Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    406 12th St Bloomington, IN 47408-2004

    • Parking lots & garages
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 19, 2020
    Location Intelligence
    Property ID
    US31-0968862
    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

    • Parking lots & garages

    Property Details for 406 12th St

    Year built
    1999
    Lot size
    0.05 lot acres
    Property type
    Parking lots & garages
    APN
    53-05-33-210-046.000-005
    APU
    530533210046000005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.5296
    Latitude
    39.174
    CBSA code
    14020
    CBSA name
    BLOOMINGTON, 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
    $717
    $66,600
    $1,000
    $67,600
    -
    $66,600
    $1,000
    $67,600

    Comparable in this City

    • Value Estimation by Request
      0.33 Acres

      Dunn St

      PARKING LOT • 0.33 Acres
      Dunn St, Bloomington, IN 47408
      View Details
    • Value Estimation by Request
      27,600 SF

      4600 Morningside Dr

      PARKING LOT • 27,600 SF
      4600 Morningside Dr, Bloomington, IN 47408
      View Details
    • Value Estimation by Request
      0.11 Acres

      9th St

      PARKING LOT • 0.11 Acres
      9th St, Bloomington, IN 47408
      View Details
    • Value Estimation by Request
      0.16 Acres

      Grant St

      PARKING LOT • 0.16 Acres
      Grant St, Bloomington, IN 47408
      View Details
    • Value Estimation by Request
      261,278 SF

      345 17th St

      PARKING GARAGE, PARKING STRUCTURE • 261,278 SF
      345 17th St, Bloomington, IN 47408-1811
      View Details
    • Value Estimation by Request
      191,200 SF

      Eagleson Ave

      PARKING GARAGE, PARKING STRUCTURE • 191,200 SF
      Eagleson Ave, Bloomington, IN 47408
      View Details

    Similar Nearby for Sale

    • $395,000
      5,000 SF

      Prime Bloomington Gas Station Site

      Vacant 5,000 SF building, 2.64 acres
      7348 Turner Dr [7340 N Wayport Rd], Bloomington, IN 47408
      View Details
    • $395,000
      2.64 Acres

      Bloomington Retail Opportunity on 2.64 Acres

      2.64 acres with 5,000 sqft building near Sample Road Exit.
      7340 N Wayport Rd, Bloomington, IN 47408
      View Details
    • $3,150,000
      0.20 Acres

      Mixed-Use Investment Near IU Campus

      Fully leased mixed-use property near IU Campus with strong rental income.
      217 Lincoln St, Bloomington, IN 47408
      View Details
    • $799,000
      0.61 Acres

      Landmark Property with I-69 Visibility

      Unique property with showroom, warehouse, and residential space.
      8300 N Wayport Rd, Bloomington, IN 47408
      View Details
    • $900,000
      0.06 Acres

      Downtown Bloomington Restaurant/Bar For Sale

      Downtown Bloomington restaurant/bar for sale near IU Sample Gates.
      110 S Washington St, Bloomington, IN 47408
      View Details
    • $775,000
      4,302 SF

      Historic Schoolhouse with Business Potential

      East side location near IU, suitable for diverse businesses.
      4638 E State Road 45, Bloomington, IN 47408
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      2,483 SF

      Retail/Restaurant Space in Bloomington, IN

      2483 SF retail or restaurant space available for lease.
      108 E 6Th St, Bloomington, IN 47408
      View Details
    • $1,650 /Mo
      650 SF

      Kirkwood Avenue Retail Space Available

      Prime 650 SF retail space in the heart of Kirkwood.
      322 E Kirkwood Ave, Bloomington, IN 47408
      View Details
    • $3,000 /Mo
      2,151 SF

      Charming Office Building with Parking

      Historical schoolhouse with modern amenities and ample parking.
      4638 E State Road 45, Bloomington, IN 47408
      View Details
    • Contact for pricing
      4,083 SF

      Downtown Bloomington Office Space Available

      Office space for lease in a highly visible building.
      101 W Kirkwood Ave, Bloomington, IN 47408
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    406 12th St
    Bloomington, IN 47408-2004
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.