1048 SOUTH ST
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Location
1048 SOUTH ST
Mblu
K-04/ 1/ 3/ 0/
Acct#
Owner
PREMIUM OUTLET PARTNERS LP
PBN
A
Total Market Value
$14,200,300
Appraisal
$14,200,300
PID
1066
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$8,932,300$5,268,000$14,200,300
Assessment
Valuation YearImprovementsLandTotal
2025$8,932,300$5,268,000$14,200,300

Owner of Record
OwnerPREMIUM OUTLET PARTNERS LP
Co-Owner
AddressP O BOX 6120
INDIANAPOLIS, IN 46206-6120
Sale Price$1,350,000
Certificate
Book & Page 11660/0584
Sale Date01/09/1997
Sale Code1P
QualifiedU

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale CodeSale Date
PREMIUM OUTLET PARTNERS LP$1,350,000 11660/05841P01/09/1997

Building Information
Building 1 : Section 1
Year Built: 2004
Living Area: 9,945
Replacement Cost: $2,055,542
Building Percent Good: 82
Replacement Cost
Less Depreciation:
$1,685,500
Building Attributes
FieldDescription
Style:Restaurant
ModelCommercial
GradeVery Good
Stories:1
Num Units1.00
Exterior CoverVert Board
Roof ShapeFlat/Shed
Roof CoverMembrane
Interior FinishWood Panel
Floor CoverHardwood
Fuel SourceGas
Heating/CoolingWarm/Cool Air
Bldg UseSHOPPING CNTR
Heat/AC 
Frame TypeWood Frame
Baths/Plumbing 
Ceiling/Wall 
Rooms/Prtns 
Wall Height12.00
% Comn Wall 
% Heated100
% Air Cond100
% Sprinklers100
FoundationSlab
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 9,945 9,945
CANCanopy 32 0
FOPPorch, Open, Finished 1,404 0
   11,381 9,945

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
FPLFireplace Gas/Zero Cl1.00 Each$3,1001

Land
Land Use
Use Code3230
DescriptionSHOPPING CNTR  
Zone06
NeighborhoodC-4
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)16.72
Frontage1774
Depth
Total Market Land$5,268,000
Appraised Value$5,268,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LH1Com Light 1/1  11.00 Each$7,2001
LH2Com Light 1/2  29.00 Each$29,0001
LH1Com Light 1/1  11.00 Each$7,2001
C088' CLF  37.00 LF$1,4001
C066' CLF  56.00 LF$1,6001
PAVPaving  150000.00 SF$150,0001
SM2Met Sign 2  12.00 SF$1,1001
SM2Met Sign 2  64.00 SF$6,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2026$8,932,300$5,268,000$14,200,300
2025$8,650,100$4,316,900$12,967,000
2024$8,650,100$4,316,900$12,967,000

Assessment
Valuation YearImprovementsLandTotal
2026$8,932,300$5,268,000$14,200,300
2025$8,650,100$4,316,900$12,967,000
2024$8,650,100$4,316,900$12,967,000

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