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    Property profile & analytics

    112 Carey St Fairland, IN 46126

    • Commercial real estate
    • 1,680 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 08, 2023
    Location Intelligence
    Property ID
    US31-2772004
    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

    • Commercial real estate

    Property Details for 112 Carey St

    Year built
    1950
    Construction
    WOOD
    Lot size
    0.22 lot acres
    Property size
    1,680 SF
    Property type
    Commercial real estate
    APN
    73-06-09-400-328.000-027
    APU
    730609400328000027

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fairland
    County
    Shelby
    State
    Indiana
    Longitude
    -85.861
    Latitude
    39.5842
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN 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
    $400
    $6,100
    $15,500
    $21,600
    -
    $6,100
    $15,500
    $21,600

    Comparable in this City

    • Value Estimation by Request
      0.25 Acres

      9797 Michigan Rd

      COMMERCIAL (GENERAL) • 0.25 Acres
      9797 Michigan Rd, Fairland, IN 46126-9524
      View Details
    • Value Estimation by Request
      3,348 SF

      106 Carey St

      COMMERCIAL (GENERAL) • 3,348 SF
      106 Carey St, Fairland, IN 46126-9415
      View Details
    • Value Estimation by Request
      0.08 Acres

      Main St

      COMMERCIAL (GENERAL) • 0.08 Acres
      Main St, Fairland, IN 46126
      View Details
    • Value Estimation by Request
      2,432 SF

      106 Washington St

      COMMERCIAL (GENERAL) • 2,432 SF
      106 Washington St, Fairland, IN 46126-2072
      View Details
    • Value Estimation by Request
      320 SF

      Nn 400th Ww

      COMMERCIAL (GENERAL) • 320 SF
      Nn 400th Ww, Fairland, IN 46126
      View Details
    • Value Estimation by Request
      4,224 SF

      104 Washington St

      COMMERCIAL (GENERAL) • 4,224 SF
      104 Washington St, Fairland, IN 46126-9661
      View Details

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      5071 N Frontage Rd, Fairland, IN 46126
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    112 Carey St
    Fairland, IN 46126
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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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