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    Property profile & analytics

    2200 16th St Muncie, IN 47302-4612

    • Office Properties & Spaces
    • 5,040 SF
    • 2.46 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Last Sale
    Oct 15, 2021
    Location Intelligence
    Property ID
    US31-1611457
    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

    • Office Properties & Spaces

    Property Details for 2200 16th St

    Year built
    1960
    Construction
    WOOD
    Lot size
    2.46 lot acres
    Property size
    5,040 SF
    Property type
    Office Properties & Spaces
    APN
    18-11-23-129-014.000-003
    APU
    181123129014000003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.3607
    Latitude
    40.1753
    CBSA code
    34620
    CBSA name
    MUNCIE, 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
    $658
    $94,300
    $234,100
    $328,400
    -
    $94,300
    $234,100
    $328,400

    Comparable in this City

    • Value Estimation by Request
      56,218 SF

      9401 Nottingham St

      OFFICE (GENERAL) • 56,218 SF
      9401 Nottingham St, Muncie, IN 47302-9486
      View Details
    • Value Estimation by Request
      1,200 SF

      804 13th St

      OFFICE (GENERAL) • 1,200 SF
      804 13th St, Muncie, IN 47302
      View Details
    • Value Estimation by Request
      195,471 SF

      1601 26th St

      OFFICE (GENERAL) • 195,471 SF
      1601 26th St, Muncie, IN 47302-5808
      View Details
    • Value Estimation
      $410,000
      600 SF

      4301 County Rd 388th E

      OFFICE (GENERAL) • 600 SF
      4301 County Rd 388th E, Muncie, IN 47302-9205
      View Details
    • Value Estimation
      $440,000
      14,932 SF

      2517 8th St

      OFFICE (GENERAL) • 14,932 SF
      2517 8th St, Muncie, IN 47302-1633
      View Details
    • Value Estimation
      $380,000
      2,356 SF

      2501 26th St

      OFFICE (GENERAL) • 2,356 SF
      2501 26th St, Muncie, IN 47302-9100
      View Details

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    Similar Nearby for Lease

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      Muncie Industrial Space For Lease

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      Heated manufacturing or warehouse/distribution space with ample parking.
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    Muncie, IN 47302-4612
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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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