Company
Editorial monogram for Merchants Bank of Indiana — not an official logo.MB

Merchants Bank of Indiana

Commercial bank; Carmel, Indiana

HeadquartersCarmel, Indiana
1 Recorded Transaction
$17.45M Combined Transaction Value

Overview

Merchants Bank of Indiana is the mortgagee on the $17.45 million financing of Plaza Residences at 240 Lott Avenue in Brownsville, a regulated affordable-housing property owned through the paired Plaza Residences, L.P. and Plaza Housing Development Fund Company structure typical of New York's subsidised housing.

Source: Merchants Bank of Indiana

Transactions Tracked

Plaza Residences Financing (Jul. 2026) $17.45M
Lender
Named as party2 (mortgagee) on the ACRIS MTGE document.

Sources

  1. Merchants Bank of Indiana — Merchants Bank of Indiana

The mortgage recorded against 240 Lott Avenue.