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    Property profile & analytics

    308 Albany St Selma, IN 47383

    • Commercial real estate
    • 2,484 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 01, 2022
    Location Intelligence
    Property ID
    US31-2513618
    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

    • Commercial real estate

    Property Details for 308 Albany St

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.10 lot acres
    Property size
    2,484 SF
    Property type
    Commercial real estate
    APN
    18-12-15-127-003.000-011
    APU
    181215127003000011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Selma
    County
    Delaware
    State
    Indiana
    Longitude
    -85.2683
    Latitude
    40.191
    CBSA code
    34620
    CBSA name
    MUNCIE, 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
    $1,005
    $4,400
    $32,500
    $36,900
    -
    $4,400
    $32,500
    $36,900

    Comparable in this City

    • Value Estimation by Request
      128 SF

      Cr 200n

      COMMERCIAL (GENERAL) • 128 SF
      Cr 200n, Selma, IN 47383
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    • Value Estimation
      $465,000
      4,880 SF

      Selma, IN 47383

      COMMERCIAL (GENERAL) • 4,880 SF
      Selma, IN 47383
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    • Value Estimation by Request
      912 SF

      Nn Cr 563rd Ee

      COMMERCIAL (GENERAL) • 912 SF
      Nn Cr 563rd Ee, Selma, IN 47383
      View Details
    • Value Estimation by Request

      3011 Whitney Rd

      Land
      3011 Whitney Rd, Selma, IN 47383
      View Details
    • Value Estimation by Request
      12,680 SF

      10201 Jackson St

      COMMERCIAL (GENERAL) • 12,680 SF
      10201 Jackson St, Selma, IN 47383-9540
      View Details
    • Value Estimation by Request
      0.42 Acres

      10200 Adj E Cr 100n

      COMMERCIAL (GENERAL) • 0.42 Acres
      10200 Adj E Cr 100n, Selma, IN 47383
      View Details

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      7+ acre property with historical cabin and event venue.
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      Downtown Selma Retail Opportunity

      Turn-key salon or convert to suit your business needs.
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    308 Albany St
    Selma, IN 47383
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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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