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    Property profile & analytics

    2 Franklin St Knightstown, IN 46148-1222

    • Grocery and convenience stores
    • 2,001 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Last Sale
    May 24, 2022
    Location Intelligence
    Property ID
    US31-2122838
    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

    • Grocery and convenience stores

    Property Details for 2 Franklin St

    Year built
    1998
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.26 lot acres
    Property size
    2,001 SF
    Property type
    Grocery and convenience stores
    APN
    33-16-33-232-277.000-030
    APU
    331633232277000030

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Knightstown
    County
    Henry
    State
    Indiana
    Longitude
    -85.5277
    Latitude
    39.7956
    CBSA code
    35220
    CBSA name
    NEW CASTLE, IN MICROPOLITAN 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
    $9,420
    $112,500
    $201,500
    $314,000
    -
    $112,500
    $201,500
    $314,000

    Comparable in this City

    • Value Estimation by Request
      13,336 SF

      6190 State Rd 109

      CONVENIENCE STORE • 13,336 SF
      6190 State Rd 109, Knightstown, IN 46148-9553
      View Details
    • Value Estimation
      $380,000
      8,050 SF

      9135 Ml Rd

      GROCERY, SUPERMARKET • 8,050 SF
      9135 Ml Rd, Knightstown, IN 46148-9639
      View Details
    • Value Estimation by Request
      2,400 SF

      304 Main St

      CONVENIENCE STORE • 2,400 SF
      304 Main St, Knightstown, IN 46148-1214
      View Details
    • Value Estimation
      $350,000
      2,325 SF

      213 Main St

      CONVENIENCE STORE • 2,325 SF
      213 Main St, Knightstown, IN 46148-1259
      View Details
    • Value Estimation by Request
      6,255 SF

      224 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,255 SF
      224 Main St, Knightstown, IN 46148-1253
      View Details
    • Value Estimation by Request
      16,043 SF

      355 Washington St

      GYM, HEALTH SPA • 16,043 SF
      355 Washington St, Knightstown, IN 46148-1095
      View Details

    Similar Nearby for Sale

    • New
      $2,625,000
      35.00 Acres

      Knightstown Farmland for Commercial Development

      35 acres of farmland ideal for commercial development.
      00 S State Road 109, Knightstown, IN 46148
      View Details
    • $4,500,000
      60.00 Acres

      Prime I-70 Industrial Land

      60 Acres, Knightstown, IN - Development Ready
      0 In-109, Knightstown, IN 46148
      View Details
    • New
      $499,000
      5.30 Acres

      Knightstown Land I-70 Exit Ramp

      5+ acres for commercial development with high visibility.
      S State Road 109, Knightstown, IN 46148
      View Details
    • New
      $1,125,000
      25.00 Acres

      Versatile Land Near I-70 Exit

      25 acres of farmland with commercial conversion potential.
      S State Road 109, Knightstown, IN 46148
      View Details
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    2 Franklin St
    Knightstown, IN 46148-1222
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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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