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Financial
Distress signals
Property profile

414 Lincolnway La Porte, IN 46350

FOR SALE
Medical Office Space
Property ID
US31-2390309
1,653 SF 0.23 ac lot Built 1936
Last sale Mar 2024
Trust Owned Owner of record is a trust. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 1,653-square-foot medical office property is a solid all-brick building constructed in 1936. The interior layout includes six offices plus dedicated reception and waiting areas. A basement adds additional interior space, and the building is supported by forced-air heating with natural gas service; a refrigerator is included. The property sits on a 0.2314-acre site with front parking and a rear area maintained as grass, which provides room for potential additional parking expansion. Public…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$115k
Assessed land$57k
Assessed improvement$59k
Effective rate3.35%

Value estimate

· Oct 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$2k
Operating expenses−$13k
NOI · 8.36% cap applied$20k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
8.36%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLA PORTE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.0
Bakery9.7
Watch Repair Shop8.7

Location

414 Lincolnway La Porte, IN 46350
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 17 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2910 Monroe St, La Porte, IN 46350-5249 $1,720,000 May 2025 No data
204 Legacy W, La Porte, IN 46350-5285 $2,788,383 Mar 2024 4,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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