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    19003 Us Hwy 6th 6 New Paris, IN 46553-9763

    • Office Properties & Spaces
    • 23,179 SF
    • 3.78 lot acres
    OFF-MARKET
    Value Estimation
    $510,000
    Last Sale
    Dec 06, 2023
    Location Intelligence
    Property ID
    US31-1230915
    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 19003 Us Hwy 6th 6

    Year built
    1860
    Construction
    WOOD
    Lot size
    3.78 lot acres
    Property size
    23,179 SF
    Zone code
    ZO01
    Property type
    Office Properties & Spaces
    APN
    20-15-28-400-010.000-018
    APU
    201528400010000018

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $525,000

    • CAP approach

      CAP return
      Estimation
      6%
      $650,000
      6.5%
      $595,000
      7%
      $570,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $645,000
      Geo Method
      $520,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $585,000
      Retail
      $485,000
      Mixed-Use
      $470,000
      Hospitality
      $535,000
      Educational
      $550,000
      Residential Income
      $525,000
      Energy
      $580,000
      Income-Based Land
      $470,000
      Food Service
      $585,000

    Location Insight

    • Map
    • Local Demand
    City
    New Paris
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.8271
    Latitude
    41.4499
    CBSA code
    21140
    CBSA name
    ELKHART-GOSHEN, 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
    $245
    $70,800
    $483,800
    $554,600
    -
    $70,800
    $483,800
    $554,600

    Comparable in this City

    • Value Estimation by Request
      2,016 SF

      18121 County Rd 29

      OFFICE (GENERAL) • 2,016 SF
      18121 County Rd 29, New Paris, IN 46553-5601
      View Details
    • Value Estimation
      $305,000
      9,282 SF

      19066 3rd St

      OFFICE (GENERAL) • 9,282 SF
      19066 3rd St, New Paris, IN 46553-9252
      View Details
    • Value Estimation
      $655,000
      49,734 SF

      68080 County Rd 23

      OFFICE (GENERAL) • 49,734 SF
      68080 County Rd 23, New Paris, IN 46553-9707
      View Details
    • Value Estimation by Request
      1,960 SF

      19265 Tarman Rd

      OFFICE (GENERAL) • 1,960 SF
      19265 Tarman Rd, New Paris, IN 46553
      View Details
    • Value Estimation by Request
      11,000 SF

      26984 County Rd 46

      OFFICE (GENERAL) • 11,000 SF
      26984 County Rd 46, New Paris, IN 46553
      View Details
    • Value Estimation
      $350,000
      7,152 SF

      70765 County Rd 23

      OFFICE (GENERAL) • 7,152 SF
      70765 County Rd 23, New Paris, IN 46553-9771
      View Details
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    19003 Us Hwy 6th 6
    New Paris, IN 46553-9763
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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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