- Assessed Value: $976,600
- Assessed Year: 2025
- Assessed County: Marion
- APN: 49-15-15-107-028.000-300
- Assessed Land Value: 386600
- Market Land Value: 386600
- Tax Amount: 21744.7
- Tax Year: 2024
- Market Value: 976600
- Market Year: 2025
5110 Commerce Square Dr; Indianapolis, IN Property Details
Off market
5110 Commerce Square Dr Indianapolis, IN 46237
$2,199,000 Listing Price
12,698 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1985
- Purchase Price: $2,194,500
- Open Loans / Balance: 1 / $1,450,311
- APN: 49-15-15-107-028.000-300
- Situs County: Marion
- Length Of Ownership: 2 years, 1 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: 12,698/SqFt
- Lot: 68,389/SqFt
- Gross: 12,698/SqFt
- Living: 12,698/SqFt
- Building: 12,698/SqFt
- Ground: 12,698/SqFt
- Price Per Square Foot: $172.82
Legal Description
- Description: PT SW1/4 SW1/4 S15 T14 R4 BEG 951FT N & 50FT E &60FT N OF SW COR N 205FT E 300FT S 205FT SW35.36FT W 250FT NW 35.36FT TO BEG 1.57AC
Building Insights
Land Information
- Property Type: Commercial Office
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Franklin Township Community School Corporation
- Lat / Lon: 39.65426 / -86.081985
- Property Class: Office
- County Use Code: 447
Amenities
- Plus Four: 8554
Ownership Info
5110 Commerce Square Dr has no associated ownership info
5110 Commerce Square Dr has no associated ownership info.
Taxes
5110 Commerce Square Dr has 10 associated Taxes items
5110 Commerce Square 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 $976,600. The APN we've located for 5110 Commerce Square Dr is 49-15-15-107-028.000-300.
Unlock the full reportTaxes
Tax History
5110 Commerce Square Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $976,600 | Land Value $386,600 | Improvement Value $590,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $21,744.7 | Change Rate -0.005854% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $845,900 | Land Value $386,600 | Improvement Value $459,300 | Tax Amount $21,872.74 | Change Rate -0.093077% | Assessed CR | Tax Rate +0.025857% |
| Year 2022 | Assessed Value $845,900 | Land Value $386,600 | Improvement Value $459,300 | Tax Amount $24,117.52 | Change Rate -0.073659% | Assessed CR | Tax Rate +0.028511% |
| Year 2021 | Assessed Value $863,700 | Land Value $351,400 | Improvement Value $512,300 | Tax Amount $26,035.26 | Change Rate +0.062318% | Assessed CR | Tax Rate +0.030144% |
| Year 2020 | Assessed Value $832,500 | Land Value $351,400 | Improvement Value $481,100 | Tax Amount $24,507.98 | Change Rate +0.008185% | Assessed CR | Tax Rate +0.029439% |
| Year 2019 | Assessed Value $810,300 | Land Value $351,400 | Improvement Value $458,900 | Tax Amount $24,309 | Change Rate -0.10807% | Assessed CR | Tax Rate +0.03% |
| Year 2018 | Assessed Value $880,400 | Land Value $351,400 | Improvement Value $529,000 | Tax Amount $27,254.38 | Change Rate +0.016652% | Assessed CR | Tax Rate +0.030957% |
| Year 2017 | Assessed Value $866,600 | Land Value $351,400 | Improvement Value $515,200 | Tax Amount $26,807.98 | Change Rate -0.038003% | Assessed CR | Tax Rate +0.030935% |
| Year 2016 | Assessed Value $851,500 | Land Value $351,400 | Improvement Value $500,100 | Tax Amount $27,867 | Change Rate +0.008687% | Assessed CR | Tax Rate +0.032727% |
| Year 2014 | Assessed Value $920,900 | Land Value $351,400 | Improvement Value $569,500 | Tax Amount $27,627 | Change Rate -0.056262% | Assessed CR | Tax Rate +0.03% |
| Year 2013 | Assessed Value $920,900 | Land Value $351,400 | Improvement Value $569,500 | Tax Amount $29,274 | Change Rate | Assessed CR | Tax Rate +0.031788% |