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    Property profile & analytics

    112 Washington St Rensselaer, IN 47978-2846

    • Retail space
    • 11,895 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US31-0831326
    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

    • psychologist in rensselaer indiana / Medical Clinic
    • Upstairs Gallery and Healing Arts Studio / Art Gallery / Art Studio

    Property Details for 112 Washington St

    Year built
    1895
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Property size
    11,895 SF
    Zone code
    BUFF
    Property type
    Retail space
    APN
    37-07-30-009-017.148-027
    APU
    370730009017148027

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $210,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $195,000
      Geo Method
      $220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $230,000
      Mixed-Use
      $225,000
      Hospitality
      $225,000
      Educational
      $185,000
      Residential Income
      $180,000
      Energy
      $210,000
      Income-Based Land
      $235,000
      Food Service
      $235,000

    Location Insight

    • Map
    • Local Demand
    City
    Rensselaer
    County
    Jasper
    State
    Indiana
    Longitude
    -87.1514
    Latitude
    40.9366
    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
    $2,136
    $17,200
    $157,700
    $174,900
    -
    $17,200
    $157,700
    $174,900

    Comparable in this City

    • Value Estimation by Request
      2.20 Acres

      Ww 725th Ss

      RETAIL STORES (PERSONAL SERVICES) • 2.20 Acres
      Ww 725th Ss, Rensselaer, IN 47978
      View Details
    • Value Estimation by Request
      4,860 SF

      117 Rutsen St

      RETAIL STORES (PERSONAL SERVICES) • 4,860 SF
      117 Rutsen St, Rensselaer, IN 47978-3127
      View Details
    • Value Estimation by Request
      6,070 SF

      125 Van Rensselaer St

      RETAIL STORES (PERSONAL SERVICES) • 6,070 SF
      125 Van Rensselaer St, Rensselaer, IN 47978-2651
      View Details
    • Value Estimation by Request
      450 SF

      202 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 450 SF
      202 Washington St, Rensselaer, IN 47978-2819
      View Details
    • Value Estimation by Request
      1,620 SF

      925 Clark St

      RETAIL STORES (PERSONAL SERVICES) • 1,620 SF
      925 Clark St, Rensselaer, IN 47978-8888
      View Details
    • Value Estimation by Request
      2,664 SF

      865 College Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,664 SF
      865 College Ave, Rensselaer, IN 47978-3055
      View Details

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      Rensselaer Corner Development Site

      0.52 AC corner lot suitable for retail or QSR.
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    • Contact for pricing
      0.52 Acres

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    Similar Nearby for Lease

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      6,880 SF

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    • Contact for pricing

      Grocery Anchored Shopping Center

      Prime retail space in Rensselaer's College Square Plaza.
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    112 Washington St
    Rensselaer, IN 47978-2846
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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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