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    Property profile & analytics

    111 Bierma St Wheatfield, IN 46392-9128

    • Turn key restaurants
    • 800 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Jun 21, 2023
    Location Intelligence
    Property ID
    US31-1843640
    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

    • Heathers Diner / Restaurant

    Property Details for 111 Bierma St

    Year built
    1965
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.14 lot acres
    Property size
    800 SF
    Property type
    Turn key restaurants
    APN
    37-16-25-003-003.021-034
    APU
    371625003003021034

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wheatfield
    County
    Jasper
    State
    Indiana
    Longitude
    -87.0545
    Latitude
    41.1918
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN 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
    $1,625
    $9,200
    $125,100
    $134,300
    -
    $9,200
    $125,100
    $134,300

    Comparable in this City

    • Value Estimation by Request
      2,255 SF

      15 Bierma St

      RESTAURANT • 2,255 SF
      15 Bierma St, Wheatfield, IN 46392-9228
      View Details
    • Value Estimation by Request
      1,204 SF

      16 Bierma St

      RESTAURANT • 1,204 SF
      16 Bierma St, Wheatfield, IN 46392
      View Details
    • Value Estimation by Request
      2,300 SF

      4766 900th N

      RESTAURANT • 2,300 SF
      4766 900th N, Wheatfield, IN 46392-9684
      View Details
    • Value Estimation
      $350,000
      2,790 SF

      41 Bierma St

      RESTAURANT • 2,790 SF
      41 Bierma St, Wheatfield, IN 46392
      View Details
    • Value Estimation by Request
      9,516 SF

      38 Bierma St

      RETAIL STORES (PERSONAL SERVICES) • 9,516 SF
      38 Bierma St, Wheatfield, IN 46392-9228
      View Details
    • Value Estimation by Request
      2,240 SF

      406 High St

      RETAIL STORES (PERSONAL SERVICES) • 2,240 SF
      406 High St, Wheatfield, IN 46392-7418
      View Details

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      Unimproved land in established subdivision, close to amenities.
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      Residential land in Wheatfield, Indiana, suitable for building a new home.
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    Wheatfield, IN 46392-9128
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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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