111 Henry StFarmland, IN 47340

  • Commercial real estate
  • 0.14 AC
For Sale
$135,000 View listing

Property Details for 111 Henry St

Year built
1979
Construction
TYPE NOT SPECIFIED
Lot size
0.14 AC
Property type
Commercial real estate
APN
68-08-18-253-058.000-008
APU
680818253058000008

Description

This exceptional 2,756-square-foot commercial property, located at 111 E Henry St, Farmland, IN 47340, presents a unique investment opportunity. Situated on a 0.36-acre lot (15,682 sq ft), this single-story, Class B building boasts a spacious, vacant interior, perfect for a variety of uses. Previously home to Old National Bank, the building offers a flexible layout ideal for retail or office space. The open floor plan and abundant natural light create a welcoming atmosphere. Built in 1972, the property features ample parking, a significant advantage in its prime Farmland location. The property's APN is 68-08-18-253-055.000-008. This owner-user investment opportunity is priced at $135,000 and offers significant potential for return. The net rentable square footage is 2,756 square feet. The property is currently vacant and ready for immediate occupancy. Don't miss this chance to acquire a versatile commercial space in a thriving Indiana community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,058,324
    Hospitality
    $969,419
    Educational
    $806,545
    Medical
    $834,284
    Retail
    $1,254,626

Location Insight

City
Farmland
County
Randolph
State
Indiana
Latitude
40.188
Longitude
-85.1264

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
$378
$11,000
$1,600
$12,600
-
$11,000
$1,600
$12,600

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