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    241 Washington St Indianapolis, IN 46204-3435
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    Property profile & analytics

    241 Washington St, Indianapolis, IN 46204-3435

    View on Map

    • Hotels
    • 87,880 SF
    • 1.27 lot acres
    Off-Market
    Property ID
    US31-1281782
    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.

    Value Estimations
    $3,580,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Westin Indianapolis / Hotel & Motel
    • Ten Hands Social Bar & Eatery / Restaurant
    • Budget Auto Transport / Trucking Company

    Property Details for 241 Washington St

    Year built
    1987
    Construction
    CONCRETE
    Lot size
    1.27 lot acres
    Zone code
    ZO01
    Property type
    Hotels
    Property subtype
    Motels
    APN
    49-11-02-251-163.000-101
    APU
    491102251163000101

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 18, 2024 — Wes Ind Holdings LLC — Deed · related $87M · Acrefi Holdings J I LLC
    Dec 26, 2019 — West Ind Holdings LLC — Deed · related $104.9M · Acore Capital Mortgage LP
    Aug 13, 2019 $118,250,000 Wes Ind Holdings LLC Host Indianapolis LP Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,916,000
      Market price range: $928k - $3.92M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,875,000
      AUTO REPAIR, GARAGE
      $5,270,000
      OFFICE BUILDING
      $4,345,000
      MEDICAL BUILDING
      $3,490,000
      INDUSTRIAL (GENERAL)
      $2,565,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1639
    Latitude
    39.7663
    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
    $2,108,898
    $4,879,400
    $71,149,800
    $76,029,200
    -
    $4,879,400
    $71,149,800
    $76,029,200
    More about this property
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