeDeed
JurisdictionMARION IN
Recording DateApr 24, 2017
Property Address602 E THOMPSON RD, INDIANAPOLIS, IN 46227-1629
Document Number0000047258
Instrument DateApr 20, 2017
InstrumentA201700047258
Transaction TypeTransfer
Record UpdatedJun 9, 2021
Title CompanyCHICAGO TITLE CO LLC

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address602 E THOMPSON RD, INDIANAPOLIS, IN 46227-1629

Mortgage

Document Number0000047259
DateApr 24, 2017
InstrumentA201700047259
Lender
NameHOME LOAN & INVESTMENT BANK FS
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIndiana
CountyMarion County
County SubdivisionPerry Township
Consolidated CityIndianapolis City
Unified School DistrictPerry Township Metropolitan School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2023$34,232.00 (+6.6%)$1,225,200 (+6.91%) Land $469,100 Building $756,100$1,225,200 (+6.91%) Land $469,100 Building $756,100
2022$32,114.00 (+1.47%)$1,146,000 Land $469,100 Building $676,900$1,146,000 Land $469,100 Building $676,900
2021$31,649.00

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 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims1 (2011)
Claims Outside the SFHA1 of 1
Most Recent ClaimApr 2011 · rainfall accumulation

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

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

Wildfire RiskNot rated
no burnable land within ember reach

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 161 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
AT&T
DSL · Fiber, Fixed Wireless in parts of the area
100 / 20

May also be available: Spectrum, Xiber.

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