123 MainFairmount, IN 46928

  • Retail properties
  • 9,124 SF
Off market
$92,928 Estimated

Property Details for 123 Main

Year built
1889
Construction
WOOD
Lot size
0.14 AC
Property size (Sq ft)
9,124 SF
Property type
Retail properties
Property subtype
Retail space
APN
27-10-29-302-045.000-004
APU
271029302045000004

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,994,686
    6.5%
    $1,841,248
    7%
    $1,709,730
  • Comparable approach

    Method
    Valuation
    Method 1
    $2,220,840
    Method 2
    $2,855,436
  • Alternative Use

    Use
    Valuation
    Residential
    $1,553,162
    Hospitality
    $1,422,688
    Educational
    $1,183,660
    Medical
    $1,224,367
    Retail
    $1,841,248
123 Main, Fairmount, Indiana

Location Insight

City
Fairmount
County
Grant
State
Indiana
Latitude
40.4149
Longitude
-85.6503
CBSA code
31980
CBSA name
MARION, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $67,400
  • Assessed land value
    $9,400
  • Assessed value
    $76,800
  • Tax year
    2023
  • Tax bill
    $2,304

FAQs

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