5056 38thIndianapolis, IN 46254

  • Car washes
  • 4,881 SF
Off market
$11,241,020 Estimated

Property Details for 5056 38th

Year built
1995
Construction
TYPE NOT SPECIFIED
Lot size
1.12 AC
Property size (Sq ft)
4,881 SF
Zone code
ZO01
Property type
Car washes
APN
49-06-18-100-043.000-674
APU
490618100043000674

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $931,246
    6.5%
    $859,612
    7%
    $798,211
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,155,858
    Geo Method
    $1,155,858
  • Alternative Use

    Use
    Valuation
    Residential
    $725,115
    Hospitality
    $664,201
    Educational
    $552,608
    Medical
    $571,613
    Retail
    $859,612

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.8245
Longitude
-86.2453
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
$7,421
$241,900
$106,200
$348,100
-
$241,900
$106,200
$348,100

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