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    Property profile & analytics

    140 Mdw Lk Dr Mooresville, IN 46158-1497

    • Office Properties & Spaces
    • 1,257 SF
    OFF-MARKET
    Value Estimation
    $310,000
    Last Sale
    Feb 16, 2022
    Location Intelligence
    Property ID
    US31-3208602
    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

    • Blake M Designs / Graphic Designer

    Property Details for 140 Mdw Lk Dr

    Year built
    2011
    Construction
    WOOD
    Property size
    1,257 SF
    Property type
    Office Properties & Spaces
    APN
    55-02-30-321-003.006-005
    APU
    550230321003006005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mooresville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.3543
    Latitude
    39.6245
    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
    $3,891
    $0.00
    $286,300
    $286,300
    -
    $0.00
    $286,300
    $286,300

    Comparable in this City

    • Value Estimation by Request
      2,483 SF

      148 Main St

      OFFICE (GENERAL) • 2,483 SF
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    • Value Estimation by Request
      8,960 SF

      345 Carlisle St

      OFFICE (GENERAL) • 8,960 SF
      345 Carlisle St, Mooresville, IN 46158-2855
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    • Value Estimation by Request
      3,200 SF

      471 Samuel Moore Pkwy

      OFFICE (GENERAL) • 3,200 SF
      471 Samuel Moore Pkwy, Mooresville, IN 46158-1333
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    • Value Estimation by Request
      330 SF

      Tidewater Rd

      OFFICE (GENERAL) • 330 SF
      Tidewater Rd, Mooresville, IN 46158
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    • Value Estimation by Request
      18,152 SF

      33 Indiana St

      OFFICE (GENERAL) • 18,152 SF
      33 Indiana St, Mooresville, IN 46158-1647
      View Details
    • Value Estimation
      $350,000
      3,471 SF

      5229-5239 Es R 144

      OFFICE (GENERAL) • 3,471 SF
      5229-5239 Es R 144, Mooresville, IN 46158
      View Details

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      Well-maintained commercial property with flexible spaces and high visibility.
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    • $299,000
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      Downtown Mooresville Office with Visibility

      2480 SF office in downtown Mooresville with living area.
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    Similar Nearby for Lease

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      248,000 SF

      Industrial Park Distribution Warehouse Space

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      30,000 SF

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      60,000 SF

      Mooresville Retail Development Opportunity

      60,000 SF Buildable Retail Space
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    Mooresville, IN 46158-1497
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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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