2221 SouthportIndianapolis, IN 46227

  • Residential income homes
  • 980 SF
Off market
$336,260 Estimated

Property Details for 2221 Southport

Year built
1920
Construction
WOOD
Lot size
0.03 AC
Property size (Sq ft)
980 SF
Zone code
ZO01
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
49-15-18-108-001.000-513
APU
491518108001000513

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $157,680
    6.5%
    $145,551
    7%
    $135,155
  • Comparable approach

    Method
    Valuation
    Relative Method
    $142,679
    Geo Method
    $142,679
  • Alternative Use

    Use
    Valuation
    Residential
    $145,551
    Hospitality
    $133,324
    Educational
    $110,924
    Medical
    $114,739
    Retail
    $172,549

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.6648
Longitude
-86.1225
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
$761
$4,800
$23,200
$28,000
-
$4,800
$23,200
$28,000

FAQs

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