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727 E 86th St, Indianapolis, IN 46240 Property Records

Marion County property record for 727 E 86th St, Indianapolis, IN 46240 · Last verified April 2026

Property Summary

Property TypeCommercial
Details12,050 sqft · built 1981
Lot Size0.781 acres (34,020 sqft)
OwnerCompany Name on File
Last Sale$3,312,500 (Sep 2021)
Tax Bill$29,338 (2024)
Deeds & MortgagesSep 2021 Mortgage
Flood ZoneZone X (minimal risk)
APN49-03-24-111-026.000-800

Property Details

APN / Parcel Number

Primary APN49-03-24-111-026.000-800
Alternative APN
  • 8052922

Interior

Stories2 Stories
Building Area12,050 sqft Total Area
1st Floor Area6,538 sqft

Exterior

Year BuiltBuilt 1981
Effective Year BuiltEffective 2008
Exterior MaterialConcrete Block
Construction TypeFrame
Fire ResistanceMasonry Walls, Wood Interior
Lot Area34,020 sqft (0.781 acres)

Location & Zoning

Street Address727 E 86TH ST
CityINDIANAPOLIS
StateIN
Zip46240-1803
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionCOUNTRY SIDE ADD PT OF L1 NW1/4 NW1/4 S24 T17 R3COM NW COR S 333 E 213 N 146 TO BEG N 162 E210.35 S 162 W 210.35 TO BEG .780AC
Legal Range3E
Legal Township17N
Legal Section24
Legal SubdivisionCOUNTRY SIDE ADD PT OF
Legal Lot Number1
JurisdictionMARION IN
Township / Civil DivisionWASHINGTON
Census Block Group3
Census Block3017
Census Tract320202

Owner

Source: Marion County records · APN 49-03-24-111-026.000-800

Assessment roll updated March 16, 2026 · Last verified April 2026

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 Address727 E 86TH ST, INDIANAPOLIS, IN 46240-1803
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleSep 09, 2021 · Amount on Record
Deed SaleSep 09, 2021 · Amount on Record
Prior SaleJul 31, 2014
Deed Document Number2021119731
Record UpdatedJun 08, 2026

September 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION IN
Recording DateSep 09, 2021
Property Address727 E 86TH ST, INDIANAPOLIS, IN 46240-1803
Document Number0000119731
Map ReferencePB 15 PG 118
Instrument DateJun 25, 2021
InstrumentA202100119731
Transaction TypeTransfer
Record UpdatedJun 23, 2026

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address727 E 86TH ST, INDIANAPOLIS, IN 46240-1803

Mortgage

Document Number0000119732
DateSep 09, 2021
InstrumentA202100119732
Lender
NameFIRST INTERNET BANK OF INDIANA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term300 Months
DueSep 25, 2046
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

Source: Marion County records · Assessment roll updated March 16, 2026 · Last verified April 2026

Property Jurisdictions

TypeName
StateIndiana
CountyMarion County
County SubdivisionWashington Township
Consolidated CityIndianapolis City
Unified School DistrictWashington Township Metropolitan School District (KG - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$1,370,300 (+13.1%) Land $449,100 Building $921,200$1,370,300 (+13.1%) Land $449,100 Building $921,200
2024$29,338.00 (-4.59%)
2023$30,751.00 (-23.1%)$1,211,600 (-22.25%) Land $449,100 Building $762,500$1,211,600 (-22.25%) Land $449,100 Building $762,500
2022$39,987.00 Additional exemption filed$1,558,400 Land $449,100 Building $1,109,300$1,558,400 Land $449,100 Building $1,109,300

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Marion County (18097C), updated June 7, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 180973202023, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies1 in force
Nearby Flood Claims1 (2017)
Claims Outside the SFHA1 of 1
Most Recent ClaimJul 2017, river or lake flooding

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 147 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
Metronet HoldingsFiber5,120 / 5,120
AT&TFiber5,000 / 5,000
XfinityCable2,000 / 250
VerizonFixed Wireless300 / 20
T-Mobile USAFixed Wireless100 / 20
StarlinkSatellite (low-earth orbit)280 / 30

May also be available at this address: AT&T. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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