Financial
Distress signals
Property profile

221 N Broad St Griffith, IN 46319

FOR LEASE
Residential income homes
Property ID
US31-3497180
1,960 SF 0.04 ac lot Built 1953
Last sale Apr 2005
Individually Owned Owner of record is an individual. 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$3k
Tax billed · 2022
Assessed value · 2023$126k
Assessed land$38k
Assessed improvement$88k
Effective rate2.69%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$1k
Operating expenses−$9k
NOI · 84,320.83% cap applied$20k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$31/SF
County average, outlier-cleaned · 251 recorded sales of this use type
Observed band · Q1–Q3$28 – $41

Cap rate analysis

How does the asset earn?
84,320.83%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.7
Daycare Center10.2
Law Firm9.9

Location

221 N Broad St Griffith, IN 46319
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 9 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
302 Broad, Griffith, IN 46319-3156 $150,000 Oct 2023 4,560 SF
308 Broad, Griffith, IN 46319-3158 $139,900 Aug 2023 4,560 SF
917 Gln Park, Griffith, IN 46319-2469 $425,000 Oct 2021 4,494 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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