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    Property profile & analytics

    227 Main St Oolitic, IN 47451-3025

    • Retail space
    • 1,656 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 01, 2021
    Location Intelligence
    Property ID
    US31-2386460
    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 227 Main St

    Year built
    1929
    Construction
    WOOD
    Lot size
    0.09 lot acres
    Property size
    1,656 SF
    Property type
    Retail space
    APN
    47-06-04-211-002.000-011
    APU
    470604211002000011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oolitic
    County
    Lawrence
    State
    Indiana
    Longitude
    -86.5285
    Latitude
    38.9011
    CBSA code
    13260
    CBSA name
    BEDFORD, 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
    $807
    $3,900
    $34,100
    $38,000
    -
    $3,900
    $34,100
    $38,000

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      35 Hoosier Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      35 Hoosier Ave, Oolitic, IN 47451
      View Details
    • Value Estimation by Request
      2,956 SF

      118 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,956 SF
      118 Main St, Oolitic, IN 47451-3024
      View Details
    • Value Estimation
      $280,000
      2,400 SF

      35 Hoosier Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      35 Hoosier Ave, Oolitic, IN 47451-3033
      View Details
    • Value Estimation by Request
      3,586 SF

      118 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,586 SF
      118 Main St, Oolitic, IN 47451-3024
      View Details
    • Value Estimation by Request
      4,231 SF

      733 Hoosier Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,231 SF
      733 Hoosier Ave, Oolitic, IN 47451-3014
      View Details
    • Value Estimation by Request
      4,160 SF

      400 Lafayette Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,160 SF
      400 Lafayette Ave, Oolitic, IN 47451-3019
      View Details

    Similar Nearby for Sale

    • $199,900
      30.00 Acres

      30 Acres of Partially Wooded Land

      30 acre lot with lake, suitable for building or recreation.
      Tbd Mcville Rd, Solsberry, IN 47451
      View Details
    • Contact for pricing
      0.22 Acres

      Residential Land in Oolitic, IN

      Residential land with city utilities nearby and easy highway access.
      W 11Th St, Oolitic, IN 47451
      View Details
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    227 Main St
    Oolitic, IN 47451-3025
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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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