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7701 E 86th St, Indianapolis, IN 46256 Property Records

Marion County property record for 7701 E 86th St, Indianapolis, IN 46256 · Last verified May 2024

Property Summary

Property TypeTheater (Movie)
Details6,121 sqft · built 1980
Lot Size2.89 acres (126,150 sqft)
OwnerCompany Name on File
Deeds & MortgagesJun 2023 Mortgage
Jul 2017 Mortgage
Flood ZoneZone X (minimal risk)
APN49-02-24-145-012.000-400

Property Details

APN / Parcel Number

Primary APN49-02-24-145-012.000-400
Alternative APN
  • 4002157

Interior

Stories1 Story
Building Area6,121 sqft Total Area

Exterior

Year BuiltBuilt 1980
Construction TypeWood
Fire ResistanceWood or Wood & Steel Frame
Lot Area126,150 sqft (2.89 acres)
Shed1 Shed
Shed Area120 sqft

Location & Zoning

Account Number4002157
Old Parcel Number4002157
Street Address7701 E 86TH ST
CityINDIANAPOLIS
StateIN
Zip46256-1213
Property CategoryCommercial
Property TypeCommercial > Retail > Theater (Movie)
Legal DescriptionPT NW1/4 NW1/4 S24 T17 R4 BEG 25'S & 120.01'E OF NWCOR SW 66.13' S 278' E 416.75' N 330' W 356.74'TO BEG 2.896 AC
Legal Range04
Legal Township17
Legal Section24
JurisdictionMARION IN
Township / Civil DivisionLAWRENCE
Census Block Group2
Census Block2008
Census Tract330109

Owner

Source: Marion County records · APN 49-02-24-145-012.000-400

Assessment roll updated July 1, 2023 · Last verified May 2024

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 Address7701 E 86TH ST, INDIANAPOLIS, IN 46256-1213
OccupancyOwner Occupied
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
Jun 12, 2023Deed of Trust, Mortgage · Commercial Mortgage
FIRST MERCHANTS BANK NA
Jul 12, 2017Deed, Transfer · Conventional Mortgage
FIRST MERCHANTS BANK NA

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJul 12, 2017
Deed SaleJul 12, 2017
Deed Document Number0000078974
Record UpdatedJun 07, 2026

June 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION IN
Property Address7701 E 86TH ST, INDIANAPOLIS, IN 46256-1213
Transaction TypeMortgage
Record UpdatedJun 23, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000047206
DateJun 12, 2023
InstrumentA202300047206
Lender
NameFIRST MERCHANTS BANK NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term12 Months
DueNov 17, 2024
Interest
Rate TypeAdjustable Rate

July 2017: Deed, Transfer

Document TypeDeed
JurisdictionMARION IN
Recording DateJul 12, 2017
Property Address7701 E 86TH ST, INDIANAPOLIS, IN 46256-1213
Document Number0000078974
Instrument DateJul 12, 2017
InstrumentA201700078974
Transaction TypeTransfer
Record UpdatedJun 09, 2021

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address7701 E 86TH ST, INDIANAPOLIS, IN 46256-1213

Mortgage

Document Number0000078975
DateJul 12, 2017
InstrumentA201700078975
Lender
NameFIRST MERCHANTS BANK NA
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Marion County records · Assessment roll updated July 1, 2023 · Last verified May 2024

Property Jurisdictions

TypeName
StateIndiana
CountyMarion County
County SubdivisionLawrence Township
Consolidated CityIndianapolis City
Unified School DistrictLawrence Township Metropolitan School District (PK - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2023Additional exemption filed$687,800 (-) Land $503,500 Building $184,300$687,800 (-) Land $503,500 Building $184,300
2022Additional exemption filed$687,800 Land $503,500 Building $184,300$687,800 Land $503,500 Building $184,300

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 180973301092, 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
Nearby Flood Claims5 (1978–2011)
Claims Outside the SFHA4 of 5
Most Recent ClaimApr 2011, rainfall accumulation

Wildfire

Wildfire RiskLow
above 5% of the US · above 32% of Indiana
Wildfire LikelihoodLess than 1 in 10,000 per year
ExposureDirect
burnable vegetation at the parcel

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 386 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
AT&TDSL100 / 20

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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