500 Simpson ChapelBloomington, IN 47404

Off market
  • Office properties
  • 17,216 SF

Property Details for 500 Simpson Chapel

Year built
1968
Construction
TYPE NOT SPECIFIED
Lot size
31.95 AC
Property size (Sq ft)
17,216 SF
Property type
Office properties
APN
53-02-21-400-017.000-017
APU
530221400017000017

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,123,672
    6.5%
    $1,960,312
    7%
    $1,820,290
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,481,953
    Geo Method
    $1,481,953
  • Alternative Use

    Use
    Valuation
    Residential
    $2,430,787
    Hospitality
    $2,226,588
    Educational
    $1,852,495
    Medical
    $1,916,205
    Retail
    $2,881,659
500 Simpson Chapel, Bloomington, Indiana

Location Insight

City
Bloomington
County
Monroe
State
Indiana
Latitude
39.2824
Longitude
-86.5254
CBSA code
14020
CBSA name
BLOOMINGTON, 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
$6,615
$505,900
$309,400
$815,300
-
$505,900
$309,400
$815,300

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