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    Property profile & analytics

    203 Water St Crawfordsville, IN 47933-2536

    • Residential income homes
    • 9,679 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US31-1612168
    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 203 Water St

    Year built
    1907
    Construction
    WOOD
    Lot size
    0.29 lot acres
    Property size
    9,679 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    54-17-32-443-026.000-030
    APU
    541732443026000030

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $425,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $410,000
      Geo Method
      $355,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $485,000
      Mixed-Use
      $380,000
      Hospitality
      $405,000
      Educational
      $480,000
      Residential Income
      $390,000
      Energy
      $415,000
      Income-Based Land
      $440,000
      Food Service
      $360,000

    Location Insight

    • Map
    • Local Demand
    City
    Crawfordsville
    County
    Montgomery
    State
    Indiana
    Longitude
    -86.8987
    Latitude
    40.0403
    CBSA code
    18820
    CBSA name
    CRAWFORDSVILLE, 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
    $4,053
    $20,900
    $93,200
    $114,100
    -
    $20,900
    $93,200
    $114,100

    Comparable in this City

    • Value Estimation
      $345,000
      4,219 SF

      409 Waynetown Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,219 SF
      409 Waynetown Rd, Crawfordsville, IN 47933-1170
      View Details
    • Value Estimation by Request
      2,160 SF

      107 Blair St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,160 SF
      107 Blair St, Crawfordsville, IN 47933-2308
      View Details
    • Value Estimation
      $345,000
      2,337 SF

      200 Gronert Ln

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,337 SF
      200 Gronert Ln, Crawfordsville, IN 47933-3332
      View Details
    • Value Estimation
      $320,000
      2,304 SF

      306 Mdw Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,304 SF
      306 Mdw Ave, Crawfordsville, IN 47933-2364
      View Details
    • Value Estimation
      $355,000
      3,056 SF

      699 600th S

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,056 SF
      699 600th S, Crawfordsville, IN 47933-6722
      View Details
    • Value Estimation by Request
      1,236 SF

      410 College St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,236 SF
      410 College St, Crawfordsville, IN 47933-2903
      View Details

    Similar Nearby for Sale

    • $195,000

      Move-In Ready Ranch Condo

      2-bed, 2-bath ranch condo in a convenient, quiet location.
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    • $199,000
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      Well-Maintained Condo in 55+ Community

      Move-in ready condo with upgrades in a desirable 55+ community.
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    • $499,000
      0.30 Acres

      US-231 Crawfordsville Retail Land

      High-traffic retail land, build-to-suit.
      1575 Us-231, Crawfordsville, IN 47933
      View Details
    • $1,600,000

      Crawfordsville Commercial Land For Sale

      36.5 acres of commercial land near I-74.
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      View Details
    • $299,900

      3.73 Acres Corner Lot

      Corner lot with road frontage on three sides.
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    • $847,000
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      Prime Agricultural Land in Crawfordsville

      38.5 acres of tillable farmland in Montgomery County, Indiana.
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    Similar Nearby for Lease

    • $10 SF/Yr
      3,178 SF

      Prime Crawfordsville Office Space

      1710 sq ft, Downtown Location
      127 Main St, Crawfordsville, IN 47933
      View Details
    • $6 SF/Yr
      26,989 SF

      Crawfordsville Shopping Center Retail Space

      Retail spaces available in high-visibility shopping center near Indianapolis.
      1440 Darlington Ave, Crawfordsville, IN 47933
      View Details
    • $35 SF/Yr
      1,650 SF

      Retail Space on Lafayette Avenue

      Retail space for rent with customizable floor plans.
      2600 Lafayette Rd, Crawfordsville, IN 47933
      View Details
    • Contact for pricing
      278,119 SF

      Crawfordsville Square Retail Center

      Prime Retail Space, Crawfordsville, IN
      1660 Crawfordsville Square Dr, Crawfordsville, IN 47933
      View Details
    • $150,000

      Crawfordsville Retail Development Opportunity

      Prime retail development outlot with high visibility and accessibility.
      1575 S Us Highway 231, Crawfordsville, IN 47933
      View Details
    • Contact for pricing
      2,160 SF

      Retail Space Near Walmart

      2,160 SF retail space in Crawfordsville, Indiana.
      1877 S Us Highway 231, Crawfordsville, IN 47933
      View Details
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    Crawfordsville, IN 47933-2536
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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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