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    Property profile & analytics

    107 Anderson St Sandborn, IN 47578

    • Retail space
    • 765 SF
    • 0.04 lot acres
    For Sale
    View listing
    $22,500
    Value Estimation
    Location Intelligence
    Property ID
    US31-1183770
    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 107 Anderson St

    Year built
    1913
    Construction
    WOOD
    Lot size
    0.04 lot acres
    Property size
    765 SF
    Property type
    Retail space
    APN
    42-02-04-404-010.000-014
    APU
    420204404010000014

    Description

    This attractive commercial property, situated at 107 S Anderson Street in Sandborn, Indiana, presents a unique investment opportunity. Priced at $22,500, this building offers significant potential for a variety of uses. The property sits on a 0.04-acre lot and boasts a spacious layout ideal for adaptation. Previously utilized as a hair salon, the building features a large, open room bathed in natural light, creating a welcoming and airy atmosphere. This main area is complemented by a convenient half bath and an additional room, providing flexibility for expansion or specialized use. The building's central Sandborn location ensures high visibility and accessibility, making it an excellent choice for entrepreneurs seeking a well-positioned commercial space. The property's versatility allows for a range of business ventures, from retail to office space, or even a return to its previous use as a salon. The ample natural light and existing layout offer a solid foundation for immediate occupancy and customization. This is a rare opportunity to acquire a well-located commercial building at an attractive price point in the heart of Sandborn. Serious inquiries are encouraged to explore the possibilities this property offers. The square footage is not currently available.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sandborn
    County
    Knox
    State
    Indiana
    Longitude
    -87.1872
    Latitude
    38.8962
    CBSA code
    47180
    CBSA name
    VINCENNES, IN MICROPOLITAN 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
    $353
    $1,800
    $15,200
    $17,000
    -
    $1,800
    $15,200
    $17,000

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      103 Anderson St

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      103 Anderson St, Sandborn, IN 47578-9700
      View Details
    • Value Estimation by Request
      1.04 Acres

      106 College St

      PARKING LOT • 1.04 Acres
      106 College St, Sandborn, IN 47578
      View Details
    • Value Estimation by Request
      0.28 Acres

      College St

      PARKING LOT • 0.28 Acres
      College St, Sandborn, IN 47578
      View Details
    • Value Estimation by Request
      4,464 SF

      Anderson St

      PARKING LOT • 4,464 SF
      Anderson St, Sandborn, IN 47578
      View Details
    • Value Estimation by Request
      0.15 Acres

      Anderson St

      PARKING LOT • 0.15 Acres
      Anderson St, Sandborn, IN 47578
      View Details
    • Value Estimation by Request
      7,020 SF

      101 Anderson St

      RESTAURANT • 7,020 SF
      101 Anderson St, Sandborn, IN 47578
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.04 Acres

      Sandborn Commercial Building - $22,500

      Prime Sandborn location, versatile commercial space.
      107 Anderson St, Sandborn, IN 47578
      View Details
    • $350,000
      40.31 Acres

      40-Acre Land with Private Lake

      40.31-acre property with lake, income potential, and recreational opportunities.
      E Grandview Rd, Sandborn, IN 47578
      View Details
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    Sandborn, IN 47578
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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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