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    Property profile & analytics

    220 Main St Westfield, IN 46074-9347

    • Retail space
    • 2,740 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    $1,025,000
    Last Sale
    Mar 09, 2023
    $833,000
    Location Intelligence
    Property ID
    US31-0022995
    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

    • 21st Amendment Wine & Spirits / Liquor Store / Wine Store

    Property Details for 220 Main St

    Year built
    1948
    Construction
    WOOD
    Lot size
    0.30 lot acres
    Property size
    2,740 SF
    Property type
    Retail space
    APN
    29-06-31-304-023.000-015
    APU
    290631304023000015

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westfield
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1255
    Latitude
    40.0431
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, 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
    2023
    $10,218
    $302,100
    $133,500
    $435,600
    -
    $302,100
    $133,500
    $435,600

    Comparable in this City

    • Value Estimation by Request
      1,994 SF

      Spg Ml Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,994 SF
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      View Details
    • Value Estimation
      $645,000
      1,796 SF

      108 Un St

      RETAIL STORES (PERSONAL SERVICES) • 1,796 SF
      108 Un St, Westfield, IN 46074-9458
      View Details
    • Value Estimation
      $610,000
      770 SF

      102 Un St

      RETAIL STORES (PERSONAL SERVICES) • 770 SF
      102 Un St, Westfield, IN 46074-9458
      View Details
    • Value Estimation
      $745,000
      1,961 SF

      101 Un St

      RETAIL STORES (PERSONAL SERVICES) • 1,961 SF
      101 Un St, Westfield, IN 46074-9458
      View Details
    • Value Estimation by Request
      14,748 SF

      3275 State Rd 32

      RETAIL STORES (PERSONAL SERVICES) • 14,748 SF
      3275 State Rd 32, Westfield, IN 46074-8564
      View Details
    • Value Estimation by Request

      Westfield In

      Individual retail properties
      0 Westfield In, Westfield, IN 46074
      View Details

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    220 Main St
    Westfield, IN 46074-9347
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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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