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16 S Sherman Dr; Indianapolis, IN Property Details

16 S Sherman Dr, Indianapolis, IN is a Retail Stores that was built in 1979. This property is currently a cash purchase and is not for sale. Our records show that 16 S Sherman Dr has a total of 55,880 square feet. The lot size of 16 S Sherman Dr is 328,878 square feet.

Off market
16 S Sherman Dr Indianapolis, IN 46201
$2,098,200 Estimated Value
55,880 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1979
  • APN: 49-10-05-196-009.000-101
  • Situs County: Marion
  • Length Of Ownership: 4 years, 7 months

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Concrete Block
  • Building Condition: Fair
  • Building Quality: C
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 55,880/SqFt
  • Lot: 328,878/SqFt
  • Gross: 55,880/SqFt
  • Living: 55,700/SqFt
  • Building: 55,700/SqFt
  • Ground: 55,700/SqFt

Legal Description

  • Description: PT SE1/4 S5 T15N R4E & PT NE1/4 S8 T15N R4E BEG 210.34 W & 40.03 S OF INTERSECTION OF CL SHERMAN DR & CL WASHINGTON ST W 54.19 SW 140.03 S 379.96 W 173.2SE 132.82 TO EWING ST 780.54 ALONG ROW TO SHERMAN DR N 707.81 W 176.91 N 1.51 W 189.78 NW
Building Insights

Land Information

  • Property Type: Retail Stores
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.76771 / -86.10312
  • Subdivision: Section 08 Township 15 R 04
  • Property Class: Commercial
  • Zoning: ZO01
  • County Use Code: 429

Ownership Info

16 S Sherman Dr has no associated ownership info
16 S Sherman Dr has no associated ownership info.

Taxes

16 S Sherman Dr has 10 associated Taxes items

16 S Sherman Dr, Indianapolis, IN pays taxes in Marion County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $2,098,200. The APN we've located for 16 S Sherman Dr is 49-10-05-196-009.000-101.

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Taxes
  • Assessed Value:  $2,098,200
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-05-196-009.000-101
  • Assessed Land Value:  723500
  • Market Land Value:  723500
  • Tax Amount:  16010
  • Tax Year:  2024
  • Market Value:  2098200
  • Market Year:  2025

Tax History

16 S Sherman Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $2,098,200 Land Value $723,500 Improvement Value $1,374,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $16,010 Change Rate -0.269337% Assessed CR Tax Rate
Year 2023 Assessed Value $1,896,700 Land Value $723,500 Improvement Value $1,173,200 Tax Amount $21,911.62 Change Rate +0.007109% Assessed CR Tax Rate +0.011552%
Year 2022 Assessed Value $1,896,700 Land Value $723,500 Improvement Value $1,173,200 Tax Amount $21,756.96 Change Rate -0.022798% Assessed CR Tax Rate +0.011471%
Year 2021 Assessed Value $1,855,600 Land Value $657,800 Improvement Value $1,197,800 Tax Amount $22,264.54 Change Rate +0.336938% Assessed CR Tax Rate +0.011999%
Year 2020 Assessed Value $1,855,800 Land Value $657,800 Improvement Value $1,198,000 Tax Amount $16,653.38 Change Rate +0.011815% Assessed CR Tax Rate +0.008974%
Year 2019 Assessed Value $1,802,000 Land Value $657,800 Improvement Value $1,144,200 Tax Amount $16,458.92 Change Rate -0.287833% Assessed CR Tax Rate +0.009134%
Year 2018 Assessed Value $1,921,800 Land Value $657,800 Improvement Value $1,264,000 Tax Amount $23,111.04 Change Rate +0.125524% Assessed CR Tax Rate +0.012026%
Year 2017 Assessed Value $1,883,200 Land Value $657,800 Improvement Value $1,225,400 Tax Amount $20,533.58 Change Rate +0.146034% Assessed CR Tax Rate +0.010904%
Year 2016 Assessed Value $1,813,800 Land Value $657,800 Improvement Value $1,156,000 Tax Amount $17,917.08 Change Rate +0.233016% Assessed CR Tax Rate +0.009878%
Year 2014 Assessed Value $1,641,800 Land Value $657,800 Improvement Value $984,000 Tax Amount $14,531.1 Change Rate -0.013575% Assessed CR Tax Rate +0.008851%
Year 2013 Assessed Value $1,462,300 Land Value $657,800 Improvement Value $804,500 Tax Amount $14,731.08 Change Rate Assessed CR Tax Rate +0.010074%