2226 HermitageIndianapolis, IN 46224

Property Details for 2226 Hermitage

Year built

1972

Construction

WOOD

Lot size

0.67 AC

Property size (Sq ft)

2,740 SF

Property type

Hospitality properties

Property subtype

Hotels

APN

49-05-25-105-112.000-914

APU

490525105112000914

PT Realty Valuation

• Cap approach

  6%

  $403,700

  6.5%

  $372,646

  7%

  $346,028

• Alternative use approach

  Residential

  $406,821

  Hospitality

  $372,646

  Educational

  $310,037

  Medical

  $320,700

  Retail

  $482,280

• Comp approach

  Method 1

  $604,469

  Method 2

  $604,469

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.7989

Longitude

-86.2593

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $121,200
• Assessed land value
  $31,300
• Assessed value
  $152,500
• Tax year
  2023
• Tax bill
  $3,844

FAQs

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