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Property profile

1799 Michele Ln Greenwood, IN 46142

OFF-MARKET
Other office properties
Property ID
US31-0810296
3,920 SF 0.41 ac lot Built 1985
Last sale Jun 2009 · $385,000
Individually Owned Owner of record is an individual. 17-yr Hold Held for 17 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial building located off the 135 corridor in Center Grove on a 0.41-acre lot. It contains nearly 4,000 square feet of interior space with a parking lot sized to accommodate up to 28 vehicles. The building has two main entrances, with access on both the north and south sides, and supports multiple tenants through two exterior signs. Interior features include 14-foot ceilings, laminate flooring, natural light from several 8-foot by 4-foot windows, and multiple skylights.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$441k
Assessed land$279k
Assessed improvement$162k
Effective rate1.21%

Value estimate

· Oct 2026
$250k
$225k – $275k
AI approach$250k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$983/SF
Submarket average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$80 – $2,385
Qualifying comparables7

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: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop12.3
Law Firm11.8
HVAC Service10.8

Location

1799 Michele Ln Greenwood, IN 46142-1329
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
450 State Rd 135, Greenwood, IN 46142-1455 $895,000 Apr 2025 5,280 SF
918 Fry, Greenwood, IN 46142-1819 $675,000 Dec 2023 5,453 SF
165 Madison, Greenwood, IN 46142-3572 $825,000 Apr 2022 5,433 SF
488 State Rd 135, Greenwood, IN 46142-1424 $650,000 Jul 2020 4,201 SF
1901 Breckenmore, Greenwood, IN 46142-1300 $730,000 Jan 2020 4,252 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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