3721Indianapolis, IN 46227

  • Retail properties
  • 5,673 SF
Off market
$275,154 Estimated

Property Details for 3721

Year built
1959
Construction
WOOD
Lot size
1.07 AC
Property size (Sq ft)
5,673 SF
Property type
Retail properties
Property subtype
Banks
APN
49-11-25-109-011.000-570
APU
491125109011000570

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,082,387
    6.5%
    $999,126
    7%
    $927,760
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,343,487
    Geo Method
    $1,343,487
  • Alternative Use

    Use
    Valuation
    Residential
    $842,800
    Hospitality
    $772,001
    Educational
    $642,296
    Medical
    $664,385
    Retail
    $999,126
3721, Indianapolis, Indiana

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.7119
Longitude
-86.1485
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $163,700
  • Assessed land value
    $63,700
  • Assessed value
    $227,400
  • Tax year
    2023
  • Tax bill
    $6,354

FAQs

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