Hotel property in Indianapolis

Search hotel property records in Indianapolis to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Indianapolis commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

Popular searches around Indianapolis

Reonomy operates the most comprehensive database for Indianapolis Hotel Property and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Indianapolis commercial real estate professionals. Members from Indianapolis include brokers, investors and service providers, many of whom specialize in Indianapolis Hotel Property.

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Indianapolis hotel property sold prices and values

The average assessed value of hotel properties in Indianapolis is $6,130,267. Hotel property sale prices in Indianapolis have a median of $4,375,000. The last 24 months of sales history has seen 34 sales, with 31 sales greater than $250,000, 31 sales valued at over $1,000,000, and 10 sales valued at over $10,000,000. The average price per square foot of hotel properties in Indianapolis over the last 24 months is $103.

Values and sold prices (last 24 months) United States Indiana Indianapolis
Average price/sqft $7,359 $152 $439
Median price/sqft $112 $65 $103
Average sold price $8,180,749 $6,626,922 $24,732,857
Median sold price $1,086,488 $1,682,875 $4,375,000
Number of sales 8,853 188 34
Number of sales over $250k 6,710 143 31
Number of sales over $1m 4,568 108 31
Number of sales over $10m 919 16 10
Average total tax amount $79,744 $63,764 $183,160
Average assessed value $3,371,356 $2,331,540 $6,130,267
Average market value $4,253,160 $2,331,540 $6,130,267

Indianapolis hotel property property averages

The average lot size of hotel properties in Indianapolis is 87,142 sf. This is 5% above the Indiana average. The average building area is 66 sf and the median year built is 1989.

Property averages United States Indiana Indianapolis
Average lot size 603,303 sf 127,661 sf 103,813 sf
Median lot size 47,647 sf 82,764 sf 87,142 sf
Average building area 6,659 sf 809 sf 3,550 sf
Median building area 74 sf 41 sf 66 sf
Median year built 1978 1989 1989
Average number of units 51 78 157
Median number of units 15 60 123

Indianapolis hotel property total supply

There are 242 hotel properties in Indianapolis. This is 146% below the Indiana average. The total acerage is 433 acres and the aggregate building area for hotel properties in Indianapolis is 429,579 sf.

Supply United States Indiana Indianapolis
Number of parcels 93,539 1,554 242
Aggregate lot acerage 1,328,495 3,182 433
Aggregate building area 276,688,346 sf 577,143 sf 429,579 sf
Aggregate units 1,374,173 19,416 3,142

Indianapolis hotel property industrial mortgages

There are 576 mortgages for hotel properties across Indianapolis in the Reonomy database. The average value of those mortgages is $150,382,146. This is 75% above the Indiana average.

Debt United States Indiana Indianapolis
Number of mortgages 220,435 2,131 576
Average value of mortgages $46,272,264 $67,712,853 $150,382,146

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