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    Property profile & analytics

    360 Madison Ave Greenwood, IN 46142-3150

    • Parking lots & garages
    • 0.90 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US31-0535181
    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

    • Inter-Health Acupuncture & Counseling / Mental Health Clinic / Mental Health Service
    • Brent Shewmaker - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency
    • Rehabilitation Options of Indiana / Marriage Or Relationship Counselor / Social Worker
    • Hairi Kari / Beauty Salon
    • Reed Marks Hair Design / Beauty Salon

    Property Details for 360 Madison Ave

    Year built
    1960
    Construction
    CONCRETE
    Lot size
    0.90 lot acres
    Property type
    Parking lots & garages
    APN
    41-02-32-042-009.000-026
    APU
    410232042009000026

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $295,000
      6.5%
      $310,000
      7%
      $325,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $345,000
      Retail
      $260,000
      Mixed-Use
      $270,000
      Hospitality
      $285,000
      Educational
      $315,000
      Residential Income
      $300,000
      Energy
      $255,000
      Income-Based Land
      $330,000
      Food Service
      $285,000

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.1101
    Latitude
    39.6107
    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
    $3,967
    $192,400
    $23,200
    $215,600
    -
    $192,400
    $23,200
    $215,600

    Comparable in this City

    • Value Estimation
      $320,000
      1,578 SF

      461 Main St

      PARKING LOT • 1,578 SF
      461 Main St, Greenwood, IN 46142-3116
      View Details
    • Value Estimation by Request
      0.45 Acres

      45 12th N Madison Ave

      PARKING LOT • 0.45 Acres
      45 12th N Madison Ave, Greenwood, IN 46142-3526
      View Details
    • Value Estimation
      $715,000
      0.03 Acres

      223 Main St

      PARKING LOT • 0.03 Acres
      223 Main St, Greenwood, IN 46142-3157
      View Details
    • Value Estimation by Request
      0.44 Acres

      Nn Blf Rd

      PARKING LOT • 0.44 Acres
      Nn Blf Rd, Greenwood, IN 46142
      View Details
    • Value Estimation
      $720,000
      0.03 Acres

      189 Main St

      PARKING LOT • 0.03 Acres
      189 Main St, Greenwood, IN 46142-3110
      View Details
    • Value Estimation
      $340,000
      1.75 Acres

      Marlin Dr

      PARKING LOT • 1.75 Acres
      Marlin Dr, Greenwood, IN 46142
      View Details

    Similar Nearby for Sale

    • $998,500
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      Center Grove Commercial Land

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      Historic Greenwood Retail Gem

      Iconic 1850s building, 5,234 sqft, 1.88 acres.
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      Greenwood Retail Center - 2 Acres

      High-visibility retail space, I-69 access.
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      View Details
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      Greenwood Retail Space - Prime Location

      High-traffic retail space, 5,000 sq ft, 2 acres.
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    • $749,900
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      Main Street retail w/upstairs office
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    Similar Nearby for Lease

    • $12 SF/Yr
      5,952 SF

      Automotive/Industrial Building For Rent

      6,000 SF automotive/industrial building with highway access.
      326 Western Blvd, Greenwood, IN 46142
      View Details
    • Contact for pricing
      6,787 SF

      Retail Space Near Greenwood Park

      Neighborhood shopping center with high visibility and convenient access.
      745 U.S Hwy 31 North, Greenwood, IN 46142
      View Details
    • Contact for pricing
      2,352 SF

      Greenwood Retail Spaces Available

      Retail and restaurant spaces available in Greenwood, Indiana.
      1100 N State Road 135, Greenwood, IN 46142
      View Details
    • $18 SF/Yr
      91,416 SF

      Allyne Parke Retail Space Available

      Greenwood, IN Retail Center: High Traffic
      1001 State Road 135, Greenwood, IN 46142
      View Details
    • New
      $6,500 /Mo
      4,524 SF

      Downtown Greenwood Retail Space Available

      Charming 4,500+ SF storefront in the heart of Greenwood.
      220 W Main St, Greenwood, IN 46142
      View Details
    • Contact for pricing
      31,346 SF

      Greenwood Retail Space Available

      Large Big Box Retail Space in Greenwood, IN
      1230 Hwy 31, Greenwood, IN 46142
      View Details
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    360 Madison Ave
    Greenwood, IN 46142-3150
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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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