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    Property profile & analytics

    2114 Ter Dr Highland, IN 46322-2783

    • Residential income homes
    • 5,520 SF
    OFF-MARKET
    Value Estimation
    $320,000
    Last Sale
    Apr 27, 2023
    Location Intelligence
    Property ID
    US31-0695270
    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

    • Residential income homes

    Property Details for 2114 Ter Dr

    Year built
    1997
    Construction
    WOOD
    Property size
    5,520 SF
    Zone code
    R33
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    45-07-32-203-082.000-026
    APU
    450732203082000026

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Highland
    County
    Lake
    State
    Indiana
    Longitude
    -87.478
    Latitude
    41.5365
    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
    2022
    $2,106
    $30,000
    $143,300
    $173,300
    -
    $30,000
    $143,300
    $173,300

    Comparable in this City

    • Value Estimation by Request
      1,564 SF

      8308 Kennedy Ave

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      8308 Kennedy Ave, Highland, IN 46322-1134
      View Details
    • Value Estimation
      $275,000
      3,264 SF

      2129 Lincoln St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,264 SF
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      View Details
    • Value Estimation
      $270,000
      5,385 SF

      2104 Lincoln St

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,385 SF
      2104 Lincoln St, Hammond, IN 46322
      View Details
    • Value Estimation
      $165,000
      5,520 SF

      9735 Pkwy Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,520 SF
      9735 Pkwy Dr, Highland, IN 46322-2778
      View Details
    • Value Estimation
      $270,000
      5,520 SF

      9829 Pkwy Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,520 SF
      9829 Pkwy Dr, Highland, IN 46322-2780
      View Details
    • Value Estimation
      $285,000
      5,520 SF

      9733 Pkwy Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,520 SF
      9733 Pkwy Dr, Highland, IN 46322-2778
      View Details

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    2114 Ter Dr
    Highland, IN 46322-2783
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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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