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    Property profile & analytics

    105 Main St Farmland, IN 47340

    • Office Properties & Spaces
    • 3,684 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Location Intelligence
    Property ID
    US31-1270661
    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

    • W R Slaughter Insurance / Insurance Agency / Auto Insurance Agency
    • Jeffers Bookkeeping / Bookkeeping Service

    Property Details for 105 Main St

    Year built
    1961
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.10 lot acres
    Property size
    3,684 SF
    Property type
    Office Properties & Spaces
    APN
    68-08-18-254-082.000-008
    APU
    680818254082000008

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Farmland
    County
    Randolph
    State
    Indiana
    Longitude
    -85.1275
    Latitude
    40.1875

    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
    $3,396
    $9,400
    $103,800
    $113,200
    -
    $9,400
    $103,800
    $113,200

    Comparable in this City

    • Value Estimation by Request
      720 SF

      110 Henry St

      OFFICE (GENERAL) • 720 SF
      110 Henry St, Farmland, IN 47340-9264
      View Details
    • Value Estimation by Request
      864 SF

      1-19-12 Pt Se 7001

      OFFICE (GENERAL) • 864 SF
      1-19-12 Pt Se 7001, Farmland, IN 47340
      View Details
    • Value Estimation
      $335,000
      9,290 SF

      104 Main St

      OFFICE (GENERAL) • 9,290 SF
      104 Main St, Farmland, IN 47340-9299
      View Details
    • Value Estimation by Request
      480 SF

      204 Mulberry St

      OFFICE (GENERAL) • 480 SF
      204 Mulberry St, Farmland, IN 47340-9110
      View Details
    • Value Estimation by Request
      2,600 SF

      104 Main St

      OFFICE (GENERAL) • 2,600 SF
      104 Main St, Farmland, IN 47340-9601
      View Details
    • Value Estimation by Request
      4,300 SF

      104 Henry St

      OFFICE (GENERAL) • 4,300 SF
      104 Henry St, Farmland, IN 47340-7005
      View Details
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    105 Main St
    Farmland, IN 47340
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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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