704 MainFairmount, IN 46928

  • Retail properties
  • 1,208 SF
Off market

Property Details for 704 Main

Year built
1950
Construction
WOOD
Lot size
0.12 AC
Property size (Sq ft)
1,208 SF
Property type
Retail properties
Property subtype
Retail space
APN
27-10-29-201-042.000-004
APU
271029201042000004

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $264,104
    6.5%
    $243,789
    7%
    $226,375
  • Comparable approach

    Method
    Valuation
    Method 1
    $293,983
    Method 2
    $378,054
  • Alternative Use

    Use
    Valuation
    Residential
    $205,645
    Hospitality
    $188,370
    Educational
    $156,721
    Medical
    $162,111
    Retail
    $243,789
704 Main, Fairmount, Indiana
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Location Insight

City
Fairmount
County
Grant
State
Indiana
Latitude
40.421
Longitude
-85.6485
CBSA code
31980
CBSA name
MARION, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $16,800
  • Assessed land value
    $6,500
  • Assessed value
    $23,300
  • Tax year
    2023
  • Tax bill
    $699

FAQs

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