2200 White RivMuncie, IN 47303

  • Assisted living facilities
  • 27,476 SF
Off market
$21,666,000 Estimated

Property Details for 2200 White Riv

Year built
1966
Construction
WOOD
Lot size
2.16 AC
Property size (Sq ft)
27,476 SF
Property type
Assisted living facilities
Property subtype
Retirement homes
APN
18-11-17-261-024.000-003
APU
181117261024000003

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,558,270
    6.5%
    $3,284,556
    7%
    $3,049,945
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,635,656
    Geo Method
    $3,924,081
  • Alternative Use

    Use
    Valuation
    Residential
    $4,166,598
    Hospitality
    $3,816,582
    Educational
    $3,175,351
    Medical
    $3,284,556
    Retail
    $4,939,436
2200 White Riv, Muncie, Indiana

Location Insight

City
Muncie
County
Delaware
State
Indiana
Latitude
40.187
Longitude
-85.4121
CBSA code
34620
CBSA name
MUNCIE, 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
$28,280
$282,600
$1,039,600
$1,322,200
-
$282,600
$1,039,600
$1,322,200

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