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    Property profile & analytics

    406 Adams St Versailles, IN 47042-9490

    • Residential income homes
    • 1,584 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US31-0771566
    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

    • Residential income homes

    Property Details for 406 Adams St

    Year built
    1920
    Construction
    WOOD
    Lot size
    0.17 lot acres
    Property size
    1,584 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    69-13-12-224-079.000-014
    APU
    691312224079000014

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Versailles
    County
    Ripley
    State
    Indiana
    Longitude
    -85.2537
    Latitude
    39.0684

    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
    $2,160
    $15,400
    $76,900
    $92,300
    -
    $15,400
    $76,900
    $92,300

    Comparable in this City

    • Value Estimation by Request
      2,813 SF

      133 Main St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,813 SF
      133 Main St, Versailles, IN 47042-8028
      View Details
    • Value Estimation by Request
      3,120 SF

      220 1st N St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,120 SF
      220 1st N St, Versailles, IN 47042
      View Details
    • Value Estimation by Request
      2,668 SF

      115 Jarvis Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,668 SF
      115 Jarvis Dr, Versailles, IN 47042-9436
      View Details
    • Value Estimation by Request
      1,768 SF

      112 Main St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,768 SF
      112 Main St, Versailles, IN 47042-8027
      View Details
    • Value Estimation by Request
      3,240 SF

      117 Tyson St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,240 SF
      117 Tyson St, Versailles, IN 47042-8035
      View Details
    • Value Estimation
      $300,000
      1,892 SF

      200 Abdon Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,892 SF
      200 Abdon Dr, Versailles, IN 47042-9730
      View Details

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    406 Adams St
    Versailles, IN 47042-9490
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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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