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    Property profile & analytics

    250 Mulberry St Morgantown, IN 46160-9716

    • Retail space
    • 4,000 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 18, 2021
    Location Intelligence
    Property ID
    US31-1994230
    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

    • Indian Creek Outdoor Power LLC / Golf Cart Dealer / Lawn Mower Repair Service
    • Indian Creek Outdoor Power / Lawn Mower Repair Service
    • Wray Produce Co / Produce Wholesaler

    Property Details for 250 Mulberry St

    Year built
    1989
    Construction
    WOOD
    Lot size
    0.23 lot acres
    Property size
    4,000 SF
    Property type
    Retail space
    APN
    55-14-24-385-004.000-013
    APU
    551424385004000013

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morgantown
    County
    Morgan
    State
    Indiana
    Longitude
    -86.2639
    Latitude
    39.3724
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, 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
    $1,348
    $65,600
    $23,700
    $89,300
    -
    $65,600
    $23,700
    $89,300

    Comparable in this City

    • Value Estimation
      $305,000
      4,545 SF

      79 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 4,545 SF
      79 Washington St, Morgantown, IN 46160-9545
      View Details
    • Value Estimation by Request
      1,824 SF

      75 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 1,824 SF
      75 Washington St, Morgantown, IN 46160-9545
      View Details
    • Value Estimation by Request
      1,008 SF

      5046 State Rd 135

      RETAIL STORES (PERSONAL SERVICES) • 1,008 SF
      5046 State Rd 135, Morgantown, IN 46160-8912
      View Details
    • Value Estimation
      $295,000
      1,443 SF

      29 Marion St

      RETAIL STORES (PERSONAL SERVICES) • 1,443 SF
      29 Marion St, Morgantown, IN 46160
      View Details
    • Value Estimation by Request
      2,720 SF

      121-125 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 2,720 SF
      121-125 Washington St, Morgantown, IN 46160
      View Details
    • Value Estimation by Request
      1,168 SF

      State Rd 135th N

      RETAIL STORES (PERSONAL SERVICES) • 1,168 SF
      State Rd 135th N, Morgantown, IN 46160
      View Details

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    250 Mulberry St
    Morgantown, IN 46160-9716
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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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