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    Property profile & analytics

    16393 Sr 48 Aurora, IN 47001

    • Office Properties & Spaces
    • 4,600 SF
    • 1.46 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Location Intelligence
    Property ID
    US31-2860795
    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

    • Office Properties & Spaces

    Property Details for 16393 Sr 48

    Year built
    1870
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.46 lot acres
    Property size
    4,600 SF
    Property type
    Office Properties & Spaces
    APN
    15-08-12-400-151.000-019
    APU
    150812400151000019

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Dearborn
    State
    Indiana
    Longitude
    -84.9344
    Latitude
    39.1076
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-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
    $6,900
    $173,400
    $180,300
    -
    $6,900
    $173,400
    $180,300

    Comparable in this City

    • Value Estimation
      $360,000
      975 SF

      8104 Us Hwy 50

      OFFICE (GENERAL) • 975 SF
      8104 Us Hwy 50, Aurora, IN 47001-9134
      View Details
    • Value Estimation
      $645,000
      42,654 SF

      Washington St

      OFFICE (GENERAL) • 42,654 SF
      Washington St, Aurora, IN 47001
      View Details
    • Value Estimation
      $285,000
      4,656 SF

      437 2nd St

      OFFICE (GENERAL) • 4,656 SF
      437 2nd St, Aurora, IN 47001-1325
      View Details
    • Value Estimation by Request
      18,392 SF

      218 3rd St

      OFFICE (GENERAL) • 18,392 SF
      218 3rd St, Aurora, IN 47001-1308
      View Details
    • Value Estimation by Request
      16,974 SF

      County Farm Rd

      OFFICE (GENERAL) • 16,974 SF
      County Farm Rd, Aurora, IN 47001
      View Details
    • Value Estimation by Request
      5,600 SF

      11636 County Farm Rd

      OFFICE (GENERAL) • 5,600 SF
      11636 County Farm Rd, Aurora, IN 47001-8758
      View Details

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    16393 Sr 48
    Aurora, IN 47001
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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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