2089 HospitalMartinsville, IN 46151

  • Specialty properties
  • 836 SF
Off market
$5,009,400 Estimated

Property Details for 2089 Hospital

Year built
1940
Construction
WOOD
Lot size
0.50 AC
Property size (Sq ft)
836 SF
Property type
Specialty properties
APN
55-13-03-231-002.000-020
APU
551303231002000020

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $116,874
    6.5%
    $107,884
    7%
    $100,178
  • Comparable approach

    Method
    Valuation
    Relative Method
    $71,962.90
    Geo Method
    $71,962.90
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $239,316
    Retail / Commercial
    $117,451
    Mixed-Use / Specialty
    $112,879
    Hospitality / Lodging
    $77,410
    Office
    $107,884
    Institutional / Educational
    $115,865
    Residential Income
    $135,562
    Multifamily
    $185,606
    Automotive / Energy
    $99,313
    Parking / Income-Based Land
    $38,374.10
    Restaurant / Food Service
    $49,847.70
    Healthcare / Senior Housing
    $120,014

Location Insight

City
Martinsville
County
Morgan
State
Indiana
Latitude
39.4265
Longitude
-86.4041
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
$10
$185,000
-
$185,000
-
$185,000
-
$185,000

FAQs

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