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    Property profile & analytics

    228 Main St Rising Sun, IN 47040-1225

    • Retail space
    • 784 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 01, 2024
    $45,000
    Location Intelligence
    Property ID
    US31-1815994
    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

    • Snack Shack / Snack Bar

    Property Details for 228 Main St

    Year built
    1907
    Construction
    WOOD
    Lot size
    0.05 lot acres
    Property size
    784 SF
    Property type
    Retail space
    APN
    58-06-02-001-016.000-004
    APU
    580602001016000004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rising Sun
    County
    Ohio
    State
    Indiana
    Longitude
    -84.8533
    Latitude
    38.9491
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN 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
    $1,093
    $10,200
    $41,900
    $52,100
    -
    $10,200
    $41,900
    $52,100

    Comparable in this City

    • Value Estimation by Request
      3,515 SF

      143 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,515 SF
      143 Main St, Rising Sun, IN 47040-1222
      View Details
    • Value Estimation
      $185,000
      4,752 SF

      111 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,752 SF
      111 Main St, Rising Sun, IN 47040-1222
      View Details
    • Value Estimation by Request
      5,962 SF

      147-149 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,962 SF
      147-149 Main St, Rising Sun, IN 47040
      View Details
    • Value Estimation by Request
      1,200 SF

      318 High St

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      318 High St, Rising Sun, IN 47040-1075
      View Details
    • Value Estimation
      $390,000
      7,834 SF

      110 Main St

      RETAIL STORES (PERSONAL SERVICES) • 7,834 SF
      110 Main St, Rising Sun, IN 47040-1288
      View Details
    • Value Estimation by Request
      2,202 SF

      406 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,202 SF
      406 Main St, Rising Sun, IN 47040-1030
      View Details

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    228 Main St
    Rising Sun, IN 47040-1225
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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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