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    Property profile & analytics

    101 Michigan Ave Morocco, IN 47963-8007

    • Specialty properties
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-0473508
    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

    • Specialty properties

    Property Details for 101 Michigan Ave

    Lot size
    0.16 lot acres
    Property type
    Specialty properties
    APN
    56-10-28-111-007.000-002
    APU
    561028111007000002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morocco
    County
    Newton
    State
    Indiana
    Longitude
    -87.4544
    Latitude
    40.9406
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI 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
    $0.00
    $8,400
    $0.00
    $8,400
    -
    $8,400
    $0.00
    $8,400

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      Walker St

      CHARITABLE ORGANIZATION • 0.14 Acres
      Walker St, Morocco, IN 47963
      View Details
    • Value Estimation by Request
      6,678 SF

      101 Beaver St

      FUNERAL HOME • 6,678 SF
      101 Beaver St, Morocco, IN 47963
      View Details
    • Value Estimation by Request
      0.43 Acres

      213 En St

      VACANT COMMERCIAL LAND • 0.43 Acres
      213 En St, Morocco, IN 47963-7522
      View Details
    • Value Estimation by Request
      0.05 Acres

      Clay St

      VACANT COMMERCIAL LAND • 0.05 Acres
      Clay St, Morocco, IN 47963
      View Details
    • Value Estimation by Request
      1.08 Acres

      14 State St

      VACANT COMMERCIAL LAND • 1.08 Acres
      14 State St, Morocco, IN 47963
      View Details
    • Value Estimation by Request
      6,598 SF

      111 State St

      COMMERCIAL (GENERAL) • 6,598 SF
      111 State St, Morocco, IN 47963
      View Details

    Similar Nearby for Sale

    • $450,000
      17,000 SF

      Power-Ready Industrial Facility with Secured Yard

      Industrial facility with heavy power, clear-span layout, and secured yard.
      511 S Lincoln St, Morocco, IN 47963
      View Details
    • $70,000
      1.03 Acres

      Residential Land in Morocco, Indiana

      Spacious 1.033-acre residential property with utilities and metal garage.
      419 Clay St, Morocco, IN 47963
      View Details
    • Contact for pricing
      0.39 Acres

      Vacant Lot in Morocco, IN

      Large vacant lot ready for development in Morocco, Indiana.
      413 N Lincoln St, Morocco, IN 47963
      View Details
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    101 Michigan Ave
    Morocco, IN 47963-8007
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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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