123 MainElkhart, IN 46516

  • Residential income homes
  • 13,176 SF
Off market
$307,000 Estimated

Property Details for 123 Main

Year built
1888
Construction
WOOD
Lot size
0.09 AC
Property size (Sq ft)
13,176 SF
Zone code
ZO01
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
20-06-05-406-026.000-012
APU
200605406026000012

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,385,820
    6.5%
    $3,125,370
    7%
    $2,902,130
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,007,920
    Geo Method
    $2,007,920
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $4,749,480
    Retail / Commercial
    $2,504,930
    Mixed-Use / Specialty
    $2,550,710
    Hospitality / Lodging
    $1,942,600
    Office
    $2,592,530
    Institutional / Educational
    $2,671,260
    Multifamily
    $3,445,130
    Automotive / Energy
    $2,289,650
    Parking / Income-Based Land
    $736,083
    Restaurant / Food Service
    $1,443,390
    Healthcare / Senior Housing
    $2,559,600

Location Insight

City
Elkhart
County
Elkhart
State
Indiana
Latitude
41.6865
Longitude
-85.9736
CBSA code
21140
CBSA name
ELKHART-GOSHEN, 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
$7,827
$30,700
$276,300
$307,000
-
$30,700
$276,300
$307,000

FAQs

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Please email our support team at [email protected] and they will add the team member.
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