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    Property profile & analytics

    201 Michigan St Walkerton, IN 46574-1269

    • Residential income homes
    • 1,964 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    Apr 02, 2024
    Location Intelligence
    Property ID
    US31-1568414
    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

    • Residential income homes

    Property Details for 201 Michigan St

    Year built
    1986
    Construction
    WOOD
    Lot size
    0.22 lot acres
    Property size
    1,964 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    71-16-24-328-001.000-015
    APU
    711624328001000015

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Walkerton
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.4813
    Latitude
    41.468
    CBSA code
    43780
    CBSA name
    SOUTH BEND-MISHAWAKA, IN-MI 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
    $1,801
    $15,000
    $71,900
    $86,900
    -
    $15,000
    $71,900
    $86,900

    Comparable in this City

    • Value Estimation by Request
      3,432 SF

      507 Ohio St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,432 SF
      507 Ohio St, Walkerton, IN 46574-1147
      View Details
    • Value Estimation
      $300,000
      2,784 SF

      600 Blk Jackson N St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,784 SF
      600 Blk Jackson N St, Walkerton, IN 46574
      View Details
    • Value Estimation
      $300,000
      4,976 SF

      600 Roosevelt Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,976 SF
      600 Roosevelt Rd, Walkerton, IN 46574-1218
      View Details
    • Value Estimation
      $330,000
      2,784 SF

      Cor Of Jackson Illinois S

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,784 SF
      Cor Of Jackson Illinois S, Walkerton, IN 46574
      View Details
    • Value Estimation by Request
      3,432 SF

      505 Ohio St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,432 SF
      505 Ohio St, Walkerton, IN 46574-1146
      View Details
    • Value Estimation
      $255,000
      3,559 SF

      612 Roosevelt Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,559 SF
      612 Roosevelt Rd, Walkerton, IN 46574-1218
      View Details

    Similar Nearby for Sale

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    • $32,000
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      Land Near Fish Lake, IN

      Vacant lot within walking distance to Fish Lake amenities.
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    • Contact for pricing
      Pending

      Vacant Land Near Lower Fish

      Unimproved land available near Lower Fish Lake in Walkerton, Indiana.
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    201 Michigan St
    Walkerton, IN 46574-1269
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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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