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    Property profile & analytics

    118 Washington St New Madison, OH 45346-9783

    • Office buildings
    • 6,592 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $85,000
    Last Sale
    Jun 29, 2020
    $60,000
    Location Intelligence
    Property ID
    US66-4244478
    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

    • Heritage Hall / Business Center

    Property Details for 118 Washington St

    Year built
    1904
    Lot size
    0.15 lot acres
    Property size
    6,592 SF
    Property type
    Office buildings
    APN
    G31-4-110-13-02-02-13200
    APU
    G31411013020213200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Madison
    County
    Darke
    State
    Ohio
    Longitude
    -84.7092
    Latitude
    39.9674
    CBSA code
    24820
    CBSA name
    GREENVILLE, OH 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
    $1,204
    $5,360
    $18,290
    $23,650
    -
    $15,300
    $52,250
    $67,550

    Comparable in this City

    • Value Estimation
      $60,000
      1,238 SF

      112 Washington St

      OFFICE BUILDING • 1,238 SF
      112 Washington St, New Madison, OH 45346
      View Details
    • Value Estimation
      $215,000
      1,972 SF

      3690 Palestine Hollansburg Rd

      OFFICE BUILDING • 1,972 SF
      3690 Palestine Hollansburg Rd, New Madison, OH 45346
      View Details
    • Value Estimation
      $375,000
      3,856 SF

      101 Anderson St

      MEDICAL BUILDING • 3,856 SF
      101 Anderson St, New Madison, OH 45346-9715
      View Details
    • Value Estimation by Request
      1.43 Acres

      Duffield St

      CHARITABLE ORGANIZATION • 1.43 Acres
      Duffield St, New Madison, OH 45346
      View Details
    • Value Estimation by Request
      0.01 Acres

      101 Main St

      VACANT COMMERCIAL LAND • 0.01 Acres
      101 Main St, New Madison, OH 45346-8764
      View Details
    • Value Estimation by Request
      48.17 Acres

      Weaver Sta

      INDUSTRIAL - VACANT LAND • 48.17 Acres
      Weaver Sta, New Madison, OH 45346
      View Details
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    118 Washington St
    New Madison, OH 45346-9783
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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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