Financial
Distress signals
Property profile

118 S 3Rd St Boonville, IN 47601

FOR SALE
Turn key restaurants
Property ID
US31-2619318
6,625 SF 0.09 ac lot Built 1901
Last sale Feb 2021
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
118 S 3Rd St, Boonville, IN 47601 For Sale
$270,000 6,625 SF
118 S 3Rd St, Boonville, IN 47601
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Property summary

AI-generated overview

This is a long-operating saloon property in Warrick County. The structure underwent a complete remodel in 2020–2021, including roof replacement and updates to plumbing, HVAC, and electrical systems, along with remodeled restroom facilities featuring new ceramic tile. The premises include a Type-2 Gaming License and a 3-way Liquor License with carry-out privileges.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$117k
Assessed land$16k
Assessed improvement$101k
Effective rate3.00%

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWARRICK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.4
Dental Office14.3
Building Supply11.2

Location

118 S 3Rd St Boonville, IN 47601
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
966 Aigner, Boonville, IN 47601-8471 $175,000 May 2025 4,235 SF
111 2nd, Boonville, IN 47601-1568 $122,900 Jul 2024 3,318 SF
128 3rd, Boonville, IN 47601-1543 $245,000 Feb 2024 9,120 SF
4488 State Rte 62, Boonville, IN 47601-8419 $449,000 Apr 2023 5,000 SF
115 2nd, Boonville, IN 47601-1568 $115,000 May 2021 3,002 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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