238 MainCambridge City, IN 47327

  • Office properties
  • 8,138 SF
Off market
$271,161 Estimated

Property Details for 238 Main

Year built
1920
Construction
WOOD
Lot size
0.28 AC
Property size (Sq ft)
8,138 SF
Zone code
ZO01
Property type
Office properties
Property subtype
Other office properties
APN
89-08-27-230-202.000-016
APU
890827230202000016

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,016,189
    6.5%
    $938,020
    7%
    $871,019
  • Comparable approach

    Method
    Valuation
    Method 1
    $1,010,658
    Method 2
    $1,010,658
  • Alternative Use

    Use
    Valuation
    Residential
    $1,163,145
    Hospitality
    $1,065,435
    Educational
    $886,429
    Medical
    $916,915
    Retail
    $1,378,890
238 Main, Cambridge City, Indiana

Location Insight

City
Cambridge City
County
Wayne
State
Indiana
Latitude
39.8121
Longitude
-85.1748
CBSA code
39980
CBSA name
RICHMOND, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $202,100
  • Assessed land value
    $22,000
  • Assessed value
    $224,100
  • Tax year
    2022

FAQs

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