2253 3rdMerom, IN 47861

Property Details for 2253 3rd

Year built

1960

Construction

WOOD

Lot size

0.85 AC

Property size (Sq ft)

5,446 SF

Property type

Office properties

Property subtype

Other office properties

APN

77-11-18-224-008.000-008

APU

771118224008000008

PT Realty Valuation

• Cap approach

  6%

  $886,660

  6.5%

  $818,455

  7%

  $759,994

• Alternative use approach

  Residential

  $1,014,884

  Hospitality

  $929,628

  Educational

  $773,440

  Medical

  $800,040

  Retail

  $1,203,129

• Comp approach

  Method 1

  $468,792

  Method 2

  $468,792

Location Insight

City

Merom

County

Sullivan

State

Indiana

Latitude

39.0529

Longitude

-87.5669

CBSA code

45460

CBSA name

TERRE HAUTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $105,200
• Assessed land value
  $8,600
• Assessed value
  $113,800
• Tax year
  2022
• Tax bill
  $3,519

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