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Financial
Distress signals
Property profile

12 Louisiana St Indianapolis, IN 46225

OFF-MARKET
Other office properties
Property ID
US31-0961634
4,662 SF 0.04 ac lot Built 1908
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A three-story office building totaling 4,200 square feet, constructed in 1905, located in Indianapolis’ Wholesale District near Union Station and within walking distance of Circle Centre Mall, Gainbridge Fieldhouse, Lucas Oil Stadium, and nearby restaurants, hotels, and entertainment venues. The structure provides approximately 1,400 square feet per floor and was originally built to serve as the Indiana Brewing Company & Hotel for Union Station patrons. Renovation work has preserved and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$10k
Tax billed · 2023
Assessed value$360k
Assessed land$77k
Assessed improvement$282k
Effective rate2.77%

Value estimate

· Oct 2026
$180k
$162k – $198k
Submarket $/SF estimate$557k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
Submarket average, outlier-cleaned · 181 recorded sales of this use type
Observed band · Q1–Q3$30 – $120
Qualifying comparables13

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

What can be built here?
ZO01
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.4
Electrical Service10.2
Storage Facility9.8

Location

12 Louisiana St Indianapolis, IN 46225
County assessor Recorded deeds · 5 transfers 13 qualifying comp sales Zoning catalog

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

Comparables

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2829 Madison, Indianapolis, IN 46225-2405 $545,000 Mar 2020 17,046 SF
105 Meridian, Indianapolis, IN 46225-1016 $29,825,000 Jan 2020 49,784 SF
2635 Madison, Indianapolis, IN 46225-2110 $1,185,000 Dec 2019 2,820 SF
Indianapolis, IN 46225-2066 $360,000 May 2019 400 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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