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    5011 Lafayette Rd Indianapolis, IN 46254-1941
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    Property profile & analytics

    5011 Lafayette Rd, Indianapolis, IN 46254-1941

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    • Hotels
    • 42,370 SF
    • 3.38 lot acres
    Off-Market
    Last Sale May 12, 2020
    Property ID
    US31-0040668
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Quality Inn & Suites / Hotel & Motel
    • New Creation Church / Church

    Property Details for 5011 Lafayette Rd

    Year built
    1988
    Construction
    WOOD
    Lot size
    3.38 lot acres
    Zone code
    ZO01
    Property type
    Hotels
    Property subtype
    Motels
    APN
    49-05-12-128-011.000-600
    APU
    490512128011000600

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 12, 2020 — Velocity Hospitality LLC Jayesh Bhima Quit Claim Deed · related —
    Oct 23, 2018 — Velocity Hospitality LLC Shriiji INC Warranty Deed $1.9M · Casey State Bank
    Jun 14, 2004 — Shriiji INC Indianapolis Motel Assocs I Grant Deed · related —
    — — Shriiji INC — Deed Of Trust · related $1.4M · Huntington National Bank
    — — Motel Assocs I Indianapolis — Deed Of Trust · related $1.3M · Citizens Federal Bank Fsb

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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


    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.2526
    Latitude
    39.8432
    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
    $35,413
    $620,600
    $897,500
    $1,518,100
    -
    $620,600
    $897,500
    $1,518,100
    More about this property
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