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5225 Exploration Dr; Indianapolis, IN Property Details

5225 Exploration Dr, Indianapolis, IN is a Lab/r&d Facility that was built in 2008. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 5225 Exploration Dr has a total of 59,080 square feet. The lot size of 5225 Exploration Dr is 170,232 square feet.

Off market
5225 Exploration Dr Indianapolis, IN 46241
$7,785,300 Estimated Value
59,080 SqFt
Property Type
Lab/r&d Facility
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 2008
  • Open Loans / Balance: 1 / $3,888,885
  • Inv. Liens / Amount: 2 / $291,744
  • APN: 49-13-04-101-017.000-200
  • Situs County: Marion
  • Length Of Ownership: 4 years

Structure

  • Building Style: Brick
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: A
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 59,080/SqFt
  • Lot: 170,232/SqFt
  • Gross: 59,080/SqFt
  • Living: 59,080/SqFt
  • Building: 59,080/SqFt

Legal Description

  • Description: PT S4 T14 R2 BEG 1163 W & 1337 S OF NE COR P.O.B. SW342.66 NWLY144.1 NW293.59 NLY82.76 NE118.77 NELY217.36 SE288.14 SW104.80 SE221.89 NE75.81 SE80.71 TO BEG 3.908 AC
Building Insights

Land Information

  • Property Type: Lab/R&D Facility
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Decatur Township Metropolitan School District
  • Lat / Lon: 39.68764 / -86.31281
  • Property Class: Industrial
  • Zoning: ZO01
  • County Use Code: 346

Amenities

  • Plus Four: 9003

Ownership Info

5225 Exploration Dr has no associated ownership info
5225 Exploration Dr has no associated ownership info.

Taxes

5225 Exploration Dr has 10 associated Taxes items

5225 Exploration 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 $7,785,300. The APN we've located for 5225 Exploration Dr is 49-13-04-101-017.000-200.

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Taxes
  • Assessed Value:  $7,785,300
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-13-04-101-017.000-200
  • Assessed Land Value:  561800
  • Market Land Value:  561800
  • Tax Amount:  178888.7
  • Tax Year:  2024
  • Market Value:  7785300
  • Market Year:  2025

Tax History

5225 Exploration Dr has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $7,785,300 Land Value $561,800 Improvement Value $7,223,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $178,888.7 Change Rate -0.072453% Assessed CR Tax Rate
Year 2023 Assessed Value $6,242,400 Land Value $561,800 Improvement Value $5,680,600 Tax Amount $192,862.16 Change Rate +0.107352% Assessed CR Tax Rate +0.030896%
Year 2022 Assessed Value $6,242,400 Land Value $561,800 Improvement Value $5,680,600 Tax Amount $174,165.14 Change Rate +0.033459% Assessed CR Tax Rate +0.0279%
Year 2021 Assessed Value $5,059,400 Land Value $510,700 Improvement Value $4,548,700 Tax Amount $168,526.45 Change Rate +0.050318% Assessed CR Tax Rate +0.03331%
Year 2020 Assessed Value $4,926,400 Land Value $510,700 Improvement Value $4,415,700 Tax Amount $160,452.84 Change Rate +0.033615% Assessed CR Tax Rate +0.03257%
Year 2019 Assessed Value $4,720,100 Land Value $510,700 Improvement Value $4,209,400 Tax Amount $155,234.64 Change Rate -0.004275% Assessed CR Tax Rate +0.032888%
Year 2018 Assessed Value $4,720,100 Land Value $510,700 Improvement Value $4,209,400 Tax Amount $155,901.19 Change Rate -0.018065% Assessed CR Tax Rate +0.033029%
Year 2017 Assessed Value $4,784,300 Land Value $510,700 Improvement Value $4,273,600 Tax Amount $158,769.38 Change Rate +0.032962% Assessed CR Tax Rate +0.033185%
Year 2016 Assessed Value $4,700,400 Land Value $510,700 Improvement Value $4,189,700 Tax Amount $153,703.08 Change Rate -0.006878% Assessed CR Tax Rate +0.0327%
Year 2014 Assessed Value $4,721,400 Land Value $510,700 Improvement Value $4,210,700 Tax Amount $154,767.5 Change Rate +0.092667% Assessed CR Tax Rate +0.03278%
Year 2013 Assessed Value $4,721,400 Land Value $510,700 Improvement Value $4,210,700 Tax Amount $141,642 Change Rate Assessed CR Tax Rate +0.03%
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