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Financial
Distress signals
Property profile

3811 Michigan St Indianapolis, IN 46201

OFF-MARKET
Retail space
Property ID
US31-0314065
2,934 SF 0.1 ac lot Built 1930
Last sale Nov 2025
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$97k
Assessed land$10k
Assessed improvement$87k
Effective rate2.77%

Value estimate

· Oct 2026
$200k
$180k – $220k
AI approach$200k

Realmo valuation models over county records and 4 qualifying comparable sales.

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
Qualifying comparables4

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.5
Law Firm28.7
Dental Office21.2

Location

3811 Michigan St Indianapolis, IN 46201
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales 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
3105 English, Indianapolis, IN 46201-4300 $91,370 Jan 2021 3,100 SF
2701 English, Indianapolis, IN 46201-4229 $26,450 Jan 2021 3,264 SF
4623 10th, Indianapolis, IN 46201-2823 $68,500 Jan 2021 2,808 SF
2801 New York, Indianapolis, IN 46201-3321 $600,020 Nov 2020 2,539 SF
2841 Michigan, Indianapolis, IN 46201 $94,000 Jul 2020 3,840 SF
3215 English, Indianapolis, IN 46201-4325 $18,985 Feb 2019 2,400 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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