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Financial
Distress signals
Property profile

118 N Main St Goshen, IN 46526

FOR SALE
Other office properties
Property ID
US31-0132357
5,610 SF 0.08 ac lot Built 1872
Last sale Jun 2026 · $691,404
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This mixed-use property is located directly on Main Street in Goshen, Indiana, and consists of two buildings at 118 and 116 N Main, served by an on-site dedicated parking lot. The 116 N Main building features a limestone cornice facade with “STATE BANK” inscribed near the top, with additional limestone and sandstone exterior elements. The main level of 116 N Main is currently laid out with offices and conference rooms and is configured so that an alternative retail or restaurant layout could be…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$171k
Assessed land$32k
Assessed improvement$139k
Effective rate3.57%

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$270k
NOI build-up
Gross scheduled income$120k
Vacancy & credit loss−$8k
Operating expenses−$42k
NOI · 46.45% cap applied$70k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$49/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$23 – $82
Qualifying comparables8

Cap rate analysis

How does the asset earn?
46.45%
$70k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionELKHART

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency17.7
Dental Office13.1
HVAC Service12.1

Location

118 N Main St Goshen, IN 46526
County assessor Recorded deeds · 7 transfers 8 qualifying comp sales 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

5 recorded sales · 14 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2046 Dorchester, Goshen, IN 46526-6534 $620,000 Jan 2025 3,163 SF
2146 Elkhart, Goshen, IN 46526-1116 $400,000 Sep 2024 8,638 SF
117 Washington, Goshen, IN 46526-3728 $240,000 Mar 2022 4,884 SF
1802 Charlton, Goshen, IN 46526-6463 $350,000 Nov 2020 3,649 SF
2024 Dorchester, Goshen, IN 46526-6546 $530,000 Mar 2019 4,611 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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