Page 193 - Michigan City, IN US Highway 421 Corridor Plan
P. 193

(FID)                                                                                                                    Environmental
           ID # on Parcel   No. of       Improvement                                      ZONE                                Undeveloped   and Land Use  Environmental and Land Use   Assessed Value    Improvement Value   Land Value as % of   Land Value Minus
           Inventory Map  parcels parcel_num  Type  Year Built  Condition ACREAGE   Parcel SF   Land Use  (new)  Parcel Description  Owner  Vacancy  Parcels  Constraints  Constraints Description  per SF      2014_Land      2014_Impro      2014_Total   to Assessed Value   Total Value  Improvement Value
                                                                                                Clarion Inn and
              114     53  46‐05‐09‐300‐013.000‐009              0.50              21,562.2  Commercial  B2  restaurant                                              $                 6.72  $          144,800  $                        ‐     $            144,800   0.0  100%  $                      144,800
                                                                                                Laporte Community
              116     54  46‐05‐08‐451‐011.000‐009  BANK      2005  AV  1.02              44,431.2  Commercial  R3A  Federal Credit Union                           $                 8.60  $            81,400  $            300,700  $            382,100   0.8  21%  $                    (219,300)
                                                                                                Medical Clinic or
              117     55  46‐05‐08‐476‐015.000‐009  GENOFF    1999  AV  1.50              65,252.9  Office  B2  Offices                                             $                 4.93  $            70,800  $            251,100  $            321,900   0.8  22%  $                    (180,300)
              118     56  46‐05‐08‐477‐006.000‐009  HOUNIT    1985  AV  1.08              47,044.8  Commercial  B2  Super 8 Motel                                   $               13.07  $          270,000  $            345,100  $            615,100   0.6  44%  $                      (75,100)
                                                                                                Woodlands and   Walmart Real Estate
              119     57  46‐05‐09‐300‐025.000‐009              2.25              97,879.3  Open Space  B2  wetland  Trust  vacant        2.25  No Impact.          $                 0.40  $            39,300  $                        ‐     $               39,300   0.0  100%  $                        39,300
                                                                                                Clarion Inn and
              120     58  46‐05‐09‐300‐005.000‐009  HOUNIT    1972  F   4.95           215,622.0  Commercial  B2  restaurant                                        $               13.96  $          928,100  $         2,081,900  $         3,010,000   0.7  31%  $                 (1,153,800)
                                                                                                Texas Corral
              121     59  46‐05‐08‐477‐031.000‐009  GENRET    1978  AV  1.03              44,953.9  Commercial  B2  restaurant                                      $               10.88  $          258,000  $            230,900  $            488,900   0.5  53%  $                        27,100
              122     60  46‐05‐08‐477‐013.000‐009  HOUNIT    1973  AV  2.26              98,445.6  Commercial  B2  Red Roof Inn                                    $                 7.93  $          395,500  $            385,000  $            780,500   0.5  51%  $                        10,500
              124     61  46‐05‐09‐300‐030.000‐009              0.59              25,613.3  Commercial  B2  Parking lot  vacant?  0.59                              $                 3.96  $            88,200  $               13,300  $            101,500   0.1  87%  $                        74,900
                                                                                                Woodlands and   Walmart Real Estate
              125     62  46‐05‐09‐300‐041.000‐009              2.26              98,402.0  Open Space  B2  wetland  Trust  vacant        2.26  Surface water totaling 0.11 acreas.   $                 0.40  $            39,500  $                        ‐     $               39,500   0.0  100%  $                        39,500
              126     63  46‐05‐09‐300‐004.000‐009  FASTFOOD  2000  AV  0.92              39,988.1  Commercial  B2  McDonald's                                      $               19.31  $          361,500  $            410,800  $            772,300   0.5  47%  $                      (49,300)
              127     64  46‐05‐09‐400‐007.000‐046              8.34           363,290.4  Agriculture  B2  farm and woodland  vacant  8.34                          $                 0.04  $            13,800  $                        ‐     $               13,800   0.0  100%  $                        13,800
                                                                                                Steak and Shake
              129     65  46‐05‐08‐477‐029.000‐009  FASTFOOD  1994  AV  2.53           110,206.8  Commercial  B2  restaurant                                        $                 6.55  $          482,500  $            239,100  $            721,600   0.3  67%  $                      243,400
              130     66  46‐05‐08‐477‐027.000‐009  HOUNIT    1986  F   3.42           149,149.4  Commercial  B2  Knight's Inn                                      $                 9.33  $          599,200  $            791,700  $         1,390,900   0.6  43%  $                    (192,500)
                                           HEALTH                                               Northwest Athletic
              131     67  46‐05‐08‐477‐024.000‐009  ULTSTOR   1976  AV, F  7.36           320,601.6  Commercial  B2  Club                                           $                 2.19  $          151,600  $            549,400  $            701,000   0.8  22%  $                    (397,800)
                                                                                                Rowley Bushue
              132     68  46‐05‐08‐477‐028.000‐009  GENOFF    1997  AV  4.74           206,648.6  Office  B2  accounting offices                                    $                 2.96  $          191,000  $            420,600  $            611,600   0.7  31%  $                    (229,600)
                                                                                                Southwind Immanuel
              133     69  46‐05‐08‐451‐010.000‐009  THEATRE   1972  AV  2.89           125,888.4  Institutional / Civic  R3A  Church                                $                 3.57  $          149,300  $            300,200  $            449,500   0.7  33%  $                    (150,900)
                                                                                                            Walmart Real Estate
              134     70  46‐05‐09‐300‐022.000‐009              4.07           177,419.9  Commercial  B2  Walmart Parking lot  Trust  vacant?  4.07                 $                 4.02  $          712,800  $                        ‐     $            712,800   0.0  100%  $                      712,800
                                                                                                            Walmart Real Estate
              135     71  46‐05‐09‐300‐021.000‐009              5.82           253,519.2  Commercial  B2  Walmart Parking lot  Trust  vacant?  5.82                 $                 4.02  $       1,018,500  $                        ‐     $         1,018,500   0.0  100%  $                  1,018,500
              136     72  46‐05‐09‐300‐011.000‐009  DINING    1991  G   0.91              39,639.6  Commercial  B2  Denny's restaurant                              $               23.66  $          238,900  $            699,000  $            937,900   0.7  25%  $                    (460,100)
                                                                                                Denny's parking and
              137     73  46‐05‐09‐300‐015.000‐009              0.46              19,994.0  Commercial  B2  woodlands   vacant?                                     $                 9.47  $          189,300  $                        ‐     $            189,300   0.0  100%  $                      189,300
              138     74  46‐05‐08‐476‐014.000‐009              0.79              34,368.8  Open Space  R3A             vacant  0.79                                $                 0.37  $            12,600  $                        ‐     $               12,600   0.0  100%  $                        12,600
              139     75  46‐05‐08‐476‐012.000‐009              7.18           312,543.0  Open Space  R3A               vacant  7.18                                $                 0.37  $          114,800  $                        ‐     $            114,800   0.0  100%  $                      114,800
                                                                                                                                                Palustrine System, Minor forrested
                                                                                                                                                broad leaved deciduous and
                                                                                                                                                temporary flooded wetland area
              140     76  46‐05‐09‐400‐003.000‐046              6.51           283,575.6  Agriculture  B2  farmland     vacant            6.51  totals 2.02 Acres.   $                 0.04  $            11,900  $                        ‐     $               11,900   0.0  100%  $                        11,900
              142     77  46‐05‐08‐476‐010.000‐009  FASTFOOD  2013  AV  2.26              98,445.6  Commercial  B2  Panera Bread                                    $               13.73  $          412,500  $            938,900  $         1,351,400   0.7  31%  $                    (526,400)
                                                                                                Frech USA Inc.
              143     78  46‐05‐08‐451‐008.000‐009  LMFG      1999  AV  14.21           619,031.2  Light Industrial  M2  manufacturing                              $                 2.45  $          275,400  $         1,242,500  $         1,517,900   0.8  18%  $                    (967,100)
                                                                                                                                                Palustrine system, with both scrub‐
                                                                                                                                                shrub and emergent vegetations,
                                                                                                                                                0.84 acres of seasonally flooded
                                                                                                                                                wetland primaraly encompassed by
              144     79  46‐05‐09‐300‐012.000‐009              1.72              75,010.3  Open Space  B2              vacant            1.72  broad leaved deciduous trees.      $                 0.46  $            34,400  $                        ‐     $               34,400   0.0  100%  $                        34,400
              146     80  46‐05‐08‐476‐008.000‐009  UTLSTOR   1990  AV  2.26              98,576.3  Commercial  B2  Cool Springs Car Wash                           $                 5.42  $          415,800  $            118,000  $            533,800   0.2  78%  $                      297,800
              148     81  46‐05‐09‐300‐036.000‐009  SUPRMRKT  1996  AV  0.83              35,980.6  Commercial  B2  GFS Marketplace                                 $               29.37  $          229,300  $            827,300  $         1,056,600   0.8  22%  $                    (598,000)
              149     82  46‐05‐08‐429‐009.000‐009  DINING    2003  AV  1.95              84,854.9  Commercial  B2  Ryan's restaurant                               $               18.95  $          487,100  $         1,121,200  $         1,608,300   0.7  30%  $                    (634,100)
                                                                                                Jimmy John's and
              150     83  46‐05‐09‐300‐035.000‐009  NBHSHOP   2005  AV  0.71              30,927.6   Commercial  B2  Sprint wireless                                $               21.95  $          218,300  $            460,600  $            678,900   0.7  32%  $                    (242,300)
              151     84  46‐05‐08‐451‐001.000‐009  APART     1970  F   14.73           641,421.0  MF Residential  R3A  apartments                                  $                 4.90  $          441,800  $         2,700,200  $         3,142,000   0.9  14%  $                 (2,258,400)
                                           APART
              153     85  46‐05‐08‐476‐005.000‐009  HOSERV  1974  AV  11.57           504,207.0  MF Residential  R3A  apartments                                    $                 3.99  $          257,200  $         1,753,400  $         2,010,600   0.9  13%  $                 (1,496,200)
              154     86  46‐05‐09‐300‐034.000‐009              0.70              30,492.0  Commercial  B2  Chili's parking lot                                     $                 7.45  $          217,000  $               10,200  $            227,200   0.0  96%  $                      206,800
              155     87  46‐05‐09‐300‐033.000‐009  DINING    1996  AV  0.74              32,016.6  Commercial  B2  Chili's                                         $               19.38  $          222,200  $            398,400  $            620,600   0.6  36%  $                    (176,200)
                                                                                                Sophia's House of
              156     88  46‐05‐09‐300‐032.000‐009              0.68              29,707.9  Commercial  B2  Pancakes parking                                        $                 7.61  $          214,800  $               11,200  $            226,000   0.0  95%  $                      203,600
                                                                                                sophia's house of
              157     89  46‐05‐09‐300‐031.000‐009  DINING    2003  AV  0.72              31,450.3  Commercial  B2  pancakes                                        $               21.66  $          220,200  $            461,100  $            681,300   0.7  32%  $                    (240,900)
                                                                                                Vacant retail (former
              160     90  46‐05‐08‐429‐008.000‐009  GENRET    1998  AV  1.94              84,550.0  Commercial  B2  office max)                                     $               18.12  $          344,100  $         1,187,800  $         1,531,900   0.8  22%  $                    (843,700)

                                                                                                                                                Palustrine System, forrested  bloard
                                                                                                                                                leaved deciduous totals 22.65 arces
                                                                                                                                                with temporary flooded wetland
                                                                                                                                                emcompassing the entire parcel
                                                                                                                                                throughout. Natural watershed to
              161     91  46‐05‐09‐400‐006.000‐046              22.65           986,634.0  Open Space  B2  Classified forest  vacant     22.65  trail creek flows thru parcel.   $                 0.00  $                  100  $                        ‐     $                    100   0.0  100%  $                             100
              163     92  46‐05‐08‐428‐015.000‐009  FASTFOOD  2005  AV  1.21              52,489.8  Commercial  B2  IHOP restaurant                                 $               15.55  $          301,300  $            515,000  $            816,300   0.6  37%  $                    (213,700)
              165     93  46‐05‐08‐428‐017.000‐009  COMBLDG   2008  AV  0.82              35,545.0  Commercial  B2      vacant?  0.82                               $                 2.37  $            81,600  $                 2,800  $               84,400   0.0  97%  $                        78,800
                                                                                                                                                Palustrine System, with temporary
                                                                                                                                                flooded wetland area totaling 7.50
                                                                                                                                                Acres encompassed by forested
                                                                                                                                                broad leaved deciduous
              167     94  46‐05‐09‐400‐005.000‐046              7.50           326,700.0  Open Space  B2  Classified forest  vacant       7.50  environment.        $                 0.00  $                  100  $                        ‐     $                    100   0.0  100%  $                             100
           A . 4    Appendix A               Adopted: August
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