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    Property profile & analytics

    2302 4th St Mexico, IN 46958-2039

    • Office Properties & Spaces
    • 720 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 03, 2025
    Location Intelligence
    Property ID
    US31-2654001
    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

    • Office Properties & Spaces

    Property Details for 2302 4th St

    Year built
    1960
    Construction
    WOOD
    Lot size
    0.25 lot acres
    Property size
    720 SF
    Property type
    Office Properties & Spaces
    APN
    52-05-31-406-001.000-012
    APU
    520531406001000012

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mexico
    County
    Miami
    State
    Indiana
    Longitude
    -86.116
    Latitude
    40.8249
    CBSA code
    37940
    CBSA name
    PERU, 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
    $420
    $12,000
    $12,200
    $24,200
    -
    $12,000
    $12,200
    $24,200

    Comparable in this City

    • Value Estimation
      $510,000
      3,212 SF

      2574 3rd St

      OFFICE (GENERAL) • 3,212 SF
      2574 3rd St, Mexico, IN 46958-2000
      View Details
    • Value Estimation by Request
      16,540 SF

      4460 Mexico Rd

      OFFICE (GENERAL) • 16,540 SF
      4460 Mexico Rd, Mexico, IN 46958-2060
      View Details
    • Value Estimation
      $185,000
      3,120 SF

      4015 Mexico Rd

      OFFICE (GENERAL) • 3,120 SF
      4015 Mexico Rd, Mexico, IN 46958-2056
      View Details
    • Value Estimation by Request
      5,846 SF

      4159 Mexico Rd

      OFFICE (GENERAL) • 5,846 SF
      4159 Mexico Rd, Mexico, IN 46958-2057
      View Details
    • Value Estimation by Request
      0.25 Acres

      Mexico Rd

      VACANT COMMERCIAL LAND • 2,160 SF
      Mexico Rd, Mexico, IN 46958
      View Details
    • Value Estimation by Request
      20,452 SF

      4343 Water St

      WAREHOUSE, STORAGE • 20,452 SF
      4343 Water St, Mexico, IN 46958
      View Details
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    2302 4th St
    Mexico, IN 46958-2039
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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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