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    Property profile & analytics

    2066 3rd St Merom, IN 47861-8088

    • Retail space
    • 1,000 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 03, 2024
    Location Intelligence
    Property ID
    US31-2665722
    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

    • United States Postal Service / Logistics Service / Money Order Service
    • Historic Merom State Bank Biulding. / Historical Landmark
    • Historic Merom State Bank Building. / Historical Landmark

    Property Details for 2066 3rd St

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.10 lot acres
    Property size
    1,000 SF
    Property type
    Retail space
    APN
    77-11-18-221-070.000-008
    APU
    771118221070000008

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Merom
    County
    Sullivan
    State
    Indiana
    Longitude
    -87.5677
    Latitude
    39.0559
    CBSA code
    45460
    CBSA name
    TERRE HAUTE, IN 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
    2022
    $555
    $3,400
    $14,600
    $18,000
    -
    $3,400
    $14,600
    $18,000

    Comparable in this City

    • Value Estimation by Request
      4,270 SF

      2110 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 4,270 SF
      2110 3rd St, Merom, IN 47861
      View Details
    • Value Estimation by Request
      140 SF

      Of County Rd 975th W

      COMMERCIAL (GENERAL) • 140 SF
      Of County Rd 975th W, Merom, IN 47861
      View Details
    • Value Estimation by Request
      1,104 SF

      Merom Sta Rd

      OFFICE (GENERAL) • 1,104 SF
      Merom Sta Rd, Merom, IN 47861
      View Details
    • Value Estimation
      $465,000
      6,000 SF

      County Rd 300th S

      INDUSTRIAL (GENERAL) • 6,000 SF
      County Rd 300th S, Merom, IN 47861
      View Details
    • Value Estimation by Request
      1,784 SF

      1992 3rd St

      COMMERCIAL (GENERAL) • 1,784 SF
      1992 3rd St, Merom, IN 47861
      View Details
    • Value Estimation by Request
      6,000 SF

      6098 County Rd 300th S

      INDUSTRIAL (GENERAL) • 6,000 SF
      6098 County Rd 300th S, Merom, IN 47861-8063
      View Details
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    Merom, IN 47861-8088
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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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