385 SOUTHBRIDGE ST
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Location
385 SOUTHBRIDGE ST
Mblu
33/ 87/ / /
Acct#
0006652
Owner
MALL AT AUBURN LLC
PBN
Assessment
$27,956,300
Appraisal
$27,956,300
PID
6652
Building Count
4
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$15,926,800$12,029,500$27,956,300
Assessment
Valuation YearImprovementsLandTotal
2026$15,926,800$12,029,500$27,956,300

Owner of Record
OwnerMALL AT AUBURN LLC
Co-Owner
AddressP O BOX 6120
INDIANAPOLIS, IN 46206-6120
Sale Price$100
Certificate
Book & Page 46137/0103
Sale Date08/09/2010
Instrument1B

Building Information
Building 1 : Section 1
Year Built: 1971
Living Area: 225,814
Replacement Cost: $31,713,318
Building Percent Good: 10
Replacement Cost
Less Depreciation:
$3,171,300
Building Attributes
FieldDescription
Style:Shop Center RE
ModelCommercial
GradeAverage
Stories:1
Occupancy 
Exterior Wall 1Brick/Masonry
Exterior Wall 2Glass/Thermo.
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Quarry Tile
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseSHOPNGMALL MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3230
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height24.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 223,314 223,314
FUSUpper Story, Finished 2,500 2,500
   225,814 225,814
Building 2 : Section 1
Year Built: 1997
Living Area: 166,252
Replacement Cost: $18,151,603
Building Percent Good: 21
Replacement Cost
Less Depreciation:
$3,811,800
Building Attributes : Bldg 2 of 4
FieldDescription
Style:Store
ModelCommercial
GradeAverage
Stories:2
Occupancy 
Exterior Wall 1Stucco/Masonry
Exterior Wall 2Brick/Masonry
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Marble
Interior Floor 2Quarry Tile
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseSHOPNGMALL MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3230
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEILING ONLY
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 84,346 84,346
FUSUpper Story, Finished 81,906 81,906
CANCanopy 1,470 0
CLPLoading Platform, Finished 552 0
   168,274 166,252
Building 3 : Section 1
Year Built: 1971
Living Area: 33,120
Replacement Cost: $2,588,717
Building Percent Good: 5
Replacement Cost
Less Depreciation:
$129,400
Building Attributes : Bldg 3 of 4
FieldDescription
Style:Service Shop
ModelCommercial
GradeAverage
Stories:1
Occupancy 
Exterior Wall 1Brick/Masonry
Exterior Wall 2Concr/Cinder
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeNone
Struct Class 
Bldg UseSHOPNGMALL MDL-96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:323I
Heat/ACHEAT/AC SPLIT
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & MIN WL
Rooms/PrtnsAVERAGE
Wall Height18.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 28,080 28,080
SDAStore Display Area 5,040 5,040
CANCanopy 772 0
   33,892 33,120
Building 4 : Section 1
Year Built: 1971
Living Area: 142,454
Replacement Cost: $18,000,233
Building Percent Good: 5
Replacement Cost
Less Depreciation:
$900,000
Building Attributes : Bldg 4 of 4
FieldDescription
Style:Store
ModelCommercial
GradeAverage
Stories:2
Occupancy 
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseSHOPNGMALL MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3230
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height24.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 92,363 92,363
FUSUpper Story, Finished 50,091 50,091
CANCanopy 2,605 0
ULPLoading Platform, Unfinished 384 0
   145,443 142,454

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
MEZ3W/PARTITIONS4000.00 S.F.$7,2001
SPR2WET/CONCEALED225220.00 S.F.$24,8001
SPR2WET/CONCEALED5040.00 S.F.$3003
SPR2WET/CONCEALED138173.00 S.F.$7,6004
SPR2WET/CONCEALED166252.00 S.F.$38,4002

Land
Land Use
Use Code3230
DescriptionSHOPNGMALL MDL-94  
ZoneLB
Neighborhood550
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)36.67
Frontage0
Depth0
Assessed Value$12,029,500
Appraised Value$12,029,500
lbllndfront

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
ELE1ELEVATOR  1.00 EACH$15,0002
ELE1ELEVATOR  1.00 EACH$30,0004
ESC1ESCALATOR  2.00 EACH$48,0002
ESC1ESCALATOR  2.00 EACH$96,0004
FN4FENCE-8' CHAIN  66.00 L.F.$1,4003
LT5MERC VAP/FLU  24.00 UNITS$14,4001
LT2DOUBLE LIGHT  30.00 UNITS$63,7001
LT4FOUR LIGHT  6.00 UNITS$18,3001
PAV1PAVING-ASPHALT  200000.00 S.F.$108,0001
PDK1DECK,PARKING  158624.00 S.F.$3,521,5001
PDK1DECK,PARKING  136324.00 S.F.$3,026,4001
SGN3W/INT LIGHTS  30.00 S.F.&HGT$1,4003
SGN2DOUBLE SIDED  144.00 S.F.&HGT$4,5001
SGN2DOUBLE SIDED  144.00 S.F.&HGT$4,5001
SGN2DOUBLE SIDED  15.00 S.F.&HGT$3001
SGN2DOUBLE SIDED  15.00 S.F.&HGT$3001
SGN2DOUBLE SIDED  15.00 S.F.&HGT$3001
ELE1ELEVATOR  1.00 EACH$30,0001
ESC1ESCALATOR  2.00 EACH$96,0001
BLBDDIGITAL BILLBOARD  1200.00 S.F.$756,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2026$15,926,800$12,029,500$27,956,300
2025$14,645,500$12,029,500$26,675,000
2024$17,226,100$11,965,000$29,191,100

Assessment
Valuation YearImprovementsLandTotal
2026$15,926,800$12,029,500$27,956,300
2025$14,645,500$12,029,500$26,675,000
2024$17,226,100$11,965,000$29,191,100

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