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    Property profile & analytics

    2131 State Rd 244 Milroy, IN 46156-9582

    • Industrial properties
    • 10,984 SF
    • 2.25 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Last Sale
    Feb 10, 2024
    Location Intelligence
    Property ID
    US31-1287712
    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

    • Industrial properties

    Property Details for 2131 State Rd 244

    Year built
    2004
    Construction
    WOOD
    Lot size
    2.25 lot acres
    Property size
    10,984 SF
    Property type
    Industrial properties
    APN
    70-14-13-101-002.000-001
    APU
    701413101002000001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Milroy
    County
    Rush
    State
    Indiana
    Longitude
    -85.4782
    Latitude
    39.4964

    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
    $5,590
    $33,900
    $359,500
    $393,400
    -
    $33,900
    $359,500
    $393,400

    Comparable in this City

    • Value Estimation
      $475,000
      8,960 SF

      7957 State Rd 3rd 3

      INDUSTRIAL (GENERAL) • 8,960 SF
      7957 State Rd 3rd 3, Milroy, IN 46156-9770
      View Details
    • Value Estimation by Request
      5,657 SF

      208 Main St

      INDUSTRIAL (GENERAL) • 5,657 SF
      208 Main St, Milroy, IN 46156-9405
      View Details
    • Value Estimation by Request
      779 SF

      5889 750th S

      INDUSTRIAL (GENERAL) • 779 SF
      5889 750th S, Milroy, IN 46156
      View Details
    • Value Estimation
      $260,000
      9.51 Acres

      3950 900th S

      INDUSTRIAL (GENERAL) • 9.51 Acres
      3950 900th S, Milroy, IN 46156-9733
      View Details
    • Value Estimation
      $370,000
      960 SF

      Main St

      INDUSTRIAL (GENERAL) • 960 SF
      Main St, Milroy, IN 46156
      View Details
    • Value Estimation by Request
      42,200 SF

      8739 175th W

      MANUFACTURING (LIGHT) • 42,200 SF
      8739 175th W, Milroy, IN 46156-9705
      View Details
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    Milroy, IN 46156-9582
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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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