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    Property profile & analytics

    403 Us Hwy 421 Medaryville, IN 47957-8001

    • Grocery and convenience stores
    • 2,869 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US31-0869355
    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

    • Grocery and convenience stores

    Property Details for 403 Us Hwy 421

    Year built
    1960
    Construction
    WOOD
    Lot size
    0.19 lot acres
    Property size
    2,869 SF
    Property type
    Grocery and convenience stores
    APN
    66-13-05-101-005.000-019
    APU
    661305101005000019

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $385,000
      6.5%
      $370,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $410,000
      Mixed-Use
      $375,000
      Hospitality
      $340,000
      Educational
      $350,000
      Residential Income
      $330,000
      Energy
      $360,000
      Income-Based Land
      $375,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Medaryville
    County
    Pulaski
    State
    Indiana
    Longitude
    -86.8924
    Latitude
    41.0837

    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
    $6,123
    $37,600
    $235,500
    $273,100
    -
    $37,600
    $235,500
    $273,100

    Comparable in this City

    • Value Estimation
      $330,000
      3,496 SF

      108 Maple St

      CONVENIENCE STORE • 3,496 SF
      108 Maple St, Medaryville, IN 47957-7068
      View Details
    • Value Estimation by Request
      1,552 SF

      508 Us Hwy 421

      RETAIL STORES (PERSONAL SERVICES) • 1,552 SF
      508 Us Hwy 421, Medaryville, IN 47957-8145
      View Details
    • Value Estimation by Request
      2,006 SF

      504 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,006 SF
      504 Main St, Medaryville, IN 47957
      View Details
    • Value Estimation by Request
      2,728 SF

      505 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,728 SF
      505 Main St, Medaryville, IN 47957
      View Details
    • Value Estimation by Request
      2,046 SF

      515 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,046 SF
      515 Main St, Medaryville, IN 47957
      View Details
    • Value Estimation by Request
      4,901 SF

      14990 400th N

      RETAIL STORES (PERSONAL SERVICES) • 4,901 SF
      14990 400th N, Medaryville, IN 47957-8065
      View Details
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    403 Us Hwy 421
    Medaryville, IN 47957-8001
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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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