1616 AElwood, IN 46036

Property Details for 1616 A

Year built

1938

Construction

WOOD

Lot size

0.20 AC

Property size (Sq ft)

8,409 SF

Property type

Retail properties

Property subtype

Auto shops

APN

48-04-15-202-062.000-027

APU

480415202062000027

PT Realty Valuation

• Cap approach

  6%

  $1,538,607

  6.5%

  $1,420,252

  7%

  $1,318,806

• Alternative use approach

  Residential

  $1,198,036

  Hospitality

  $1,097,395

  Educational

  $913,019

  Medical

  $944,420

  Retail

  $1,420,252

• Comp approach

  Method 1

  $2,631,670

  Method 2

  $2,631,670

Location Insight

City

Elwood

County

Madison

State

Indiana

Latitude

40.2763

Longitude

-85.8394

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $92,500
• Assessed land value
  $10,000
• Assessed value
  $102,500
• Tax year
  2023
• Tax bill
  $3,075

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