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    Property profile & analytics

    State Road 234 Kingman, IN 47952

    • Land
    • 132.70 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 State Road 234

    Lot size
    132.70 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 132.7-acre property in Parke County, Indiana, presents a unique investment opportunity. Located just off State Road 234 and a short drive from Highway 63, this land boasts over half a mile of Wabash River frontage and an additional half-mile of Coal Creek frontage. The diverse terrain includes 49.24 acres of tillable farmland and 83.46 acres of wooded recreational land, creating a haven for wildlife, including whitetail deer and waterfowl. An elevated campsite on a high wooded ridge offers panoramic views. While situated in a floodplain, this enhances the natural habitat and recreational appeal. The property is conveniently located, with Danville, IL, a 27-minute drive, Terre Haute, IN, 41 minutes, Indianapolis, IN, 1 hour 45 minutes, and Chicago, IL, 2 hours 56 minutes away. This versatile land is ideal for farming, hunting, recreational activities, or a tranquil riverfront retreat. The combination of fertile farmland, abundant wildlife, and stunning river views makes this a rare and desirable property. The asking price is $750,000. The property's address is West State Road 234, Kingman, IN 47952.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kingman
    County
    Parke
    State
    Indiana
    Longitude
    -87.4137
    Latitude
    39.9487

    Comparable in this City

    • Value Estimation
      $180,000
      0.20 Acres

      3514 Poplar Dr

      APARTMENT HOUSE (5+ UNITS) • 0.20 Acres
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      View Details
    • Value Estimation by Request
      2.50 Acres

      183 State Rd 234

      MOBILE HOME PARK, TRAILER PARK • 2.50 Acres
      183 State Rd 234, Kingman, IN 47952-8000
      View Details
    • Value Estimation
      $165,000
      0.20 Acres

      3557 Elm Dr

      APARTMENT HOUSE (5+ UNITS) • 0.20 Acres
      3557 Elm Dr, Kingman, IN 47952
      View Details
    • Value Estimation by Request
      2.73 Acres

      Kingman, IN 47952

      MOBILE HOME PARK, TRAILER PARK • 2.73 Acres
      Kingman, IN 47952
      View Details
    • Value Estimation by Request
      2,800 SF

      Meridian Rd

      STORAGE YARD, OPEN STORAGE • 2,800 SF
      Meridian Rd, Kingman, IN 47952
      View Details
    • Value Estimation
      $575,000
      24,415 SF

      4223 Kingman Rd

      MANUFACTURING (LIGHT) • 24,415 SF
      4223 Kingman Rd, Kingman, IN 47952-8130
      View Details
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    State Road 234
    Kingman, IN 47952
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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
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