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

    329 State Rd 135 Morgantown, IN 46160-9700

    • Turn key restaurants
    • 5,688 SF
    • 0.97 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Last Sale
    Aug 24, 2023
    Location Intelligence
    Property ID
    US31-1338961
    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

    • Turn key restaurants

    Property Details for 329 State Rd 135

    Year built
    1980
    Construction
    WOOD
    Lot size
    0.97 lot acres
    Property size
    5,688 SF
    Property type
    Turn key restaurants
    APN
    55-14-25-142-017.000-013
    APU
    551425142017000013

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morgantown
    County
    Morgan
    State
    Indiana
    Longitude
    -86.2624
    Latitude
    39.3687
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, 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
    $2,616
    $67,100
    $106,200
    $173,300
    -
    $67,100
    $106,200
    $173,300

    Comparable in this City

    • Value Estimation
      $350,000
      2,688 SF

      7690 Jack Crk Rd

      RESTAURANT • 2,688 SF
      7690 Jack Crk Rd, Morgantown, IN 46160
      View Details
    • Value Estimation
      $305,000
      6,713 SF

      129 Marion St

      RESTAURANT • 6,713 SF
      129 Marion St, Morgantown, IN 46160-9543
      View Details
    • Value Estimation
      $285,000
      1.00 Acre

      679 State Rd 135

      RESTAURANT • 1.00 Acre
      679 State Rd 135, Morgantown, IN 46160-9767
      View Details
    • Value Estimation by Request
      3,400 SF

      120 Marion St

      SHOW ROOM, WAREHOUSE • 3,400 SF
      120 Marion St, Morgantown, IN 46160
      View Details
    • Value Estimation by Request
      9,230 SF

      529 State Rd 135

      WHOLESALE OUTLET, DISCOUNT STORE • 9,230 SF
      529 State Rd 135, Morgantown, IN 46160-9735
      View Details
    • Value Estimation
      $305,000
      4,545 SF

      79 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 4,545 SF
      79 Washington St, Morgantown, IN 46160-9545
      View Details

    Similar Nearby for Sale

    • $240,000
      10.87 Acres

      Morgantown Farm Land Opportunity

      10.87 acre parcel with utilities near I-69.
      E S R 252, Morgantown, IN 46160
      View Details
    • $79,900
      Pending

      Morgantown Duplex with Rental Income

      Duplex in Morgantown, IN with potential rental income.
      179 E Washington St, Morgantown, IN 46160
      View Details
    • $57,112
      1.51 Acres

      Residential Lots in Serene Subdivision

      1.513 acre wooded lot with lake access near major cities.
      2679 S Gayle Dr, Morgantown, IN 46160
      View Details
    • $317,000
      23.88 Acres

      Secluded Residential Lots in Morgantown

      24 acres of wooded land divisible into 3-acre parcels.
      493 Hornettown Ln, Morgantown, IN 46160
      View Details
    • $56,568
      0.96 Acres

      Residential Lots in Country Location

      Residential lots with lake access, convenient to Indy, Bloomington, Columbus.
      2634 S Oscar Ct, Morgantown, IN 46160
      View Details
    • $1,700,000
      5,830 SF

      Morgantown Farm with Equestrian Facilities

      33+ acre farm featuring a ranch home and equestrian facilities.
      7601 S 700 W, Morgantown, IN 46160
      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.
    329 State Rd 135
    Morgantown, IN 46160-9700
    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.