252 MadisonNappanee, IN 46550

Property Details for 252 Madison

Year built

1939

Construction

WOOD

Lot size

0.13 AC

Property size (Sq ft)

3,232 SF

Zone code

ZO01

Property type

Retail properties

Property subtype

Retail space

APN

20-14-31-305-004.000-029

APU

201431305004000029

PT Realty Valuation

• Cap approach

  6%

  $893,580

  6.5%

  $824,843

  7%

  $765,926

• Alternative use approach

  Residential

  $695,786

  Hospitality

  $637,336

  Educational

  $530,256

  Medical

  $548,493

  Retail

  $824,843

• Comp approach

  Method 1

  $1,060,839

  Method 2

  $1,060,839

Location Insight

City

Nappanee

County

Elkhart

State

Indiana

Latitude

41.4413

Longitude

-85.9991

CBSA code

21140

CBSA name

ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $64,000
• Assessed land value
  $16,800
• Assessed value
  $80,800
• Tax year
  2023
• Tax bill
  $3,581

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