Hotel property in Marion County

Search hotel property records in Marion County 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 Marion County 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.

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Reonomy operates the most comprehensive database for Marion County 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 Marion County commercial real estate professionals. Members from Marion County include brokers, investors and service providers, many of whom specialize in Marion County Hotel Property.

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Marion County hotel property sold prices and values

The average assessed value of hotel properties in Marion County is $5,668,954. Hotel property sale prices in Marion County have a median of $4,250,000. The last 24 months of sales history has seen 33 sales, with 27 sales greater than $250,000, 27 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 Marion County over the last 24 months is $82.

Values and sold prices (last 24 months) United States Indiana Marion County
Average price/sqft $7,597 $151 $487
Median price/sqft $112 $65 $82
Average sold price $8,062,303 $6,327,383 $25,591,917
Median sold price $1,086,917 $1,478,125 $4,250,000
Number of sales 8,539 186 33
Number of sales over $250k 6,487 141 27
Number of sales over $1m 4,408 106 27
Number of sales over $10m 880 13 10
Average total tax amount $80,252 $61,380 $172,278
Average assessed value $3,335,360 $2,268,482 $5,668,954
Average market value $4,307,863 $2,268,482 $5,668,954

Marion County hotel property property averages

The average lot size of hotel properties in Marion County is 83,831 sf. This is 1% above the Indiana average. The average building area is 66 sf and the median year built is 1988.

Property averages United States Indiana Marion County
Average lot size 600,791 sf 127,925 sf 102,336 sf
Median lot size 47,464 sf 82,196 sf 83,831 sf
Average building area 6,763 sf 837 sf 2,954 sf
Median building area 74 sf 41 sf 66 sf
Median year built 1978 1989 1988
Average number of units 51 79 179
Median number of units 16 60 128

Marion County hotel property total supply

There are 232 hotel properties in Marion County. This is 148% below the Indiana average. The total acerage is 404 acres and the aggregate building area for hotel properties in Marion County is 325,043 sf.

Supply United States Indiana Marion County
Number of parcels 92,317 1,553 232
Aggregate lot acerage 1,160,645 3,165 404
Aggregate building area 275,527,209 sf 585,927 sf 325,043 sf
Aggregate units 1,367,684 19,361 1,979

Marion County hotel property industrial mortgages

There are 551 mortgages for hotel properties across Marion County in the Reonomy database. The average value of those mortgages is $142,576,771. This is 69% above the Indiana average.

Debt United States Indiana Marion County
Number of mortgages 216,927 2,093 551
Average value of mortgages $46,865,584 $68,751,134 $142,576,771

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