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    Property profile & analytics

    1921 53rd St Anderson, IN 46013-3164

    • Outlet malls
    • 34,200 SF
    • 2.98 lot acres
    OFF-MARKET
    Value Estimation
    $705,000
    Location Intelligence
    Property ID
    US31-0251057
    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

    • Rex Teeple, OD / Sunglasses Store / Optometrist
    • Kiersten M. Nelson, OD / Doctor / Optometrist
    • MyEyeDr. / Eye Care Center / Contact Lenses Supplier
    • David J. Millikan, OD / Optometrist / Contact Lenses Supplier
    • Albert Happel, OD / Optometrist / Optician

    Property Details for 1921 53rd St

    Year built
    1986
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.98 lot acres
    Property size
    34,200 SF
    Property type
    Outlet malls
    APN
    48-12-31-100-005.000-003
    APU
    481231100005000003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $700,000

    • CAP approach

      CAP return
      Estimation
      6%
      $900,000
      6.5%
      $825,000
      7%
      $865,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $775,000
      Geo Method
      $830,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $770,000
      Retail
      $850,000
      Mixed-Use
      $720,000
      Hospitality
      $680,000
      Educational
      $780,000
      Residential Income
      $750,000
      Energy
      $875,000
      Income-Based Land
      $815,000
      Food Service
      $745,000

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.6545
    Latitude
    40.0613
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, 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
    $32,775
    $418,800
    $593,700
    $1,012,500
    -
    $418,800
    $593,700
    $1,012,500

    Comparable in this City

    • Value Estimation by Request
      214,395 SF

      4930 Scatterfield Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 214,395 SF
      4930 Scatterfield Rd, Anderson, IN 46013
      View Details
    • Value Estimation
      $755,000
      25,547 SF

      3632 Scatterfield Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 25,547 SF
      3632 Scatterfield Rd, Anderson, IN 46013-2134
      View Details
    • Value Estimation
      $380,000
      7,360 SF

      1313 38th St

      WHOLESALE OUTLET, DISCOUNT STORE • 7,360 SF
      1313 38th St, Anderson, IN 46013
      View Details
    • Value Estimation by Request
      140,429 SF

      3335 Scatterfield Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 140,429 SF
      3335 Scatterfield Rd, Anderson, IN 46013-2127
      View Details
    • Value Estimation by Request
      173,030 SF

      2245 67th St

      WHOLESALE OUTLET, DISCOUNT STORE • 173,030 SF
      2245 67th St, Anderson, IN 46013-9591
      View Details
    • Value Estimation
      $845,000
      6,789 SF

      923 38th St

      WHOLESALE OUTLET, DISCOUNT STORE • 6,789 SF
      923 38th St, Anderson, IN 46013
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      6,000 SF

      Retail Space Near Interstate 69

      Retail space for lease near Interstate 69 in Anderson.
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      Retail space available in grocery-anchored shopping center.
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      Retail Space on Scatterfield Road

      Retail space available near Walmart Supercenter and Kohl’s.
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      Retail Space on Scatterfield Road

      Retail space available near Walmart, Kohl’s, Marshalls, and more.
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      Retail Space on Scatterfield Road

      Retail space available near Walmart Supercenter and other retailers.
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    • $9 SF/Yr
      25,547 SF

      Adaptable Retail Space in Anderson

      Versatile retail building in a high-traffic commercial area.
      3632 S Scatterfield Rd, Anderson, IN 46013
      View Details
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    1921 53rd St
    Anderson, IN 46013-3164
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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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