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    Property profile & analytics

    242 State Rd 57 Petersburg, IN 47567-8180

    • Retail space
    • 5,733 SF
    • 2.29 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Location Intelligence
    Property ID
    US31-1507173
    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 242 State Rd 57

    Year built
    1968
    Construction
    WOOD
    Lot size
    2.29 lot acres
    Property size
    5,733 SF
    Property type
    Retail space
    APN
    63-06-21-200-010.000-009
    APU
    630621200010000009

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Petersburg
    County
    Pike
    State
    Indiana
    Longitude
    -87.3063
    Latitude
    38.4182
    CBSA code
    27540
    CBSA name
    JASPER, 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
    $2,778
    $26,400
    $75,500
    $101,900
    -
    $26,400
    $75,500
    $101,900

    Comparable in this City

    • Value Estimation by Request
      4,272 SF

      606 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,272 SF
      606 Main St, Petersburg, IN 47567-1230
      View Details
    • Value Estimation
      $455,000
      2,128 SF

      717 9th St

      RETAIL STORES (PERSONAL SERVICES) • 2,128 SF
      717 9th St, Petersburg, IN 47567-1820
      View Details
    • Value Estimation by Request
      1,710 SF

      205 16th St

      RETAIL STORES (PERSONAL SERVICES) • 1,710 SF
      205 16th St, Petersburg, IN 47567-1509
      View Details
    • Value Estimation by Request
      5,000 SF

      601 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      601 Walnut St, Petersburg, IN 47567-1445
      View Details
    • Value Estimation by Request
      7,282 SF

      801 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 7,282 SF
      801 Walnut St, Petersburg, IN 47567
      View Details
    • Value Estimation
      $310,000
      1,116 SF

      250 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,116 SF
      250 Main St, Petersburg, IN 47567-8525
      View Details

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    242 State Rd 57
    Petersburg, IN 47567-8180
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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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