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    Property profile & analytics

    2230 Spg St Otwell, IN 47564-5408

    • Parking lots & garages
    • 9,440 SF
    • 1.02 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Last Sale
    Feb 05, 2025
    Location Intelligence
    Property ID
    US31-1382379
    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

    • Parking lots & garages

    Property Details for 2230 Spg St

    Year built
    1987
    Construction
    WOOD
    Lot size
    1.02 lot acres
    Property size
    9,440 SF
    Property type
    Parking lots & garages
    APN
    63-08-04-301-001.000-002
    APU
    630804301001000002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Otwell
    County
    Pike
    State
    Indiana
    Longitude
    -87.0915
    Latitude
    38.4552
    CBSA code
    27540
    CBSA name
    JASPER, 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
    $4,109
    $22,200
    $136,700
    $158,900
    -
    $22,200
    $136,700
    $158,900

    Comparable in this City

    • Value Estimation by Request
      2,220 SF

      Ee State Rd 56th At N State Rd 257

      PARKING LOT • 2,220 SF
      Ee State Rd 56th At N State Rd 257, Otwell, IN 47564
      View Details
    • Value Estimation by Request
      0.17 Acres

      State Rd 257

      PARKING LOT • 0.17 Acres
      State Rd 257, Otwell, IN 47564
      View Details
    • Value Estimation by Request
      546 SF

      State Rd 257

      PARKING LOT • 546 SF
      State Rd 257, Otwell, IN 47564
      View Details
    • Value Estimation by Request
      3,156 SF

      2017 State Rd 257

      AUTO REPAIR, GARAGE • 3,156 SF
      2017 State Rd 257, Otwell, IN 47564-8755
      View Details
    • Value Estimation by Request
      3,708 SF

      2348 State Rd 257

      AUTO REPAIR, GARAGE • 3,708 SF
      2348 State Rd 257, Otwell, IN 47564-8710
      View Details
    • Value Estimation by Request
      11,028 SF

      10080 State Rd 56

      RETAIL STORES (PERSONAL SERVICES) • 11,028 SF
      10080 State Rd 56, Otwell, IN 47564-8892
      View Details
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    2230 Spg St
    Otwell, IN 47564-5408
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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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