7906 Madison Ave, Indianapolis, IN 46227 Property Records

Marion County property record for 7906 Madison Ave, Indianapolis, IN 46227

Property Summary

Property Type	Retail Stores (Personal Services, Photography, Travel)
Details	4,500 sqft · built 2020
Lot Size	0.75 acres (32,670 sqft)
Owner	Company Name on Record
Last Sale	$1,850,000 (Dec 2020)
Tax Bill	$14,609 (2023)
Deeds & Mortgages	Oct 2021 Mortgage Dec 2020 Sale + 1 more
Flood Zone	Zone X (moderate risk)
APN	`49-15-18-126-020.000-574`

Property Details

APN / Parcel Number

Primary APN	`49-15-18-126-020.000-574`
Alternative APN	`5028017`

Interior

Stories	1 Story
Building Area	4,500 sqft Total Area
Fire Sprinklers	Fire Sprinklers

Exterior

Year Built	Built 2020
Construction Type	Wood
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	32,670 sqft (0.75 acres)
Fence	Fence

Location & Zoning

Account Number	5028017
Old Parcel Number	5028017
Street Address	7906 MADISON AVE
City	INDIANAPOLIS
State	IN
Zip	46227
Property Category	Commercial
Property Type	Commercial > Retail > Retail Stores (Personal Services, Photography, Travel)
Local Zoning Code	ZO01
Legal Description	PT E1/2 SE1/4 S18 T14 R4 BEG 517.24FT E & 440.76FTN OF SW COR N 128.24FT E 237.1FT SE 132.63FT W270.05FT TO BEG .75AC
Legal Range	04
Legal Township	14
Legal Section	18
Jurisdiction	MARION IN
Township / Civil Division	PERRY
Census Block Group	3
Census Block	3000
Census Tract	381004

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 Record	Company Name on Record
Mailing Address	7106 GRAPE RD, GRANGER, IN 46530-4510
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Oct 1, 2021	Deed of Trust, Mortgage · Commercial Mortgage BYLINE BANK
Dec 18, 2020	Warranty Deed, Transfer
Feb 10, 2020	Deed of Trust, Mortgage · Line of Credit INDIANA MEMBERS CU

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 18, 2020 · Amount on Record
Deed Sale	Dec 18, 2020 · Amount on Record
Deed Document Number	A202000150600
Record Updated	Jun 7, 2026

October 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	7906 MADISON AVE, INDIANAPOLIS, IN 46227
Transaction Type	Mortgage
Record Updated	Jun 13, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	0000132159
Date	Oct 1, 2021
Instrument	A202100132159

Lender

Name	BYLINE BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate

December 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION IN
Recording Date	Dec 18, 2020
Property Address	7906 MADISON AVE, INDIANAPOLIS, IN 46227
Document Number	0000150600
Instrument Date	Dec 16, 2020
Instrument	A202000150600
Transaction Type	Transfer
Record Updated	Aug 8, 2022

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7106 GRAPE RD, GRANGER, IN 46530-4510

February 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	7906 MADISON AVE, INDIANAPOLIS, IN 46227
Document Number	0000015942
Instrument Date	Feb 10, 2020
Transaction Type	Mortgage
Record Updated	Mar 5, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1647 PRESTWICK LN CARMEL IN 460329550, CARMEL, IN 46032-9550

Mortgage

Document Number	0000015942
Date	Feb 12, 2020
Instrument	15942

Lender

Name	INDIANA MEMBERS CU
Type	Credit Union
Address	5103 MADISON AVE, INDIANAPOLIS, IN 46227-4239

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	120 Months
Due	Feb 11, 2030

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

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

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
2023	$14,609.00 (-0.3%)	$522,900 (-) Land $120,600 Building $402,300	$522,900 (-) Land $120,600 Building $402,300
2022	$14,653.00	$522,900 Land $120,600 Building $402,300	$522,900 Land $120,600 Building $402,300

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

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not 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 Risk	Low lower than 98% of the US · lower than 85% of Indiana
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

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

Provider	Max Down / Up (Mbps)
AT&T Fiber · 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.

Nearby Properties on Madison Ave

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures