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    Property profile & analytics

    404 Main St Chesterfield, IN 46017-1444

    • Turn key restaurants
    • 1,452 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US31-0534912
    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

    • Turn key restaurants

    Property Details for 404 Main St

    Year built
    1976
    Lot size
    0.67 lot acres
    Property size
    1,452 SF
    Property type
    Turn key restaurants
    APN
    48-12-11-200-155.000-035
    APU
    481211200155000035

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    Madison
    State
    Indiana
    Longitude
    -85.59
    Latitude
    40.1138
    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
    $7,976
    $33,500
    $212,900
    $246,400
    -
    $33,500
    $212,900
    $246,400

    Comparable in this City

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      $200,000
      4,542 SF

      2544 400th S

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    • Value Estimation
      $320,000
      2,275 SF

      410 Main St

      RESTAURANT • 2,275 SF
      410 Main St, Chesterfield, IN 46017-1444
      View Details
    • Value Estimation
      $370,000
      2,089 SF

      2460 County Rd 67

      RESTAURANT • 2,089 SF
      2460 County Rd 67, Chesterfield, IN 46017-1918
      View Details
    • Value Estimation
      $315,000
      2,000 SF

      4969 County Rd 67

      RESTAURANT • 2,000 SF
      4969 County Rd 67, Chesterfield, IN 46017-9548
      View Details
    • Value Estimation by Request
      1,872 SF

      109 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,872 SF
      109 Main St, Chesterfield, IN 46017-1105
      View Details
    • Value Estimation
      $500,000
      26,492 SF

      225 Federal Dr

      SHOPPING CENTER, STRIP CENTER • 26,492 SF
      225 Federal Dr, Chesterfield, IN 46017-1525
      View Details

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    • Contact for pricing
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    404 Main St
    Chesterfield, IN 46017-1444
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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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