87 FranklinSpencer, IN 47460

Property Details for 87 Franklin

Year built

1900

Construction

WOOD

Lot size

0.18 AC

Property size (Sq ft)

13,020 SF

Property type

Retail properties

Property subtype

Retail space

APN

60-10-20-400-400.574-028

APU

601020400400574028

• CAP approach

  CAP return

  Valuation

  6%

  $2,360,932

  6.5%

  $2,179,322

  7%

  $2,023,656

• Comparable approach

  Method

  Valuation

  Method 1

  $2,824,319

  Method 2

  $2,824,319

• Alternative Use

  Use

  Valuation

  Residential

  $1,838,339

  Hospitality

  $1,683,909

  Educational

  $1,400,992

  Medical

  $1,449,175

  Retail

  $2,179,322

Location Insight

City

Spencer

County

Owen

State

Indiana

Latitude

39.2864

Longitude

-86.7616

CBSA code

14020

CBSA name

BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $108,000
• Assessed land value
  $13,900
• Assessed value
  $121,900
• Tax year
  2023

FAQs

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