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    Property profile & analytics

    124 Sherman St Redkey, IN 47373-9291

    • Industrial properties
    • 1,208 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-3033606
    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

    • Industrial properties

    Property Details for 124 Sherman St

    Year built
    1990
    Construction
    WOOD
    Lot size
    0.26 lot acres
    Property size
    1,208 SF
    Property type
    Industrial properties
    APN
    38-09-24-203-022.000-031
    APU
    380924203022000031

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Redkey
    County
    Jay
    State
    Indiana
    Longitude
    -85.1479
    Latitude
    40.3461

    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
    2022
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      588 SF

      Central Ave

      INDUSTRIAL (GENERAL) • 588 SF
      Central Ave, Redkey, IN 47373
      View Details
    • Value Estimation
      $305,000
      5,040 SF

      5360 700th W

      HEAVY INDUSTRIAL • 5,040 SF
      5360 700th W, Redkey, IN 47373-9517
      View Details
    • Value Estimation by Request
      4,800 SF

      222 Un St

      INDUSTRIAL (GENERAL) • 4,800 SF
      222 Un St, Redkey, IN 47373-8902
      View Details
    • Value Estimation by Request
      1,196 SF

      Un Union

      HEAVY INDUSTRIAL • 1,196 SF
      Un Union, Redkey, IN 47373
      View Details
    • Value Estimation by Request
      1,728 SF

      20 Meridian St

      MINI-WAREHOUSE, STORAGE • 1,728 SF
      20 Meridian St, Redkey, IN 47373-9342
      View Details
    • Value Estimation by Request
      30,868 SF

      8649 State Rd 67

      STORAGE YARD, OPEN STORAGE • 30,868 SF
      8649 State Rd 67, Redkey, IN 47373-9500
      View Details
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    124 Sherman St
    Redkey, IN 47373-9291
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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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