7002 Madison Ave, Indianapolis, IN 46227 Property Records

Marion County property record for 7002 Madison Ave, Indianapolis, IN 46227

Property Summary

Property TypeCommercial Vacant Land
Details624 sqft · built 1984
Lot Size0.45 acres (19,602 sqft)
OwnerCompany Name on Record
Tax Bill$1,687 (2024)
Deeds & MortgagesJan 2025 Mortgage
Flood ZoneZone X (minimal risk)
APN49-15-18-129-014.000-500

Property Details

APN / Parcel Number

Primary APN49-15-18-129-014.000-500
Alternative APN
  • 5013337

Interior

Stories1 Story
Building Area624 sqft Total Area

Exterior

Year BuiltBuilt 1984
Effective Year BuiltEffective 1984
Lot Area19,602 sqft (0.45 acres)

Location & Zoning

Street Address7002 MADISON AVE
CityINDIANAPOLIS
StateIN
Zip46227-5204
Property CategoryCommercial
Property TypeVacant Land > Commercial
Local Zoning CodeZO01
Legal DescriptionPT NW1/4 NE1/4 S18 T14 R4 BEG 700FT E & 36.61FT SEOF NW COR E 118.12FT SE 18.87FT SE 12.88FT SE133.3FT SW 130.85FT NW TO BEG .45AC
Legal Range4
Legal Township14
Legal Section18
JurisdictionMARION IN
Township / Civil DivisionPERRY
Census Block Group2
Census Block2000
Census Tract381004

Owner

Source: Marion County records, as of April 14, 2026

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

Owner of RecordCompany Name on Record
Mailing Address6910 N SHADELAND AVE, 200, INDIANAPOLIS, IN 46220-4274
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedSep 20, 2026

January 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION IN
Property Address7002 MADISON AVE, INDIANAPOLIS, IN 46227-5204
Transaction TypeMortgage
Record UpdatedJun 23, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000006691
DateJan 24, 2025
InstrumentA202500006691
Lender
NameBUSEY BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term12 Months
DueJan 21, 2026

Tax Assessment & Valuation

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

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
2025$60,400 (-) Land $60,400$60,400 (-) Land $60,400
2024$1,687.00
2023$1,687.00 (-0.3%)$60,400 (-) Land $60,400$60,400 (-) Land $60,400
2022$1,692.00$60,400 Land $60,400$60,400 Land $60,400

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
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies2 in force
Nearby Flood Claims1 (2025)
Most Recent ClaimApr 2025 · river or lake flooding

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

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

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless, DSL in parts of the area
5,000 / 5,000
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
1,000 / 75

May also be available: Metronet, T-Mobile.

Nearby Properties on Madison Ave

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