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    Property profile & analytics

    4050 Lincoln Hwy Bourbon, IN 46504-9610

    • Manufacturing properties
    • 75,900 SF
    • 34.34 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 05, 2021
    Location Intelligence
    Property ID
    US31-1913736
    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

    • Faulkner Fabricating Inc / Machine Shop / Laser Cutting Service
    • Nicorr / Construction Company

    Property Details for 4050 Lincoln Hwy

    Year built
    1980
    Construction
    TYPE NOT SPECIFIED
    Lot size
    34.34 lot acres
    Property size
    75,900 SF
    Property type
    Manufacturing properties
    APN
    50-33-23-000-006.000-001
    APU
    503323000006000001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bourbon
    County
    Marshall
    State
    Indiana
    Longitude
    -86.1386
    Latitude
    41.3016
    CBSA code
    38500
    CBSA name
    PLYMOUTH, IN MICROPOLITAN 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
    $38,627
    $286,600
    $3,721,600
    $4,008,200
    -
    $286,600
    $3,721,600
    $4,008,200

    Comparable in this City

    • Value Estimation
      $425,000
      20,538 SF

      113 Main St

      MANUFACTURING (LIGHT) • 20,538 SF
      113 Main St, Bourbon, IN 46504-1645
      View Details
    • Value Estimation by Request
      3,600 SF

      1860 12th Rd

      MANUFACTURING (LIGHT) • 3,600 SF
      1860 12th Rd, Bourbon, IN 46504-9595
      View Details
    • Value Estimation
      $825,000
      73,780 SF

      606 Ctr St

      MANUFACTURING (LIGHT) • 73,780 SF
      606 Ctr St, Bourbon, IN 46504-1170
      View Details
    • Value Estimation by Request
      17,445 SF

      7626 Fir Rd

      STORAGE YARD, OPEN STORAGE • 17,445 SF
      7626 Fir Rd, Bourbon, IN 46504-9622
      View Details
    • Value Estimation
      $370,000
      12,740 SF

      1855 12th Rd

      STORAGE YARD, OPEN STORAGE • 12,740 SF
      1855 12th Rd, Bourbon, IN 46504-9595
      View Details
    • Value Estimation
      $510,000
      28,018 SF

      12361 Elm Rd

      WAREHOUSE, STORAGE • 28,018 SF
      12361 Elm Rd, Bourbon, IN 46504-9608
      View Details
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    4050 Lincoln Hwy
    Bourbon, IN 46504-9610
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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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