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    Property profile & analytics

    12 Main St Carthage, IN 46115-0077

    • Grocery and convenience stores
    • 4,608 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Feb 21, 2025
    Location Intelligence
    Property ID
    US31-0984347
    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

    • Pavey's Grocery / Grocery Store
    • United States Postal Service / Logistics Service / Mailing Service

    Property Details for 12 Main St

    Year built
    2006
    Construction
    WOOD
    Lot size
    0.25 lot acres
    Property size
    4,608 SF
    Property type
    Grocery and convenience stores
    APN
    70-02-19-177-010.000-009
    APU
    700219177010000009

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carthage
    County
    Rush
    State
    Indiana
    Longitude
    -85.5722
    Latitude
    39.7388

    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
    $9,732
    $21,500
    $302,900
    $324,400
    -
    $21,500
    $302,900
    $324,400

    Comparable in this City

    • Value Estimation
      $495,000
      9,283 SF

      713 Main St

      RETAIL STORES (PERSONAL SERVICES) • 9,283 SF
      713 Main St, Carthage, IN 46115-0099
      View Details
    • Value Estimation by Request
      2,700 SF

      Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,700 SF
      Main St, Carthage, IN 46115
      View Details
    • Value Estimation
      $285,000
      4,496 SF

      5 Ml St

      RETAIL STORES (PERSONAL SERVICES) • 4,496 SF
      5 Ml St, Carthage, IN 46115-0120
      View Details
    • Value Estimation by Request
      2,280 SF

      8 Ml St

      RETAIL STORES (PERSONAL SERVICES) • 2,280 SF
      8 Ml St, Carthage, IN 46115
      View Details
    • Value Estimation by Request
      1,342 SF

      10 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,342 SF
      10 Main St, Carthage, IN 46115-0077
      View Details
    • Value Estimation by Request
      1,368 SF

      Main St

      CAR WASH • 1,368 SF
      Main St, Carthage, IN 46115
      View Details

    Similar Nearby for Sale

    • $250,000
      12.04 Acres

      Indiana Agricultural Land - $250K

      Wooded acreage near Carthage, IN. Perfect for privacy.
      880 Blue River Rd, Carthage, IN 46115
      View Details
    • $320,000
      16.05 Acres

      Prime 16-Acre Indiana Land

      Wooded acreage, secluded yet convenient. Build your dream home.
      890 Blue River Rd, Carthage, IN 46115
      View Details
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    12 Main St
    Carthage, IN 46115-0077
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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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