Final answer:
The indicated value of the subject property with three bathrooms is calculated by adding the value of an additional bathroom ($15,000) to the sale price of a comparable property with two bathrooms ($235,000), resulting in a total of $250,000.
Step-by-step explanation:
To determine the indicated value of the subject property, which has one more bathroom than the comparable property, we will adjust the price of the comparable property by the value of the additional bathroom. Since the comparable property sold for $235,000 and has two bathrooms, while the subject property has three bathrooms, we must add the value of one more bathroom to the comparable property's price to estimate the subject property's value.
If the estimated value of each bathroom is $15,000, then we need to add this amount to the price of the comparable property to account for the extra bathroom the subject property has.
Comparable Property Value: $235,000
Value of one additional bathroom: $15,000
Indicated Value of the Subject Property: $235,000 + $15,000 = $250,000.
Hence, the indicated value of the subject property with three bathrooms would be $250,000.