7220 Madison Ave, Indianapolis, IN 46227 Property Records

Marion County property record for 7220 Madison Ave, Indianapolis, IN 46227

Property Summary

Property Type	Retail Stores (Personal Services, Photography, Travel)
Details	1,296 sqft · built 1960
Lot Size	0.534 acres (23,244 sqft)
Owner	Company Name on Record
Last Sale	$748,000,000 (Jun 2025)
Tax Bill	$3,902 (2025)
Deeds & Mortgages	Jun 2025 Mortgage Mar 2022 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`49-15-18-130-004.000-500`

Property Details

APN / Parcel Number

Primary APN	`49-15-18-130-004.000-500`
Alternative APN	`5023721`

Interior

Stories	1 Story
Building Area	1,296 sqft Gross Area
1st Floor Area	1,296 sqft

Exterior

Year Built	Built 1960
Effective Year Built	Effective 1960
Exterior Material	Concrete Block
Construction Type	Frame
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	23,244 sqft (0.534 acres)

Location & Zoning

Street Address	7220 MADISON AVE
City	INDIANAPOLIS
State	IN
Zip	46227-5273
Property Category	Commercial
Property Type	Commercial > Retail > Retail Stores (Personal Services, Photography, Travel)
Local Zoning Code	ZO01
Legal Description	PT NW1/4 NE1/4 S18 T14 R4 BEG 178.7 S 1240.9 E&406.75 NW OF SW COR NW 155.07 SW 150 SE155.07 NE 150 TO BEG .532AC
Legal Range	4
Legal Township	14
Legal Section	18
Jurisdiction	MARION IN
Township / Civil Division	PERRY
Census Block Group	2
Census Block	2000
Census Tract	381004

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 Record	Company Name on Record
Mailing Address	8901 GAYLORD DR, HOUSTON, TX 77024-3041
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Jun 18, 2025	Deed of Trust, Mortgage · Commercial Mortgage CITY REAL ESTATE FUNDING INC
Mar 29, 2022	Special Warranty Deed, Transfer
Mar 29, 2022	Special Warranty Deed, Transfer · Commercial Mortgage BARCLAYS CAPITAL REAL ESTATE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 18, 2025 · Amount on Record
Deed Sale	Jun 18, 2025 · Amount on Record
Prior Sale	Mar 29, 2022 · Amount on Record
Deed Document Number	202550487
Prior Transfer Date	Jun 3, 2025
Prior Transfer Doc	0000050487
Record Updated	Sep 20, 2026

June 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	7220 MADISON AVE, INDIANAPOLIS, IN 46227-5273
Transaction Type	Mortgage
Record Updated	Jun 23, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000050488
Date	Jun 18, 2025
Instrument	A202500050488

Lender

Name	CITY REAL ESTATE FUNDING INC
Type	Funding / Finance Company

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	36 Months
Due	Jun 6, 2028

March 2022: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARION IN
Recording Date	Mar 29, 2022
Property Address	7220 MADISON AVE, INDIANAPOLIS, IN 46227-5273
Document Number	0000037642
Instrument Date	Mar 14, 2022
Instrument	A202200037642
Transaction Type	Transfer
Record Updated	Jun 23, 2026

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	8901 GAYLORD DR, HOUSTON, TX 77024-3041

March 2022: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARION IN
Recording Date	Mar 29, 2022
Property Address	7220 MADISON AVE, INDIANAPOLIS, IN 46227-5273
Document Number	0000037641
Instrument Date	Mar 14, 2022
Instrument	A202200037641
Transaction Type	Transfer
Record Updated	Jun 23, 2026

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	8901 GAYLORD DR, HOUSTON, TX 77024-3041

Mortgage

Document Number	0000037643
Date	Mar 29, 2022
Instrument	A202200037643

Lender

Name	BARCLAYS CAPITAL REAL ESTATE

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

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	$3,902.00 (+6.64%)	$126,900 (+35.58%) Land $39,700 Building $87,200	$126,900 (+35.58%) Land $39,700 Building $87,200
2024	$3,659.00 (+39.92%)
2023	$2,615.00 (+17.26%)	$93,600 (+17.59%) Land $39,700 Building $53,900	$93,600 (+17.59%) Land $39,700 Building $53,900
2022	$2,230.00	$79,600 Land $39,700 Building $39,900	$79,600 Land $39,700 Building $39,900

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 Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	2 in force
Nearby Flood Claims	1 (2025)
Most Recent Claim	Apr 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 Risk	Not 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 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 228 locations within half a mile, as of December 31, 2025

Provider	Max 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.

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