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    Property profile & analytics

    115 Main St Albion, IN 46701-1249

    • Banks
    • 2,472 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US31-0105208
    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

    • Banks

    Property Details for 115 Main St

    Year built
    1978
    Construction
    WOOD
    Lot size
    0.40 lot acres
    Property size
    2,472 SF
    Property type
    Banks
    APN
    57-13-18-300-110.000-002
    APU
    571318300110000002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albion
    County
    Noble
    State
    Indiana
    Longitude
    -85.423
    Latitude
    41.3959
    CBSA code
    28340
    CBSA name
    KENDALLVILLE, IN MICROPOLITAN 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
    $8,278
    $29,400
    $346,800
    $376,200
    -
    $29,400
    $346,800
    $376,200

    Comparable in this City

    • Value Estimation
      $355,000
      2,664 SF

      304 Orange St

      FINANCIAL BUILDING • 2,664 SF
      304 Orange St, Albion, IN 46701-1131
      View Details
    • Value Estimation by Request
      0.34 Acres

      Orange St

      FINANCIAL BUILDING • 0.34 Acres
      Orange St, Albion, IN 46701
      View Details
    • Value Estimation by Request
      11,376 SF

      Albion, IN 46701

      RETAIL STORES (PERSONAL SERVICES) • 11,376 SF
      Albion, IN 46701
      View Details
    • Value Estimation by Request
      1,728 SF

      302 Orange St

      RETAIL STORES (PERSONAL SERVICES) • 1,728 SF
      302 Orange St, Albion, IN 46701
      View Details
    • Value Estimation by Request
      2,976 SF

      607 Orange St

      RETAIL STORES (PERSONAL SERVICES) • 2,976 SF
      607 Orange St, Albion, IN 46701-1136
      View Details
    • Value Estimation by Request
      9,010 SF

      1440 Us Hwy 33

      RETAIL STORES (PERSONAL SERVICES) • 9,010 SF
      1440 Us Hwy 33, Albion, IN 46701-9402
      View Details

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    Similar Nearby for Lease

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    115 Main St
    Albion, IN 46701-1249
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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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