500 MichiganBurlington, IN 46915

Property Details for 500 Michigan

Year built

1941

Construction

WOOD

Lot size

0.05 AC

Property size (Sq ft)

5,400 SF

Property type

Office properties

Property subtype

Other office properties

APN

08-09-34-004-093.000-003

APU

80934004093000003

PT Realty Valuation

• Cap approach

  6%

  $1,735,406

  6.5%

  $1,601,913

  7%

  $1,487,491

• Alternative use approach

  Residential

  $1,986,372

  Hospitality

  $1,819,506

  Educational

  $1,513,808

  Medical

  $1,565,870

  Retail

  $2,354,812

• Comp approach

  Method 1

  $703,350

  Method 2

  $703,350

Location Insight

City

Burlington

County

Carroll

State

Indiana

Latitude

40.4816

Longitude

-86.3947

CBSA code

29200

CBSA name

LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $42,200
• Assessed land value
  $6,100
• Assessed value
  $48,300
• Tax year
  2022

FAQs

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