2358 ShermanIndianapolis, IN 46218

  • Parking lots & garages
  • 6,900 SF
Off market
$1,599,880 Estimated

Property Details for 2358 Sherman

Year built
1968
Lot size
0.16 AC
Property size (Sq ft)
6,900 SF
Property type
Parking lots & garages
APN
49-07-29-148-070.000-101
APU
490729148070000101

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,319,404
    6.5%
    $1,217,911
    7%
    $1,130,917
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,640,572
    Geo Method
    $1,640,572
  • Alternative Use

    Use
    Valuation
    Residential
    $1,027,354
    Hospitality
    $941,050
    Educational
    $782,943
    Medical
    $809,869
    Retail
    $1,217,911

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.8021
Longitude
-86.1029
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
$333
$7,700
$4,300
$12,000
-
$7,700
$4,300
$12,000

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