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    Property profile & analytics

    220 State St North Vernon, IN 47265-1453

    • Banks
    • 3,168 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Last Sale
    Feb 19, 2020
    Location Intelligence
    Property ID
    US31-1405924
    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

    • Banks

    Property Details for 220 State St

    Year built
    1968
    Construction
    WOOD
    Lot size
    0.39 lot acres
    Property size
    3,168 SF
    Property type
    Banks
    APN
    40-09-34-320-017.000-004
    APU
    400934320017000004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Vernon
    County
    Jennings
    State
    Indiana
    Longitude
    -85.6285
    Latitude
    39.0056
    CBSA code
    35860
    CBSA name
    NORTH VERNON, 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
    $14,862
    $31,300
    $464,100
    $495,400
    -
    $31,300
    $464,100
    $495,400

    Comparable in this City

    • Value Estimation by Request
      5,070 SF

      1420 State St

      FINANCIAL BUILDING • 5,070 SF
      1420 State St, North Vernon, IN 47265-7478
      View Details
    • Value Estimation
      $325,000
      2,661 SF

      111 State St

      FINANCIAL BUILDING • 2,661 SF
      111 State St, North Vernon, IN 47265-1725
      View Details
    • Value Estimation
      $235,000
      2,458 SF

      521 State St

      FINANCIAL BUILDING • 2,458 SF
      521 State St, North Vernon, IN 47265-1041
      View Details
    • Value Estimation
      $330,000
      240 SF

      14 Jackson St

      FINANCIAL BUILDING • 240 SF
      14 Jackson St, North Vernon, IN 47265
      View Details
    • Value Estimation
      $495,000
      3,454 SF

      975 Veterans Dr

      FINANCIAL BUILDING • 3,454 SF
      975 Veterans Dr, North Vernon, IN 47265-8637
      View Details
    • Value Estimation by Request
      2,772 SF

      61 Norris Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,772 SF
      61 Norris Ave, North Vernon, IN 47265-1720
      View Details

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    Similar Nearby for Lease

    • $5 SF/Yr
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      North Vernon Medical Office Space

      9,229 SF Medical Office, High Visibility
      2110 State Highway 7, North Vernon, IN 47265
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      Prime North Vernon Retail Space

      6,000 SF Strip Center, 4,780 SF Available
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      View Details
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    220 State St
    North Vernon, IN 47265-1453
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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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