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    Property profile & analytics

    204 Washington St Rensselaer, IN 47978-2822

    • Office Properties & Spaces
    • 3,678 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Last Sale
    Nov 03, 2021
    Location Intelligence
    Property ID
    US31-0080756
    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

    • Tri-County Biblical Counseling, LLC. / Family Counselor
    • GracePoint Resource Center, LLC. / Family Counselor / Community Center

    Property Details for 204 Washington St

    Year built
    1910
    Construction
    WOOD
    Lot size
    0.10 lot acres
    Property size
    3,678 SF
    Zone code
    BUFF
    Property type
    Office Properties & Spaces
    APN
    37-07-30-000-017.294-027
    APU
    370730000017294027

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $320,000
      6.5%
      $325,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $290,000
      Mixed-Use
      $315,000
      Hospitality
      $345,000
      Educational
      $345,000
      Residential Income
      $345,000
      Energy
      $365,000
      Income-Based Land
      $280,000
      Food Service
      $275,000

    Location Insight

    • Map
    • Local Demand
    City
    Rensselaer
    County
    Jasper
    State
    Indiana
    Longitude
    -87.1524
    Latitude
    40.9361
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI 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
    $0.00
    $11,900
    $177,900
    $189,800
    -
    $11,900
    $177,900
    $189,800

    Comparable in this City

    • Value Estimation by Request
      2,032 SF

      1498 State Rd 14

      OFFICE (GENERAL) • 2,032 SF
      1498 State Rd 14, Rensselaer, IN 47978-8549
      View Details
    • Value Estimation by Request
      2,460 SF

      485 Van Rensselaer St

      OFFICE (GENERAL) • 2,460 SF
      485 Van Rensselaer St, Rensselaer, IN 47978
      View Details
    • Value Estimation by Request
      1,985 SF

      224 Washington St

      OFFICE (GENERAL) • 1,985 SF
      224 Washington St, Rensselaer, IN 47978-2822
      View Details
    • Value Estimation by Request
      1,120 SF

      119 Frnt St

      OFFICE (GENERAL) • 1,120 SF
      119 Frnt St, Rensselaer, IN 47978-2645
      View Details
    • Value Estimation by Request
      19,188 SF

      1027 College Ave

      OFFICE (GENERAL) • 19,188 SF
      1027 College Ave, Rensselaer, IN 47978-8482
      View Details
    • Value Estimation by Request
      9,986 SF

      615 Clark St

      OFFICE (GENERAL) • 9,986 SF
      615 Clark St, Rensselaer, IN 47978-2213
      View Details

    Similar Nearby for Sale

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      Established Downtown Rensselaer Cafe

      Turnkey Restaurant w/Office Space
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    • $140,000
      0.52 Acres

      Rensselaer Corner Development Site

      0.52 AC corner lot suitable for retail or QSR.
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    • Contact for pricing
      0.52 Acres

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      Half-acre lot with mature trees, ideal for building a home.
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    Similar Nearby for Lease

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      6,880 SF

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      Retail space in Rensselaer's College Square Plaza.
      396-732 S College Ave, Rensselaer, IN 47978
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    • Contact for pricing

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      View Details
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    Rensselaer, IN 47978-2822
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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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