Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7 Deer Creek Way Columbus, IN 47201

    Sponsored
    For Sale
    $95,000

    Residential Lots - Columbus, IN

    Lot size:
    0.37 Acres
    Days on Market:
    273
    Last Refresh:
    Jan 25 at 11:06 pm

    Property Features for 7 Deer Creek Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res
    APN
    039533110001000005
    Lot size
    0.37 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Karen Dugan
    Karen Dugan

    CENTURY 21 Breeden Realtors (812) 378-1723

    Listing agent Karen Dugan (812) 372-3766 License #RB14022533

    Listing date Apr 29, 2025

    MLS# 21964272 Listing URL

    Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Building Lot in Columbus

    This 0.37-acre residential building lot is located on the westside of Columbus, Indiana. The property is situated in a development featuring sloping landscapes and quality-designed homes. Specifically, Lot 7 Deer Creek Way has potential for a walk-out basement. Builders are subject to developer approval, offering an opportunity to start building a new home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Columbus
    County
    Bartholomew
    State
    Indiana
    Longitude
    -85.970434
    Latitude
    39.181176

    Nearby Similar for Sale

    • $199,990
      0.10 Acres

      Columbus Duplex with Income Potential

      Charming duplex in Columbus, IN, with income potential or single-family conversion.
      1210 California St, Columbus, IN 47201
      View Details
    • $149,900
      1 SF

      Mixed-Use Investment Opportunity

      Two income-producing properties: residential and commercial lot.
      2060 State St, Columbus, IN 47201
      View Details
    • $1,676,000
      9,400 SF

      Two Mile House Investment Opportunity

      Two commercial condominium units for sale with long-term tenants.
      3528 W Two Mile House Rd, Columbus, IN 47201
      View Details
    • $318,500
      1,339 SF

      Downtown Loft with Historic Charm

      Stunning loft in downtown Columbus with modern design and historic charm.
      410 6Th St, Columbus, IN 47201
      View Details
    • Contact for pricing
      90,794 SF

      Historic Office Building & Conference

      Three buildings near Cummins HQ, including a National Historic Landmark.
      525 Jackson St, Columbus, IN 47201
      View Details
    • $4,972,548
      6,408 SF

      Columbus, IN Parachute Plasma

      6,408 SF NNN leased to Parachute Plasma.
      699 Creekview Dr, Columbus, IN 47201
      View Details
    • Contact for pricing
      36,542 SF

      36,542 SF Theater on 6.83 Acres

      Freestanding 12-screen movie theater with ample parking in Columbus, IN.
      555 Creekview Ct, Columbus, IN 47201
      View Details
    • $259,900
      1,728 SF

      Two-Story Condo with Detached Garage

      3-bedroom condo with garage, fenced patio, and community pool.
      3935 Offshore Dr, Columbus, IN 47203
      View Details
    • $4,860,145

      Columbus Industrial Property For Sale

      Industrial property available for purchase in Columbus, Indiana.
      635 S Mapleton St, Columbus, IN 47201
      View Details
    • $419,900
      2,750 SF

      State Street Mixed-Use Gem

      Prime Columbus Location, Updated Building
      1801 State St, Columbus, IN 47201
      View Details
    • Contact for pricing
      15,356 SF

      Columbus IN Office Complex

      Prime Columbus location, 75,000+ SF, 3 buildings
      525 Jackson St, Columbus, IN 47201
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot in Columbus, Indiana with potential for walk-out basement.
    Where is this residential land & home lot located?
    The property is located at 7 Deer Creek Way Columbus, IN.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - Building lot on the westside of Columbus.; - Located in a development with quality designed and built homes.; - Sloping landscape.
    (812) 343-7702
    Request Owner's contact information
    7 Deer Creek Way Columbus, IN 47201
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7 Deer Creek Way
    Columbus, IN 47201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7 Deer Creek Way Columbus, IN 47201
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Karen Dugan
    Karen Dugan
    Real Estate License ID: RB14022533
    (812) 343-7702
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.