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Financial
Distress signals
Property profile

227 Washington St Columbus, IN 47201

OFF-MARKET
Other office properties
Property ID
US31-1749328
15,435 SF 0.21 ac lot Built 1900
Last sale Feb 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 227 Washington Street in Columbus, Indiana is an 11,505-square-foot office building arranged over two levels within a structure featuring historic architectural details. The interior is characterized by large windows and high ceilings, and an elevator provides access to both floors and the basement. Each level contains a kitchen area and two restroom groups, each with a locker area and shower; the building also includes a dedicated server room with its own HVAC system and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$609k
Assessed land$63k
Assessed improvement$546k
Effective rate2.62%

Value estimate

· Oct 2026
$910k
$819k – $1.00M
Submarket $/SF estimate$749k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBARTHOLOMEW

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.5
Pharmacy10.8
Pawn Shop9.5

Location

227 Washington St Columbus, IN 47201-6741
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
501 Washington, Columbus, IN 47201-6229 $1,773,750 Jul 2020 28,140 SF
3570 Commerce, Columbus, IN 47201-2206 $205,000 Jan 2020 4,998 SF
4035 Mimosa, Columbus, IN 47201-7200 $1,025,000 Aug 2019 6,000 SF
745 Schnier, Columbus, IN 47201-6657 $865,000 May 2019 6,240 SF
2630 22nd, Columbus, IN 47201-3702 $600,000 Mar 2019 5,208 SF
2330 Midway, Columbus, IN 47201-3726 $450,000 Feb 2019 22,048 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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