1500 Blk W NeelyMuncie, IN 47303

  • Healthcare properties
  • 15,620 SF
Off market
$3,583,173 Estimated

Property Details for 1500 Blk W Neely

Year built
1962
Construction
TYPE NOT SPECIFIED
Lot size
20.00 AC
Property size (Sq ft)
15,620 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
18-11-09-101-001.000-003
APU
181109101001000003

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,164,774
    6.5%
    $1,998,253
    7%
    $1,855,520
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,799,630
    Geo Method
    $1,939,848
  • Alternative Use

    Use
    Valuation
    Residential
    $2,477,833
    Hospitality
    $2,269,682
    Educational
    $1,888,349
    Medical
    $1,953,292
    Retail
    $2,937,431
1500 Blk W Neely, Muncie, Indiana

Location Insight

City
Muncie
County
Delaware
State
Indiana
Latitude
40.2058
Longitude
-85.4046
CBSA code
34620
CBSA name
MUNCIE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $870,400
  • Assessed land value
    $2,090,900
  • Assessed value
    $2,961,300
  • Tax year
    2023
  • Tax bill
    $14,384

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