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    Property profile & analytics

    205 State St Glenwood, IN 46133-7720

    • Turn key restaurants
    • 2,036 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 11, 2023
    Location Intelligence
    Property ID
    US31-1211011
    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

    • Glenwood Inn / Bar & Grill

    Property Details for 205 State St

    Year built
    1915
    Construction
    WOOD
    Lot size
    0.32 lot acres
    Property size
    2,036 SF
    Property type
    Turn key restaurants
    APN
    70-08-33-278-005.000-013
    APU
    700833278005000013

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Glenwood
    County
    Rush
    State
    Indiana
    Longitude
    -85.302
    Latitude
    39.6238

    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
    $1,406
    $12,000
    $41,000
    $53,000
    -
    $12,000
    $41,000
    $53,000

    Comparable in this City

    • Value Estimation by Request
      1,288 SF

      State St

      PARKING LOT • 1,288 SF
      State St, Glenwood, IN 46133
      View Details
    • Value Estimation by Request
      4,200 SF

      104 Pearl St

      PARKING GARAGE, PARKING STRUCTURE • 4,200 SF
      104 Pearl St, Glenwood, IN 46133-7722
      View Details
    • Value Estimation by Request
      93.00 Acres

      93+/- Acres New Barndominium And Outstanding Hunting

      Land • 2,400 SF
      0 93+/- Acres New Barndominium And Outstanding Hunting, Orange, IN 46133
      View Details
    • Value Estimation by Request
      1,890 SF

      217 Main St

      FINANCIAL BUILDING • 1,890 SF
      217 Main St, Glenwood, IN 46133-7729
      View Details
    • Value Estimation
      $685,000
      9,100 SF

      315 State St

      RETAIL STORES (PERSONAL SERVICES) • 9,100 SF
      315 State St, Glenwood, IN 46133-7721
      View Details
    • Value Estimation by Request
      2,400 SF

      Durbon St

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      Durbon St, Glenwood, IN 46133
      View Details

    Similar Nearby for Sale

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      59.00 Acres

      Indiana Homestead: 59 Acres

      Rural living, multiple outbuildings, recreational land.
      0 56+/- Acres Charming Homestead With Multiple Outbuildings, Orange, IN 46133
      View Details
    • $55,000
      Pending

      Glenwood Farm Land For Sale

      9 acre farm in Glenwood, Indiana.
      Crk 850W, Glenwood, IN 46133
      View Details
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    205 State St
    Glenwood, IN 46133-7720
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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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