3637 38thIndianapolis, IN 46218

  • Retail properties
  • 1,798 SF
For Sale
$450,000 View listing

Property Details for 3637 38th

Year built
1965
Construction
WOOD
Lot size
0.52 AC
Property size (Sq ft)
1,798 SF
Zone code
ZO01
Property type
Retail properties
Property subtype
Retail space
APN
49-07-20-109-178.000-101
APU
490720109178000101

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $343,901
    6.5%
    $317,447
    7%
    $294,772
  • Comparable approach

    Method
    Valuation
    Method 1
    $427,704
    Method 2
    $427,704
  • Alternative Use

    Use
    Valuation
    Residential
    $267,778
    Hospitality
    $245,284
    Educational
    $204,073
    Medical
    $211,091
    Retail
    $317,447
3637 38th, Indianapolis, Indiana

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.825
Longitude
-86.1047
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $42,200
  • Assessed land value
    $25,900
  • Assessed value
    $68,100
  • Tax year
    2023
  • Tax bill
    $1,889

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