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    Property profile & analytics

    232 Main St Bruceville, IN 47516-6215

    • Commercial real estate
    • 3,448 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-0982166
    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

    • Commercial real estate

    Property Details for 232 Main St

    Year built
    1968
    Construction
    WOOD
    Lot size
    0.28 lot acres
    Property size
    3,448 SF
    Property type
    Commercial real estate
    APN
    42-07-21-403-010.000-020
    APU
    420721403010000020

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bruceville
    County
    Knox
    State
    Indiana
    Longitude
    -87.4129
    Latitude
    38.7595
    CBSA code
    47180
    CBSA name
    VINCENNES, 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
    $870
    $8,000
    $28,000
    $36,000
    -
    $8,000
    $28,000
    $36,000

    Comparable in this City

    • Value Estimation by Request
      1,281 SF

      State Rd 67

      COMMERCIAL (GENERAL) • 1,281 SF
      State Rd 67, Bruceville, IN 47516
      View Details
    • Value Estimation
      $425,000
      11,810 SF

      4740 State Rd 67

      COMMERCIAL (GENERAL) • 11,810 SF
      4740 State Rd 67, Bruceville, IN 47516-6272
      View Details
    • Value Estimation by Request
      700 SF

      4835 Bruceville Rd

      COMMERCIAL (GENERAL) • 700 SF
      4835 Bruceville Rd, Bruceville, IN 47516
      View Details
    • Value Estimation by Request
      1.51 Acres

      8106 Bobe Rd

      COMMERCIAL (GENERAL) • 1.51 Acres
      8106 Bobe Rd, Bruceville, IN 47516-6012
      View Details
    • Value Estimation
      $355,000
      1,920 SF

      6290 6304th N Frd Rd

      COMMERCIAL (GENERAL) • 1,920 SF
      6290 6304th N Frd Rd, Bruceville, IN 47516
      View Details
    • Value Estimation
      $325,000
      960 SF

      9436 9423rd N Us Hwy

      COMMERCIAL (GENERAL) • 960 SF
      9436 9423rd N Us Hwy, Bruceville, IN 47516
      View Details
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    232 Main St
    Bruceville, IN 47516-6215
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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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