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    Property profile & analytics

    109 Black Ln Royal Center, IN 46978-9221

    • Office Properties & Spaces
    • 73,779 SF
    • 2.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2559189
    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

    • Pioneer Elementary School / Elementary School / Kindergarten

    Property Details for 109 Black Ln

    Year built
    1920
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.06 lot acres
    Property size
    73,779 SF
    Property type
    Office Properties & Spaces
    APN
    09-16-14-341-036.000-004
    APU
    91614341036000004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Royal Center
    County
    Cass
    State
    Indiana
    Longitude
    -86.5
    Latitude
    40.8678
    CBSA code
    30900
    CBSA name
    LOGANSPORT, 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
    $180
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $500,000
      8,960 SF

      Chicago St

      OFFICE (GENERAL) • 8,960 SF
      Chicago St, Royal Center, IN 46978
      View Details
    • Value Estimation
      $300,000
      10,569 SF

      313 Chicago St

      OFFICE (GENERAL) • 10,569 SF
      313 Chicago St, Royal Center, IN 46978
      View Details
    • Value Estimation by Request
      1,176 SF

      109 Chicago St

      OFFICE (GENERAL) • 1,176 SF
      109 Chicago St, Royal Center, IN 46978-9997
      View Details
    • Value Estimation by Request
      2,430 SF

      100 Kramer St

      OFFICE (GENERAL) • 2,430 SF
      100 Kramer St, Royal Center, IN 46978-7000
      View Details
    • Value Estimation by Request
      1,680 SF

      Nn St

      OFFICE (GENERAL) • 1,680 SF
      Nn St, Royal Center, IN 46978
      View Details
    • Value Estimation by Request
      816 SF

      250 Wn St

      OFFICE (GENERAL) • 816 SF
      250 Wn St, Royal Center, IN 46978
      View Details
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    109 Black Ln
    Royal Center, IN 46978-9221
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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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