Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    255 Franklin St Berne, IN 46711

    • Parking lots & garages
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-1848477
    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

    • Parking lots & garages

    Property Details for 255 Franklin St

    Year built
    1977
    Lot size
    0.20 lot acres
    Property type
    Parking lots & garages
    APN
    01-11-04-101-064.000-018
    APU
    11104101064000018

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Berne
    County
    Adams
    State
    Indiana
    Longitude
    -84.9521
    Latitude
    40.6571
    CBSA code
    19540
    CBSA name
    DECATUR, 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
    $679
    $17,200
    $4,900
    $22,100
    -
    $17,200
    $4,900
    $22,100

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      Franklin St

      PARKING LOT • 0.17 Acres
      Franklin St, Berne, IN 46711
      View Details
    • Value Estimation by Request
      0.20 Acres

      Franklin St

      PARKING LOT • 0.20 Acres
      Franklin St, Berne, IN 46711
      View Details
    • Value Estimation by Request
      0.20 Acres

      218 Main St

      PARKING LOT • 0.20 Acres
      218 Main St, Berne, IN 46711-1570
      View Details
    • Value Estimation by Request
      3,840 SF

      256 Monroe St

      PARKING GARAGE, PARKING STRUCTURE • 3,840 SF
      256 Monroe St, Berne, IN 46711-1248
      View Details
    • Value Estimation by Request
      0.06 Acres

      Hendricks St

      PARKING LOT • 0.06 Acres
      Hendricks St, Berne, IN 46711
      View Details
    • Value Estimation by Request
      6,000 SF

      83 State Rd 218

      PARKING GARAGE, PARKING STRUCTURE • 6,000 SF
      83 State Rd 218, Berne, IN 46711-9101
      View Details

    Similar Nearby for Sale

    • $1,075,000
      10,000 SF

      Berne, IN Shopping Center

      10,000 SF shopping center on major thoroughfare, Hwy 27.
      920 W 500 S, Berne, IN 46711
      View Details
    • $1,075,000
      10,000 SF

      920 500

      Lifestyle centers • 10,000 SF
      920 500, Berne, IN 46711
      View Details
    • $34,000
      0.33 Acres

      Berne, IN Residential Land

      Residential land in a peaceful 55+ community in Berne, Indiana.
      Tbd Hahnemann Ct, Berne, IN 46711
      View Details
    • $230,000
      3,318 SF

      Berne Six-Plex Investment Opportunity

      Six-unit apartment building in Berne, Indiana, with investment potential.
      260 S Jefferson St, Berne, IN 46711
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      11,954 SF

      Downtown Berne Retail Space

      Retail building with parking and billboard in downtown Berne.
      117 W Main St, Berne, IN 46711
      View Details
    • $7 SF/Yr
      15,000 SF

      Berne Corporate Office Space Available

      15,000 SF corporate office space for lease in Berne, IN.
      917 Liechty Rd, Berne, IN 46711
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    255 Franklin St
    Berne, IN 46711
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.