5201 WalnutMuncie, IN 47303

Property Details for 5201 Walnut

Year built

1968

Construction

WOOD

Lot size

9.31 AC

Property size (Sq ft)

8,734 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

18-07-28-400-003.000-006

APU

180728400003000006

PT Realty Valuation

• Cap approach

  6%

  $2,014,811

  6.5%

  $1,859,825

  7%

  $1,726,981

• Alternative use approach

  Residential

  $1,568,832

  Hospitality

  $1,437,042

  Educational

  $1,195,602

  Medical

  $1,236,720

  Retail

  $1,859,825

• Comp approach

  Method 1

  $1,923,910

  Method 2

  $2,733,382

Location Insight

City

Muncie

County

Delaware

State

Indiana

Latitude

40.2387

Longitude

-85.3875

CBSA code

34620

CBSA name

MUNCIE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $1,668,100
• Assessed land value
  $219,000
• Assessed value
  $1,887,100
• Tax year
  2023
• Tax bill
  $865

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