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    19041 Lovers Ln Metamora, IN 47030

    For Sale
    $289,000

    Charming courtyard, high potential, canal-side location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This unique, well-maintained historic building at 19041 Lovers Lane, Metamora, Indiana, presents a compelling investment opportunity. Situated on a 0.25-acre lot, this general commercial property offers significant potential for a variety of uses. Currently operating as a business featuring cookies and ice cream, its charming courtyard adds to its appeal. The property's prime location directly across from the canal ensures high visibility and accessibility. The building's history and character make it an ideal candidate for adaptive reuse, particularly as a wedding venue or similar event space, given its existing charm and ample space. A new survey is currently underway to officially include an adjacent barber shop building, increasing the overall property value by an additional $29,000. This addition will significantly expand the usable square footage and further enhance the property's versatility. The asking price for this exceptional property, including the pending addition of the barber shop, is $289,000. This represents a rare chance to acquire a piece of Metamora's history with significant upside potential. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 19041 Lovers Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1845
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Metamora
    County
    Franklin
    State
    Indiana
    Longitude
    -85.13361
    Latitude
    39.44695

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    FAQs

    What type of property is this?
    Commercial real estate - Charming courtyard, high potential, canal-side location.
    Where is this commercial real estate located?
    The property is located at 19041 Lovers Ln Metamora, IN.
    What is the asking price?
    The asking price for this property is $289,000.
    (765) 647-3330
    Request Owner's contact information
    19041 Lovers Ln Metamora, IN 47030
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    Realmo Value Estimation

    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.

    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.

    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
    19041 Lovers Ln Metamora, IN 47030
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