131 500thDecatur, IN 46733

Property Details for 131 500th

Year built

1999

Construction

WOOD

Lot size

6.24 AC

Property size (Sq ft)

2,314 SF

Property type

Hospitality properties

Property subtype

Hotels

APN

01-05-04-400-022.000-022

APU

10504400022000022

PT Realty Valuation

• Cap approach

  6%

  $468,587

  6.5%

  $432,541

  7%

  $401,646

• Alternative use approach

  Residential

  $472,210

  Hospitality

  $432,541

  Educational

  $359,869

  Medical

  $372,246

  Retail

  $559,797

• Comp approach

  Method 1

  $232,222

  Method 2

  $107,072

Location Insight

City

Decatur

County

Adams

State

Indiana

Latitude

40.8179

Longitude

-84.9403

CBSA code

19540

CBSA name

DECATUR, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $866,700
• Assessed land value
  $134,300
• Assessed value
  $1,001,000
• Tax year
  2023
• Tax bill
  $20,040

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