Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    118 Main St Albion, IN 46701-1114

    • Office Properties & Spaces
    • 960 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-1332285
    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

    • Office Properties & Spaces

    Property Details for 118 Main St

    Year built
    1950
    Construction
    WOOD
    Lot size
    0.03 lot acres
    Property size
    960 SF
    Property type
    Office Properties & Spaces
    APN
    57-13-24-100-008.000-002
    APU
    571324100008000002

    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
    -85.4249
    Latitude
    41.3954
    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
    $995
    $4,400
    $40,400
    $44,800
    -
    $4,400
    $40,400
    $44,800

    Comparable in this City

    • Value Estimation by Request
      4,336 SF

      101 Oak St

      OFFICE (GENERAL) • 4,336 SF
      101 Oak St, Albion, IN 46701
      View Details
    • Value Estimation by Request
      43,721 SF

      109 York St

      OFFICE (GENERAL) • 43,721 SF
      109 York St, Albion, IN 46701-1038
      View Details
    • Value Estimation by Request
      9,852 SF

      774 Trl Rdg Rd

      OFFICE (GENERAL) • 9,852 SF
      774 Trl Rdg Rd, Albion, IN 46701-1546
      View Details
    • Value Estimation by Request
      97,568 SF

      210 7th St

      OFFICE (GENERAL) • 97,568 SF
      210 7th St, Albion, IN 46701-1413
      View Details
    • Value Estimation by Request
      3,200 SF

      833 Main St

      OFFICE (GENERAL) • 3,200 SF
      833 Main St, Albion, IN 46701-1302
      View Details
    • Value Estimation by Request
      10,070 SF

      101 Park Dr

      OFFICE (GENERAL) • 10,070 SF
      101 Park Dr, Albion, IN 46701-1438
      View Details

    Similar Nearby for Sale

    • $572,000
      0.40 Acres

      Remodeled Mixed-Use Building with Apartment

      Completely remodeled mixed-use building with office space and residential apartment.
      111 W Hazel St, Albion, IN 46701
      View Details
    • $239,900
      12.00 Acres

      12 Acres of Tillable Land

      12 acres of tillable land in Noble County, Indiana.
      S 50 W, Albion, IN 46701
      View Details
    • $668,160
      55.68 Acres

      Noble County Agricultural Land

      55.68 acres in Noble County with frontage on 125 N.
      0000 E 125 N, Albion, IN 46701
      View Details
    • $119,000
      0.03 Acres

      Charming Updated Commercial Property

      Turn-key brick building with modern updates and business potential.
      118 E Main St, Albion, IN 46701
      View Details
    • $299,999
      0.15 Acres

      Albion Commercial Property: Prime Development Site

      Versatile Albion building, six lots, R3 zoning.
      1008 South St, Albion, IN 46701
      View Details
    • $199,900
      10.00 Acres

      Tillable Acreage Near Chain-O-Lakes Park

      10 acres of tillable land in rural Noble County.
      S 50 W, Albion, IN 46701
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      37,102 SF

      Albion Warehouse: 37,102 SF

      Spacious industrial warehouse, 5.86 acres.
      600 7Th St, Albion, IN 46701
      View Details
    • $3 SF/Yr
      59,200 SF

      Albion, IN Industrial Warehouse

      59,200 SF Warehouse, Albion, IN
      1514 Progress Dr, Albion, IN 46701
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    118 Main St
    Albion, IN 46701-1114
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.