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    Property profile & analytics

    401 Main St Montpelier, IN 47359-1430

    • Retail space
    • 826 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 04, 2023
    $20,000
    Location Intelligence
    Property ID
    US31-1504970
    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

    • Retail space

    Property Details for 401 Main St

    Construction
    WOOD
    Lot size
    0.08 lot acres
    Property size
    826 SF
    Zone code
    ZO01
    Property type
    Retail space
    APN
    05-02-09-101-019.000-002
    APU
    50209101019000002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montpelier
    County
    Blackford
    State
    Indiana
    Longitude
    -85.2785
    Latitude
    40.5518

    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
    $672
    $2,000
    $20,400
    $22,400
    -
    $2,000
    $20,400
    $22,400

    Comparable in this City

    • Value Estimation by Request
      3,136 SF

      309 High St

      RETAIL STORES (PERSONAL SERVICES) • 3,136 SF
      309 High St, Montpelier, IN 47359-1003
      View Details
    • Value Estimation
      $450,000
      9,042 SF

      122 Main St

      RETAIL STORES (PERSONAL SERVICES) • 9,042 SF
      122 Main St, Montpelier, IN 47359-1322
      View Details
    • Value Estimation by Request
      582 SF

      595 Huntington St

      RETAIL STORES (PERSONAL SERVICES) • 582 SF
      595 Huntington St, Montpelier, IN 47359-1009
      View Details
    • Value Estimation by Request
      2,688 SF

      129 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,688 SF
      129 Main St, Montpelier, IN 47359-1131
      View Details
    • Value Estimation by Request
      3,920 SF

      210 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,920 SF
      210 Main St, Montpelier, IN 47359-1324
      View Details
    • Value Estimation by Request
      2,940 SF

      123 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,940 SF
      123 Main St, Montpelier, IN 47359-1321
      View Details
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    401 Main St
    Montpelier, IN 47359-1430
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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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