Financial
Distress signals
Property profile

2318 Southport Rd Indianapolis, IN 46227

OFF-MARKET
Retail space
Property ID
US31-1192840
2,576 SF 0.25 ac lot Built 1870
Last sale Apr 2019 · $145,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$159k
Assessed land$36k
Assessed improvement$123k
Effective rate2.85%

Value estimate

· Sep 2026
$210k
$189k – $231k
AI approach$210k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$75/SF
Submarket average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$33 – $119

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm19.4
Realty agency17.2
Restaurant15.4

Location

2318 Southport Rd Indianapolis, IN 46227
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3561 Shelby, Indianapolis, IN 46227-3274 $150,000 Feb 2023 2,240 SF
7350 Madison, Indianapolis, IN 46227-5518 $299,000 Feb 2022 1,836 SF
8241 Us 31, Indianapolis, IN 46227-6228 $1,635,000 Jul 2020 3,316 SF
5518 Shelby, Indianapolis, IN 46227-4656 $130,000 Apr 2020 3,114 SF
4003 Madison, Indianapolis, IN 46227 $70,000 Feb 2020 3,281 SF
2210 Southport, Indianapolis, IN 46227-5222 $210,000 Sep 2019 3,036 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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