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    Property profile & analytics

    621 Indiana Ave Sellersburg, IN 47172

    • Retail space
    • 1,992 SF
    • 0.22 lot acres
    For Sale
    View listing
    $270,000
    Value Estimation
    Last Sale
    Nov 09, 2023
    $247,000
    Location Intelligence
    Property ID
    US31-1760756
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 621 Indiana Ave

    Year built
    1957
    Construction
    WOOD
    Lot size
    0.22 lot acres
    Property size
    1,992 SF
    Property type
    Retail space
    APN
    10-17-11-000-212.000-031
    APU
    101711000212000031

    Description

    retail and others. Contact us today and lets take a closer look.""""}"""

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $195,000
      6.5%
      $210,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $185,000
      Geo Method
      $195,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $250,000
      Retail
      $255,000
      Mixed-Use
      $255,000
      Hospitality
      $225,000
      Educational
      $200,000
      Residential Income
      $255,000
      Energy
      $205,000
      Income-Based Land
      $185,000
      Food Service
      $195,000

    Location Insight

    • Map
    • Local Demand
    City
    Sellersburg
    County
    Clark
    State
    Indiana
    Longitude
    -85.7553
    Latitude
    38.3921
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,917
    $46,700
    $39,400
    $86,100
    -
    $46,700
    $39,400
    $86,100

    Comparable in this City

    • Value Estimation
      $400,000
      6,315 SF

      620 Indiana Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,315 SF
      620 Indiana Ave, Sellersburg, IN 47172-1654
      View Details
    • Value Estimation
      $395,000
      4,108 SF

      Indiana Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,108 SF
      Indiana Ave, Sellersburg, IN 47172
      View Details
    • Value Estimation
      $2,190,000
      4,250 SF

      116 Indiana Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,250 SF
      116 Indiana Ave, Sellersburg, IN 47172-1532
      View Details
    • Value Estimation
      $350,000
      4,968 SF

      7225 Novas Lndg

      RETAIL STORES (PERSONAL SERVICES) • 4,968 SF
      7225 Novas Lndg, Sellersburg, IN 47172-1790
      View Details
    • Value Estimation
      $365,000
      2,976 SF

      400 Popp Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,976 SF
      400 Popp Ave, Sellersburg, IN 47172-1635
      View Details
    • Value Estimation by Request
      680 SF

      121 Utica St

      RETAIL STORES (PERSONAL SERVICES) • 680 SF
      121 Utica St, Sellersburg, IN 47172-1410
      View Details

    Similar Nearby for Sale

    • $275,000
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      Sellersburg Industrial Lot - I-65 Access

      Prime 0.87-acre industrial lot, I-65 & Hwy 60 access.
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      High-traffic location, excellent investment opportunity.
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    • $425,000
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      7517 Highway 60, Sellersburg, IN 47172

      Commercial real estate • 1.00 Acre
      7517 Highway 60, Sellersburg, IN 47172
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    • $270,000
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      3 compartment sink and walk-in cooler. the outdoor storage unit is to remain once the property is purchased. the set up is ready for dining

      carry-out and there is plenty onsite private parking. Obviously being zoned B-1 it has a great variety of options for service
      621 Indiana Ave, Sellersburg, IN 47172
      View Details
    • Contact for pricing
      0.25 Acres

      Sellersburg Office & Apartment Building

      Downtown Sellersburg investment opportunity!
      301 Utica St, Sellersburg, IN 47172
      View Details
    • $1,700,000
      14.50 Acres

      Sellersburg Industrial Property - 14.5 Acres

      Prime M-1 zoned location, large building, excellent development potential.
      11323 Highway 60, Sellersburg, IN 47172
      View Details

    Similar Nearby for Lease

    • $1,500,000
      6,350 SF

      Finished Retail Space on Highway

      Finished and unfinished retail space on a high-traffic road.
      324-326 N Indiana Ave, Sellersburg, IN 47172
      View Details
    • $100,000
      233,482 SF

      Sellersburg I-65 Retail Pads

      Four prime retail sites, I-65 visibility
      7312 Apple Leaf Ln, Sellersburg, IN 47172
      View Details
    • $18 SF/Yr
      2,250 SF

      Sellersburg Commercial Space

      Prime 2,250 sq ft former pharmacy with drive-thru.
      7600 In-60, Sellersburg, IN 47172
      View Details
    • $24 SF/Yr
      40,000 SF

      Sellersburg Office Space Available

      Versatile office suites, prime location.
      11515 Us-31, Sellersburg, IN 47172
      View Details
    • $7 SF/Yr
      60,000 SF

      Sellersburg Industrial Build-to-Suit

      60,000 SF Manufacturing/Flex Space
      4600 Progress Way, Sellersburg, IN 47172
      View Details
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    621 Indiana Ave
    Sellersburg, IN 47172
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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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