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    Property profile & analytics

    202 State Rd 15 La Fontaine, IN 46940-9122

    • Turn key restaurants
    • 1,624 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Mar 10, 2024
    Location Intelligence
    Property ID
    US31-2374763
    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

    • Turn key restaurants

    Property Details for 202 State Rd 15

    Year built
    2013
    Construction
    WOOD
    Lot size
    0.75 lot acres
    Property size
    1,624 SF
    Property type
    Turn key restaurants
    APN
    85-19-27-403-053.000-006
    APU
    851927403053000006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Fontaine
    County
    Wabash
    State
    Indiana
    Longitude
    -85.724
    Latitude
    40.6708
    CBSA code
    47340
    CBSA name
    WABASH, 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
    $4,076
    $23,400
    $136,200
    $159,600
    -
    $23,400
    $136,200
    $159,600

    Comparable in this City

    • Value Estimation
      $325,000
      3,192 SF

      101 Thomas Rd

      CONVENIENCE STORE • 3,192 SF
      101 Thomas Rd, La Fontaine, IN 46940-9120
      View Details
    • Value Estimation by Request
      0.40 Acres

      203 Logan St

      RETAIL STORES (PERSONAL SERVICES) • 0.40 Acres
      203 Logan St, La Fontaine, IN 46940
      View Details
    • Value Estimation by Request
      2,160 SF

      2 Wabash Ave

      AUTO REPAIR, GARAGE • 2,160 SF
      2 Wabash Ave, La Fontaine, IN 46940
      View Details
    • Value Estimation by Request
      6,150 SF

      17 Branson St

      RETAIL STORES (PERSONAL SERVICES) • 6,150 SF
      17 Branson St, La Fontaine, IN 46940
      View Details
    • Value Estimation by Request
      3,024 SF

      12 Wabash Ave

      AUTO REPAIR, GARAGE • 3,024 SF
      12 Wabash Ave, La Fontaine, IN 46940
      View Details
    • Value Estimation
      $430,000
      8,320 SF

      200 Bruner Pike

      RETAIL STORES (PERSONAL SERVICES) • 8,320 SF
      200 Bruner Pike, La Fontaine, IN 46940-9365
      View Details
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    202 State Rd 15
    La Fontaine, IN 46940-9122
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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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