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    Property profile & analytics

    225 Main St Elberfeld, IN 47613

    • Retail space
    • 1,500 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 09, 2024
    Location Intelligence
    Property ID
    US31-2134930
    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

    • Retail space

    Property Details for 225 Main St

    Year built
    1986
    Construction
    WOOD
    Lot size
    0.18 lot acres
    Property size
    1,500 SF
    Property type
    Retail space
    APN
    87-04-19-203-086.000-008
    APU
    870419203086000008

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elberfeld
    County
    Warrick
    State
    Indiana
    Longitude
    -87.4485
    Latitude
    38.1601
    CBSA code
    21780
    CBSA name
    EVANSVILLE, IN-KY 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
    $1,080
    $6,600
    $52,600
    $59,200
    -
    $6,600
    $52,600
    $59,200

    Comparable in this City

    • Value Estimation by Request
      3,100 SF

      10 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 3,100 SF
      10 Frnt St, Elberfeld, IN 47613
      View Details
    • Value Estimation by Request
      1,540 SF

      135 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,540 SF
      135 Main St, Elberfeld, IN 47613-9513
      View Details
    • Value Estimation by Request
      2,412 SF

      175 Sycamore St

      RETAIL STORES (PERSONAL SERVICES) • 2,412 SF
      175 Sycamore St, Elberfeld, IN 47613-9303
      View Details
    • Value Estimation
      $325,000
      2,334 SF

      8055 Saint Johns Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,334 SF
      8055 Saint Johns Rd, Elberfeld, IN 47613-9461
      View Details
    • Value Estimation
      $735,000
      9,220 SF

      140 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 9,220 SF
      140 Frnt St, Elberfeld, IN 47613-9189
      View Details
    • Value Estimation by Request
      1,847 SF

      175 Main St

      CONVENIENCE STORE • 1,847 SF
      175 Main St, Elberfeld, IN 47613-9517
      View Details

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    Similar Nearby for Lease

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      Evansville Industrial Space For Lease/Sale

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      Elberfeld Medical/Dental Opportunity

      Versatile medical/office space in Elberfeld, Indiana, ready for lease.
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      Evansville Industrial Shell Building

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    225 Main St
    Elberfeld, IN 47613
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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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