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    Property profile & analytics

    2075 Michigan Ave Greensburg, IN 47240-9349

    • Hotels
    • 72,894 SF
    • 4.39 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-1690049
    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

    • Hotels

    Property Details for 2075 Michigan Ave

    Year built
    2008
    Construction
    TYPE NOT SPECIFIED
    Lot size
    4.39 lot acres
    Property size
    72,894 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    16-06-34-310-002.000-016
    APU
    160634310002000016

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greensburg
    County
    Decatur
    State
    Indiana
    Longitude
    -85.5103
    Latitude
    39.3554
    CBSA code
    24700
    CBSA name
    GREENSBURG, 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
    $154,755
    $495,300
    $5,864,600
    $6,359,900
    -
    $495,300
    $5,864,600
    $6,359,900

    Comparable in this City

    • Value Estimation by Request
      41,796 SF

      915 Ann Blvd

      HOTEL/MOTEL • 41,796 SF
      915 Ann Blvd, Greensburg, IN 47240-3245
      View Details
    • Value Estimation
      $390,000
      2,400 SF

      408 County Rd 500th S

      HOTEL/MOTEL • 2,400 SF
      408 County Rd 500th S, Greensburg, IN 47240-9657
      View Details
    • Value Estimation by Request
      1,970 SF

      1511 Aspen Ln

      HOTEL/MOTEL • 1,970 SF
      1511 Aspen Ln, Greensburg, IN 47240-9368
      View Details
    • Value Estimation
      $695,000
      48,846 SF

      2211 State Rd 3rd 3

      HOTEL/MOTEL • 48,846 SF
      2211 State Rd 3rd 3, Greensburg, IN 47240
      View Details
    • Value Estimation by Request
      43,728 SF

      2317 State Rd 3rd 3

      HOTEL/MOTEL • 43,728 SF
      2317 State Rd 3rd 3, Greensburg, IN 47240
      View Details
    • Value Estimation by Request
      4,043 SF

      720 Washington St

      HOTEL/MOTEL • 4,043 SF
      720 Washington St, Greensburg, IN 47240-1521
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,074 SF

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      Prime Greensburg location, unique history, high potential.
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      2.52 Acres

      Greensburg Land Near Interstate 74

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    • $215,000
      2,252 SF

      Greensburg Multi-Family Rental Property

      Two-unit rental property near downtown Greensburg with recent updates.
      339 E Washington St, Greensburg, IN 47240
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    • $59,700
      0.37 Acres

      Residential Lot with Lake View

      Residential lot with lake view in Greensburg, Indiana.
      1001 E Allegheny Trl, Greensburg, IN 47240
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    Similar Nearby for Lease

    • Contact for pricing

      Land for Rent in Greensburg

      Land available for rent in Greensburg, Indiana.
      2809 N Greensburg Xing, Greensburg, IN 47240
      View Details
    • Contact for pricing
      14,863 SF

      Greensburg Retail Center Opportunity

      High-traffic retail center, prime location.
      1807 Broadway St, Greensburg, IN 47240
      View Details
    • $8 SF/Yr
      11,255 SF

      Retail Center in Greensburg

      97,773 SF retail center with large parking field.
      1809-1929 N Greensburg Xing, Greensburg, IN 47240
      View Details
    • $12 SF/Yr
      97,773 SF

      Greensburg Crossing Office Suites

      98,000 SF Office & Retail Space Available
      1810 Greensburg Xing, Greensburg, IN 47240
      View Details
    • $10 SF/Yr
      Pending

      Industrial Property Near Honda Plant

      Commercial property near Honda plant with shop and parking.
      2426 N Cleo Ln, Greensburg, IN 47240
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    • Contact for pricing
      9,545 SF

      Retail Space Near Rural King

      Retail space available near major retailers and Honda Manufacturing.
      1809 N Broadway St, Greensburg, IN 47240
      View Details

    Property Visit Statistics

    • Visits by month
      4.1k
    • Visitors by month
      2.8k
    • Avg Time on site
      480 min
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    2075 Michigan Ave
    Greensburg, IN 47240-9349
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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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