123 Illinois St Indianapolis, IN 46225-1005
Property profile & analytics
123 Illinois St, Indianapolis, IN 46225-1005
- Hotels
- 28,372 SF
- 0.15 lot acres
Property ID
US31-1169063
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Le Méridien Indianapolis / Hotel & Motel
- Behavioral Health EHR Software Office Indianapolis IN / Corporate Office
- Spoke & Steele / Restaurant
Property Details for 123 Illinois St
- Year built
- 1928
- Construction
- CONCRETE
- Lot size
- 0.15 lot acres
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 49-11-11-184-041.000-101
- APU
- 491111184041000101
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 28, 2018 | — | Avr Indianapolis Hotel LLC | Rb Indianapolis LLC | Grant Deed | — |
| May 18, 2017 | — | Rb Indianapolis LLC | — | Grant Deed · related | $18M · Fcbank |
| Jun 12, 2013 | $5,350,000 | Rb Indianapolis LLC | Historic Canterbury Hotel LLC | Grant Deed | $9M · Miscellaneous Ins Co |
| — | — | 123 S Illinois Associates | — | Deed Of Trust · related | $10.1M · Jackson National Life Ins Co |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $855,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,264,000
Market price range: $300k - $1.26M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $2,305,000
- COMMERCIAL (GENERAL)
- $1,855,000
- RETAIL STORES
- $1,800,000
- RESTAURANT
- $1,565,000
- OFFICE BUILDING
- $1,400,000
- MEDICAL BUILDING
- $1,125,000
- AUTO REPAIR, GARAGE
- $1,095,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.1597
- Latitude
- 39.7651
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$388,260
$571,000
$13,426,400
$13,997,400
-
$571,000
$13,426,400
$13,997,400
