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    Property profile & analytics

    203 Us Hwy 27 Fountain City, IN 47341

    • Retail space
    • 2,888 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US31-1337161
    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

    • Village Shoppers / Grocery Store
    • First Financial Bank - ATM / Atm
    • Martin´s Country Mart / Food Store

    Property Details for 203 Us Hwy 27

    Year built
    1964
    Construction
    WOOD
    Lot size
    0.22 lot acres
    Property size
    2,888 SF
    Zone code
    ZO01
    Property type
    Retail space
    APN
    89-07-01-130-710.000-023
    APU
    890701130710000023

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $365,000
      7%
      $375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $355,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $325,000
      Retail
      $310,000
      Mixed-Use
      $330,000
      Hospitality
      $320,000
      Educational
      $285,000
      Residential Income
      $370,000
      Energy
      $355,000
      Income-Based Land
      $315,000
      Food Service
      $380,000

    Location Insight

    • Map
    • Local Demand
    City
    Fountain City
    County
    Wayne
    State
    Indiana
    Longitude
    -84.9169
    Latitude
    39.9547
    CBSA code
    39980
    CBSA name
    RICHMOND, 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
    2022
    $1,926
    $1,800
    $61,600
    $63,400
    -
    $1,800
    $61,600
    $63,400

    Comparable in this City

    • Value Estimation by Request
      220 SF

      201 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 220 SF
      201 Walnut St, Fountain City, IN 47341
      View Details
    • Value Estimation
      $275,000
      2,624 SF

      401 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,624 SF
      401 Main St, Fountain City, IN 47341
      View Details
    • Value Estimation by Request
      1,140 SF

      101 Ss St

      RETAIL STORES (PERSONAL SERVICES) • 1,140 SF
      101 Ss St, Fountain City, IN 47341-9439
      View Details
    • Value Estimation
      $300,000
      2,973 SF

      114 Us Hwy 27

      RETAIL STORES (PERSONAL SERVICES) • 2,973 SF
      114 Us Hwy 27, Fountain City, IN 47341
      View Details
    • Value Estimation
      $930,000
      20,440 SF

      1140 Whitewater Rd

      GROCERY, SUPERMARKET • 20,440 SF
      1140 Whitewater Rd, Fountain City, IN 47341-9540
      View Details
    • Value Estimation by Request
      0.14 Acres

      203 Walnut St

      SHOW ROOM, WAREHOUSE • 0.14 Acres
      203 Walnut St, Fountain City, IN 47341
      View Details
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    203 Us Hwy 27
    Fountain City, IN 47341
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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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