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    Property profile & analytics

    109 Main St Topeka, IN 46571

    • Banks
    • 5,048 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $485,000
    Location Intelligence
    Property ID
    US31-2203826
    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

    • Farmers State Bank / Bank / Atm

    Property Details for 109 Main St

    Year built
    2015
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.49 lot acres
    Property size
    5,048 SF
    Property type
    Banks
    APN
    44-12-25-400-000.005-008
    APU
    441225400000005008

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    Lagrange
    State
    Indiana
    Longitude
    -85.5397
    Latitude
    41.5398

    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
    $16,925
    $26,100
    $672,400
    $698,500
    -
    $26,100
    $672,400
    $698,500

    Comparable in this City

    • Value Estimation by Request
      2,448 SF

      203 Lk St

      FINANCIAL BUILDING • 2,448 SF
      203 Lk St, Topeka, IN 46571
      View Details
    • Value Estimation
      $355,000
      3,456 SF

      129 Lk St

      RETAIL STORES (PERSONAL SERVICES) • 3,456 SF
      129 Lk St, Topeka, IN 46571
      View Details
    • Value Estimation by Request
      9,100 SF

      160 Hawpatch Dr

      RETAIL STORES (PERSONAL SERVICES) • 9,100 SF
      160 Hawpatch Dr, Topeka, IN 46571-9482
      View Details
    • Value Estimation
      $370,000
      1,568 SF

      211 Lk St

      RETAIL STORES (PERSONAL SERVICES) • 1,568 SF
      211 Lk St, Topeka, IN 46571
      View Details
    • Value Estimation
      $390,000
      11,032 SF

      206 Lk St

      RETAIL STORES (PERSONAL SERVICES) • 11,032 SF
      206 Lk St, Topeka, IN 46571
      View Details
    • Value Estimation
      $230,000
      5.83 Acres

      2375 State Rd 5th 5

      RETAIL STORES (PERSONAL SERVICES) • 5.83 Acres
      2375 State Rd 5th 5, Topeka, IN 46571-9814
      View Details
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    109 Main St
    Topeka, IN 46571
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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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