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    Property profile & analytics

    2200 Ripley St Lake Station, IN 46405

    • Auto shops
    • 4,260 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Last Sale
    Sep 06, 2022
    Location Intelligence
    Property ID
    US31-1434483
    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

    • Auto shops

    Property Details for 2200 Ripley St

    Year built
    1968
    Construction
    WOOD
    Lot size
    0.61 lot acres
    Property size
    4,260 SF
    Property type
    Auto shops
    APN
    45-09-16-103-014.000-021
    APU
    450916103014000021

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lake Station
    County
    Lake
    State
    Indiana
    Longitude
    -87.2404
    Latitude
    41.5775
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI 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
    2022
    $5,363
    $48,500
    $103,500
    $152,000
    -
    $48,500
    $103,500
    $152,000

    Comparable in this City

    • Value Estimation
      $305,000
      1,458 SF

      3140 Central Ave

      AUTO REPAIR, GARAGE • 1,458 SF
      3140 Central Ave, Lake Station, IN 46405-2210
      View Details
    • Value Estimation
      $290,000
      936 SF

      3130 37th Ave

      AUTO REPAIR, GARAGE • 936 SF
      3130 37th Ave, Lake Station, IN 46405-2958
      View Details
    • Value Estimation by Request
      1,740 SF

      2585 Central Ave

      AUTO REPAIR, GARAGE • 1,740 SF
      2585 Central Ave, Lake Station, IN 46405-2123
      View Details
    • Value Estimation
      $300,000
      5,192 SF

      2333 Central Ave

      AUTO REPAIR, GARAGE • 5,192 SF
      2333 Central Ave, Lake Station, IN 46405-2119
      View Details
    • Value Estimation by Request
      1,484 SF

      3615 Central Ave

      AUTO REPAIR, GARAGE • 1,484 SF
      3615 Central Ave, Lake Station, IN 46405-2319
      View Details
    • Value Estimation by Request
      720 SF

      3400 Liverpool Rd

      AUTO REPAIR, GARAGE • 720 SF
      3400 Liverpool Rd, Lake Station, IN 46405-3031
      View Details

    Similar Nearby for Sale

    • $200,000
      3,894 SF

      Turn-Key Pub and Grub Business

      Profitable pub and grub with licenses and living quarters.
      2808 Dekalb St, Lake Station, IN 46405
      View Details
    • $723,172
      10,920 SF

      Lake Station Retail Opportunity

      Retail property for sale in Lake Station, Indiana.
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    • $467,000
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      Versatile Commercial Property For Sale

      Mixed-use property with restaurant, warehouse, and apartment near major highways.
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    • $550,000
      3,250 SF

      Turnkey Restaurant with Liquor License

      Fully equipped, remodeled restaurant with a 3-way liquor license.
      3634 Central Ave, Lake Station, IN 46405
      View Details
    • $34,900
      0.72 Acres

      Land For Sale, Lake Station

      Vacant land available in Lake Station, Indiana.
      2820 New York St, Lake Station, IN 46405
      View Details
    • Contact for pricing
      0.30 Acres

      Residential Land in Lake Station

      Building lot next to bike trail in Lake Station.
      2899 State St, Lake Station, IN 46405
      View Details
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    Lake Station, IN 46405
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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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