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    Property profile & analytics

    2215 59th St Anderson, IN 46013-3087

    • Hotels
    • 28,071 SF
    • 1.28 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 11, 2022
    Location Intelligence
    Property ID
    US31-3429479
    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

    • Baymont by Wyndham Anderson / Motel / Hotel

    Property Details for 2215 59th St

    Year built
    1998
    Construction
    WOOD
    Lot size
    1.28 lot acres
    Property size
    28,071 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    48-12-32-600-002.000-003
    APU
    481232600002000003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.649
    Latitude
    40.0547
    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
    $53,871
    $191,900
    $1,498,000
    $1,689,900
    -
    $191,900
    $1,498,000
    $1,689,900

    Comparable in this City

    • Value Estimation by Request
      30,957 SF

      1836 64th St

      HOTEL/MOTEL • 30,957 SF
      1836 64th St, Anderson, IN 46013-9672
      View Details
    • Value Estimation by Request
      3,704 SF

      3041 38th St

      HOTEL/MOTEL • 3,704 SF
      3041 38th St, Anderson, IN 46013
      View Details
    • Value Estimation by Request
      18,552 SF

      6325 Scatterfield Rd

      HOTEL/MOTEL • 18,552 SF
      6325 Scatterfield Rd, Anderson, IN 46013-9603
      View Details
    • Value Estimation by Request
      33,000 SF

      5706 Scatterfield Rd

      HOTEL/MOTEL • 33,000 SF
      5706 Scatterfield Rd, Anderson, IN 46013-3145
      View Details
    • Value Estimation by Request
      7,372 SF

      5810 Scatterfield Rd

      HOTEL/MOTEL • 7,372 SF
      5810 Scatterfield Rd, Anderson, IN 46013-3147
      View Details
    • Value Estimation by Request
      2,560 SF

      3630 Oaklawn Dr

      HOTEL/MOTEL • 2,560 SF
      3630 Oaklawn Dr, Anderson, IN 46013-4921
      View Details

    Similar Nearby for Sale

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      Anderson Office Building For Sale

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      0.90 Acres

      River Grove Retail Space Available

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    Similar Nearby for Lease

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      Retail spaces available near Walmart Supercenter and other retailers.
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      High Exposure Interchange Land

      Land with high traffic exposure and signalized access.
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    • $7 SF/Yr
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      Retail Space in Active Corridor

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      Adaptable Office Space Available

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      View Details

    Property Visit Statistics

    • Visits by month
      3.3k
    • Visitors by month
      1.4k
    • Avg Time on site
      474 min
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    2215 59th St
    Anderson, IN 46013-3087
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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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