5825 38thIndianapolis, IN 46218

  • Retail properties
  • 1,218 SF
Off market
$8,990,470 Estimated

Property Details for 5825 38th

Year built
1965
Lot size
0.90 AC
Property size (Sq ft)
1,218 SF
Zone code
ZO01
Property type
Retail properties
Property subtype
Parking lots & garages
APN
49-07-22-106-007.000-701
APU
490722106007000701

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $233,139
    6.5%
    $215,206
    7%
    $199,834
  • Comparable approach

    Method
    Valuation
    Relative Method
    $290,126
    Geo Method
    $290,126
  • Alternative Use

    Use
    Valuation
    Residential
    $181,534
    Hospitality
    $166,284
    Educational
    $138,346
    Medical
    $143,104
    Retail
    $215,206
5825 38th, Indianapolis, Indiana

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.825
Longitude
-86.0681
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
-
$73,700
$28,400
$102,100
-
$73,700
$28,400
$102,100

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