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    5802 71st St Indianapolis, IN 46278-1730
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    Property profile & analytics

    5802 71st St, Indianapolis, IN 46278-1730

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    • Hotels
    • 17,824 SF
    • 2.16 lot acres
    Off-Market
    Last Sale Dec 7, 2023
    Property ID
    US31-3565733
    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
    $675,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • TownePlace Suites Indianapolis Park 100 / Hotel & Motel
    • Homeless Initiative Program Temporary Site - Town Place Suites by Marriott / Community Health Centre / Health Care Facility

    Property Details for 5802 71st St

    Year built
    1998
    Construction
    WOOD
    Lot size
    2.16 lot acres
    Zone code
    ZO01
    Property type
    Hotels
    Property subtype
    Motels
    APN
    49-04-26-103-007.000-600
    APU
    490426103007000600

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 1, 2025 — Park 100 Investment LLC — Deed · related $15.3M · Elements Financial FCU
    Dec 7, 2023 — Park 100 Investment LLC Seal Park 100 LLC Special Warranty Deed $4.4M · Tri County Bank & Trust Co
    Jul 24, 2015 — Seal Park 100 LLC First Int LLC Special Warranty Deed $9M · Citigroup Global Markets Realy Corp
    Jun 8, 2006 — First Int LLC Dominion Hospitality-indianapo Deed Of Trust $8.5M · Standard Insurance Co
    — — First Int LLC — Loan Modification · related $3.6M · Republic Bk/chicago
    — — First Int LLC — Deed Of Trust · related $747k · Republic Bank Chicago
    — — First Int LLC — Deed Of Trust · related $3M · Republic Bank Chicago

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $632,000
      Market price range: $188k - $794k
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $405,000
      Current use
      AUTO REPAIR, GARAGE
      $1,070,000
      Change: +163% Conversion: Difficult
      RETAIL STORES
      $1,060,000
      Change: +161% Conversion: Difficult
      OFFICE BUILDING
      $880,000
      Change: +117% Conversion: Difficult
      MEDICAL BUILDING
      $705,000
      Change: +74% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $520,000
      Change: +28% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.2628
    Latitude
    39.8822
    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
    $92,492
    $724,300
    $3,240,700
    $3,965,000
    -
    $724,300
    $3,240,700
    $3,965,000
    More about this property
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