2603 LafayetteIndianapolis, IN 46222

  • Auto shops
  • 7,586 SF
Off market
$9,988,670 Estimated

Property Details for 2603 Lafayette

Year built
1965
Construction
TYPE NOT SPECIFIED
Lot size
1.00 AC
Property size (Sq ft)
7,586 SF
Zone code
ZO01
Property type
Auto shops
APN
49-06-28-121-029.000-901
APU
490628121029000901

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,179,700
    6.5%
    $1,088,960
    7%
    $1,011,180
  • Comparable approach

    Method
    Valuation
    Relative Method
    $741,689
    Geo Method
    $741,689
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,182,370
    Mixed-Use / Specialty
    $1,061,310
    Hospitality / Lodging
    $747,717
    Office
    $1,030,260
    Institutional / Educational
    $1,094,850
    Residential Income
    $1,280,970
    Multifamily
    $1,668,050
    Automotive / Energy
    $938,440
    Parking / Income-Based Land
    $347,320
    Restaurant / Food Service
    $501,287
    Healthcare / Senior Housing
    $1,112,720

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.8034
Longitude
-86.2136
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
$5,576
$85,500
$116,900
$202,400
-
$85,500
$116,900
$202,400

FAQs

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