707 Gilbert Ave, Indianapolis, IN 46227 Property Records

Marion County property record for 707 Gilbert Ave, Indianapolis, IN 46227

Property Summary

Property Type	Single Family Home
Details	3 bd · 1,200 sqft · built 1947
Lot Size	0.413 acres (17,990 sqft)
Owner	Individual Name on File
Last Sale	$192,000 (Nov 2021)
Tax Bill	$2,227 (2024)
Deeds & Mortgages	Oct 2023 Mortgage Nov 2021 Mortgage + 4 more
Flood Zone	Zone X (moderate risk)
APN	`49-14-01-102-129.000-500`

Property Details

APN / Parcel Number

Primary APN	`49-14-01-102-129.000-500`
Alternative APN	`5005861`

Interior

Bedrooms	3 Beds
Total Rooms	7 Rooms
Stories	1 Story
Building Area	1,200 sqft Living Area
Gross Area	2,160 sqft
1st Floor Area	1,200 sqft
Basement Area	960 sqft
Family Room	Family Room

Exterior

Year Built	Built 1947
Effective Year Built	Effective 1979
Roof Material	Asphalt
Lot Area	17,990 sqft (0.413 acres)
Lot Dimensions	180 ft deep x 100 ft wide
Garage Type	Detached
Garage Area	440 sqft
Parking Spaces	2 Parking Spaces
Shed	1 Shed
Shed Area	80 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Street Address	707 GILBERT AVE
City	INDIANAPOLIS
State	IN
Zip	46227-2055
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	ELDERS EDGEWOOD 6TH L442
Legal Subdivision	ELDERS EDGEWOOD 6TH
Legal Lot Number	442
Jurisdiction	MARION IN
Township / Civil Division	PERRY
Census Block Group	2
Census Block	2009
Census Tract	380700

Owner

707 Gilbert Ave is owned and occupied by an individual who bought it in November 2021.

Source: Marion County records, as of March 16, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Individual Name on File
Mailing Address	707 GILBERT AVE, INDIANAPOLIS, IN 46227-2055
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Oct 10, 2023	Deed of Trust, Mortgage HUD
Nov 9, 2021	Deed of Trust, Mortgage · Conventional Mortgage IHCDA
Mar 14, 2025	Deed of Trust, Mortgage · Conventional Mortgage HUD
Nov 9, 2021	Deed of Trust, Mortgage · Conventional Mortgage IHCDA
Nov 9, 2021	Deed of Trust, Mortgage · FHA Mortgage FIRST MERCHANTS BANK NA
Nov 8, 2021	Warranty Deed, Transfer · FHA Mortgage FIRST MERCHANTS BANK NA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 8, 2021 · Amount on File
Deed Sale	Nov 8, 2021 · Amount on File
Prior Sale	Aug 19, 2015 · Amount on File
Deed Document Number	2021148848
Record Updated	Sep 20, 2026

October 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	707 GILBERT AVE, INDIANAPOLIS, IN 46227-2055
Transaction Type	Mortgage
Record Updated	Jun 23, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000084276
Date	Oct 10, 2023
Instrument	A202300084276

Lender

Name	HUD
Type	Government Agency

Agreement

Amount	Amount on Record
Term	336 Months
Due	Nov 1, 2051

November 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	707 GILBERT AVE, INDIANAPOLIS, IN 46227-2055
Transaction Type	Mortgage
Record Updated	Jun 23, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000149638
Date	Nov 9, 2021
Instrument	A202100149638

Lender

Name	IHCDA
Type	Government Agency

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	108 Months
Due	Oct 28, 2030

Interest

Rate Type	Fixed Rate

March 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	707 GILBERT AVE, INDIANAPOLIS, IN 46227-2055
Transaction Type	Mortgage
Record Updated	Jun 23, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000020414
Date	Mar 14, 2025
Instrument	A202500020414

Lender

Name	HUD
Type	Government Agency

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	320 Months
Due	Nov 1, 2051

November 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	707 GILBERT AVE, INDIANAPOLIS, IN 46227-2055
Transaction Type	Mortgage
Record Updated	Jun 12, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000149638
Date	Nov 9, 2021
Instrument	A202100149638

Lender

Name	IHCDA
Type	Government Agency

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	108 Months
Due	Oct 28, 2030

Interest

Rate Type	Fixed Rate

November 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	707 GILBERT AVE, INDIANAPOLIS, IN 46227-2055
Transaction Type	Mortgage
Record Updated	Jun 12, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000149637
Date	Nov 9, 2021
Instrument	A202100149637

Lender

Name	FIRST MERCHANTS BANK NA
Type	Bank

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	360 Months
Due	Nov 1, 2051

Interest

Rate Type	Fixed Rate

November 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION IN
Recording Date	Nov 8, 2021
Property Address	707 GILBERT AVE, INDIANAPOLIS, IN 46227-2055
Document Number	0000148848
Map Reference	PB 23 PG 34
Instrument Date	Oct 28, 2021
Instrument	A202100148848
Transaction Type	Transfer
Record Updated	Jun 23, 2026

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	707 GILBERT AVE, INDIANAPOLIS, IN 46227-2055

Mortgage

Document Number	0000149637
Date	Nov 8, 2021
Instrument	A202100149637

Lender

Name	FIRST MERCHANTS BANK NA
Type	Bank

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	360 Months
Due	Nov 1, 2051

Interest

Rate Type	Fixed Rate

Mortgage

Document Number	0000148850
Date	Nov 8, 2021
Instrument	A202100148850

Lender

Name	IHCDA
Type	Government Agency

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	108 Months
Due	Oct 28, 2030

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$184,700 Land $28,800 Building $155,900	$184,700 Land $28,800 Building $155,900
2024	$2,227.00 (+8.95%)
2023	$2,044.00 (+6.13%)	$172,200 (+9.68%) Land $28,800 Building $143,400	$172,200 (+9.68%) Land $28,800 Building $143,400
2022	$1,926.00 Homeowner's exemption	$157,000 Land $28,800 Building $128,200	$157,000 Land $28,800 Building $128,200

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

Flood

FEMA maps place 707 Gilbert Ave in Zone X, an area of moderate flood risk, within 100 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective June 7, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Nearest Special Flood Hazard Area	Zone AE, within 100 ft
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	8 in force
Nearby Flood Claims	11 (2002–2011)
Most Recent Claim	Jun 2011 · rainfall accumulation
Claims by Event	Severe Storms, Flooding, And Tornadoes, Jun 2008 · 8 claims

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

Wildfire risk around 707 Gilbert Ave is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 94% of the US · lower than 63% of Indiana
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

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

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL in parts of the area	5,000 / 5,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20

May also be available: Metronet, T-Mobile.

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