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    Property profile & analytics

    2048 State Rd 256 Austin, IN 47102-8417

    • Theaters & concert halls
    • 2,448 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 27, 2023
    Location Intelligence
    Property ID
    US31-1039395
    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

    • Theaters & concert halls

    Property Details for 2048 State Rd 256

    Year built
    1973
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.42 lot acres
    Property size
    2,448 SF
    Property type
    Theaters & concert halls
    APN
    72-02-34-300-039.006-004
    APU
    720234300039006004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Scott
    State
    Indiana
    Longitude
    -85.7381
    Latitude
    38.7433
    CBSA code
    42500
    CBSA name
    SCOTTSBURG, 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
    $1,198
    $10,900
    $49,400
    $60,300
    -
    $10,900
    $49,400
    $60,300

    Comparable in this City

    • Value Estimation by Request
      3,150 SF

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      3,000 SF

      965 4th St

      THEATER (MOVIE) • 3,000 SF
      965 4th St, Austin, IN 47102-1824
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      $200,000
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      50 Broadway St

      THEATER (MOVIE) • 2,520 SF
      50 Broadway St, Austin, IN 47102-1718
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      1,446 SF

      975 1st St

      THEATER (MOVIE) • 1,446 SF
      975 1st St, Austin, IN 47102-1807
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    • Value Estimation by Request
      1,584 SF

      Hl St

      THEATER (MOVIE) • 1,584 SF
      Hl St, Austin, IN 47102
      View Details
    • Value Estimation
      $325,000
      2,240 SF

      33 Wilbur Ave

      THEATER (MOVIE) • 2,240 SF
      33 Wilbur Ave, Austin, IN 47102-1842
      View Details

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    2048 State Rd 256
    Austin, IN 47102-8417
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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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