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    Property profile & analytics

    308 Indiana Ave Sellersburg, IN 47172-1223

    • Strip malls
    • 11,000 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 08, 2022
    $11,825
    Location Intelligence
    Property ID
    US31-2241906
    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

    • Strip malls

    Property Details for 308 Indiana Ave

    Year built
    2002
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.26 lot acres
    Property size
    11,000 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    10-17-11-100-209.000-031
    APU
    101711100209000031

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sellersburg
    County
    Clark
    State
    Indiana
    Longitude
    -85.7541
    Latitude
    38.4009
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-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
    $15,575
    $31,800
    $667,800
    $699,600
    -
    $31,800
    $667,800
    $699,600

    Comparable in this City

    • Value Estimation by Request
      12,000 SF

      8007 Hwy 311

      SHOPPING CENTER, STRIP CENTER • 12,000 SF
      8007 Hwy 311, Sellersburg, IN 47172-1881
      View Details
    • Value Estimation by Request
      12,768 SF

      7600 Hwy 60

      SHOPPING CENTER, STRIP CENTER • 12,768 SF
      7600 Hwy 60, Sellersburg, IN 47172-2040
      View Details
    • Value Estimation by Request
      24,054 SF

      7414 Hwy 311

      SHOPPING CENTER, STRIP CENTER • 24,054 SF
      7414 Hwy 311, Sellersburg, IN 47172
      View Details
    • Value Estimation by Request
      15,806 SF

      300 Hunter Sta Rd

      SHOPPING CENTER, STRIP CENTER • 15,806 SF
      300 Hunter Sta Rd, Sellersburg, IN 47172
      View Details
    • Value Estimation
      $475,000
      4,000 SF

      482 Indiana Ave, Unit 490

      SHOPPING CENTER, STRIP CENTER • 4,000 SF
      482 Indiana Ave, Sellersburg, IN 47172-1225
      View Details
    • Value Estimation
      $400,000
      4,000 SF

      220 Indianola St

      SHOPPING CENTER, STRIP CENTER • 4,000 SF
      220 Indianola St, Sellersburg, IN 47172-1153
      View Details

    Similar Nearby for Sale

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    • $270,000
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    • Contact for pricing
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    Similar Nearby for Lease

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      Sellersburg I-65 Retail Pads

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    • $1,500,000
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      Finished and unfinished retail space on a high-traffic road.
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    • $24 SF/Yr
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      Sellersburg Office Space Available

      Versatile office suites, prime location.
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    • $7 SF/Yr
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      Sellersburg Industrial Build-to-Suit

      60,000 SF Manufacturing/Flex Space
      4600 Progress Way, Sellersburg, IN 47172
      View Details
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    308 Indiana Ave
    Sellersburg, IN 47172-1223
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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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