715 E 38th St, Indianapolis, IN 46205 Property Records

Marion County property record for 715 E 38th St, Indianapolis, IN 46205

Property Summary

Property TypeDepartment Store (Apparel, Household Goods, Furniture)
Details10,900 sqft · built 1950
Lot Size0.655 acres (28,548 sqft)
OwnerCompany Name on Record
Last Sale$3,794,100 (Apr 2023)
Tax Bill$17,987 (2025)
Flood ZoneZone X (minimal risk)
APN49-06-24-124-016.000-101

Property Details

APN / Parcel Number

Primary APN49-06-24-124-016.000-101
Alternative APN
  • 1018086

Interior

Stories1 Story
Building Area10,900 sqft Gross Area
1st Floor Area10,900 sqft

Exterior

Year BuiltBuilt 1950
Effective Year BuiltEffective 2005
Exterior MaterialConcrete Block
Construction TypeFrame
Fire ResistanceWood or Wood & Steel Frame
Lot Area28,548 sqft (0.655 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC

Location & Zoning

Street Address715 E 38TH ST
CityINDIANAPOLIS
StateIN
Zip46205-2748
Property CategoryCommercial
Property TypeCommercial > Retail > Department Store (Apparel, Household Goods, Furniture)
Local Zoning CodeZO01
Legal Description8' N130' W210.9' TO BEG
Legal SubdivisionMENDENHALLS 38TH STREET BOULEVARD ADD
Legal Tract10
Legal Lot Number11,15
JurisdictionMARION IN
Township / Civil DivisionCENTER
Census Block Group3
Census Block3016
Census Tract350400

Historic Designation

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

Historic DistrictWithin the Watson Park Historic District
listed 2012 · 406 contributing resources · NRIS 12000336

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

Owner

Source: Marion County records, as of July 21, 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 Address127 W BERRY ST, 300, FORT WAYNE, IN 46802-2310
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleApr 25, 2023 · Amount on Record
Deed SaleApr 25, 2023 · Amount on Record
Prior SaleApr 28, 2014 · Amount on Record
Deed Document Number202331956
Record UpdatedSep 20, 2026

Tax Assessment & Valuation

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$17,987.00 (+18.06%)$638,800 (+16.29%) Land $131,300 Building $507,500$638,800 (+16.29%) Land $131,300 Building $507,500
2023$15,236.00 (-0.24%)$549,300 (-) Land $131,300 Building $418,000$549,300 (-) Land $131,300 Building $418,000
2022$15,272.00$549,300 Land $131,300 Building $418,000$549,300 Land $131,300 Building $418,000

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

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 (2010)
Claims Outside the SFHA1 of 1
Most Recent ClaimJul 2010 · 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

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

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

May also be available: T-Mobile, Xiber.

Nearby Properties on E 38th St

Nearby Streets

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