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    Property profile & analytics

    10978 Meridian Rd Macy, IN 46951-8039

    • Office Properties & Spaces
    • 4,584 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 08, 2023
    Location Intelligence
    Property ID
    US31-2274208
    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 10978 Meridian Rd

    Year built
    1959
    Construction
    WOOD
    Lot size
    1.50 lot acres
    Property size
    4,584 SF
    Property type
    Office Properties & Spaces
    APN
    52-02-33-100-001.000-020
    APU
    520233100001000020

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Macy
    County
    Miami
    State
    Indiana
    Longitude
    -86.0761
    Latitude
    40.925
    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
    $27,000
    $76,400
    $103,400
    -
    $27,000
    $76,400
    $103,400

    Comparable in this City

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      5,818 SF

      9303 Old Rte 31

      OFFICE (GENERAL) • 5,818 SF
      9303 Old Rte 31, Macy, IN 46951-7974
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      2,592 SF

      2979 Lakeshore Dr

      OFFICE (GENERAL) • 2,592 SF
      2979 Lakeshore Dr, Macy, IN 46951-8637
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      1,088 SF

      190 Columbia St

      OFFICE (GENERAL) • 1,088 SF
      190 Columbia St, Macy, IN 46951-4215
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      6,895 SF

      195 Commerce St

      OFFICE (GENERAL) • 6,895 SF
      195 Commerce St, Macy, IN 46951-4212
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    • Value Estimation by Request
      2,240 SF

      6676 Old Us Hwy 31

      OFFICE (GENERAL) • 2,240 SF
      6676 Old Us Hwy 31, Macy, IN 46951-8639
      View Details
    • Value Estimation by Request
      4,282 SF

      2890 Macy Gilead Rd

      OFFICE (GENERAL) • 4,282 SF
      2890 Macy Gilead Rd, Macy, IN 46951
      View Details

    Similar Nearby for Sale

    • $249,000

      Land on U.S. 31

      Land suitable for regional office, warehouse, or general business.
      1050 N Old Route 31, Macy, IN 46951
      View Details
    • New
      Contact for pricing
      2,631 SF

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      Versatile property with historical charm and modern potential.
      105 N Mckee St, Macy, IN 46951
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    10978 Meridian Rd
    Macy, IN 46951-8039
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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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