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    5860 Fortune Cir Wwd Indianapolis, IN 46241-5503
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    Property profile & analytics

    5860 Fortune Cir Wwd, Indianapolis, IN 46241-5503

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    • Hotels
    • 25,172 SF
    • 4.80 lot acres
    Off-Market
    Property ID
    US31-0618156
    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
    $760,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Delta Hotels Indianapolis Airport / Hotel & Motel
    • Delta by Marriott Indianapolis Airport / Hotel & Motel
    • Hangar 58 / Bar & Pub

    Property Details for 5860 Fortune Cir Wwd

    Year built
    1975
    Construction
    CONCRETE
    Lot size
    4.80 lot acres
    Zone code
    ZO01
    Property type
    Hotels
    Property subtype
    Motels
    APN
    49-12-24-103-032.000-900
    APU
    491224103032000900

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 29, 2017 — Midland Hotel Group LLC — Deed · related $13.8M · Geneva Capital Group INC
    Mar 15, 2016 $4,000,000 Midland Hotel Group LLC Reliance Hotels LLC Warranty Deed —
    Jul 13, 2010 — Reliance Hotels LLC — Trustees Deed · related $300k · Sukhvinder S Mehta
    — — Indianapolis Associates Lc — Deed Of Trust · related $2.4M · James Monroe Bank
    — — Midland Hotel Group LLC — Deed Of Trust · related $13.8M · Geneva Capital Group INC

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $965,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $556,000
      Market price range: $198k - $556k
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,245,000
      MEDICAL BUILDING
      $1,000,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.2628
    Latitude
    39.7262
    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
    $465,284
    $770,000
    $13,119,900
    $13,889,900
    -
    $770,000
    $13,119,900
    $13,889,900
    More about this property
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