8512 State Rd 56French Lick, IN 47432

  • Retail space
  • 7,464 SF
Off market
$851,300 Estimated

Property Details for 8512 State Rd 56

Year built
1987
Construction
TYPE NOT SPECIFIED
Lot size
0.50 AC
Property size (Sq ft)
7,464 SF
Property type
Retail space
APN
59-05-34-402-002.000-002
APU
590534402002000002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,787,149
    6.5%
    $1,649,676
    7%
    $1,531,842
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,619,103
    Geo Method
    $1,619,103
  • Alternative Use

    Use
    Valuation
    Residential
    $1,391,564
    Hospitality
    $1,274,665
    Educational
    $1,060,506
    Medical
    $1,096,978
    Retail
    $1,649,676

Location Insight

City
French Lick
County
Orange
State
Indiana
Latitude
38.5568
Longitude
-86.6148

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
$23,498
$210,600
$640,700
$851,300
-
$210,600
$640,700
$851,300

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