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Property profile & analytics
OFF-MARKET
Office Spaces
2929 Jewett Ave Highland, IN 46322-1618
Entity Owned
~
Est. High Equity
Property ID
US31-3456947
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1967
Construction
TYPE NOT SPECIFIED
Total area
5,568 SF
Lot
0.14 ac (6,229 SF)
APN
45-07-21-452-022.000-026
UPID
US31-3456947
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Housesmart INC
Housesmart INC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Highland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Highland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$3,656
Tax year 2022
Assessed value
$254,800
Assessed 2023
Previous assessed
$254,800
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$42,400
Assessed improvement
$212,400
Land market value
$42,400
Improvement market value
$212,400
Total market value
$254,800
Applied tax rate
26.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Total area
5,568 SF
Lot
0.14 ac (6,229 SF)
APN
45-07-21-452-022.000-026
UPID
US31-3456947
Jurisdiction
LAKE
Metro division
GARY, IN METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Housesmart INC
Entity
Mailing address
2929 JEWETT AVE, HIGHLAND, IN 46322-1618
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
28 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2025
—
Housesmart INC
Schroeder Living Trust
Deed
—
Aug 19, 2025
—
Preferred Kato Preferred Homes LLC
Maria Acevedo
Warranty Deed
—
Nov 8, 2022
—
Housemart INC
Jill Gholson
Warranty Deed
—
Nov 8, 2022
$145,000
Housemart INC
Jill Gholson
Warranty Deed
—
Jun 29, 2021
—
Tms Development LLC
James H Stiles
Warranty Deed
—
Jun 29, 2021
$75,125
Tms Development LLC
James H Stiles
Warranty Deed
—
Dec 1, 2020
—
Housemart INC
—
Deed Of Trust
related
$100,000 · Hq Inv Trust (ct)
Mar 5, 2020
—
House Mart
—
Deed
related
$114,000 · Joan F C & Joseph S C Roth
Feb 4, 2020
—
Housemart INC
—
Deed
related
$76,500 · Mary B Mellard
Jul 3, 2019
—
Dakota Properties LLC
Housemart INC
Grant Deed
$86,250 · David A Stech
Dec 27, 2018
—
Foreclosures 4 Cash Housemartbizinc
—
Deed
related
$75,000 · Jean M Harasin
Jan 16, 2018
—
Housemartbiz INC
—
Deed
related
$75,000 · James E Dwyer
Feb 1, 2016
—
Housemart Biz INC
Foreclosures 4 Cash INC
Quit Claim Deed
related
—
Mar 6, 2015
—
Foreclosure 4 Cash INC
2931 Jewett LLC
Grant Deed
—
Aug 21, 2014
$207,000
2931 Jewett LLC
Sheriff Of Lake County
Trustees Deed
related
—
Dec 19, 2008
—
Kre LLC
Hud-housing Of Urban Dev
Grant Deed
related
—
Jul 21, 2008
—
Kerusso Real Estate LLC
Garcia,sergio & Marisa
Warranty Deed
$246,000 · First National Bank Illinois
—
—
Foreclosure 4 Cash INC
—
Deed Of Trust
related
$45,000 · Donald Ueber
—
—
Foreclosures 4 Cash INC
—
Deed Of Trust
related
$75,000 · Jean M Harasin
—
—
Housemart INC
—
Deed Of Trust
related
$76,500 · Mary B Mellard
—
—
Foreclosures 4 Cash INC
—
Deed Of Trust
related
$45,000 · William R Cline
—
—
Foreclosures 4 Cash INC
—
Deed Of Trust
related
$55,000 · William R Cline
—
—
Housemartbiz INC
—
Deed Of Trust
related
$100,000 · Marc T Iwahiro
—
—
Housemartbiz INC
—
Deed Of Trust
related
$75,000 · James E Dwyer
—
—
House Mart
—
Deed Of Trust
related
$114,000 · Joan F C & Joseph S C Roth
—
—
Foreclosures 4 Cash INC
—
Deed Of Trust
related
$75,000 · Harasin Marie E Trust 1 (pt)
—
—
Foreclosures 4 Cash Housemartbizinc
—
Loan Modification
related
$75,000 · Jean M Harasin
—
—
Harasin,marie E 1 Trust
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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