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5208 Commerce Square Dr; Indianapolis, IN Property Details

5208 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 5208 Commerce Square Dr has a total of 15,605 square feet. The lot size of 5208 Commerce Square Dr is 50,539 square feet.

For Rent  •   Pre Probate ✓
5208 Commerce Square Dr Indianapolis, IN 46237
$2,250 Listing Price
15,605 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1985
  • Purchase Price: $1,276,800
  • Open Loans / Balance: 1 / $946,558
  • APN: 49-15-15-107-033.000-300
  • Situs County: Marion
  • Length Of Ownership: 2 years, 2 months

Structure

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

Measurements

  • Total: 15,605/SqFt
  • Lot: 50,539/SqFt
  • Gross: 15,605/SqFt
  • Living: 15,605/SqFt
  • Building: 15,605/SqFt
  • Ground: 15,605/SqFt
  • Price Per Square Foot: $81.82

Legal Description

  • Description: PT SW1/4 S15 T14 R4 COM SW COR N646 & N305 & E654 & N35 P.O.B. N302 E61.52 S7 E108.48 S295 W170 TO BEG 1.16AC
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: 39.654274 / -86.08
  • Property Class: Office
  • Zoning: ZO01
  • County Use Code: 447

Amenities

  • Plus Four: 8546

Ownership Info

5208 Commerce Square Dr has no associated ownership info
5208 Commerce Square Dr has no associated ownership info.

Taxes

5208 Commerce Square Dr has 10 associated Taxes items

5208 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 $591,800. The APN we've located for 5208 Commerce Square Dr is 49-15-15-107-033.000-300.

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Taxes
  • Assessed Value:  $591,800
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-15-15-107-033.000-300
  • Assessed Land Value:  262300
  • Market Land Value:  262300
  • Tax Amount:  15075.18
  • Tax Year:  2025
  • Market Value:  591800
  • Market Year:  2025

Tax History

5208 Commerce Square Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $591,800 Land Value $262,300 Improvement Value $329,500 Tax Amount $15,075.18 Change Rate +0.200259% Assessed CR Tax Rate +0.025473%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $12,559.94 Change Rate -0.012844% Assessed CR Tax Rate
Year 2023 Assessed Value $488,600 Land Value $262,300 Improvement Value $226,300 Tax Amount $12,723.36 Change Rate -0.092296% Assessed CR Tax Rate +0.02604%
Year 2022 Assessed Value $488,600 Land Value $262,300 Improvement Value $226,300 Tax Amount $14,017.08 Change Rate -0.016999% Assessed CR Tax Rate +0.028688%
Year 2021 Assessed Value $469,200 Land Value $238,500 Improvement Value $230,700 Tax Amount $14,259.48 Change Rate +0.064091% Assessed CR Tax Rate +0.030391%
Year 2020 Assessed Value $455,200 Land Value $238,500 Improvement Value $216,700 Tax Amount $13,400.62 Change Rate +0.003566% Assessed CR Tax Rate +0.029439%
Year 2019 Assessed Value $445,100 Land Value $238,500 Improvement Value $206,600 Tax Amount $13,353 Change Rate -0.108765% Assessed CR Tax Rate +0.03%
Year 2018 Assessed Value $480,700 Land Value $238,500 Improvement Value $242,200 Tax Amount $14,982.58 Change Rate +0.202261% Assessed CR Tax Rate +0.031168%
Year 2017 Assessed Value $397,400 Land Value $238,500 Improvement Value $158,900 Tax Amount $12,462 Change Rate -0.009065% Assessed CR Tax Rate +0.031359%
Year 2016 Assessed Value $392,800 Land Value $238,500 Improvement Value $154,300 Tax Amount $12,576 Change Rate +0.000957% Assessed CR Tax Rate +0.032016%
Year 2014 Assessed Value $418,800 Land Value $238,500 Improvement Value $180,300 Tax Amount $12,563.98 Change Rate -0.063717% Assessed CR Tax Rate +0.03%
Year 2013 Assessed Value $447,300 Land Value $238,500 Improvement Value $208,800 Tax Amount $13,419 Change Rate Assessed CR Tax Rate +0.03%