Large Location Icon

3540 Commercial Dr; Indianapolis, IN Property Details

3540 Commercial Dr, Indianapolis, IN is a Grocery, Supermarket that was built in 1995. This property is currently a cash purchase and is not for sale. Our records show that 3540 Commercial Dr has a total of 14,860 square feet. The lot size of 3540 Commercial Dr is 107,158 square feet.

Off market
3540 Commercial Dr Indianapolis, IN 46222
$648,200 Estimated Value
14,860 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1995
  • Purchase Price: $500,000
  • APN: 49-06-20-112-025.000-901
  • Situs County: Marion
  • Length Of Ownership: 8 years, 8 months

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 14,860/SqFt
  • Lot: 107,158/SqFt
  • Gross: 14,860/SqFt
  • Living: 14,860/SqFt
  • Building: 14,860/SqFt
  • Ground: 14,860/SqFt
  • Price Per Square Foot: $33.65

Legal Description

  • Description: PT NW1/4 S20 T16 R3 BEG 101.4 W, 3342.3 S,2057.8 NW & 263.8 NE OF NE COR P.O.B. NE439.5, S146.8SW120.03, S190.94, W IRR 215.78, NW268 TOBEG OUTLOT C 2.461AC.
Building Insights

Land Information

  • Property Type: Grocery, Supermarket
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.819855 / -86.22898
  • Property Class: Commercial
  • Zoning: ZO01
  • County Use Code: 421

Amenities

  • Plus Four: 1678
  • Cooling: Yes
  • Heating: Yes

Ownership Info

3540 Commercial Dr has no associated ownership info
3540 Commercial Dr has no associated ownership info.

Taxes

3540 Commercial Dr has 10 associated Taxes items

3540 Commercial 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 $648,200. The APN we've located for 3540 Commercial Dr is 49-06-20-112-025.000-901.

Unlock the full report
Taxes
  • Assessed Value:  $648,200
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-06-20-112-025.000-901
  • Assessed Land Value:  325600
  • Market Land Value:  325600
  • Tax Amount:  16107.58
  • Tax Year:  2024
  • Market Value:  648200
  • Market Year:  2025

Tax History

3540 Commercial Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $648,200 Land Value $325,600 Improvement Value $322,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $16,107.58 Change Rate -0.08262% Assessed CR Tax Rate
Year 2023 Assessed Value $582,700 Land Value $325,600 Improvement Value $257,100 Tax Amount $17,558.24 Change Rate -0.055649% Assessed CR Tax Rate +0.030133%
Year 2022 Assessed Value $582,700 Land Value $325,600 Improvement Value $257,100 Tax Amount $18,592.92 Change Rate +0.028381% Assessed CR Tax Rate +0.031908%
Year 2021 Assessed Value $566,500 Land Value $296,000 Improvement Value $270,500 Tax Amount $18,079.8 Change Rate +0.086947% Assessed CR Tax Rate +0.031915%
Year 2020 Assessed Value $566,500 Land Value $296,000 Improvement Value $270,500 Tax Amount $16,633.56 Change Rate -0.068787% Assessed CR Tax Rate +0.029362%
Year 2019 Assessed Value $597,500 Land Value $296,000 Improvement Value $301,500 Tax Amount $17,862.26 Change Rate -0.093261% Assessed CR Tax Rate +0.029895%
Year 2018 Assessed Value $597,500 Land Value $296,000 Improvement Value $301,500 Tax Amount $19,699.46 Change Rate -0.200459% Assessed CR Tax Rate +0.03297%
Year 2017 Assessed Value $858,600 Land Value $296,000 Improvement Value $562,600 Tax Amount $24,638.46 Change Rate -0.103374% Assessed CR Tax Rate +0.028696%
Year 2016 Assessed Value $917,100 Land Value $296,000 Improvement Value $621,100 Tax Amount $27,479.08 Change Rate -0.035615% Assessed CR Tax Rate +0.029963%
Year 2014 Assessed Value $985,300 Land Value $296,000 Improvement Value $689,300 Tax Amount $28,493.88 Change Rate -0.098095% Assessed CR Tax Rate +0.028919%
Year 2013 Assessed Value $985,300 Land Value $296,000 Improvement Value $689,300 Tax Amount $31,592.98 Change Rate Assessed CR Tax Rate +0.032064%