505 HomerSalem, IN 47167

  • Healthcare properties
  • 2,400 SF
Off market
$237,281 Estimated

Property Details for 505 Homer

Year built
1991
Construction
WOOD
Lot size
1.00 AC
Property size (Sq ft)
2,400 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
88-24-17-222-003.000-022
APU
882417222003000022
505 Homer, Salem, Indiana

PT Realty Valuation

  • Cap approach

    6%
    $296,051
    6.5%
    $273,278
    7%
    $253,758
  • Alternative use approach

    Residential
    $338,864
    Hospitality
    $310,398
    Educational
    $258,247
    Medical
    $267,129
    Retail
    $401,718
  • Comp approach

    Method 1
    $206,592
    Method 2
    $206,592

Location Insight

City
Salem
County
Washington
State
Indiana
Latitude
38.6141
Longitude
-86.1066
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $176,100
  • Assessed land value
    $20,000
  • Assessed value
    $196,100
  • Tax year
    2023

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