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    Property profile & analytics

    227 3rd St Rushville, IN 46173-1841

    • Theaters & concert halls
    • 8,107 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 15, 2020
    Location Intelligence
    Property ID
    US31-1126035
    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

    • Knights of Columbus / Fraternal Organization

    Property Details for 227 3rd St

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.40 lot acres
    Property size
    8,107 SF
    Property type
    Theaters & concert halls
    APN
    70-11-05-152-004.000-011
    APU
    701105152004000011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rushville
    County
    Rush
    State
    Indiana
    Longitude
    -85.4423
    Latitude
    39.6091

    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
    $0.00
    $42,400
    $88,600
    $131,000
    -
    $42,400
    $88,600
    $131,000

    Comparable in this City

    • Value Estimation by Request
      3,960 SF

      121 Morgan St

      THEATER (MOVIE) • 3,960 SF
      121 Morgan St, Rushville, IN 46173-1913
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    • Value Estimation by Request
      2,923 SF

      4451 Us Hwy 52

      THEATER (MOVIE) • 2,923 SF
      4451 Us Hwy 52, Rushville, IN 46173-9719
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    • Value Estimation
      $345,000
      2,176 SF

      1459 Airport Rd

      THEATER (MOVIE) • 2,176 SF
      1459 Airport Rd, Rushville, IN 46173-7813
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    • Value Estimation by Request
      3,987 SF

      520 7th St

      THEATER (MOVIE) • 3,987 SF
      520 7th St, Rushville, IN 46173-1441
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    • Value Estimation by Request
      2,910 SF

      State Rd 244

      THEATER (MOVIE) • 2,910 SF
      State Rd 244, Rushville, IN 46173
      View Details
    • Value Estimation by Request
      3,360 SF

      1204 State Rd 44

      THEATER (MOVIE) • 3,360 SF
      1204 State Rd 44, Rushville, IN 46173-8635
      View Details

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    Similar Nearby for Lease

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      High-traffic retail space, 1200 sq ft.
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      Retail space available in Rushville's top grocery sales center.
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    227 3rd St
    Rushville, IN 46173-1841
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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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