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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Residential income homes
2269 Indianola Ave Columbus, OH 43202-3023
Trust Owned
1-yr Hold
Property ID
US66-2089977
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1900
Total area
2,575 SF
Lot
0.11 ac (4,966 SF)
APN
010-016927
UPID
US66-2089977
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Spartan House Army Barracks
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$446k
Blend (final)
Blend
$705k
Owner & transaction history
Nicole N Radoumis Family Trust · 1 yrs held
Nicole N Radoumis Family Trust
since 2025
Last sale
$699,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$720,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $699k (Sep 12 2023)
Last sale anchor
$699k
Sep 12 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$274 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,059
Tax year 2023
Assessed value
$178,080
Assessed 2023
Previous assessed
$90,590
+96.6% YoY
Effective rate
4.53%
On assessed value
Assessed land
$35,000
Assessed improvement
$143,080
Land market value
$100,000
Improvement market value
$408,800
Total market value
$508,800
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1900
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
2
Units
2
Rooms
12
Bathrooms
3
Total area
2,575 SF
Lot
0.11 ac (4,966 SF)
APN
010-016927
UPID
US66-2089977
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
12
Bathrooms
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
Nicole N Radoumis Family Trust
Trust
Mailing address
917 MANDARIN TRL, JACKSONVILLE, NC 28540-9507
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2025
$668,000
Nicole N Radoumis Family Trust
Angel Ruben Cruz
Warranty Deed
$534,400 · Nexera Holding LLC
Sep 12, 2023
$699,000
Angel Ruben Cruz
Dfried Holdings LLC
Limited Warranty Deed
$544,000 · Nationwide Mortgage Bankers INC
Aug 23, 2017
—
Dfried Holdings LLC
South Campus Rentals LLC
Quit Claim Deed
related
—
May 11, 1998
$27,500
South Campus Rentals LLC
Baptist Foundation
Quit Claim Deed
related
—
Dec 1, 1997
—
Baptist Foundation Of State
Doenges,h F
Grant Deed
related
—
—
—
Dean W Fried
—
Deed Of Trust
related
$112,500 · Perpetual Federal Savings Bank
—
—
South Campus Rentals LLC
—
Deed Of Trust
related
$150,000 · Huntington National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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