Realmo Analytics

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Financial
Distress signals
Property profile

2245 Shelby St Indianapolis, IN 46203

OFF-MARKET
Retail space
Property ID
US31-0801095
10,875 SF 0.48 ac lot Built 2008
Last sale Feb 2022 · $1,845,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value$728k
Assessed land$69k
Assessed improvement$659k
Effective rate2.77%

Value estimate

· Oct 2026
$1.43M
$1.29M – $1.57M
AI approach$1.46M
CAP approach$1.80M
Submarket $/SF estimate$1.18M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$75/SF
Submarket average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$33 – $119

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ZO01
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm29.2
Realty agency23.7
Dental Office19.4

Location

2245 Shelby St Indianapolis, IN 46203-4260
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1640 Legrande, Indianapolis, IN 46203 $1,565,000 Jun 2022 8,103 SF
1044 Virginia, Indianapolis, IN 46203-1754 $650,000 Jul 2019 4,852 SF
5236 Victory, Indianapolis, IN 46203-5949 $750,000 Apr 2019 21,856 SF
2215 Shelby, Indianapolis, IN 46203-4260 $2,279,520 Mar 2019 10,125 SF
1618 Shelby, Indianapolis, IN 46203-2761 $425,000 Feb 2019 11,688 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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