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aPPIdA143ALu PLUS, INc <br />REAL ESTATE APPRAISAL SERVICE <br />File No. 733! <br />11!10/2004 <br />JAMES MCCUNE <br />2421 BAY POINTE DR <br />ST JOSEPH, MI 49085 <br />File Number: 7331 <br />In accordance with your regt!est, I have personally inspected and appraised the real property at: <br />733 W INDIANA AVE <br />SOU? I I BEND, !N 46613 <br />The purpose of this appraisal is to estimate the market value of the subject property, as improved. <br />l~he property rights appraised are the fee simple interest ir. the site and improvements. <br />I!~ my opinion, the estimated market value of the property as of November 8, 2004 is: <br />$55,000 <br />Fifty-Five Thnusand Dollars <br />The attached report contains the description, ana{ysis and supportive data for the conclusions, <br />final estimate of value: descriptive photographs, limiting conditions and appropriate certifications. <br />Gt•iRIS P•!lEDBALSKI <br />~~~~ ~r.~ naaa~ ~~a_~aa_~320 FAX 574-288-2385 <br /> <br />