403 Melville StRensselaer, IN 47978

  • Industrial properties
  • 2,016 SF
For Sale
$249,900 View listing

Property Details for 403 Melville St

Year built
1990
Construction
WOOD
Lot size
0.45 AC
Property size (Sq ft)
2,016 SF
Zone code
BUFF
Property type
Industrial properties
APN
37-07-20-000-001.055-027
APU
370720000001055027

Description

This single-story, 2,016 square foot industrial office building presents a compelling investment opportunity in Rensselaer, Indiana. Built in 1990, the property sits on a 19,646 square foot lot and is zoned Industrial-2, allowing for diverse uses. The interior boasts flexible office space currently configured into eight individual offices, a reception area, meeting/conference space, kitchenette, a three-quarter bath, and a half-bath. The building's location in Rensselaer offers convenient access to transportation and infrastructure. The asking price is $249,900, translating to $123.96 per square foot. Detailed permitted zoning information is available upon request, outlining uses permitted under the I-2 zoning classification. This well-maintained property is ideal for a variety of businesses, including manufacturing, contracting/construction offices, and distribution operations. The property's versatile layout and strategic location make it an attractive option for entrepreneurs and established businesses alike. The property's address is 403 N Melville St, Rensselaer, IN 47978. The Assessor's Parcel Number (APN) is 37-07-20-000-001.055-027.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $741,579
    Hospitality
    $679,282
    Educational
    $565,155
    Medical
    $584,592
    Retail
    $879,130

Location Insight

City
Rensselaer
County
Jasper
State
Indiana
Latitude
40.942
Longitude
-87.1414
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI 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
$398
$7,000
$25,600
$32,600
-
$7,000
$25,600
$32,600

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