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    Property profile & analytics

    234 Us Hwy 421 Francesville, IN 47946-8370

    • Retail space
    • 1,666 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 24, 2022
    Location Intelligence
    Property ID
    US31-1388395
    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 234 Us Hwy 421

    Year built
    1950
    Construction
    WOOD
    Lot size
    0.59 lot acres
    Property size
    1,666 SF
    Property type
    Retail space
    APN
    66-15-05-401-003.000-014
    APU
    661505401003000014

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Francesville
    County
    Pulaski
    State
    Indiana
    Longitude
    -86.8919
    Latitude
    40.9872

    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
    $1,066
    $12,000
    $51,400
    $63,400
    -
    $12,000
    $51,400
    $63,400

    Comparable in this City

    • Value Estimation by Request
      2,984 SF

      124 Bill St

      RETAIL STORES (PERSONAL SERVICES) • 2,984 SF
      124 Bill St, Francesville, IN 47946-8364
      View Details
    • Value Estimation by Request
      1,664 SF

      210 Bill St

      RETAIL STORES (PERSONAL SERVICES) • 1,664 SF
      210 Bill St, Francesville, IN 47946
      View Details
    • Value Estimation by Request
      2,728 SF

      108 Bill St

      RETAIL STORES (PERSONAL SERVICES) • 2,728 SF
      108 Bill St, Francesville, IN 47946
      View Details
    • Value Estimation by Request
      3,110 SF

      115 Montgomery St

      RETAIL STORES (PERSONAL SERVICES) • 3,110 SF
      115 Montgomery St, Francesville, IN 47946-8087
      View Details
    • Value Estimation
      $355,000
      2,184 SF

      14986 550th S

      RETAIL STORES (PERSONAL SERVICES) • 2,184 SF
      14986 550th S, Francesville, IN 47946-8072
      View Details
    • Value Estimation by Request
      7,696 SF

      101 Brooks St

      Individual retail properties • 7,696 SF
      101 Brooks St, Francesville, IN 47946
      View Details

    Similar Nearby for Sale

    • $137,500
      7,696 SF

      Spacious Retail Building For Sale

      Large retail building with parking, near Route 421.
      101 S Brooks St, Francesville, IN 47946
      View Details
    • $179,000
      0.11 Acres

      Prime Francesville Retail Space

      Downtown Francesville storefront, ideal for retail.
      101 Brooks St, Francesville, IN 47946
      View Details
    • $425,000
      14.00 Acres

      Organic Orchard with Multiple Structures

      U-Pick organic orchard with store, barn, cabins, and kitchen.
      9860 Us-421, Francesville, IN 47946
      View Details
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    234 Us Hwy 421
    Francesville, IN 47946-8370
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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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