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Property profile & analytics

202 State St Ashley, IN 46705-5220

  • Retail space
  • 2,495 SF
  • 0.08 lot acres
OFF-MARKET
Value Estimation
Last Sale
Aug 19, 2024
Location Intelligence
Property ID
US31-1092414
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

  • Deano's Diner / American Restaurant
  • Deano's Diner LLC / Diner

Property Details for 202 State St

Year built
1900
Construction
WOOD
Lot size
0.08 lot acres
Property size
2,495 SF
Property type
Retail space
APN
17-02-06-226-016.000-019
APU
170206226016000019

Description

This exceptional commercial property presents a unique investment opportunity in the heart of Ashley, Indiana. Located at 202 W State Street, this established diner boasts a highly visible location on State Road 4, ensuring consistent traffic and brand recognition within the Ashley/Hudson community. The property encompasses a substantial 3,485 square feet of space situated on a 0.08-acre lot. The asking price of $124,900 includes all existing equipment and real estate, offering a turnkey business acquisition. This well-established diner has served the local community for many years, providing a solid foundation for a new owner. While some cosmetic updates may enhance the property's appeal, the existing infrastructure and equipment are in place, minimizing initial investment requirements. The property's prime location and established clientele base make it an attractive proposition for both seasoned restaurateurs and first-time business owners seeking a profitable venture. The opportunity to acquire a fully operational business, including land and equipment, at a competitive price point, makes this a truly compelling investment. This is a chance to own a piece of Ashley's history and shape its future. Serious inquiries are encouraged.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Ashley
County
Dekalb
State
Indiana
Longitude
-85.0671
Latitude
41.5268
CBSA code
12140
CBSA name
AUBURN, 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
$1,180
$5,200
$53,700
$58,900
-
$5,200
$53,700
$58,900
More about this property
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