1601 MainNappanee, IN 46550

Property Details for 1601 Main

Year built

1966

Construction

WOOD

Lot size

1.35 AC

Property size (Sq ft)

8,886 SF

Zone code

ZO01

Property type

Office properties

Property subtype

Other office properties

APN

20-14-30-152-001.000-029

APU

201430152001000029

• CAP approach

  CAP return

  Valuation

  6%

  $1,671,288

  6.5%

  $1,542,727

  7%

  $1,432,532

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,157,402

  Geo Method

  $1,157,402

• Alternative Use

  Use

  Valuation

  Residential

  $1,912,982

  Hospitality

  $1,752,281

  Educational

  $1,457,877

  Medical

  $1,508,016

  Retail

  $2,267,809

Location Insight

City

Nappanee

County

Elkhart

State

Indiana

Latitude

41.4577

Longitude

-86.0009

CBSA code

21140

CBSA name

ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $273,600
• Assessed land value
  $33,700
• Assessed value
  $307,300
• Tax year
  2023

FAQs

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