120 MarionMorgantown, IN 46160

Property Details for 120 Marion

Year built

1990

Construction

WOOD

Lot size

0.19 AC

Property size (Sq ft)

3,400 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

55-14-24-385-005.000-013

APU

551424385005000013

PT Realty Valuation

• Cap approach

  6%

  $616,526

  6.5%

  $569,101

  7%

  $528,451

• Alternative use approach

  Residential

  $480,058

  Hospitality

  $439,730

  Educational

  $365,851

  Medical

  $378,433

  Retail

  $569,101

• Comp approach

  Method 1

  $737,533

  Method 2

  $737,533

Location Insight

City

Morgantown

County

Morgan

State

Indiana

Latitude

39.3724

Longitude

-86.2636

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $22,600
• Assessed land value
  $31,400
• Assessed value
  $54,000
• Tax year
  2023
• Tax bill
  $815

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