1980 116thCarmel, IN 46032

  • Office properties
  • 9,422 SF
Off market
$861,641 Estimated

Property Details for 1980 116th

Year built
1987
Construction
WOOD
Lot size
1.11 AC
Property size (Sq ft)
9,422 SF
Property type
Office properties
Property subtype
Other office properties
APN
29-10-31-000-014.002-018
APU
291031000014002018

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,337,044
    6.5%
    $1,234,194
    7%
    $1,146,038
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,170,118
    Geo Method
    $1,170,118
  • Alternative Use

    Use
    Valuation
    Residential
    $1,530,401
    Hospitality
    $1,401,839
    Educational
    $1,166,314
    Medical
    $1,206,425
    Retail
    $1,814,266
1980 116th, Carmel, Indiana

Location Insight

City
Carmel
County
Hamilton
State
Indiana
Latitude
39.9571
Longitude
-86.1199
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $351,300
  • Assessed land value
    $360,800
  • Assessed value
    $712,100
  • Tax year
    2023
  • Tax bill
    $14,362

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