1507 TiptonSeymour, IN 47274

  • Turn key restaurants
  • 0.47 AC
Off market
$4,688,780 Estimated

Property Details for 1507 Tipton

Year built
1988
Lot size
0.47 AC
Property type
Turn key restaurants
APN
36-66-16-300-010.003-009
APU
366616300010003009

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,102,720
    6.5%
    $2,864,050
    7%
    $2,659,480
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,825,020
    Geo Method
    $1,825,020
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $5,835,750
    Mixed-Use / Specialty
    $2,752,580
    Hospitality / Lodging
    $1,887,650
    Office
    $2,630,770
    Institutional / Educational
    $2,825,390
    Residential Income
    $3,305,710
    Multifamily
    $4,526,020
    Automotive / Energy
    $2,421,760
    Parking / Income-Based Land
    $935,759
    Restaurant / Food Service
    $1,215,540
    Healthcare / Senior Housing
    $2,926,560

Location Insight

City
Seymour
County
Jackson
State
Indiana
Latitude
38.9586
Longitude
-85.8668
CBSA code
42980
CBSA name
SEYMOUR, IN MICROPOLITAN 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
$6,172
$158,700
$54,600
$213,300
-
$158,700
$54,600
$213,300

FAQs

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