3606 NappaneeElkhart, IN 46517

  • Other commercial real estate
  • 10,792 SF
Off market
$1,329,185 Estimated

Property Details for 3606 Nappanee

Year built
1998
Construction
WOOD
Lot size
2.62 AC
Property size (Sq ft)
10,792 SF
Zone code
ZO01
Property type
Other commercial real estate
Property subtype
Showrooms
APN
20-06-19-151-003.000-011
APU
200619151003000011

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,983,762
    6.5%
    $2,754,242
    7%
    $2,557,510
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,542,258
    Geo Method
    $3,542,258
  • Alternative Use

    Use
    Valuation
    Residential
    $2,323,306
    Hospitality
    $2,128,136
    Educational
    $1,770,584
    Medical
    $1,831,477
    Retail
    $2,754,242
3606 Nappanee, Elkhart, Indiana

Location Insight

City
Elkhart
County
Elkhart
State
Indiana
Latitude
41.6479
Longitude
-86.0021
CBSA code
21140
CBSA name
ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $914,900
  • Assessed land value
    $183,600
  • Assessed value
    $1,098,500
  • Tax year
    2023
  • Tax bill
    $52,218

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