Company Bios & Certifications

At RPE/Cobb & Associates, our record speaks of success through quality of service, commitment to excellence, experience and courteous professional staffing. We are committed to constantly satisfying the needs of our clients by providing a professional and timely service through the highest possible caliber of work.

Stephen L. Cobb, MAI, President
Certified General Appraiser | full bio

Stephen W. Cobb, MAI, Vice President
Certified General Appraiser | full bio

J. Matthew Stephenson
Certified General Appraiser | full bio

Richard P. Martin
Certified General Appraiser | full bio

Linda Schotter
Certified General Appraiser | full bio

 

    STEPHEN L COBB, MAI - PRESIDENT

    Professional
  • Active Member of the Appraisal Institute (holding MAI Designation)
  • Experience
    President - 1990- Present RPE/Cobb & Associates
  • Real Estate Valuation/Independent Fee Appraiser
  • Expert Testimony
  • Reports, Counseling and Consultation
  • President - S.L. Cobb & Associates, Inc.
  • Real Estate Valuation/Independent Fee Appraiser
  • Expert Testimony
  • Reports, Counseling and Consultation.
  • Director of Real Estate - 1970-1989 Indiana University/Purdue University at Indianapolis
  • Maintained a staff of 10-20 employees.
  • Oversaw acquisition and expansion of IUPUI campus, Managed Universities Rental properties, gifts and other real estate interests owned by University
  • Appraiser and Reviewer - Indiana State Highway Department.
  • Projects included Interstate expansion as well as local and county road projects.
  • Professional Affiliations
  • Indiana Certified General Appraiser (CG69100633)
  • Member of the International Right-of-Way Association
  • Metropolitan Indianapolis Board of Realtors, Commercial/Industrial Board of Realtors, Indianapolis, IN
  • Bloomington Board of Realtors, Bloomington, IN
  • Indiana Association of Realtors; National Association of Realtors
  • Licensed Real Estate Broker, State of Indiana (PB51167655
  • Education - 1966 Indiana University Bloomington, IN
  • Bachelor of Science, School of Business, Real Estate Administration.
  • Appraisal Institute
  • Principles and Basic Valuation, Indiana University, Indianapolis, IN


    STEPHEN W COBB, MAI – VICE PRESIDENT

    Employment - 1986 to Present RPE/Cobb & Associates, Vice President
  • Appraiser/Consultant of commercial, industrial, multi family and special use properties.
  • Professional Affiliations
  • MAI Member of the Appraisal Institute (Member #11776)
  • Indiana Certified General Appraiser (CG69100069)
  • Indiana Licensed Real Estate Broker (AB58900996)
  • Approved Appraiser for Indiana Dept. of Transportation and Local Public Agency Acquisitions
  • Metropolitan Indianapolis Board of Realtors, Realtor
  • Formal and Specialized Educations
  • Indiana University, Bachelor of Science in Business, Major Real Estate Administration, 1988
  • Real Estate Appraisal Principles, Indiana University, Bloomington, IN., 1987
  • Standards of Professional Practice, Indianapolis, IN., 1989
  • Capitalization Theory and Techniques, Part A, Exam 1B A, Indiana University, Bloomington, IN., 1990
  • Capitalization Theory and Techniques, Part B, Exam 1B B, Indiana University, Bloomington, IN., 1990
  • Basic Valuation Procedures, Exam 1A 2, Indianapolis, IN., 1990
  • Case Studies in Real Estate Valuation, Exam 2 1, Indiana University, Bloomington, IN., 1991
  • Report Writing and Valuation, Exam 2 2, Indiana University, Bloomington, IN., 1991
  • Advanced Income Capitalization Seminar, Indianapolis, IN., 1993
  • Appraisal Regulations of the Federal Banking Agencies Seminar, Indianapolis, IN., 1993
  • Rates Ratios and Reasonableness, Part I, Indianapolis, IN., 1993
  • Standards of Professional Practice, Parts A & B, Courses I410 and II420, November, 1999.
  • Marshall & Swift Nonresidential Handbook Seminar, Indianapolis, IN., 1998
  • Appraising High Value and Historic Homes Seminar, Fort Wayne, IN., 1996
  • Appraisal of Retail Properties Seminar, Indianapolis, IN., 1995
  • New Industrial Valuation, Indianapolis, IN., 1997
  • Case Studies Course 550 Advance Applications, Bloomington, IN, 2000
  • USPAP update 2003 – Standards and Ethics for Professionals – 2003
  • Analyzing Operating Expenses – 2003
  • Business Practices and Ethics -2005
  • Appraisal principles and procedures – 2006
  • 7 – hour National USPAP update course - 2007


    J. MATTHEW STEPHENSON

    Employment - April 2000 – present
    RPE / Cobb & Associates - Staff Appraiser
  • Appraised residential property in Indiana.
  • Appraised multiple commercial properties including proposed construction, existing improvements and vacant land.
  • Assisted certified general appraiser in report preparation.
  • Developed multiple real property reports regarding deprecation and development impact studies.
  • Professional Affiliations
  • MAI Candidate – Associate Member of the Appraisal Institute
  • Designated Realtor, Metropolitan Indianapolis Board of Realtors
  • Indiana Certified General Appraiser License (CG40300089)
  • Indiana Real Estate Principle Broker License (PB20101253)
  • Formal and Specialized Educations
  • Appraisal Institute C420, Business Practices and Ethics, Indianapolis, IN, December 2003
  • Appraisal Institute C520, Highest and Best Use Analysis, St. Louis, MO, September 2003
  • Appraisal Institute C410, Uniform Standards of Professional Appraisal Practice, Baltimore, MD, June 2003
  • Appraisal Institute C540, Report Writing & Valuation Analysis, Cleveland, OH, March 2003
  • Appraisal Institute C530, Advanced Sales Comparison & Cost Approaches, Flint, MI, November 2002
  • Appraisal Institute C510, Advanced Income Capitalization, Bloomington, IN, August 2001
  • Education Resource, Income Capitalization, Indianapolis, IN, March 2001
  • Education Resource, Small Residential Income Property Valuation, Indianapolis, IN 1999
  • Indiana Appraisal School, Standards of Professional Practice, Indianapolis, IN 1999
  • Indiana Appraisal School, Procedures of Real Estate Appraisal, Indianapolis, IN 1999
  • Indiana Appraisal School, Principles of Real Estate Appraisal, Indianapolis, IN 1999


    RICHARD P. MARTIN

    Professional License :
  • Indiana Certified General Appraiser CG40100019
  • Indiana Real Estate Brokers License AB59100276
  • Formal Education:
  • Indiana University, Bloomington, Indiana:
  • Bachelor of Science in Business Analysis and Finance;
  • Concentrated Minor in Real Estate, May 1989 courses included:
  • Real Estate Finance & Investment
  • Real Estate Appraisal
  • Real Estate Law
  • Indiana Vocational Technical College, Columbus, Indiana:
  • Associate of Science in Architectural Drafting, 1978
  • Professional Affiliations:
  • SRA Candidate of the Appraisal Institute, January 1991
  • Indiana Commercial Board of Realtors Member
  • Real Estate Appraisal Experience:
  • Real Property Evaluation, Greenwood, Indiana
  • Real Estate Appraiser, August 1991 to present
  • First Appraisal Group, Inc., Bloomington, Indiana
  • Real Estate Appraiser, May 1990 to August 1991
  • Residential Appraisal Assignments in Central & Southern Indiana
  • Research and Analysis of Improved and Unimproved Agricultural Properties
  • Improved Commercial Property Analysis and Valuation
  • Unimproved Commercial Property Analysis and Valuation
  • Research and Analysis for the Indiana Department of Transportation
  • Research and Analysis for General Services Administration – U.S. Federal Government
  • Multi-Family Valuation for the United States Department of Housing and Urban Development
  • Indiana Real Estate Certification Center for Real Estate Education, Bloomington, Indiana:
  • Indiana Certified Residential Appraiser – February 1992
  • Real Estate Brokers Course, 1990
  • Indiana Certified General Appraiser – December 2000


    LINDA SCHOTTER

    Professional License:
  • Indiana Certified General Appraiser CG40300186
  • Indiana Real Estate Salesperson SP 30400624
  • General Education:
  • I.U.P.U.I., Indianapolis, Indiana
  • Related Professional Education:
  • Appraisal Procedures 110, l995
  • Applied Residential Property Valuation, October, 1996
  • Appraising Small Residential Income, November, 1996
  • Uniform Standards of Appraisal Practice November, 1996
  • Construction Knowledge July, 1997
  • Finance July, 1997
  • Appraising High Value & Historic Homes November 1997
  • Residential Design & Functional Utility November 1997
  • Appraising with Blueprints, December 1997
  • Residential Case Studies in Highest and Best Use, November 2000
  • Basic Income Capitalization, April 2002
  • Uniform Standards of Appraisal Practice, June 2002
  • Advanced Income Capitalization, July 2002
  • Appraising Apartment Concepts, August 2002
  • Investment Analysis, August 2002
  • Professional Experience:
  • Indiana State Certified General Appraiser, RPE 2004 to Present
  • Instructor for Pre-Licensing Appraisal Courses 2007 to Present
  • Indiana State Certified General Appraiser, Self-Employed 2003 to 2004
  • Staff Appraiser, Mitchell Appraisals, Inc. 1997 to 2003
  • Research Analyst, Mitchell Appraisals, Inc. 1995 to 1996
  • Self-employed, Business in Home 1989 to1995
  • Trust Department, Union State Bank 1980 to 1987
  • American Fletcher National Bank 1978 to 1980