Financial
Distress signals
Property profile

229 Iowa St Indianapolis, IN 46225

OFF-MARKET
Other industrial land
Property ID
US31-0753592
0.1 ac lot
Last sale Feb 2026 · $16,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This vacant city lot is located in the Bates-Hendricks neighborhood of Indianapolis. The lot measures 32 feet by 138 feet and contains approximately 0.1 acre. It is zoned industrial and may allow for commercial and residential uses depending on applicable regulations. The property is situated near multiple interstate highways, several parks, and downtown Indianapolis. Utilities are believed to be available on or near the site, and the lot is part of a group of multiple lots offered together in

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?
$141
Tax billed · 2023
Assessed value$5k
Assessed land$5k
Effective rate2.76%

Value estimate

· Sep 2026
$220k
$198k – $242k
AI approach$220k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$62/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$18 – $99

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.1
Dental Office11.0
Realty agency9.9

Location

229 Iowa St Indianapolis, IN 46225-1853
County assessor Recorded deeds · 11 transfers Comp sales · not on file 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

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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