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    Property profile & analytics

    338 400th N Rensselaer, IN 47978-8518

    • Office Properties & Spaces
    • 336 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 16, 2021
    Location Intelligence
    Property ID
    US31-1778408
    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

    • Office Properties & Spaces

    Property Details for 338 400th N

    Year built
    1930
    Construction
    WOOD
    Lot size
    0.21 lot acres
    Property size
    336 SF
    Zone code
    LB
    Property type
    Office Properties & Spaces
    APN
    37-10-01-003-001.003-019
    APU
    371001003001003019

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rensselaer
    County
    Jasper
    State
    Indiana
    Longitude
    -87.0536
    Latitude
    41.0713
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI 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
    $126
    $7,800
    $8,900
    $16,700
    -
    $7,800
    $8,900
    $16,700

    Comparable in this City

    • Value Estimation by Request
      2,032 SF

      1498 State Rd 14

      OFFICE (GENERAL) • 2,032 SF
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      View Details
    • Value Estimation by Request
      2,460 SF

      485 Van Rensselaer St

      OFFICE (GENERAL) • 2,460 SF
      485 Van Rensselaer St, Rensselaer, IN 47978
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    • Value Estimation by Request
      1,985 SF

      224 Washington St

      OFFICE (GENERAL) • 1,985 SF
      224 Washington St, Rensselaer, IN 47978-2822
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    • Value Estimation by Request
      1,120 SF

      119 Frnt St

      OFFICE (GENERAL) • 1,120 SF
      119 Frnt St, Rensselaer, IN 47978-2645
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    • Value Estimation by Request
      19,188 SF

      1027 College Ave

      OFFICE (GENERAL) • 19,188 SF
      1027 College Ave, Rensselaer, IN 47978-8482
      View Details
    • Value Estimation by Request
      9,986 SF

      615 Clark St

      OFFICE (GENERAL) • 9,986 SF
      615 Clark St, Rensselaer, IN 47978-2213
      View Details

    Similar Nearby for Sale

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      Established Downtown Rensselaer Cafe

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      Rensselaer Corner Development Site

      0.52 AC corner lot suitable for retail or QSR.
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    • Contact for pricing
      0.52 Acres

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    Similar Nearby for Lease

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      6,880 SF

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    338 400th N
    Rensselaer, IN 47978-8518
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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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