Former Chase Bank - Madison

Office for Sale
Catylist Listing ID: 30745814
Property Subtypes: Executive Suites, Institutional, Medical, Office Building, Other
Building Size (RSF): 2,344 SF
Gross Land Area: 0.70 Acres
Sale Price: $274,900
Unit Price: $117.28 PSF
Property Use Type: Investment
Building Name: Chase Bank Madison Street
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/8/2021

Overview / Comments

Current Lease on the Property thru 3/31/2023

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $13,797 (Annual)
Tax Value Land $184,100
Tax Value Improvements $275,800
Assessed Value - Total($) $459,900 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $13,250 (Annual)
Tax Value Land $184,100
Tax Value Improvements $257,600
Assessed Value - Total($) $441,700 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $14,004 (Annual)
Tax Value Land $175,100
Tax Value Improvements $291,700
Assessed Value - Total($) $466,800 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $14,003 (Annual)
Tax Value Land $175,100
Tax Value Improvements $291,700
Assessed Value - Total($) $466,800 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $16,026 (Annual)
Tax Value Land $175,000
Tax Value Improvements $359,200
Assessed Value - Total($) $534,200 (Annual)

Additional Details

Nearest MSA: Muncie
County: Delaware
Taxing Authority: Delaware County
Tax ID/APN: 18-11-27-102-014.000-003
Zoning: BV - VARIETY BUSINESS
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1988
Construction/Siding: Brick
Legal Description: CARMICHAEL ADD NORTH PART 0.0000Acres STR: 272010 IN: OUT: 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,521 47,928 83,991
Median Age: 38.98 35.41 35.65
Households: 2,799 18,582 33,216

Contact

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