2542 MichiganMadison, IN 47250

Property Details for 2542 Michigan

Year built

2022

Construction

TYPE NOT SPECIFIED

Lot size

13.26 AC

Property size (Sq ft)

32,600 SF

Property type

Retail properties

Property subtype

Retail space

APN

39-08-23-300-021.000-007

APU

390823300021000007

PT Realty Valuation

• Cap approach

  6%

  $7,994,418

  6.5%

  $7,379,463

  7%

  $6,852,358

• Alternative use approach

  Residential

  $6,224,854

  Hospitality

  $5,701,932

  Educational

  $4,743,940

  Medical

  $4,907,092

  Retail

  $7,379,463

• Comp approach

  Method 1

  $7,071,644

  Method 2

  $7,071,644

Location Insight

City

Madison

County

Jefferson

State

Indiana

Latitude

38.7746

Longitude

-85.3858

CBSA code

31500

CBSA name

MADISON, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $158,500
• Assessed land value
  $662,800
• Assessed value
  $821,300
• Tax year
  2023
• Tax bill
  $24,639

FAQs

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