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    Property profile & analytics

    404 Illinois St Walkerton, IN 46574-1101

    • Retail space
    • 2,294 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Last Sale
    Dec 27, 2024
    Location Intelligence
    Property ID
    US31-1427490
    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

    • Dewayne Pavey Insurance / Insurance Agency

    Property Details for 404 Illinois St

    Year built
    1965
    Construction
    WOOD
    Lot size
    0.09 lot acres
    Property size
    2,294 SF
    Property type
    Retail space
    APN
    71-16-24-310-013.000-015
    APU
    711624310013000015

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Walkerton
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.4829
    Latitude
    41.466
    CBSA code
    43780
    CBSA name
    SOUTH BEND-MISHAWAKA, IN-MI 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
    $2,754
    $21,500
    $68,200
    $89,700
    -
    $21,500
    $68,200
    $89,700

    Comparable in this City

    • Value Estimation by Request
      1,482 SF

      712 Roosevelt Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,482 SF
      712 Roosevelt Rd, Walkerton, IN 46574
      View Details
    • Value Estimation by Request
      1,296 SF

      7747 State Rd 23

      RETAIL STORES (PERSONAL SERVICES) • 1,296 SF
      7747 State Rd 23, Walkerton, IN 46574-9360
      View Details
    • Value Estimation by Request
      1,708 SF

      7865 State Rd 23

      RETAIL STORES (PERSONAL SERVICES) • 1,708 SF
      7865 State Rd 23, Walkerton, IN 46574-8179
      View Details
    • Value Estimation by Request
      1,724 SF

      7992 State Rd 4th 4

      RETAIL STORES (PERSONAL SERVICES) • 1,724 SF
      7992 State Rd 4th 4, Walkerton, IN 46574-9528
      View Details
    • Value Estimation
      $325,000
      7,388 SF

      300 Liberty St

      RETAIL STORES (PERSONAL SERVICES) • 7,388 SF
      300 Liberty St, Walkerton, IN 46574-1246
      View Details
    • Value Estimation
      $345,000
      6,080 SF

      302 Lakeside Dr

      RETAIL STORES (PERSONAL SERVICES) • 6,080 SF
      302 Lakeside Dr, Walkerton, IN 46574-9537
      View Details

    Similar Nearby for Sale

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      Downtown Walkerton Commercial Property

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      Residential land parcel available in Walkerton, Indiana.
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      Land Near Lake, Walkerton, IN

      Two parcels of land near Lake Elaine and Upper Fish Lake.
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      Pending

      Vacant Land Near Lower Fish

      Unimproved land available near Lower Fish Lake in Walkerton, Indiana.
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    • $32,000
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      Land Near Fish Lake, IN

      Vacant lot within walking distance to Fish Lake amenities.
      S Longshore Dr, Walkerton, IN 46574
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    404 Illinois St
    Walkerton, IN 46574-1101
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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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