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5240 Commerce Cir; Indianapolis, IN Property Details

5240 Commerce Cir, Indianapolis, IN is a General that was built in 1988. This property is currently Financed and is not for sale. Our records show that 5240 Commerce Cir has a total of 7,000 square feet. The lot size of 5240 Commerce Cir is 35,720 square feet.

Off market
5240 Commerce Cir Indianapolis, IN 46237
$313,000 Estimated Value
7,000 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1988
  • Purchase Price: $870,000
  • Open Loans / Balance: 1 / $602,628
  • APN: 49-15-15-107-024.000-300
  • Situs County: Marion
  • Length Of Ownership: 3 years, 3 months

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: 7,000/SqFt
  • Lot: 35,720/SqFt
  • Gross: 7,000/SqFt
  • Living: 7,000/SqFt
  • Building: 7,000/SqFt
  • Ground: 7,000/SqFt
  • Price Per Square Foot: $124.29

Legal Description

  • Description: PT NW1/4 SW1/4 S15 T14 R4 BEG 1889.7FT N & 991.39FTE OF SW COR E 120.05FT S 299.16FT W 120FT N295.65FT TO BEG .82AC
Building Insights

Land Information

  • Property Type: General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Franklin Township Community School Corporation
  • Lat / Lon: 39.655994 / -86.07887
  • Property Class: Commercial
  • County Use Code: 499

Amenities

  • Plus Four: 8551
  • Cooling: Yes
  • Heating: Yes

Ownership Info

5240 Commerce Cir has no associated ownership info
5240 Commerce Cir has no associated ownership info.

Taxes

5240 Commerce Cir has 10 associated Taxes items

5240 Commerce Cir, 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 $313,000. The APN we've located for 5240 Commerce Cir is 49-15-15-107-024.000-300.

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Taxes
  • Assessed Value:  $313,000
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-15-15-107-024.000-300
  • Assessed Land Value:  194600
  • Market Land Value:  194600
  • Tax Amount:  8045.98
  • Tax Year:  2024
  • Market Value:  313000
  • Market Year:  2025

Tax History

5240 Commerce Cir has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $313,000 Land Value $194,600 Improvement Value $118,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $8,045.98 Change Rate -0.030409% Assessed CR Tax Rate
Year 2023 Assessed Value $313,000 Land Value $194,600 Improvement Value $118,400 Tax Amount $8,298.32 Change Rate -0.090326% Assessed CR Tax Rate +0.026512%
Year 2022 Assessed Value $313,000 Land Value $194,600 Improvement Value $118,400 Tax Amount $9,122.3 Change Rate +0.035256% Assessed CR Tax Rate +0.029145%
Year 2021 Assessed Value $284,700 Land Value $176,900 Improvement Value $107,800 Tax Amount $8,811.64 Change Rate +0.064431% Assessed CR Tax Rate +0.030951%
Year 2020 Assessed Value $281,200 Land Value $176,900 Improvement Value $104,300 Tax Amount $8,278.26 Change Rate -0.000934% Assessed CR Tax Rate +0.029439%
Year 2019 Assessed Value $276,200 Land Value $176,900 Improvement Value $99,300 Tax Amount $8,286 Change Rate -0.055468% Assessed CR Tax Rate +0.03%
Year 2018 Assessed Value $276,300 Land Value $176,900 Improvement Value $99,400 Tax Amount $8,772.6 Change Rate +0.013236% Assessed CR Tax Rate +0.03175%
Year 2017 Assessed Value $273,100 Land Value $176,900 Improvement Value $96,200 Tax Amount $8,658 Change Rate +0.011212% Assessed CR Tax Rate +0.031703%
Year 2016 Assessed Value $270,400 Land Value $176,900 Improvement Value $93,500 Tax Amount $8,562 Change Rate +0.053137% Assessed CR Tax Rate +0.031664%
Year 2014 Assessed Value $271,000 Land Value $176,900 Improvement Value $94,100 Tax Amount $8,130 Change Rate -0.082289% Assessed CR Tax Rate +0.03%
Year 2013 Assessed Value $271,000 Land Value $176,900 Improvement Value $94,100 Tax Amount $8,859 Change Rate Assessed CR Tax Rate +0.03269%