2615 MichiganMichigan City, IN 46360

  • Auto shops
  • 2,304 SF
Off market
$7,614,380 Estimated

Property Details for 2615 Michigan

Year built
1948
Construction
WOOD
Lot size
0.76 AC
Property size (Sq ft)
2,304 SF
Property type
Auto shops
APN
46-01-34-128-002.000-022
APU
460134128002000022

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,088,447
    6.5%
    $1,004,720
    7%
    $932,954
  • Comparable approach

    Method
    Valuation
    Relative Method
    $756,242
    Geo Method
    $756,242
  • Alternative Use

    Use
    Valuation
    Residential
    $847,519
    Hospitality
    $776,323
    Educational
    $645,891
    Medical
    $668,105
    Retail
    $1,004,720
2615 Michigan, Michigan City, Indiana

Location Insight

City
Michigan City
County
Laporte
State
Indiana
Latitude
41.7074
Longitude
-86.8663
CBSA code
33140
CBSA name
MICHIGAN CITY-LA PORTE, 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
$2,856
$53,800
$40,200
$94,000
-
$53,800
$40,200
$94,000

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