Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1383 Division St Noblesville, IN 46060-2926
    Back to Search
    Property profile & analytics

    1383 Division St, Noblesville, IN 46060-2926

    View on Map
    • Specialty properties
    • 0.17 lot acres
    Off-Market
    Last Sale Jan 16, 2025
    Property ID
    US31-0672667
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 1383 Division St

    Lot size
    0.17 lot acres
    Property type
    Specialty properties
    APN
    29-11-06-103-011.000-013
    APU
    291106103011000013

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 6, 2023 — Habitat Development Corp Habitat For Humanity Of Greater Ind Re-recorded Document · related —
    Oct 27, 2023 — Habitat Development Corp Habitat For Humanity Of Greater Ind Warranty Deed —
    Dec 22, 2020 — Habitat For Humanity Of Grtr Indi Bledsoe Winford Trust Grant Deed · related —
    Mar 1, 2019 — Bledsoe,winford Trust Bledsoe,winford Quit Claim Deed · related —
    Feb 22, 2019 — Winford Bledsoe Bledsoe,dorothy Affidavit Of Death · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Noblesville
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.0076
    Latitude
    40.0421
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN 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
    $0.00
    $27,500
    $0.00
    $27,500
    -
    $27,500
    $0.00
    $27,500

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      Division St

      CHARITABLE ORGANIZATION
      Division St, Noblesville, IN 46060
      View Details
    • Value Estimation by Request
      0.03 Acres

      698 10th St

      CHARITABLE ORGANIZATION
      698 10th St, Noblesville, IN 46060-1901
      View Details
    • Value Estimation by Request
      0.23 Acres

      8th St

      CHARITABLE ORGANIZATION
      8th St, Noblesville, IN 46060
      View Details
    • Value Estimation by Request
      0.21 Acres

      1150 Logan St

      FUNERAL HOME
      1150 Logan St, Noblesville, IN 46060-2345
      View Details
    • Value Estimation by Request
      0.10 Acres

      1391 Greenfield Ave

      CHARITABLE ORGANIZATION
      1391 Greenfield Ave, Noblesville, IN 46060-3846
      View Details
    • Value Estimation by Request
      0.10 Acres

      16th St

      CHARITABLE ORGANIZATION
      16th St, Noblesville, IN 46060
      View Details

    Similar Nearby for Sale

    • $1,750,000

      Commercial Property in Noblesville, Indiana

      Commercial property for sale in Hamilton County, Indiana.
      10511 Greenfield Ave, Noblesville, IN 46060
      View Details
    • Contact for pricing
      3,725 SF

      Noblesville Retail Investment Opportunity

      NNN leased retail property in prime Noblesville corridor.
      17833 Foundation Dr, Noblesville, IN 46060
      View Details
    • $299,900
      2,000 SF

      Historic Schoolhouse with Garden Potential

      Historic schoolhouse (built in 1898) with garden and redevelopment potential.
      14520 E State Road 38 E, Noblesville, IN 46060
      View Details
    • Contact for pricing
      15,500 SF

      Noblesville Development Opportunity on Greenfield

      10-acre site with 15,000 SF building in booming Hamilton County.
      10511 Greenfield Ave, Noblesville, IN 46060
      View Details
    • Contact for pricing
      1.06 Acres

      Noblesville Commercial Land - Prime Location

      High-traffic retail lot, excellent visibility.
      0 146Th St, Noblesville, IN 46060
      View Details
    • $350,000
      1 SF

      Noblesville Mixed-Use Investment Opportunity

      6.4 Acres, Multiple Units Available
      14358 Bergen Blvd, Noblesville, IN 46060
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Property for Lease

      Commercial property available for lease in Noblesville, Indiana.
      & I-69 Olio Rd, Noblesville, IN 46060
      View Details
    • Contact for pricing

      Industrial Property for Lease

      Industrial property available for lease in Noblesville, Indiana.
      14469 Olio Rd, Noblesville, IN 46060
      View Details
    • Contact for pricing
      31,511 SF

      Industrial Space in Noblesville

      Industrial property available for lease in Noblesville, Indiana.
      11500 E 146Th St, Noblesville, IN 46060
      View Details
    • Contact for pricing

      Versatile Flex Space for Rent

      Warehouse, office, and flex spaces available for small businesses.
      605 Sheridan Rd, Noblesville, IN 46060
      View Details
    • Contact for pricing
      22,000 SF

      New Industrial Space Available Soon

      New industrial development offering flexible leasing options, available July 2026.
      14383 Herriman Blvd, Noblesville, IN 46060
      View Details
    • Contact for pricing

      Noblesville Warehouse Space Available

      Warehouse space available for rent in Noblesville, Indiana.
      9748 E 151 St, Noblesville, IN 46060
      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.
    1383 Division St
    Noblesville, IN 46060-2926
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1383 Division St, Noblesville, IN, 46060
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!