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

    124 Washington St Rensselaer, IN 47978-2820

    • Office Properties & Spaces
    • 3,604 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 08, 2023
    Location Intelligence
    Property ID
    US31-0365895
    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

    • Clinic of Family Medicine / Medical Clinic / Nurse Practitioner

    Property Details for 124 Washington St

    Year built
    1910
    Construction
    WOOD
    Lot size
    0.06 lot acres
    Property size
    3,604 SF
    Zone code
    BUFF
    Property type
    Office Properties & Spaces
    APN
    37-07-30-009-017.135-027
    APU
    370730009017135027

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rensselaer
    County
    Jasper
    State
    Indiana
    Longitude
    -87.1517
    Latitude
    40.9363
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN 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
    $1,054
    $8,100
    $78,200
    $86,300
    -
    $8,100
    $78,200
    $86,300

    Comparable in this City

    • Value Estimation by Request
      2,032 SF

      1498 State Rd 14

      OFFICE (GENERAL) • 2,032 SF
      1498 State Rd 14, Rensselaer, IN 47978-8549
      View Details
    • Value Estimation by Request
      2,460 SF

      485 Van Rensselaer St

      OFFICE (GENERAL) • 2,460 SF
      485 Van Rensselaer St, Rensselaer, IN 47978
      View Details
    • Value Estimation by Request
      1,985 SF

      224 Washington St

      OFFICE (GENERAL) • 1,985 SF
      224 Washington St, Rensselaer, IN 47978-2822
      View Details
    • Value Estimation by Request
      1,120 SF

      119 Frnt St

      OFFICE (GENERAL) • 1,120 SF
      119 Frnt St, Rensselaer, IN 47978-2645
      View Details
    • Value Estimation by Request
      19,188 SF

      1027 College Ave

      OFFICE (GENERAL) • 19,188 SF
      1027 College Ave, Rensselaer, IN 47978-8482
      View Details
    • Value Estimation by Request
      9,986 SF

      615 Clark St

      OFFICE (GENERAL) • 9,986 SF
      615 Clark St, Rensselaer, IN 47978-2213
      View Details

    Similar Nearby for Sale

    • $199,000
      2,160 SF

      Renovated Office Space, Prime Location

      Modern, ADA accessible office space with long-term tenant.
      210 E Washington St, Rensselaer, IN 47978
      View Details
    • $399,000
      4,846 SF

      Rensselaer Mixed-Use Investment Opportunity

      Renovated mixed-use property in Rensselaer's business district with immediate income.
      206 W Washington St, Rensselaer, IN 47978
      View Details
    • $325,000
      5,000 SF

      Rensselaer Commercial Building For Sale

      5,000 sq ft commercial building in a prime location.
      507 S College Ave, Rensselaer, IN 47978
      View Details
    • $179,900
      0.06 Acres

      Established Downtown Rensselaer Cafe

      Turnkey Restaurant w/Office Space
      112 Van Rensselaer St, Rensselaer, IN 47978
      View Details
    • $140,000
      0.52 Acres

      Rensselaer Corner Development Site

      0.52 AC corner lot suitable for retail or QSR.
      1015 N Mckinley Ave, Rensselaer, IN 47978
      View Details
    • Contact for pricing
      0.52 Acres

      Residential Land in Sherwood Forest

      Half-acre lot with mature trees, ideal for building a home.
      0-lot S 1000 W, Rensselaer, IN 47978
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,880 SF

      Grocery Anchored Shopping Center

      Retail space in Rensselaer's College Square Plaza.
      396-732 S College Ave, Rensselaer, IN 47978
      View Details
    • Contact for pricing

      Grocery Anchored Shopping Center

      Prime retail space in Rensselaer's College Square Plaza.
      South College Ave, Rensselaer, IN 47978
      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.
    124 Washington St
    Rensselaer, IN 47978-2820
    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.