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    515 St Indianapolis, IN 46225-1139
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    Property profile & analytics

    515 St, Indianapolis, IN 46225-1139

    View on Map

    • Hotels
    • 25,767 SF
    • 1.01 lot acres
    Off-Market
    Property ID
    US31-0630875
    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
    $970,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 515 St

    Year built
    2008
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.01 lot acres
    Zone code
    ZO01
    Property type
    Hotels
    Property subtype
    Motels
    APN
    49-11-11-190-020.000-101
    APU
    491111190020000101

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 15, 2014 — Maya Inn LLC — Grant Deed · related $2M · Interbank
    Jul 25, 2014 $9,000,000 Shg Ss Acquisitions LLC Gac-hel INC Grant Deed $5.1M · Interbank
    Jan 8, 2013 $7,500,000 Gac-hel INC Warsaw Hotel Partners LLC Warranty Deed —
    Dec 26, 2006 — Henry Hotel Partners LLC Missouri Hotel Partners LLC Quit Claim Deed · related —
    Sep 15, 2005 — Missouri Hotel Partners LLC Cib Building Facilities Corp Grant Deed $2.2M · Charter One Bank
    — — Henry Hotel Partners LLC — Deed Of Trust · related $5.8M · First Financial Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $790,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,148,000
      Market price range: $272k - $1.15M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $585,000
      Current use
      RESTAURANT
      $1,420,000
      Change: +142% Conversion: Difficult
      OFFICE BUILDING
      $1,275,000
      Change: +117% Conversion: Difficult
      MEDICAL BUILDING
      $1,025,000
      Change: +74% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $995,000
      Change: +69% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1669
    Latitude
    39.7601
    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
    $227,510
    $1,928,800
    $6,585,500
    $8,514,300
    -
    $1,928,800
    $6,585,500
    $8,514,300
    More about this property
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