218 16thElwood, IN 46036

Off market
$601,220 Estimated
  • Office properties
  • 1,512 SF

Property Details for 218 16th

Year built
1928
Construction
WOOD
Lot size
0.06 AC
Property size (Sq ft)
1,512 SF
Property type
Office properties
APN
48-04-15-202-042.000-027
APU
480415202042000027

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $188,200
    6.5%
    $173,723
    7%
    $161,314
  • Comparable approach

    Method
    Valuation
    Relative Method
    $187,775
    Geo Method
    $187,775
  • Alternative Use

    Use
    Valuation
    Residential
    $215,416
    Hospitality
    $197,320
    Educational
    $164,168
    Medical
    $169,814
    Retail
    $255,372
218 16th, Elwood, Indiana

Location Insight

City
Elwood
County
Madison
State
Indiana
Latitude
40.2757
Longitude
-85.8403
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
$1,152
$2,300
$36,100
$38,400
-
$2,300
$36,100
$38,400

FAQs

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