8840 E 42nd St, Indianapolis, IN 46226 Property Records

Marion County property record for 8840 E 42nd St, Indianapolis, IN 46226

Property Summary

Property TypeCommercial
Details60,562 sqft · built 2022
Lot Size3.06 acres (133,381 sqft)
OwnerCompany Name on File
Last Sale$150,000 (Jul 2018)
Tax Bill$123,055 (2023)
Deeds & MortgagesJul 2021 Mortgage
Jul 2021 Mortgage
+ 4 more
Flood ZoneZone X (minimal risk)
APN49-08-18-121-007.000-407

Property Details

APN / Parcel Number

Primary APN49-08-18-121-007.000-407
Alternative APN
  • 4021078

Interior

Units40 Units
Stories2 Stories
Building Area60,562 sqft Total Area
Gross Area13,388 sqft

Exterior

Year BuiltBuilt 2022
Construction TypeWood
Fire ResistanceWood or Wood & Steel Frame
Lot Area133,381 sqft (3.06 acres)

Exterior Amenities

Pool Area800 sqft
FenceFence
Utility Building60,562 sqft
Total Buildings5 Buildings

Location & Zoning

Account Number4021078
Old Parcel Number4021078
Street Address8840 E 42ND ST
CityINDIANAPOLIS
StateIN
Zip46226-5596
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeZO01
Legal DescriptionPT SE1/4 NE1/4 S18 T16 R5 BEG 337.66FT W & 270FT NOF SE COR W 517.66FT S 270FT NE 181.09FT E337.13FT N 255FT TO BEG 3.062AC
Legal Range05
Legal Township16
Legal Section18
JurisdictionMARION IN
Township / Civil DivisionLAWRENCE
Census Block Group1
Census Block1002
Census Tract330806

Owner

8840 E 42nd St, a commercial property, is owned by a company that acquired it in September 2018.

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

Owner of RecordCompany Name on File
Mailing Address5855 E NAPLES PLZ STE 311, 311, LONG BEACH, CA 90803-5091
Owner TypeCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Jul 12, 2021Deed of Trust, Mortgage · Commercial Mortgage
OWEN COUNTY STATE BANK
Jul 13, 2021Deed of Trust, Mortgage · Commercial Mortgage
OWEN COUNTY STATE BANK
Apr 6, 2023Deed of Trust, Mortgage · Commercial Mortgage
FCNB BANK
Sep 7, 2018Deed of Trust, Mortgage · Conventional Mortgage
JACKSON COUNTY BANK
Sep 12, 2018Quit Claim Deed, Transfer
PROMINENT TITLE AGENCY LLC, PROMINENT TITLE AGCY LLC
Jul 19, 2018Warranty Deed, Transfer
OTHER

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 19, 2018 · Amount on File
Deed SaleJul 19, 2018 · Amount on File
Prior SaleJul 19, 2018 · Amount on File
Deed Document Number0000071063
Last Transfer DateSep 12, 2018
Transfer Doc0000092944
Record UpdatedJun 7, 2026

July 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION IN
Property Address8840 E 42ND ST, INDIANAPOLIS, IN 46226-5596
Transaction TypeMortgage
Record UpdatedJan 29, 2024

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000090650
DateJul 12, 2021
InstrumentA202100090650
Lender
NameOWEN COUNTY STATE BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Term60 Months
DueJul 2, 2026
Interest
Rate TypeFixed Rate

July 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION IN
Property Address8840 E 42ND ST, INDIANAPOLIS, IN 46226-5596
Transaction TypeMortgage
Record UpdatedJan 29, 2024

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000091378
DateJul 13, 2021
InstrumentA202100091378
Lender
NameOWEN COUNTY STATE BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Term60 Months
DueJul 2, 2026
Interest
Rate TypeFixed Rate

April 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION IN
Property Address8840 E 42ND ST, INDIANAPOLIS, IN 46226-5596
Transaction TypeMortgage
Record UpdatedJan 29, 2024

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000026628
DateApr 6, 2023
InstrumentA202300026628
Lender
NameFCNB BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Term312 Months
DueSep 29, 2049
Interest
Rate TypeAdjustable Rate

September 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION IN
Property Address8840 E 42ND ST, INDIANAPOLIS, IN 46226-5596
Transaction TypeMortgage
Record UpdatedAug 8, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000090905
DateSep 7, 2018
InstrumentA201800090905
Lender
NameJACKSON COUNTY BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueAug 23, 2048
Interest
Rate TypeFixed Rate

September 2018: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionMARION IN
Recording DateSep 12, 2018
Property Address8840 E 42ND ST, INDIANAPOLIS, IN 46226-5596
Document Number0000092944
Instrument DateAug 14, 2018
Instrument92944
Transaction TypeTransfer
Record UpdatedJan 15, 2019
Title CompanyPROMINENT TITLE AGENCY LLC, PROMINENT TITLE AGCY LLC

Transaction

Tax$0.00
Additional
  • Quitclaim
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address5855 E NAPLES PLZ #311 LONG BEACH CA 908035091, 311, LONG BEACH, CA 90803-5091

July 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION IN
Recording DateJul 19, 2018
Property Address8840 E 42ND ST, INDIANAPOLIS, IN 46226-5596
Document Number0000071063
Instrument DateJun 4, 2018
Instrument71063
Transaction TypeTransfer
Record UpdatedDec 9, 2020
Title CompanyOTHER

Transaction

AmountAmount on Record
Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address5855 E NAPLES PLZ LONG BEACH CA 908035060, LONG BEACH, CA 90803-5060

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2023$123,055.00 (+652.45%)$4,815,700 (+860.45%) Land $128,600 Building $4,687,100$4,815,700 (+860.45%) Land $128,600 Building $4,687,100
2022$16,354.00$501,400 Land $128,600 Building $372,800$501,400 Land $128,600 Building $372,800

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

Flood

FEMA maps place 8840 E 42nd St in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 1978.

Source: FEMA National Flood Hazard Layer, effective June 7, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims2 (1978–2003)
Claims Outside the SFHA1 of 2
Most Recent ClaimSep 2003 · Severe Storms, Tornadoes, And 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

The area around 8840 E 42nd St has no burnable land within ember reach, so its wildfire risk is not rated.

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 SystemCITY OF LAWRENCE UTILITIES
serves 49,000 people · EPA ID IN5249005
Water SourceGroundwater
Last State InspectionMay 2023
LeadUnder 1 ppb (2022–2024)
action level 15 ppb
Copper1.4 mg/L (2015–2017)
action level 1.3 mg/L

Violations Reported to EPA

Listed by EPA as a serious violator.

Water QualityTotal trihalomethanes
not recorded as resolved · Jan 2026
E. coli
resolved · Aug 2021
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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 166 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Metronet
Fiber
5,120 / 5,120
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: Spectrum, T-Mobile.

Nearby Properties on E 42nd St

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