Parcel 28400.03080.08000

Owners

GROVE APARTMENTS LP
DBA GROVE APARTMENTS LP

500 E 96TH STE 300
INDIANAPOLIS, IN 46240-3778

Agent

00521 POPP HUTCHESON PLLC

Parcel Summary

Location 401 LASSETER AVE
ODESSA
Use Code B1: Apartments
Tax District 007: COU ODE ECISD ECHD OC
Map Parcel 01
Acreage 2.0700
Block 46
Last Sale Date 12/29/2014
Last Sale Instrument 2014-00019701
Subdivision SCHARBAUER PLACE [28400]
PROTEST DEADLINE: 05/15/2025

File Protest for this Parcel

Preliminary Values

DIRECT_CAP 2025
Total Building Value$4,209,121
Total Land Value$95,579
Total Property Value$4,304,700
Special Use Appraisal$0
Cap Loss$1,406,147
Net Assessed Value$2,898,553

Value History

202420232022202120202019
Total Building Value$2,319,882$2,029,421$1,780,133$2,651,494$2,674,370$2,654,643
Total Land Value$95,579$95,579$122,630$122,630$122,630$122,630
Total Property Value$2,415,461$2,125,000$1,902,763$2,774,124$2,797,000$2,777,273
Special Use Appraisal$0$0$0$0$0$0
Cap Loss$0$0$0$0$0$0
Net Assessed Value$2,415,461$2,125,000$1,902,763$2,774,124$2,797,000$2,777,273

*Please contact your Appraisal District for more information on the valuation method used to arrive at your appraised value.

Buildings

Building # 1, Section # 1, REAL ESTATE - MAIN, CONCRETE FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
A63MM0490450$12,391,65020152015100.00%5.00%95.00%$11,772,068

Structural Elements

TypeDescriptionCodeDetails
EWExterior WallsFRWOOD/METAL/BLOCK FRAME
FNFoundationSLCONCRETE SLAB
RCRoofingCSCOMP SHINGLES
IFFlooringSTDCARPET/TILE/WOOD/CONCRETE STAIN
FGHVACHVACCENTRAL AIR AND HEAT IN THE MAIN IMPROVEMENT
Subareas
TypeGross AreaPercent of BaseAdjusted Area
RE_ADDL15,075100%15,075
RE_ADDL15,075100%15,075
RE_ADDL15,075100%15,075
RE_ADDL15,075100%15,075
RE_ADDL15,075100%15,075
RE_MAIN15,075100%15,075

Building # 1, Section # 2, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 3, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 4, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 5, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 6, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 7, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 8, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 9, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 10, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 11, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 12, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 13, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 14, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 15, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 16, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 17, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 18, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Building # 1, Section # 19, FR1V - COVER, FRAME

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
FR1VM02162$70020162016100.00%5.00%95.00%$665

Structural Elements

TypeDescriptionCodeDetails
EWExterior Walls UNASSIGNED
Subareas
TypeGross AreaPercent of BaseAdjusted Area
FR1V162100%162

Extra Features

*RCNLD: Replacement Cost New, Less Depreciation

CodeDescriptionLengthWidthUnitsUnit PriceAYBRepl Cost% Good ConditionDpr Value*Final Value
SW7SWIMMING POOL1.00$25,0002015$25,000100%$25,000$25,000

Land Lines

CodeDescriptionZoneFrontDepthUnitsUnit TypeRateAcreageTotal AdjValue
COMMCOMMERCIALEB6.00.0090,169.20SF$1.062.071.00$95,579

Personal Property

None

Notice of Value

2023
2024
2025

Jurisdiction Values & Tax Rates

Jurisdiction202420232022202120202019
CITY OF ODESSA$2,415,461
.004663
$11,262.69
0.00%
$2,125,000
.004838
$10,280.56
0.00%
$1,902,763
.004838
$9,205.40
0.00%
$2,774,124
.004771
$13,235.76
0.00%
$2,797,000
.004771
$13,344.91
0.00%
$2,777,273
.004766
$13,236.51
0.00%
ECTOR COUNTY$2,415,461
.003500
$8,454.11
0.00%
$2,125,000
.003500
$7,437.50
0.00%
$1,902,763
.003500
$6,659.67
0.00%
$2,774,124
.003650
$10,125.55
0.00%
$2,797,000
.003650
$10,209.05
0.00%
$2,777,273
.003650
$10,137.05
0.00%
ECTOR COUNTY I S D$2,415,461
.010140
$24,492.77
0.00%
$2,125,000
.010140
$21,547.50
0.00%
$1,902,763
.011779
$22,413.03
0.00%
$2,774,124
.011779
$32,676.96
0.00%
$2,797,000
.011779
$32,946.42
0.00%
$2,777,273
.011779
$32,714.05
0.00%
ECTOR CO HOSPITAL DIST$2,415,461
.001004
$2,424.47
0.00%
$2,125,000
.000887
$1,885.49
0.00%
$1,902,763
.001099
$2,091.92
0.00%
$2,774,124
.001500
$4,161.19
0.00%
$2,797,000
.001500
$4,195.50
0.00%
$2,777,273
.001127
$3,130.54
0.00%
ODESSA COLLEGE$2,415,461
.001769
$4,272.64
0.00%
$2,125,000
.001717
$3,647.90
0.00%
$1,902,763
.001886
$3,589.43
0.00%
$2,774,124
.002017
$5,596.05
0.00%
$2,797,000
.001890
$5,285.35
0.00%
$2,777,273
.001868
$5,187.67
0.00%
TOTAL CALCULATED TAX AMOUNT$50,906.68$44,798.95$43,959.45$65,795.51$65,981.23$64,405.82

Tax Collection for this Parcel

Disclaimer

The preliminary values listed above are a work in progress and are not certified as official.