Financial
Distress signals
Property profile

428 E Main St Brownsburg, IN 46112

FOR SALE
Office Spaces
Property ID
US31-1113480
2,910 SF 0.21 ac lot Built 1930
Last sale Mar 2021 · $380,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$186k
Assessed land$90k
Assessed improvement$95k
Effective rate2.91%

Value estimate

· Sep 2026
$295k
$266k – $325k
AI approach$380k
NOI build-up
Gross scheduled income$42k
Vacancy & credit loss−$5k
Operating expenses−$13k
NOI · 4.41% cap applied$24k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$86/SF
County average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$51 – $140

Cap rate analysis

How does the asset earn?
4.41%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHENDRICKS

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service12.6
Parking Facility11.3
Tailor Shop10.0

Location

428 E Main St Brownsburg, IN 46112
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3800 750th S, Brownsburg, IN 46112 $175,000 Jun 2022 2,880 SF
18 Motif, Brownsburg, IN 46112-1017 $565,000 Jan 2021 3,355 SF
67 Garner, Brownsburg, IN 46112-7602 $150,000 Dec 2020 1,200 SF
4745 Northfield, Brownsburg, IN 46112-1786 $41,000 Oct 2019 4,929 SF
65 Garner, Brownsburg, IN 46112-8737 $146,000 Apr 2019 1,292 SF
1451 Grn, Brownsburg, IN 46112-2009 $635,000 Sep 2018 3,572 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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