Sell your commercial property in Indiana
We buy commercial real estate across Indiana directly, as-is, for cash.
Indiana at a glance
- Population
- 7.0M
- Job growth
- -0.5%
- Transfer tax
- None
- Eff. property tax
- 0.76%
We buy in Indiana
50 property types, statewide
- Gas Stations & Convenience Stores
- Warehouses & Distribution Facilities
- Car Washes
- Storage Facilities
- Industrial Outdoor Storage Facilities
- Manufacturing & Logistics Facilities
- Office Buildings
- Medical Offices
- Shopping Centers
- Hotels & Motels
- Marinas
- Multifamily Properties
- Assisted Living Facilities
- RV & Mobile Home Parks
- Parking Garages & Lots
- Campgrounds
- Billboards
- Cell Towers
- Churches
- Funeral Homes
- Commercial Land
- Farms & Ranches
- Resorts & Retreats
- Auto Collision & Repair Shops
- Auto Parts Stores
- Oil Change & Lube Centers
- Truck Stops
- Grocery Stores
- Drive-Thru & Casual Dining Buildings
- Coffee Shops
- Liquor Stores
- Pharmacies
- Dispensaries
- Urgent Care Centers
- Veterinary Clinics
- Dialysis Centers
- Dollar Stores
- Cell Phone Stores
- Early Education Centers
- Private & Charter Schools
- Bank Branches
- Movie Theatres
- Pawn Shops & Check Cashing Stores
- Data Centers & Battery Farms
- Post Offices
- Government Buildings
- Auto Dealerships
- EV Charging Stations
- Hospitals & Surgery Centers
- Gyms & Fitness Centers
Data current as of
Market conditions
The Indiana market right now
Our read
Indiana's population is about 7.0 million and is growing 0.6% a year. Median household income is $71,959, and over the latest year the state gained a net 12,197 residents from other states.
Indiana draws more residents from other states than it loses, and much of its commercial demand follows freight. Indianapolis is the Crossroads of America, with distribution on three interstates and FedEx's second-largest hub; Northwest Indiana is steel and Chicago-adjacent industrial; Fort Wayne is diversified manufacturing and insurance; Evansville is Ohio River logistics and pharmaceutical manufacturing.
Indiana is inexpensive to transact in. There is no real estate transfer tax, and the state constitution caps property tax on commercial real estate as a share of assessed value. Assessed values are adjusted annually toward market using recent sales, so your price can inform the next assessment.
Valuation
What your Indiana property is worth
How we price it
What a commercial property is worth in Indiana comes down to the income it produces, how durable that income is, and what it costs to hold and transfer the asset here. We underwrite all three rather than applying a statewide cap rate to a number you send us.
Income durability is where most valuations go wrong. A tenant with three years remaining in Indianapolis is a different risk from the same tenant in Evansville, and remaining lease term alone does not capture it. We look at what the space actually re-leases for and how long it sits empty first.
Holding and transfer cost is the other half, and it comes directly out of your proceeds. Transfer tax, property tax treatment, and closing convention vary more between states than most sellers expect. The Indiana figures, with the statutes behind them, are set out in the tax and legal section below.
Capital markets today
- 10-yr Treasury
- 5.24%
- 4.12% a year ago
- SOFR
- 3.87%
- 4.2% a year ago
- 30-yr mortgage
- 7.28%
- 6.3% a year ago
- CRE loan delinquency
- 1.53%
- 1.57% a year ago
- CRE prices, YoY
- 6.58%
- -2.7% a year ago
Sources: FRED DGS10, 2026-10-01 · FRED SOFR, 2026-10-01 · FRED MORTGAGE30US, 2026-10-01 · FRED DRCRELEXFACBS, 2026-04-01 · FRED COMREPUSQ159N, 2026-01-01
Indiana tax & legal
Indiana has no real estate transfer tax, and its constitution caps property taxes on commercial real estate at 3% of assessed value.
- Transfer tax
- None
- Property tax (eff.)
- 0.76%
- 1031 conformity
- Yes
- Closing
- Title state
Indiana property tax vs. the 50 states
- Indiana
- Other states
- Median state
Effective property tax rate
0.29%1.88%0.76%
22nd lowest of 50
Effective rates as cited on each state's page; every state's sources include Tax Foundation.
View all states as a table
| State | Effective property tax rate |
|---|---|
| Arizona | 0.48% |
| Texas | 1.40% |
| Florida | 0.78% |
| Alabama | 0.37% |
| Alaska | 0.94% |
| Arkansas | 0.56% |
| California | 0.70% |
| Colorado | 0.50% |
| Connecticut | 1.54% |
| Delaware | 0.54% |
| Georgia | 0.79% |
| Hawaii | 0.29% |
| Idaho | 0.50% |
| Illinois | 1.88% |
| Indiana | 0.76% |
| Iowa | 1.33% |
| Kansas | 1.21% |
| Kentucky | 0.74% |
| Louisiana | 0.55% |
| Maine | 0.98% |
| Maryland | 0.92% |
| Massachusetts | 1.00% |
| Michigan | 1.19% |
| Minnesota | 1.00% |
| Mississippi | 0.58% |
| Missouri | 0.89% |
| Montana | 0.61% |
| Nebraska | 1.44% |
| Nevada | 0.50% |
| New Hampshire | 1.50% |
| New Jersey | 1.88% |
| New Mexico | 0.63% |
| New York | 1.30% |
| North Carolina | 0.66% |
| North Dakota | 0.92% |
| Ohio | 1.36% |
| Oklahoma | 0.79% |
| Oregon | 0.81% |
| Pennsylvania | 1.26% |
| Rhode Island | 1.12% |
| South Carolina | 0.49% |
| South Dakota | 1.00% |
| Tennessee | 0.52% |
| Utah | 0.48% |
| Vermont | 1.51% |
| Virginia | 0.78% |
| Washington | 0.75% |
| West Virginia | 0.51% |
| Wisconsin | 1.32% |
| Wyoming | 0.53% |
Statutes
- Ind. Const. art. 10, § 1
Indiana keeps the cost of transferring commercial real estate low.
There is no transfer tax. Most transfers require a sales disclosure form filed with the county, which carries a modest filing fee, and that is the extent of the transfer-side cost beyond recording.
On the holding side, effective property tax rates near 0.76% are below the national median. The Indiana Constitution caps property taxes on nonresidential real property at 3% of gross assessed value, and assessors adjust values every year using the prior 14 months of sales rather than in large periodic jumps. Your buyer can underwrite that ceiling.
Indiana conforms to federal 1031 treatment.
Sources: Indiana Department of Local Government Finance; Indiana Code (§§ 6-3-1-3.5, 27-7-3.7-1); Tax Foundation, October 2026 · in.gov · Sales-Disclosure-Form-Instructions · in.gov · property-tax-terms · in.gov · 240429-Fact-Sheet-Circuit-Breaker-Caps · taxfoundation.org · indiana · codes.findlaw.com · in-code-sect-6-3-1-3-5 · law.justia.com · section-27-7-3-7-1
What this means
If you're selling in Indiana
- 01
No transfer tax to budget for
Indiana charges no real estate transfer tax, so the largest single closing-cost line in many states does not apply here. On a multimillion-dollar sale that is real money staying with you.
- 02
Closes through title, no attorney required
A title or escrow company handles closing, title insurance, and recording. That usually means a faster close and one less party to coordinate.
- 03
1031 exchange defers state tax too
Indiana conforms to federal like-kind exchange treatment, so a properly structured 1031 defers both. You must have a qualified intermediary in place before closing — it cannot be arranged afterward.
- 04
How the sale affects assessed value
Indiana adjusts assessed values annually toward market value-in-use using recent sales, and property taxes on nonresidential real property are capped at 3% of gross assessed value.
Demand drivers
The Indiana economy
Population
7.0M
Pop. growth
+0.6%
Job growth
-0.5%
Unemployment
3.3%
Net domestic migration
+12,197
Housing permits YTD
18,695
Permits vs last year
-8%
Median household income
$72K
How Indiana compares
- Indiana
- Other states
- Median state
Job growth, year over year
-0.9%+1.6%-0.5%
4th lowest of 50
Population growth
-0.3%+1.5%+0.6%
22nd highest of 50
Unemployment rate
2.0%5.1%3.3%
13th lowest of 50
Median household income
$59K$105K$72K
10th lowest of 50
View all states as a table
| State | Job growth, year over year | Population growth | Unemployment rate | Median household income |
|---|---|---|---|---|
| Arizona | +0.6% | +0.9% | 4.9% | $81K |
| Texas | +1.1% | +1.3% | 4.4% | $80K |
| Florida | +0.6% | +0.8% | 4.5% | $78K |
| Alabama | +1.1% | +0.6% | 3.4% | $67K |
| Alaska | +1.3% | +0.1% | 4.3% | $96K |
| Arkansas | +0.6% | +0.6% | 3.9% | $62K |
| California | +0.8% | -0.0% | 5.1% | $100K |
| Colorado | +0.2% | +0.4% | 4.0% | $97K |
| Connecticut | +0.9% | +0.4% | 5.1% | $96K |
| Delaware | +0.1% | +0.9% | 4.7% | $88K |
| Georgia | -0.1% | +0.9% | 3.2% | $80K |
| Hawaii | +0.2% | -0.1% | 2.7% | $101K |
| Idaho | +0.9% | +1.4% | 3.6% | $81K |
| Illinois | +0.2% | +0.1% | 4.7% | $83K |
| Indiana | -0.5% | +0.6% | 3.3% | $72K |
| Iowa | +0.0% | +0.3% | 3.2% | $76K |
| Kansas | +0.5% | +0.4% | 3.8% | $76K |
| Kentucky | -0.1% | +0.5% | 4.7% | $65K |
| Louisiana | +1.6% | +0.1% | 4.2% | $61K |
| Maine | -0.1% | +0.5% | 3.2% | $76K |
| Maryland | -0.2% | +0.3% | 4.1% | $103K |
| Massachusetts | +0.2% | +0.2% | 4.3% | $105K |
| Michigan | +0.2% | +0.3% | 5.0% | $72K |
| Minnesota | +1.4% | +0.6% | 4.4% | $87K |
| Mississippi | +0.4% | +0.1% | 3.4% | $59K |
| Missouri | +1.1% | +0.4% | 3.5% | $72K |
| Montana | -0.9% | +0.6% | 3.2% | $75K |
| Nebraska | +0.2% | +0.6% | 2.9% | $76K |
| Nevada | +1.3% | +0.9% | 4.8% | $81K |
| New Hampshire | +0.2% | +0.5% | 2.8% | $100K |
| New Jersey | -0.2% | +0.4% | 4.3% | $104K |
| New Mexico | +1.6% | -0.1% | 4.7% | $68K |
| New York | -0.0% | +0.0% | 4.3% | $86K |
| North Carolina | +1.3% | +1.3% | 3.5% | $74K |
| North Dakota | +0.5% | +0.8% | 2.2% | $78K |
| Ohio | +0.2% | +0.3% | 3.3% | $72K |
| Oklahoma | +0.7% | +0.6% | 4.3% | $66K |
| Oregon | -0.8% | +0.2% | 5.1% | $85K |
| Pennsylvania | +0.6% | +0.1% | 3.7% | $78K |
| Rhode Island | +0.1% | +0.4% | 3.7% | $84K |
| South Carolina | +1.6% | +1.5% | 4.1% | $72K |
| South Dakota | +0.2% | +0.9% | 2.0% | $77K |
| Tennessee | +0.5% | +0.9% | 3.4% | $72K |
| Utah | +1.0% | +1.0% | 3.5% | $97K |
| Vermont | -0.3% | -0.3% | 2.6% | $83K |
| Virginia | -0.9% | +0.7% | 3.6% | $92K |
| Washington | +0.4% | +0.9% | 4.9% | $99K |
| West Virginia | -0.3% | -0.1% | 4.0% | $61K |
| Wisconsin | +0.6% | +0.3% | 3.2% | $77K |
| Wyoming | +0.8% | +0.3% | 3.0% | $76K |
Indiana's economy leans on automotive and RV manufacturing, pharmaceuticals and life sciences, logistics and distribution, steel production, and agriculture. Manufacturing-heavy states feel industrial cycles early, and Indiana's tenants are no exception.
Over the past year the state lost jobs at 0.5% over the past year, unemployment is 3.3%, and residential permits are down 8.0% year to date. Payrolls slipping while unemployment stays low and residents keep arriving points to softer hiring rather than a broad downturn, and we underwrite tenants in cyclical industries such as automotive and RV accordingly.
Indianapolis produces most of our Indiana calls. Its interstate distribution base and FedEx hub make it the state's deepest industrial market.
Industries driving demand
Automotive & RV manufacturing
Pharmaceuticals & life sciences
Logistics & distribution
Steel production
Sources: U.S. Census Bureau, American Community Survey 1-Year Estimates, 2024 · U.S. Census Bureau, Population Estimates Program, Vintage 2025 · U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, August 2026 · U.S. Bureau of Labor Statistics, Current Employment Statistics (total nonfarm, YoY), August 2026 · U.S. Census Bureau, Building Permits Survey (residential units, year to date), January–August 2026
Regions
Where Indiana volume happens
- 01
Indianapolis
Crossroads of America; distribution on I-65/I-69/I-70 and FedEx's second-largest hub.
- 02
Northwest Indiana
Steel production and Chicago-adjacent industrial.
- 03
Fort Wayne
Diversified manufacturing and insurance.
- 04
Evansville
Ohio River logistics and pharmaceutical manufacturing.
Property types
What we buy in Indiana



Retail18
- Gas Stations & Convenience Stores2,628
- Car Washes417
- Shopping Centers
- Auto Collision & Repair Shops3,641
- Auto Parts Stores864
- Oil Change & Lube Centers217
- Truck Stops257
- Grocery Stores954
- Drive-Thru & Casual Dining Buildings5,396
- Coffee Shops1,278
- Liquor Stores880
- Pharmacies730
- Dispensaries
- Dollar Stores1,322
- Cell Phone Stores277
- Bank Branches1,789
- Pawn Shops & Check Cashing Stores
- Auto Dealerships497
Industrial03
Office & healthcare06
Hospitality & residential04
Specialty17
- Storage Facilities350
- Marinas34
- RV & Mobile Home Parks89
- Parking Garages & Lots162
- Campgrounds89
- Billboards50
- Cell Towers
- Churches5,296
- Funeral Homes476
- Early Education Centers1,435
- Private & Charter Schools357
- Movie Theatres95
- Data Centers & Battery Farms258
- Post Offices
- Government Buildings
- EV Charging Stations
- Gyms & Fitness Centers739
Process
How selling to Dizposition works
Day 0
01Send us the property
Address, asset type, and the lease if there is one. That is enough for us to start.
- 02
We underwrite it
Our underwriting runs the income against current Indiana market pricing and the cost of capital. No lowball anchor.
10 minutes
03You get a firm offer
In 10 minutes, with the math shown. You will know exactly how we got there.
As fast as 30 days
04Close on your timeline
As fast as 30 days, or as slow as you need. We are the principal, so the date is yours.
FAQ
Selling commercial property in Indiana
Where in Indiana do you buy commercial property?
Statewide. Our activity concentrates in Indianapolis, Northwest Indiana, Fort Wayne and Evansville, but we buy across Indiana including secondary and rural markets that most institutional buyers skip.
What kinds of commercial property do you buy in Indiana?
Retail, industrial, healthcare, hospitality, land, and specialty assets. Indiana's economy leans toward automotive & rv manufacturing and pharmaceuticals & life sciences, so we see a lot of automotive & rv manufacturing-adjacent property here. We also buy assets other people avoid — vacant, environmentally impaired, or with short lease term.
What are the closing costs to sell commercial property in Indiana?
Title and escrow fees, any transfer or recording tax the state levies, prorated property taxes, and payoff of existing debt. Because we are the buyer there is no commission. Indiana levies no real estate transfer tax, which removes the largest line item most sellers expect.
Is there a transfer tax when you sell commercial property in Indiana?
Indiana levies no real estate transfer tax. Most transfers require a sales disclosure form filed with the county, which carries a small filing fee.
Does selling reset the property tax assessment in Indiana?
Indiana adjusts assessed values annually toward market value-in-use using recent sales, and property taxes on nonresidential real property are capped at 3% of gross assessed value. The effective property tax rate in Indiana is about 0.76%.
Does Indiana follow federal 1031 exchange rules?
Yes. Indiana conforms to Section 1031, so a properly structured exchange defers state income tax on the gain as well as federal. The 45-day identification and 180-day closing deadlines are federal and apply the same way.
Who handles a commercial real estate closing in Indiana?
Indiana is a title state: a title or escrow company typically runs the closing, with attorneys optional. We open title with a national underwriter as soon as terms are agreed.
Is demand for commercial property growing in Indiana?
Indiana's population is growing 0.6% a year and over the latest year it gained a net 12,197 residents from other states. Employers lost jobs at 0.5% over the past year, with unemployment at 3.3%, and residential permits are down 8.0% year to date. Those are the inputs behind tenant demand; what they mean for your property depends on its submarket and lease, which is what we underwrite.
How long does it take to sell a commercial property to Dizposition?
You get a firm written offer within 10 minutes of sending us the property. If you accept, you can close in as little as 30 days — most of that is title work and your own timeline. There is no listing period, no marketing, and no waiting on a buyer's financing contingency.
Can I sell my property as-is?
Yes. We are the buyer, so there is no lender requiring repairs and no inspection contingency to renegotiate against you. Deferred maintenance, a failing roof, an aging tank system — we price it into the offer rather than asking you to fix it first.
Can I sell with a tenant in place?
Yes, and in most cases a tenant makes the property more valuable to us, not less. We will ask for the lease, a rent roll, and any estoppel certificates. You do not need to deliver the property vacant.
What if my lease is short-term or about to expire?
Short remaining term is one of the main reasons owners come to us. A conventional buyer needs lease term to get financing, which is why short-dated assets sit on the market. We underwrite the real estate and the backfill prospects rather than the remaining term alone.
What if the property is vacant?
We buy vacant assets. Pricing shifts from an income approach to what the building and land are worth to the next user, which is a different calculation — but it is one we do routinely rather than one that disqualifies the property.
Do I need a broker to sell to you?
No. We buy directly, and there is no commission because there is nothing to market. If you already have a broker, we will pay them. Selling without one saves the commission, but you should understand you are also giving up price discovery — a broker's job is to find out whether someone will pay more than we will.
What documents do I need to get an offer?
The address and the lease are enough to start. To finalize, we will want the rent roll, the last two years of operating statements, the title commitment, any existing survey, and any environmental reports you already have. You do not need an appraisal or a broker package.
How do you determine your offer?
We underwrite in-place income against what the space would re-lease for, adjust for capital needs and any environmental tail, and apply a cap rate supported by comparable transactions. We show you the inputs. If you disagree with an assumption, we would rather argue about the assumption than about the number.
What are typical seller closing costs?
Title and escrow fees, any transfer or recording tax owed in your state, prorated property taxes, and payoff of any existing debt. Because we are the buyer, there is no commission and no marketing cost. Transfer tax varies significantly by state and is often the largest single line.
Will I owe capital gains tax when I sell?
Usually yes, on the gain above your adjusted basis, and depreciation recapture is taxed separately from appreciation. State treatment varies. This is a question for your CPA before you sign, not after — the structure of the sale can change the answer.
Can I do a 1031 exchange?
Yes. A 1031 exchange lets you defer federal capital gains by reinvesting in like-kind property, subject to a 45-day identification window and a 180-day closing window from the date you sell. You must have a qualified intermediary in place before closing — it cannot be arranged afterward. Most states conform to federal treatment, but a few do not.
Can I sell if I am behind on payments or facing foreclosure?
Yes, and speed is the reason to move early rather than late. We can close on a defined date, which is what a lender or a receiver generally needs to see. Send us the payoff figure and any notices you have received.
Can I sell a property I inherited or that is in probate?
Yes. Probate sales take longer because the court timeline governs, not ours, and multiple heirs need to agree on the price before anything can close. We are used to working around both. Inherited property also generally receives a stepped-up basis, which can change the tax math substantially.
What if there is environmental contamination?
Send it anyway. Environmental history is one of the most common reasons a conventional sale falls apart, and it is one of the reasons owners call us. We price the remediation and the residual liability into the offer rather than walking away at the Phase II.
Is there any cost or obligation to get an offer?
None. There is no fee, no listing agreement, and no obligation to accept. If our number does not work for you, you keep the underwriting we showed you and we part ways.
10-minute offer
Ready to sell in Indiana?
Send us the address and the lease. You'll have a firm offer, with the math shown, in 10 minutes.