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    Property profile & analytics

    116 Armstrong St Crothersville, IN 47229-1502

    • Retail space
    • 1,200 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Last Sale
    Sep 26, 2022
    Location Intelligence
    Property ID
    US31-1662868
    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 116 Armstrong St

    Year built
    1991
    Construction
    WOOD
    Lot size
    0.15 lot acres
    Property size
    1,200 SF
    Property type
    Retail space
    APN
    36-46-10-403-036.000-016
    APU
    364610403036000016

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Crothersville
    County
    Jackson
    State
    Indiana
    Longitude
    -85.8409
    Latitude
    38.7964
    CBSA code
    42980
    CBSA name
    SEYMOUR, 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
    $2,022
    $12,500
    $75,200
    $87,700
    -
    $12,500
    $75,200
    $87,700

    Comparable in this City

    • Value Estimation by Request
      612 SF

      106 Armstrong St

      RETAIL STORES (PERSONAL SERVICES) • 612 SF
      106 Armstrong St, Crothersville, IN 47229-1504
      View Details
    • Value Estimation by Request
      3,600 SF

      201 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,600 SF
      201 Main St, Crothersville, IN 47229-1509
      View Details
    • Value Estimation by Request
      1,536 SF

      2539 Us Hwy 31

      RETAIL STORES (PERSONAL SERVICES) • 1,536 SF
      2539 Us Hwy 31, Crothersville, IN 47229-9620
      View Details
    • Value Estimation
      $415,000
      3,200 SF

      11769 State Rd 250

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      11769 State Rd 250, Crothersville, IN 47229-9678
      View Details
    • Value Estimation by Request
      2,340 SF

      108 Armstrong St

      RETAIL STORES (PERSONAL SERVICES) • 2,340 SF
      108 Armstrong St, Crothersville, IN 47229
      View Details
    • Value Estimation
      $55,000
      1,204 SF

      201 Armstrong St

      RETAIL STORES (PERSONAL SERVICES) • 1,204 SF
      201 Armstrong St, Crothersville, IN 47229-1003
      View Details

    Similar Nearby for Sale

    • $375,000
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      Investment properties • 8.32 Acres
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      View Details
    • $439,900
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      Prime Crothersville Commercial Property

      Versatile 2-acre commercial complex, high visibility.
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    Crothersville, IN 47229-1502
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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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