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515 S West St; Indianapolis, IN Property Details

515 S West St, Indianapolis, IN is a Hotel that was built in 2008. This property is currently Financed and is not for sale. Our records show that 515 S West St has a total of 25,767 square feet. The lot size of 515 S West St is 43,848 square feet.

Off market
515 S West St Indianapolis, IN 46225
$9,574,700 Estimated Value
25,767 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2008
  • Purchase Price: $6,418,800
  • APN: 49-11-11-190-020.000-101
  • Situs County: Marion
  • Length Of Ownership: 12 years, 3 months

Structure

  • Building Style: Brick
  • Stories: 6
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Building Quality: C
  • Pool Type: Yes
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 25,767/SqFt
  • Lot: 43,848/SqFt
  • Gross: 25,767/SqFt
  • Building: 25,070/SqFt
  • Price Per Square Foot: $249.11

Legal Description

  • Description: MEARS SUB OL11 L13 THRU L16 & 19 VAC HENRY ST N & ADJ
Building Insights

Land Information

  • Property Type: Hotel
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.760098 / -86.16692
  • Subdivision: Mears Sub Ol11
  • Property Class: Commercial
  • Zoning: ZO01
  • County Use Code: 411

Amenities

  • Pool: true
  • Plus Four: 1139

Ownership Info

515 S West St has no associated ownership info
515 S West St has no associated ownership info.

Taxes

515 S West St has 10 associated Taxes items

515 S West St, 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 $9,574,700. The APN we've located for 515 S West St is 49-11-11-190-020.000-101.

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Taxes
  • Assessed Value:  $9,574,700
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-11-11-190-020.000-101
  • Assessed Land Value:  1928800
  • Market Land Value:  1928800
  • Tax Amount:  220571.28
  • Tax Year:  2024
  • Market Value:  9574700
  • Market Year:  2025

Tax History

515 S West St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $9,574,700 Land Value $1,928,800 Improvement Value $7,645,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $220,571.28 Change Rate -0.033264% Assessed CR Tax Rate
Year 2023 Assessed Value $8,202,100 Land Value $1,928,800 Improvement Value $6,273,300 Tax Amount $228,160.84 Change Rate -0.039123% Assessed CR Tax Rate +0.027817%
Year 2022 Assessed Value $8,514,300 Land Value $1,928,800 Improvement Value $6,585,500 Tax Amount $237,450.58 Change Rate +0.027875% Assessed CR Tax Rate +0.027888%
Year 2021 Assessed Value $7,766,800 Land Value $1,753,500 Improvement Value $6,013,300 Tax Amount $231,011.12 Change Rate -0.030861% Assessed CR Tax Rate +0.029743%
Year 2020 Assessed Value $8,048,600 Land Value $1,753,500 Improvement Value $6,295,100 Tax Amount $238,367.34 Change Rate +0.02506% Assessed CR Tax Rate +0.029616%
Year 2019 Assessed Value $7,714,300 Land Value $1,753,500 Improvement Value $5,960,800 Tax Amount $232,539.86 Change Rate -0.032787% Assessed CR Tax Rate +0.030144%
Year 2018 Assessed Value $7,715,800 Land Value $1,753,500 Improvement Value $5,962,300 Tax Amount $240,422.52 Change Rate +0.126004% Assessed CR Tax Rate +0.03116%
Year 2017 Assessed Value $7,732,000 Land Value $1,753,500 Improvement Value $5,978,500 Tax Amount $213,518.41 Change Rate -0.038852% Assessed CR Tax Rate +0.027615%
Year 2016 Assessed Value $7,394,800 Land Value $1,753,500 Improvement Value $5,641,300 Tax Amount $222,149.31 Change Rate +0.038089% Assessed CR Tax Rate +0.030041%
Year 2014 Assessed Value $7,326,200 Land Value $1,753,500 Improvement Value $5,572,700 Tax Amount $213,998.3 Change Rate -0.011506% Assessed CR Tax Rate +0.02921%
Year 2013 Assessed Value $7,326,200 Land Value $1,753,500 Improvement Value $5,572,700 Tax Amount $216,489.2 Change Rate Assessed CR Tax Rate +0.02955%