Property profile

111 Waterford St Wakarusa, IN 46573

OFF-MARKET
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Property ID
US31-0408944
4,140 SF 0.03 ac Built 1916
Last sale Mar 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A mixed-use building located in downtown Wakarusa, Elkhart County, Indiana at 111 W Waterford Street. The building contains 2,760 square feet of space and includes professional offices with an upstairs residential apartment. Separate entrances serve the different tenant uses. The property sits on a 0.03-acre lot and has connected access to 105 S Elkhart Street, which provides potential for combined or separate use depending on how the parcels are managed.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$70k
Assessed land$3k
Assessed improvement$66k
Effective rate2.30%

Value estimate

· Nov 2026
$195k
$176k – $215k
AI approach$275k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$49/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$23 – $82
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ZO01
JurisdictionELKHART

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.2
Auto Repair Shop11.2
Building Supply10.9

Location

111 Waterford St Wakarusa, IN 46573-2008
County assessor Recorded deeds · 7 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Railroad, Wakarusa, IN 46573 $15,000 Dec 2020 728 SF
66212 State Rd 19, Wakarusa, IN 46573-9708 $250,000 Nov 2020 1,344 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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