2450 TibbsIndianapolis, IN 46241

Property Details for 2450 Tibbs

Year built

1995

Construction

METAL FRAME

Lot size

7.48 AC

Property size (Sq ft)

4,000 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

49-11-20-112-020.000-970

APU

491120112020000970

• CAP approach

  CAP return

  Valuation

  6%

  $762,459

  6.5%

  $703,809

  7%

  $653,536

• Comparable approach

  Method

  Valuation

  Method 1

  $945,670

  Method 2

  $945,670

• Alternative Use

  Use

  Valuation

  Residential

  $593,689

  Hospitality

  $543,816

  Educational

  $452,448

  Medical

  $468,009

  Retail

  $703,809

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.7307

Longitude

-86.2194

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $209,800
• Assessed land value
  $714,000
• Assessed value
  $923,800
• Tax year
  2023
• Tax bill
  $30,945

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