Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    212 Depot St Marengo, IN 47140-3194

    • Commercial real estate
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 22, 2024
    Location Intelligence
    Property ID
    US31-1357013
    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

    • Commercial real estate

    Property Details for 212 Depot St

    Year built
    1950
    Construction
    CONCRETE BLOCKS
    Lot size
    0.16 lot acres
    Property type
    Commercial real estate
    APN
    13-08-06-300-204.000-007
    APU
    130806300204000007

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marengo
    County
    Crawford
    State
    Indiana
    Longitude
    -86.3428
    Latitude
    38.368

    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
    $499
    $6,200
    $200
    $6,400
    -
    $6,200
    $200
    $6,400

    Comparable in this City

    • Value Estimation by Request
      2,700 SF

      169 Bradley St

      COMMERCIAL (GENERAL) • 2,700 SF
      169 Bradley St, Marengo, IN 47140
      View Details
    • Value Estimation by Request
      2,310 SF

      Bradley St

      COMMERCIAL (GENERAL) • 2,310 SF
      Bradley St, Marengo, IN 47140
      View Details
    • Value Estimation
      $345,000
      5,728 SF

      292 Main St

      COMMERCIAL (GENERAL) • 5,728 SF
      292 Main St, Marengo, IN 47140-3128
      View Details
    • Value Estimation by Request
      5,658 SF

      306 Bradley St

      COMMERCIAL (GENERAL) • 5,658 SF
      306 Bradley St, Marengo, IN 47140
      View Details
    • Value Estimation by Request
      3,500 SF

      361 Bradley St

      COMMERCIAL (GENERAL) • 3,500 SF
      361 Bradley St, Marengo, IN 47140
      View Details
    • Value Estimation by Request
      1,976 SF

      308 Main St

      COMMERCIAL (GENERAL) • 1,976 SF
      308 Main St, Marengo, IN 47140-3130
      View Details

    Similar Nearby for Sale

    • $85,000
      0.38 Acres

      Historic Marengo Commercial Building

      Versatile building, multiple uses, great potential.
      140 Pleasant Ave, Marengo, IN 47140
      View Details
    • $67,500
      0.45 Acres

      Historic Marengo Building - Huge Potential

      Massive workspace, 6000 sq ft, unique opportunity.
      292 Main St, Marengo, IN 47140
      View Details
    • Contact for pricing
      0.03 Acres

      Marengo Office Building Investment

      1,400 SF Office Building - Auction!
      Bradley St, Marengo, IN 47140
      View Details
    • $325,000
      1.55 Acres

      Historic Restaurant - Marengo, IN

      Established Restaurant, High Traffic Area, Great Opportunity
      8201 State Road 64, Marengo, IN 47140
      View Details
    • New
      $179,900
      2.00 Acres

      Marengo Commercial Property on State Road

      Versatile 2-acre commercial property with pole barn and loading dock.
      6975 E State Road 64, Marengo, IN 47140
      View Details
    • $75,000

      Marengo Commercial Property with Charm

      Two-story commercial building in Marengo, Indiana, with flexible space.
      276 S Bradley St, Marengo, IN 47140
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    212 Depot St
    Marengo, IN 47140-3194
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.