Large Location Icon

5110 Commerce Square Dr; Indianapolis, IN Property Details

5110 Commerce Square Dr, Indianapolis, IN is a Commercial Office that was built in 1985. This property is currently Financed and is not for sale. Our records show that 5110 Commerce Square Dr has a total of 12,698 square feet. The lot size of 5110 Commerce Square Dr is 68,389 square feet.

Off market
5110 Commerce Square Dr Indianapolis, IN 46237
$2,199,000 Listing Price
12,698 SqFt
Property 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 report
Taxes
  • 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

Tax History

5110 Commerce Square Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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%