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    Property profile & analytics

    00 State Road 109 Wilkinson, IN 46186

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

    Current Use by Public Records

    • Land

    Property Details for 00 State Road 109

    Lot size
    13.50 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 13.5-acre property presents a unique opportunity for commercial or agricultural development. Located in the tranquil town of Wilkinson, Indiana, this land boasts a serene setting enhanced by a nearby creek. Currently undergoing the replatting process, a survey is available for review. The property is conveniently situated behind 8353 N SR 109 (reference #22009423 for further location details). Situated in Henry County, with a Knightstown mailing address and a 46186 zip code, this land offers a blend of rural charm and accessibility. The property is served by the Eastern Hancock School District. Prospective buyers should note that well and septic systems will be required. This is an ideal location for a country estate or various commercial ventures, offering significant potential for growth and development. The asking price is $220,000. Don't miss this chance to acquire this remarkable piece of Indiana land.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wilkinson
    County
    Henry
    State
    Indiana
    Longitude
    -85.6179
    Latitude
    39.8938

    Comparable in this City

    • Value Estimation by Request
      1,850 SF

      187 Main St

      COMMERCIAL (GENERAL) • 1,850 SF
      187 Main St, Wilkinson, IN 46186
      View Details
    • Value Estimation
      $415,000
      5,758 SF

      600 Nn St

      COMMERCIAL (GENERAL) • 5,758 SF
      600 Nn St, Willow Branch, IN 46186
      View Details
    • Value Estimation
      $340,000
      7,550 SF

      10594 700th N

      COMMERCIAL (GENERAL) • 7,550 SF
      10594 700th N, Wilkinson, IN 46186-9794
      View Details
    • Value Estimation by Request
      19,200 SF

      6250 State Rd 234

      COMMERCIAL (GENERAL) • 19,200 SF
      6250 State Rd 234, Wilkinson, IN 46186-9774
      View Details
    • Value Estimation by Request
      544 SF

      775 Nn E

      COMMERCIAL (GENERAL) • 544 SF
      775 Nn E, Wilkinson, IN 46186
      View Details
    • Value Estimation by Request
      0.61 Acres

      6722 1025th E

      VACANT COMMERCIAL LAND • 0.61 Acres
      6722 1025th E, Wilkinson, IN 46186-9512
      View Details
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    00 State Road 109
    Wilkinson, IN 46186
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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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