4801 16thSpeedway, IN 46224

Property Details for 4801 16th

Year built

2019

Construction

CONCRETE

Lot size

0.96 AC

Property size (Sq ft)

34,870 SF

Zone code

ZO01

Property type

Hospitality properties

Property subtype

Hotels

APN

49-06-31-129-011.000-914

APU

490631129011000914

PT Realty Valuation

• Cap approach

  6%

  $5,138,306

  6.5%

  $4,743,052

  7%

  $4,404,262

• Alternative use approach

  Residential

  $5,178,034

  Hospitality

  $4,743,052

  Educational

  $3,946,164

  Medical

  $4,081,878

  Retail

  $6,138,476

• Comp approach

  Method 1

  $7,694,544

  Method 2

  $7,694,544

Location Insight

City

Speedway

County

Marion

State

Indiana

Latitude

39.7874

Longitude

-86.2403

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $1,163,800
• Assessed land value
  $226,600
• Assessed value
  $1,390,400
• Tax year
  2023
• Tax bill
  $40,205

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