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5227 Commerce Square Dr; Indianapolis, IN Property Details

5227 Commerce Square Dr, Indianapolis, IN is a Light Industrial that was built in 1991. This property is currently Financed and is not for sale. Our records show that 5227 Commerce Square Dr has a total of 19,670 square feet. The lot size of 5227 Commerce Square Dr is 78,984 square feet.

Off market
5227 Commerce Square Dr Indianapolis, IN 46237
$696,700 Estimated Value
19,670 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1991
  • Open Loans / Balance: 1 / $804,370
  • APN: 49-15-15-107-001.000-300
  • Situs County: Marion
  • Length Of Ownership: 4 years

Structure

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

Measurements

  • Total: 19,670/SqFt
  • Lot: 78,984/SqFt
  • Gross: 19,670/SqFt
  • Living: 19,670/SqFt
  • Building: 19,670/SqFt
  • Ground: 19,670/SqFt

Legal Description

  • Description: PT SW1/4 SW1/4 S15 T14 R4 BEG 951 N 890 E & 35 SOF SW COR P.O.B. E310 S249.68 W310.08 N257.98TO BEG257.98 TO BEG
Building Insights

Land Information

  • Property Type: Light Industrial
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Franklin Township Community School Corporation
  • Lat / Lon: 39.653316 / -86.07903
  • Property Class: Industrial
  • Zoning: ZO01
  • County Use Code: 340

Amenities

  • Plus Four: 9802
  • Cooling: Yes
  • Heating: Yes

Ownership Info

5227 Commerce Square Dr has no associated ownership info
5227 Commerce Square Dr has no associated ownership info.

Taxes

5227 Commerce Square Dr has 10 associated Taxes items

5227 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 $696,700. The APN we've located for 5227 Commerce Square Dr is 49-15-15-107-001.000-300.

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Taxes
  • Assessed Value:  $696,700
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-15-15-107-001.000-300
  • Assessed Land Value:  406300
  • Market Land Value:  406300
  • Tax Amount:  17839.96
  • Tax Year:  2024
  • Market Value:  696700
  • Market Year:  2025

Tax History

5227 Commerce Square Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $696,700 Land Value $406,300 Improvement Value $290,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $17,839.96 Change Rate -0.02177% Assessed CR Tax Rate
Year 2023 Assessed Value $694,000 Land Value $406,300 Improvement Value $287,700 Tax Amount $18,236.98 Change Rate +0.119671% Assessed CR Tax Rate +0.026278%
Year 2022 Assessed Value $555,800 Land Value $304,000 Improvement Value $251,800 Tax Amount $16,287.8 Change Rate +0.012365% Assessed CR Tax Rate +0.029305%
Year 2021 Assessed Value $517,100 Land Value $276,400 Improvement Value $240,700 Tax Amount $16,088.86 Change Rate +0.088026% Assessed CR Tax Rate +0.031114%
Year 2020 Assessed Value $502,300 Land Value $276,400 Improvement Value $225,900 Tax Amount $14,787.2 Change Rate +0.00225% Assessed CR Tax Rate +0.029439%
Year 2019 Assessed Value $491,800 Land Value $276,400 Improvement Value $215,400 Tax Amount $14,754 Change Rate -0.108411% Assessed CR Tax Rate +0.03%
Year 2018 Assessed Value $520,400 Land Value $276,400 Improvement Value $244,000 Tax Amount $16,547.98 Change Rate +0.01565% Assessed CR Tax Rate +0.031799%
Year 2017 Assessed Value $513,100 Land Value $276,400 Improvement Value $236,700 Tax Amount $16,293 Change Rate -0.062327% Assessed CR Tax Rate +0.031754%
Year 2016 Assessed Value $508,600 Land Value $276,400 Improvement Value $232,200 Tax Amount $17,376 Change Rate +0.022418% Assessed CR Tax Rate +0.034164%
Year 2014 Assessed Value $566,500 Land Value $276,400 Improvement Value $290,100 Tax Amount $16,995 Change Rate Assessed CR Tax Rate +0.03%
Year 2013 Assessed Value $566,500 Land Value $276,400 Improvement Value $290,100 Tax Amount $16,995 Change Rate Assessed CR Tax Rate +0.03%