1111 2ndMarion, IN 46952

  • Office properties
  • 17,890 SF
Off market
$329,700 Estimated

Property Details for 1111 2nd

Year built
1960
Construction
WOOD
Lot size
0.15 AC
Property size (Sq ft)
17,890 SF
Property type
Office properties
Property subtype
Other office properties
APN
27-07-06-302-008.000-002
APU
270706302008000002

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,110,772
    6.5%
    $2,871,482
    7%
    $2,666,376
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,559,399
    Geo Method
    $2,221,759
  • Alternative Use

    Use
    Valuation
    Residential
    $3,560,637
    Hospitality
    $3,261,524
    Educational
    $2,713,550
    Medical
    $2,806,873
    Retail
    $4,221,078
1111 2nd, Marion, Indiana
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Location Insight

City
Marion
County
Grant
State
Indiana
Latitude
40.5595
Longitude
-85.672
CBSA code
31980
CBSA name
MARION, IN MICROPOLITAN 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
-
$9,400
$320,300
$329,700
-
$9,400
$320,300
$329,700

FAQs

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