840 MainWestfield, IN 46074

  • Retail properties
  • 7,627 SF
Off market
$389,862 Estimated

Property Details for 840 Main

Year built
1976
Construction
WOOD
Lot size
1.39 AC
Property size (Sq ft)
7,627 SF
Property type
Retail properties
Property subtype
Retail space
APN
29-06-31-000-017.000-015
APU
290631000017000015

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,396,388
    6.5%
    $1,288,973
    7%
    $1,196,904
  • Comparable approach

    Method
    Valuation
    Method 1
    $2,386,937
    Method 2
    $2,386,937
  • Alternative Use

    Use
    Valuation
    Residential
    $1,087,297
    Hospitality
    $995,958
    Educational
    $828,626
    Medical
    $857,123
    Retail
    $1,288,973
840 Main, Westfield, Indiana

Location Insight

City
Westfield
County
Hamilton
State
Indiana
Latitude
40.0438
Longitude
-86.1169
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $121,000
  • Assessed land value
    $201,200
  • Assessed value
    $322,200
  • Tax year
    2023
  • Tax bill
    $7,039

FAQs

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