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    Property profile & analytics

    109 Wabash St Converse, IN 46919-2149

    • Office Properties & Spaces
    • 9,497 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Last Sale
    Nov 01, 2023
    Location Intelligence
    Property ID
    US31-1607658
    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

    • Office Properties & Spaces

    Property Details for 109 Wabash St

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.40 lot acres
    Property size
    9,497 SF
    Property type
    Office Properties & Spaces
    APN
    52-16-32-104-034.000-011
    APU
    521632104034000011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Converse
    County
    Miami
    State
    Indiana
    Longitude
    -85.8724
    Latitude
    40.5787
    CBSA code
    37940
    CBSA name
    PERU, 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
    $0.00
    $27,700
    $483,500
    $511,200
    -
    $27,700
    $483,500
    $511,200

    Comparable in this City

    • Value Estimation by Request
      2,864 SF

      490 900th W 27

      OFFICE (GENERAL) • 2,864 SF
      490 900th W 27, Converse, IN 46919-9390
      View Details
    • Value Estimation by Request
      8,910 SF

      210 Jefferson St

      OFFICE (GENERAL) • 8,910 SF
      210 Jefferson St, Converse, IN 46919-2125
      View Details
    • Value Estimation by Request
      398 SF

      Cor Jefferson State Rd

      OFFICE (GENERAL) • 398 SF
      Cor Jefferson State Rd, Converse, IN 46919
      View Details
    • Value Estimation by Request
      1,855 SF

      Cor Maple St

      OFFICE (GENERAL) • 1,855 SF
      Cor Maple St, Converse, IN 46919
      View Details
    • Value Estimation by Request
      60,688 SF

      600 Walnut St

      OFFICE (GENERAL) • 60,688 SF
      600 Walnut St, Converse, IN 46919-2186
      View Details
    • Value Estimation by Request
      237,294 SF

      7756 Delphi Pike

      OFFICE (GENERAL) • 237,294 SF
      7756 Delphi Pike, Converse, IN 46919-9518
      View Details
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    109 Wabash St
    Converse, IN 46919-2149
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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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