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    Property profile & analytics

    407 3rd St Howe, IN 46746-9811

    • Turn key restaurants
    • 2,936 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-1605687
    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

    • The Gathering Place Restaurant / American Restaurant / Breakfast Restaurant

    Property Details for 407 3rd St

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.23 lot acres
    Property size
    2,936 SF
    Property type
    Turn key restaurants
    APN
    44-02-30-300-000.026-012
    APU
    440230300000026012

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Howe
    County
    Lagrange
    State
    Indiana
    Longitude
    -85.4197
    Latitude
    41.7197

    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
    $705
    $18,300
    $58,500
    $76,800
    -
    $18,300
    $58,500
    $76,800

    Comparable in this City

    • Value Estimation
      $360,000
      2,319 SF

      5385 State Rd 9th 9

      RESTAURANT • 2,319 SF
      5385 State Rd 9th 9, Howe, IN 46746
      View Details
    • Value Estimation
      $350,000
      1,640 SF

      405 3rd St

      RESTAURANT • 1,640 SF
      405 3rd St, Howe, IN 46746-9811
      View Details
    • Value Estimation
      $375,000
      8,668 SF

      10 815th N

      RESTAURANT • 8,668 SF
      10 815th N, Howe, IN 46746-9708
      View Details
    • Value Estimation
      $350,000
      3,227 SF

      5485 State Rd 9th 9

      FINANCIAL BUILDING • 3,227 SF
      5485 State Rd 9th 9, Howe, IN 46746
      View Details
    • Value Estimation
      $415,000
      9,170 SF

      5580 State Rd 9th 9

      RETAIL STORES (PERSONAL SERVICES) • 9,170 SF
      5580 State Rd 9th 9, Howe, IN 46746-9102
      View Details
    • Value Estimation by Request
      6,120 SF

      5535 State Rd 9th 9

      CONVENIENCE STORE • 6,120 SF
      5535 State Rd 9th 9, Howe, IN 46746
      View Details

    Similar Nearby for Sale

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      Prime development opportunity near I-80/90.
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    • $700,000
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      Howe Commercial Property - Huge Potential

      Two Buildings, 1.65 Acres, High Traffic
      10 815, Howe, IN 46746
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    • $325,000
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      Howe, IN Commercial Pole Building

      Versatile Commercial Space, Two Units
      355 700, Howe, IN 46746
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    • $1,800,000
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      Prime Development Opportunity in Howe

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    407 3rd St
    Howe, IN 46746-9811
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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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