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    Property profile & analytics

    17 Ml St Shelburn, IN 47879-1507

    • Turn key restaurants
    • 3,816 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 02, 2024
    Location Intelligence
    Property ID
    US31-1217197
    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

    • Turn key restaurants

    Property Details for 17 Ml St

    Year built
    1890
    Construction
    WOOD
    Lot size
    0.12 lot acres
    Property size
    3,816 SF
    Property type
    Turn key restaurants
    APN
    77-02-34-441-052.000-005
    APU
    770234441052000005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelburn
    County
    Sullivan
    State
    Indiana
    Longitude
    -87.393
    Latitude
    39.1777
    CBSA code
    45460
    CBSA name
    TERRE HAUTE, 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
    2022
    $716
    $4,400
    $21,100
    $25,500
    -
    $4,400
    $21,100
    $25,500

    Comparable in this City

    • Value Estimation by Request
      960 SF

      Hwy 41st S

      RESTAURANT • 960 SF
      Hwy 41st S, Shelburn, IN 47879
      View Details
    • Value Estimation by Request
      4,368 SF

      824 Washington St

      RESTAURANT • 4,368 SF
      824 Washington St, Shelburn, IN 47879-8102
      View Details
    • Value Estimation
      $285,000
      900 SF

      722 Walnut St

      CONVENIENCE STORE • 900 SF
      722 Walnut St, Shelburn, IN 47879-1024
      View Details
    • Value Estimation by Request
      720 SF

      5273 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 720 SF
      5273 Ctr St, Shelburn, IN 47879-8005
      View Details
    • Value Estimation by Request
      2,500 SF

      351 Ml St

      AUTO REPAIR, GARAGE • 2,500 SF
      351 Ml St, Shelburn, IN 47879-1419
      View Details
    • Value Estimation by Request
      1,440 SF

      6959 Us Hwy 41

      CAR WASH • 1,440 SF
      6959 Us Hwy 41, Shelburn, IN 47879-8224
      View Details

    Similar Nearby for Sale

    • $360,000
      11,572 SF

      2453 In-48

      Self storage facilities • 11,572 SF
      2453 In-48, Shelburn, IN 47879
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    • $449,900
      21.00 Acres

      Highway Frontage Commercial Land

      Prime commercial land with highway frontage and city utilities.
      Us Highway 41 N, Shelburn, IN 47879
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    • $100,000
      5.00 Acres

      Cleared Land Near Highway 41

      5 acres of cleared land suitable for business or residential use.
      5 Acres Ml St, Shelburn, IN 47879
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    • $1,040,000
      164.00 Acres

      Trophy Whitetail Property in Shelburn, IN

      164 acres of premier deer and turkey habitat with income potential.
      Co Rd 600 N, Shelburn, IN 47879
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    17 Ml St
    Shelburn, IN 47879-1507
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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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