224 JeffersonSouth Bend, IN 46601

  • Office properties
  • 50,532 SF
Off market
$1,156,155 Estimated

Property Details for 224 Jefferson

Year built
1930
Construction
TYPE NOT SPECIFIED
Lot size
0.19 AC
Property size (Sq ft)
50,532 SF
Property type
Office properties
Property subtype
Other office properties
APN
71-08-12-156-001.000-026
APU
710812156001000026

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,686,815
    6.5%
    $7,095,522
    7%
    $6,588,698
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,581,793
    Geo Method
    $6,581,793
  • Alternative Use

    Use
    Valuation
    Residential
    $8,798,447
    Hospitality
    $8,059,330
    Educational
    $6,705,268
    Medical
    $6,935,872
    Retail
    $10,430,417
224 Jefferson, South Bend, Indiana

Location Insight

City
South Bend
County
St. Joseph
State
Indiana
Latitude
41.6748
Longitude
-86.2533
CBSA code
43780
CBSA name
SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $914,000
  • Assessed land value
    $41,500
  • Assessed value
    $955,500
  • Tax year
    2023
  • Tax bill
    $32,334

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