3808 Shelby StIndianapolis, IN 46227

  • Retail properties
  • 10,725 SF
For Sale

Property Details for 3808 Shelby St

Year built
1954
Construction
WOOD
Lot size
1.21 AC
Property size (Sq ft)
10,725 SF
Zone code
ZO01
Property type
Retail properties
Property subtype
Retail space
APN
49-11-25-107-008.000-501
APU
491125107008000501

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,046,555
    6.5%
    $1,889,128
    7%
    $1,754,190
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,540,501
    Geo Method
    $2,540,501
  • Alternative Use

    Use
    Valuation
    Residential
    $1,593,550
    Hospitality
    $1,459,683
    Educational
    $1,214,439
    Medical
    $1,256,206
    Retail
    $1,889,128
3808 Shelby St, Indianapolis, Indiana

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.71
Longitude
-86.14
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
$16,598
$75,400
$531,400
$606,800
-
$75,400
$531,400
$606,800

FAQs

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