Financial
Distress signals
Property profile

1540 Morton St Franklin, IN 46131

OFF-MARKET
Outlet malls
Property ID
US31-0618742
69,988 SF 9 ac lot Built 1986
Last sale Apr 2012
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of approximately 7,030 square feet of inline retail space. It is located along US 31/Morton Street in Franklin, Indiana, within an established retail corridor, adjacent to retail users including Tractor Supply and Aldi. The building’s positioning along this main road provides visibility and convenient access for customers driving through the corridor.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$68k
Tax billed · 2023
Assessed value$2.35M
Assessed land$934k
Assessed improvement$1.42M
Effective rate2.90%

Value estimate

· Sep 2026
$5.56M
$5.00M – $6.11M
Sales comparison$6.42M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$140/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$65 – $198

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionJOHNSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.5
Building Supply20.0
Wholesale Shop18.5

Location

1540 Morton St Franklin, IN 46131-1256
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

11 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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