7901 Madison Ave, Indianapolis, IN 46227 Property Records

Marion County property record for 7901 Madison Ave, Indianapolis, IN 46227

Property Summary

Property TypeApartments (5+ Units)
Details7,412 sqft · built 1967
Lot Size22.6 acres (986,155 sqft)
OwnerCompany Name on Record
Tax Bill$266,584 (2023)
Flood ZoneZone X (minimal risk)
APN49-15-17-121-005.000-500

Property Details

APN / Parcel Number

Primary APN49-15-17-121-005.000-500
Alternative APN
  • 5024064

Interior

Units24 Units
Stories1 Story
Building Area7,412 sqft Total Area
Gross Area20,372 sqft

Exterior

Year BuiltBuilt 1967
Construction TypeWood
Lot Area986,155 sqft (22.6 acres)

Exterior Amenities

Pool Area2,829 sqft
FenceFence
Shed1 Shed
Shed Area40 sqft
Tennis CourtTennis Court
Total Buildings4 Buildings

Location & Zoning

Account Number5024064
Old Parcel Number5024064
Street Address7901 MADISON AVE
CityINDIANAPOLIS
StateIN
Zip46227
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal DescriptionPT SE1/4 S18 T14 R4 & PT SW1/4 S17 T14 R4 BEG 1969.3FT SE NL ON C/L MADISON AVE NE 500' NW 661.171' E561.869'S 73.027' NE 274
Legal Range04
Legal Township14
Legal Section18
Legal Lot Number1
JurisdictionMARION IN
Township / Civil DivisionPERRY
Census Block Group1
Census Block1007
Census Tract381003

Owner

Source: Marion County records, as of May 10, 2024

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Co-ownerCo-owner on Record
Mailing Address37 STEWART ST, HEWLETT, NY 11557-1619
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 16, 2022
Deed SaleMar 16, 2022
Record UpdatedJun 7, 2026

Tax Assessment & Valuation

Source: Marion County assessment roll, as of July 1, 2023

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2023$266,584.00 (+43.37%)$10,484,300 (+44.2%) Land $1,144,800 Building $9,339,500$10,484,300 (+44.2%) Land $1,144,800 Building $9,339,500
2022$185,936.00 (+9.96%)$7,270,800 Land $1,144,800 Building $6,126,000$7,270,800 Land $1,144,800 Building $6,126,000
2021$169,101.00

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

Flood

Source: FEMA National Flood Hazard Layer, effective June 7, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; 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 297 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless, DSL in parts of the area
5,000 / 5,000
Xfinity
Cable · Fiber in parts of the area
2,000 / 250
Verizon
Fixed Wireless
1,000 / 75

May also be available: Metronet, T-Mobile.

Nearby Properties on Madison Ave

Nearby Streets

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