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QUALIFICATIONS
OF APPRAISER
PAUL E. WEBER
INDIANA CERTIFIED GENERAL APPRAISER
January 1, 2006
EDUCATION: B.S.
Degree in Business Administration, with a major in
Real Estate Administration - Indiana University, Bloomington, Indiana
1979
CERTIFICATION:
Indiana Certified General Appraiser,
#CG69200778 -- Indiana Real Estate Appraisal Commission
-- 12/14/91, Expires 06/30/08
LICENSED: Real
Estate Broker, State of Indiana #IB51381269
APPROVED: State Approved Appraiser for Indiana Department of
Transportation and Local Public Agency Acquisitions (Approved for
performing residential, farm, commercial, industrial & special purpose
appraisals)
REAL ESTATE RELATED
EXPERIENCE:
College Courses
Real Estate Design and Construction, 1977
Materials Take-off Course, Indiana Lumber Retailer's Association, 1978
AIREA, - 1A and 1B - Indiana University, 1978
Investment Principles Course - Indiana University 1981
Professional Appraisal Courses
Seminar: Uniform Residential Appraisal Report,
Bloomington, IN 2005
Course 400: USPAP Update, Bloomington, IN 2005
RECP Seminar Indiana License Law Update, Bloomington, IN 2004
RECP Seminar Civil Rights Update, Bloomington, IN 2004
RECP Seminar Environmental Concerns, Bloomington, IN 2004
CE1038: Surveying and Legal Descriptions, Terre Haute, IN 2003
CE1040: Indiana Property Tax Update, Terre Haute, IN 2003
RECP Seminar USPAP Update, Bloomington, IN 2002
RECP Seminar Appraisal License Law Update, Bloomington, IN 2002
RECP Seminar Fair Housing Compliance, Bloomington, IN 2002
RECP Seminar Antitrust, Bloomington, IN 2002
Course CE1042: Residential Valuation, Indianapolis, IN 2001
Real Estate Sales Management Seminar, Bloomington, IN, 2001
HUD/FHA Rules, Indianapolis, IN, 1999
EDI Revolution and the Appraiser (Day 2), Indianapolis, Indiana, 1997
Seminar on Small Hotel/Motel Valuation, Bloomington, Indiana, 1997
American Institute of Real Estate Appraisers
Subdivision Analysis Seminar, San Francisco, 1981
Capitalization Theory & Techniques Part A -Exam 1B-A, 1988
Standards of Professional Practice, SPP, 1989
Capitalization Theory & Techniques Part B - Exam 1B-B, 1990
Appraisal Associate - Gilbert S. Mordoh & Co., Inc.
Professional Real Estate Appraisers, Analysts, and Consultants,
Residential and Commercial Real Estate Appraisals.
Associate - Sunwest Valuation, Cost Mesa, CA
Specializing in feasibility studies, land use market studies,
investment analysis, and general cash flow modeling of land
development. Also involved with appraisal of commercial and industrial
real estate.
Sales Associate - Bender Lumber Co., Construction experience,
materials knowledge, cost analysis.
APPRAISAL EXPERIENCE AND TYPES OF
PROPERTIES APPRAISED:
Appraisal of Commercial and Industrial lots in Southern
CA
Appraisal of Mini-Warehouse Development, Chino, CA
Appraisal of Residential Sub-Division Land for
development in
Lake Elsinore, CA
Highest & Best Use Analysis Commercial Properties in
Southern
California - Chino, Lake Elsinore, San Diego, CA
Feasibility Studies of various projects in the
Southwest, including
Commercial and Industrial Developments.
Appraisal of Residential properties in Lawrence,
Monroe, Greene, Orange,
Brown, Owen & Putnam Counties.
Appraisal of Commercial properties in the Lawrence,
Monroe, Greene,
Owen County markets.
Appraisal of Vacant Land in Lawrence, Monroe and Greene
County markets.
Savings Banks and Savings & Loans
1. Bedford Federal Savings Bank, 1030 15th Street, P.O.
Box 368,
Bedford, IN (Residential, Commercial)
2. Home Federal Savings Bank, Post Office Box 648,
Seymour, IN
(Residential)
3. Old National Bank, P.O. Box 2689, Bloomington, IN
(Residential, Commercial)
4. Farmers & Mechanics Federal Savings, Post Office Box
269,
Bloomfield, IN (Residential)
5. United Federal Savings Bank, P.O. Box 1217,
Vincennes, IN (Residential)
1. Monroe Bank, 210 E. Kirkwood, P.O. Box 2329,
Bloomington, IN
(Residential, Commercial)
2. Bloomfield State Bank, 1301 N. Walnut Street, P.O.
Box 1294,
Bloomington, IN (Residential, Commercial)
3. Bank One, Indianapolis, 111 Monument Circle, Suite
1711, Indianapolis, IN
(Residential)
4. Bank One, Bloomington, NA, P.O. Box 608,
Bloomington, IN
(Residential, Commercial)
5. Irwin Union Bank & Trust Company, P.O. Box 1285,
Bloomington, IN
(Residential, Commercial)
6. Jackson County Bank, P.O. Box 307, Bedford, IN
(Residential, Commercial)
7. American National Bank, Post Office Box 438,
Vincennes, IN (Residential)
8. Peoples State Bank, Post Office Box 128,
Ellettsville, IN
(Residential, Commercial)
9. First of America Bank, 5300 Crawfordsville Road,
Indianapolis, IN
(Residential, Commercial)
10. Owen Community Bank, P.O. Box 381, Spencer, IN
(Residential, Commercial)
11. Stone City Bank, 1502 "I" Street, Bedford, IN
(Residential, Commercial)
12. Key Bank, 418 S. College Mall Road, Bloomington, IN
(Residential, Commercial)
13. National City Bank, 101 W. Washington Street,
Indianapolis, IN
(Residential)
1. Hoosier Hill Federal Credit Union 630 Lincoln
Avenue, Bedford, IN
(Residential)
2. Indiana University Credit Union, Post Office Box
368, Bloomington, IN
(Residential)
3. Members Choice Federal Credit Union, 507 W. Davis
Street,
Bloomington, IN (Residential)
1. Banc One Mortgage Corp., 111 Monument Circle,
Indianapolis, IN
(Residential)
2. Inland Mortgage Co. Inc., 8851 Southpointe Drive,
Ste. C-2,
Indianapolis, IN (Residential)
3. Huntington Mortgage Co., Inc., 7575 Huntington Park,
Columbus, OH
(Residential)
4. Banc One Mortgage Corporation, P.O. Box 608,
Bloomington, IN
(Residential)
5. Norwest Mortgage Corporation, 004 Fountain Square,
Bloomington, IN
(Residential)
6. Bloomington Mortgage Corporation, 814 Auto Mall
Road, Bloomington, IN
(Residential)
7. Sears Mortgage Corporation, 501 Congressional Blvd.,
Ste. 100,
Carmel, IN (Residential)
8. Priority Mortgage Corporation, Post Office Box 40,
Conover, NC
(Residential)
9. Citicorp Mortgage, Inc., Post Office Box 790014,
M.S. 314, St. Louis, MO
(Residential)
10. Service Mortgage, 9279 N. Meridian Street, #200,
Indianapolis, IN
(Residential)
11. PHH US Mortgage, 6000 Atrium Way, Mt. Laurel NJ
(Residential)
1. Argonaut Realty Acquisition, General Motors Corp.,
485 W. Milwaukee Ave. Detroit, MI (Residential)
2. PHH Homequity, Inc., 2221 Camden Court, Oak Brook,
IL (Residential)
3. Prudential Relocation, 1100 Woodfield Road, 2
Woodfield Lake, Suite 520,
Schaumburg, IL (Residential)
4. Boatmens Relocation, 510 Locust Street, St. Louis,
MO (Residential)
5. Associates Relocation, 250 E. John Carpenter
Freeway, Irving, TX 75062
(Residential)
1. City of Bloomington, 220 E. 3rd Street, P.O. Box
100, Bloomington, IN
(Residential, Commercial)
2. U.S. Department of Housing & Urban Development/FHA,
151 N. Delaware St., Indianapolis, IN (Residential)
3. Federal National Mortgage Association, 150 South
Wacker Dr.,
Chicago, IL (Residential)
4. Small Business Association, 575 N. Pennsylvania
Street, Indianapolis, IN
(Residential)
5. U.S. Department of Justice, United States Marshals
Service,
226 United States Courthouse, 46 E. Ohio Street, Room 226,
Indianapolis, IN (Residential)
6. Department of Veterans Affairs, 575 N. Pennsylvania
St., Indianapolis, IN
(Commercial)
Right-of-Way Acquisition and Easements
1. Monroe County Superior Court, Bloomington, Indiana
(Residential, Commercial)
2. City of Bloomington Utilities, P.O. Box 1216,
Bloomington, IN
(Residential, Commercial, Industrial)
3. City of Ellettsville, Ellettsville, Indiana
(Residential, Commercial)
4. City of Bloomington, Redevelopment Department, P.O.
Box 100,
Bloomington, IN (Residential)
5. Indiana Department of Transportation, Division of
Land Acquisition,
100 N. Senate Avenue, Indianapolis, IN (Residential,
Commercial)
6. Monroe County Highway Department, Courthouse,
Bloomington, IN
(Residential, Commercial)
1. Community Trust & Investment Co., 105 N. Pete Ellis
#B, Bloomington, IN
(Residential, Commercial)
2. Mallor, Clendening, Grodner & Bohrer, Attorneys at
Law,
511 S. Woodscrest, Bloomington, IN (Residential, Commercial)
3. Andrews, Harrell, Mann, Chapman and Coyne, Attorneys
at Law,
1720 N. Kinser Pike, Bloomington, IN (Residential,
Commercial)
4. David J. Colman, Attorney at Law, 114 S. Grant
Street,
Bloomington, IN (Residential, Commercial)
5. Bank One Trust Group, P.O. Box 608, Bloomington, IN
(Residential, Commercial)
Mr. Jack Kenworthy, President
Bedford Federal Savings Bank
1030 15th Street, P.O. Box 368
Bedford, Indiana 47421
(812) 275-5907
Mr. Bill Compton, Vice President
Commercial Loans
Monroe Bank
111 South Lincoln Street
Bloomington, Indiana 47408
(812) 331-3555
Mr. Robert Jackson, President
Farmers & Mechanics Federal Savings
P.O. Box 269
Bloomfield, Indiana 47424
(812) 332-8018
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