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    Property profile & analytics

    315 Michigan St Lagrange, IN 46761

    • Parking lots & garages
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-1693406
    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 315 Michigan St

    Year built
    2009
    Lot size
    0.25 lot acres
    Property type
    Parking lots & garages
    APN
    44-07-19-300-000.062-002
    APU
    440719300000062002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lagrange
    County
    Lagrange
    State
    Indiana
    Longitude
    -85.4217
    Latitude
    41.6446

    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
    $876
    $24,500
    $12,200
    $36,700
    -
    $24,500
    $12,200
    $36,700

    Comparable in this City

    • Value Estimation by Request
      0.40 Acres

      High St

      PARKING LOT • 0.40 Acres
      High St, Lagrange, IN 46761
      View Details
    • Value Estimation by Request
      0.25 Acres

      Detroit St

      PARKING LOT • 0.25 Acres
      Detroit St, Lagrange, IN 46761
      View Details
    • Value Estimation by Request
      0.01 Acres

      Detroit St

      PARKING LOT • 0.01 Acres
      Detroit St, Lagrange, IN 46761
      View Details
    • Value Estimation by Request
      1,400 SF

      1625 Dodge Dr

      PARKING GARAGE, PARKING STRUCTURE • 1,400 SF
      1625 Dodge Dr, Lagrange, IN 46761
      View Details
    • Value Estimation by Request
      0.24 Acres

      Detroit St

      PARKING LOT • 0.24 Acres
      Detroit St, Lagrange, IN 46761
      View Details
    • Value Estimation by Request
      0.12 Acres

      Detroit St

      PARKING LOT • 0.12 Acres
      Detroit St, Lagrange, IN 46761
      View Details

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    Similar Nearby for Lease

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      Remodeled Retail/Office Space in Lagrange

      Recently remodeled retail or office space in a prime location.
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    • New
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      Retail Space in Lagrange, IN

      Retail space available for rent in Lagrange, Indiana.
      111 Spring St W, Lagrange, IN 46761
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    • Contact for pricing

      Lagrange County Office Space For Lease

      Prime Office, High Visibility, 3 Rooms
      102 Michigan Office, LaGrange, IN 46761
      View Details
    • Contact for pricing

      Lagrange Office Space: Prime Location

      West Spring Street Office: Ideal Small Business Space
      111 Spring St, LaGrange, IN 46761
      View Details
    • $12 SF/Yr
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      LaGrange Office Building For Sale

      Historic Office Building, High Potential
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      View Details
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    315 Michigan St
    Lagrange, IN 46761
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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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