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    Property profile & analytics

    1840 Main St Rushville, IN 46173-9316

    • Turn key restaurants
    • 0.81 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 04, 2021
    Location Intelligence
    Property ID
    US31-3422223
    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

    • Wendy's / Fast Food Restaurant / Breakfast Restaurant

    Property Details for 1840 Main St

    Year built
    2020
    Lot size
    0.81 lot acres
    Property type
    Turn key restaurants
    APN
    70-07-29-351-022.000-011
    APU
    700729351022000011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rushville
    County
    Rush
    State
    Indiana
    Longitude
    -85.4445
    Latitude
    39.6292

    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
    $24,078
    $167,300
    $635,300
    $802,600
    -
    $167,300
    $635,300
    $802,600

    Comparable in this City

    • Value Estimation
      $335,000
      2,379 SF

      1626 Main St

      RESTAURANT • 2,379 SF
      1626 Main St, Rushville, IN 46173-1121
      View Details
    • Value Estimation
      $270,000
      2,237 SF

      732 Main St

      RESTAURANT • 2,237 SF
      732 Main St, Rushville, IN 46173-1659
      View Details
    • Value Estimation
      $315,000
      2,317 SF

      1004 3rd St

      RESTAURANT • 2,317 SF
      1004 3rd St, Rushville, IN 46173
      View Details
    • Value Estimation
      $240,000
      8,436 SF

      113 Morgan St

      RESTAURANT • 8,436 SF
      113 Morgan St, Rushville, IN 46173-1913
      View Details
    • Value Estimation by Request
      13,456 SF

      309-313 Main St

      RESTAURANT • 13,456 SF
      309-313 Main St, Rushville, IN 46173
      View Details
    • Value Estimation
      $310,000
      2,934 SF

      302 2nd St

      RESTAURANT • 2,934 SF
      302 2nd St, Rushville, IN 46173-1808
      View Details

    Similar Nearby for Sale

    • $1,246,625
      9,973 SF

      Freestanding Dollar Tree Investment Opportunity

      NN leased Dollar Tree with corporate guaranty for sale.
      1707 N Main St, Rushville, IN 46173
      View Details
    • Contact for pricing
      7,000 SF

      Rushville Shopping Center Investment

      7,000 SF Retail Center, High Traffic Area
      1500 Main St, Rushville, IN 46173
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    • $325,000
      11,720 SF

      Rushville Retail Space: High Traffic Location

      Prime 11,720 sq ft retail building, ample parking.
      302 Main St, Rushville, IN 46173
      View Details
    • $195,000
      0.30 Acres

      Rushville Triplex: Investment Opportunity

      Triplex in Rushville, Indiana, ready for move-in or rental.
      602 W 10Th St, Rushville, IN 46173
      View Details
    • $494,900
      8,336 SF

      Rushville Mixed-Use Commercial Property

      Prime Location, High Traffic, Huge Potential
      113 Morgan St, Rushville, IN 46173
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      77,156 SF

      Rushville Kroger Center: Prime Retail Space

      Grocery-anchored center; high-traffic location; space available.
      210 Main St, Rushville, IN 46173
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space Available in Rushville

      1,200 SF endcap space with strong co-tenants.
      1520-1552 N Main St, Rushville, IN 46173
      View Details
    • Contact for pricing
      1,200 SF

      Rushville Retail Space - Main St.

      High-traffic retail space, 1200 sq ft.
      1500 Main St, Rushville, IN 46173
      View Details
    • Contact for pricing
      9,700 SF

      Retail Space in Kroger Anchored Center

      Retail space available in Rushville's top grocery sales center.
      202-212 S Main St, Rushville, IN 46173
      View Details
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    1840 Main St
    Rushville, IN 46173-9316
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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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