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    Property profile & analytics

    1124 State Rd 3rd 3 Rushville, IN 46173-7332

    • Bowling alleys
    • 12,226 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Last Sale
    May 01, 2024
    Location Intelligence
    Property ID
    US31-1099365
    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

    • Bowling alleys

    Property Details for 1124 State Rd 3rd 3

    Year built
    1960
    Construction
    WOOD
    Lot size
    2.00 lot acres
    Property size
    12,226 SF
    Property type
    Bowling alleys
    APN
    70-11-08-106-007.000-011
    APU
    701108106007000011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rushville
    County
    Rush
    State
    Indiana
    Longitude
    -85.4432
    Latitude
    39.5959

    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
    $4,155
    $75,000
    $63,500
    $138,500
    -
    $75,000
    $63,500
    $138,500

    Comparable in this City

    • Value Estimation by Request
      3,987 SF

      520 7th St

      THEATER (MOVIE) • 3,987 SF
      520 7th St, Rushville, IN 46173-1441
      View Details
    • Value Estimation by Request
      2,910 SF

      State Rd 244

      THEATER (MOVIE) • 2,910 SF
      State Rd 244, Rushville, IN 46173
      View Details
    • Value Estimation by Request
      3,360 SF

      1204 State Rd 44

      THEATER (MOVIE) • 3,360 SF
      1204 State Rd 44, Rushville, IN 46173-8635
      View Details
    • Value Estimation
      $310,000
      2,304 SF

      1024 Old 3rd 3

      THEATER (MOVIE) • 2,304 SF
      1024 Old 3rd 3, Rushville, IN 46173-7247
      View Details
    • Value Estimation
      $335,000
      7,666 SF

      512 Perkins St

      THEATER (MOVIE) • 7,666 SF
      512 Perkins St, Rushville, IN 46173-1650
      View Details
    • Value Estimation by Request
      12.05 Acres

      3510 150th E

      GOLF COURSE • 12.05 Acres
      3510 150th E, Rushville, IN 46173-8557
      View Details

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    Similar Nearby for Lease

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      Rushville Retail Space - Main St.

      High-traffic retail space, 1200 sq ft.
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      Retail Space in Kroger Anchored Center

      Retail space available in Rushville's top grocery sales center.
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    1124 State Rd 3rd 3
    Rushville, IN 46173-7332
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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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