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    Property profile & analytics

    112 Main St Farmland, IN 47340-9269

    • Retail space
    • 3,400 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 13, 2020
    Location Intelligence
    Property ID
    US31-1125378
    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

    • Retail space

    Property Details for 112 Main St

    Year built
    1918
    Construction
    WOOD
    Lot size
    0.09 lot acres
    Property size
    3,400 SF
    Property type
    Retail space
    APN
    68-08-18-252-001.000-008
    APU
    680818252001000008

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Farmland
    County
    Randolph
    State
    Indiana
    Longitude
    -85.1274
    Latitude
    40.189

    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
    $875
    $7,100
    $37,900
    $45,000
    -
    $7,100
    $37,900
    $45,000

    Comparable in this City

    • Value Estimation by Request
      330 SF

      309 Olive St

      RETAIL STORES (PERSONAL SERVICES) • 330 SF
      309 Olive St, Farmland, IN 47340
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    • Value Estimation by Request
      2,376 SF

      9577 400th N

      RETAIL STORES (PERSONAL SERVICES) • 2,376 SF
      9577 400th N, Farmland, IN 47340-9392
      View Details
    • Value Estimation by Request
      3,280 SF

      108 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,280 SF
      108 Main St, Farmland, IN 47340
      View Details
    • Value Estimation by Request
      2,490 SF

      105 Henry St

      RETAIL STORES (PERSONAL SERVICES) • 2,490 SF
      105 Henry St, Farmland, IN 47340-9265
      View Details
    • Value Estimation
      $320,000
      9,056 SF

      204 Henry St

      RETAIL STORES (PERSONAL SERVICES) • 9,056 SF
      204 Henry St, Farmland, IN 47340-7006
      View Details
    • Value Estimation by Request
      6,432 SF

      100 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,432 SF
      100 Main St, Farmland, IN 47340-9269
      View Details
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    112 Main St
    Farmland, IN 47340-9269
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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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