11050 State Rd 56French Lick, IN 47432

  • Retail properties
  • 11,266 SF
Off market
$2,137,949 Estimated

Property Details for 11050 State Rd 56

Year built
1946
Construction
WOOD
Lot size
129.27 AC
Property size (Sq ft)
11,266 SF
Property type
Retail properties
Property subtype
Retail space
APN
59-12-08-800-006.000-001
APU
591208800006000001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,697,592
    6.5%
    $2,490,085
    7%
    $2,312,222
  • Comparable approach

    Method
    Valuation
    Method 1
    $2,443,839
    Method 2
    $2,443,839
  • Alternative Use

    Use
    Valuation
    Residential
    $2,100,480
    Hospitality
    $1,924,028
    Educational
    $1,600,769
    Medical
    $1,655,822
    Retail
    $2,490,085
11050 State Rd 56, French Lick, Indiana

Location Insight

City
French Lick
County
Orange
State
Indiana
Latitude
38.5318
Longitude
-86.65

Property Tax & Assessments

  • Assessed Improved Value
    $1,551,500
  • Assessed land value
    $215,400
  • Assessed value
    $1,766,900
  • Tax year
    2023
  • Tax bill
    $26,694

FAQs

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