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

    1527 Main St Elwood, IN 46036-2022

    • Medical offices
    • 5,000 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $490,000
    Last Sale
    Dec 03, 2020
    Location Intelligence
    Property ID
    US31-0708130
    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

    • Medical offices

    Property Details for 1527 Main St

    Year built
    2021
    Construction
    WOOD
    Lot size
    0.23 lot acres
    Property size
    5,000 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    48-04-15-202-061.000-027
    APU
    480415202061000027

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elwood
    County
    Madison
    State
    Indiana
    Longitude
    -85.8406
    Latitude
    40.2767
    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
    $20,088
    $34,500
    $635,100
    $669,600
    -
    $34,500
    $635,100
    $669,600

    Comparable in this City

    • Value Estimation by Request
      0.06 Acres

      P St

      MEDICAL BUILDING • 0.06 Acres
      P St, Elwood, IN 46036
      View Details
    • Value Estimation
      $620,000
      11,421 SF

      1515 19th St

      MEDICAL BUILDING • 11,421 SF
      1515 19th St, Elwood, IN 46036-2941
      View Details
    • Value Estimation
      $335,000
      7,200 SF

      212 Anderson St

      MEDICAL BUILDING • 7,200 SF
      212 Anderson St, Elwood, IN 46036
      View Details
    • Value Estimation by Request
      0.17 Acres

      Sn St

      MEDICAL BUILDING • 0.17 Acres
      Sn St, Elwood, IN 46036
      View Details
    • Value Estimation by Request
      0.17 Acres

      P St

      MEDICAL BUILDING • 0.17 Acres
      P St, Elwood, IN 46036
      View Details
    • Value Estimation by Request
      40,662 SF

      1331 A St

      MEDICAL BUILDING • 40,662 SF
      1331 A St, Elwood, IN 46036-1942
      View Details

    Similar Nearby for Sale

    • $750,000
      13,798 SF

      Elwood Retail Redevelopment Opportunity

      Prime Downtown Elwood Location, Vacant, 13,798 SF
      101 Anderson St, Elwood, IN 46036
      View Details
    • $749,000
      13,798 SF

      Downtown Elwood Retail Space

      Prime Location, High Visibility, 13,798 sq ft
      101 Anderson St, Elwood, IN 46036
      View Details
    • $350,000
      8,120 SF

      Versatile Commercial Property on State Road

      4.09 acres with warehouse, office, parking, and billboard rights.
      7874 E State Road 28, Elwood, IN 46036
      View Details
    • Contact for pricing
      0.39 Acres

      Elwood, Indiana Residential Triple Lot

      Three residential lots in Elwood, Indiana, ready for building.
      1218 S 24Th St, Elwood, IN 46036
      View Details
    • $385,000
      13.78 Acres

      Elwood Industrial Land - $385K

      13.78 Acres, Heavy Industrial Zoning
      1000 9Th St, Elwood, IN 46036
      View Details
    • $275,000
      24,870 SF

      Historic Elwood Commercial Building

      Spacious 24,870 sq ft, prime downtown location.
      1601 Main St, Elwood, IN 46036
      View Details

    Similar Nearby for Lease

    • $35 SF/Yr
      3,236 SF

      Elwood Coworking Space Available

      Prime Elwood location, versatile office & flex space.
      1600 A St, Elwood, IN 46036
      View Details
    • $12 SF/Yr
      4,040 SF

      Park Plaza Shopping Center Office

      Office space available in Park Plaza Shopping Center.
      7408 W State Road 28, Elwood, IN 46036
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space with Ample Parking

      Retail space with easy access and strong visibility available for rent.
      539 Main St, Elwood, IN 46036
      View Details
    • $14 SF/Yr
      4,020 SF

      Elwood Retail Space Available

      Retail property available for lease in Elwood, Indiana.
      1515 S State Road 37, Elwood, IN 46036
      View Details
    • Contact for pricing
      4,000 SF

      Elwood Retail Space: Prime Location

      4,000 SF Retail Building, Ample Parking
      7826 In-28, Elwood, IN 46036
      View Details
    • $7,500 /Mo
      8,000 SF

      Elwood Warehouse Space Available

      8,000 SF warehouse space for lease in Elwood, Indiana.
      2635 S F St, Elwood, IN 46036
      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.
    1527 Main St
    Elwood, IN 46036-2022
    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.