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    Property profile & analytics

    415 Michigan St, Unit 20 New Carlisle, IN 46552-9777

    • Retail space
    • 2,880 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Last Sale
    Mar 11, 2024
    Location Intelligence
    Property ID
    US31-2091797
    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

    • Kate O'Connor's Irish Pub / Irish Pub

    Property Details for 415 Michigan St

    Year built
    1946
    Construction
    WOOD
    Lot size
    0.57 lot acres
    Property size
    2,880 SF
    Property type
    Retail space
    APN
    71-01-35-102-001.000-018
    APU
    710135102001000018

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Carlisle
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.5021
    Latitude
    41.7086
    CBSA code
    43780
    CBSA name
    SOUTH BEND-MISHAWAKA, IN-MI 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
    $3,538
    $46,700
    $60,100
    $106,800
    -
    $46,700
    $60,100
    $106,800

    Comparable in this City

    • Value Estimation by Request
      1,776 SF

      106 Filbert St

      RETAIL STORES (PERSONAL SERVICES) • 1,776 SF
      106 Filbert St, New Carlisle, IN 46552
      View Details
    • Value Estimation
      $310,000
      4,160 SF

      128 Michigan St

      RETAIL STORES (PERSONAL SERVICES) • 4,160 SF
      128 Michigan St, New Carlisle, IN 46552
      View Details
    • Value Estimation
      $355,000
      2,481 SF

      755 Michigan St

      RETAIL STORES (PERSONAL SERVICES) • 2,481 SF
      755 Michigan St, New Carlisle, IN 46552-9601
      View Details
    • Value Estimation by Request
      880 SF

      119 Michigan St

      RETAIL STORES (PERSONAL SERVICES) • 880 SF
      119 Michigan St, New Carlisle, IN 46552
      View Details
    • Value Estimation by Request
      5,024 SF

      55969 Tulip Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,024 SF
      55969 Tulip Rd, New Carlisle, IN 46552-9769
      View Details
    • Value Estimation by Request
      10,296 SF

      8989 Us-20

      Individual retail properties • 10,296 SF
      8989 Us-20, New Carlisle, IN 46552
      View Details

    Similar Nearby for Sale

    • $270,000
      0.12 Acres

      Hardware Store in Historic Downtown

      Established hardware store with retail space and rental apartment.
      123 E Michigan St, New Carlisle, IN 46552
      View Details
    • $475,000
      1,656 SF

      Mixed-Use Building with Drive-Thru

      Former bank building in downtown New Carlisle with drive-thru.
      118 E Michigan St, New Carlisle, IN 46552
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    • $1,300,000

      New Carlisle Restaurant - $1.3M

      Established Restaurant, Ample Parking, Extra Lot Included
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    • $789,900
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      10-Acre Commercial Land, New Carlisle, IN

      Prime Commercial Land, High Traffic Area
      860 Michigan St, New Carlisle, IN 46552
      View Details
    • $1,454,000
      37.28 Acres

      New Carlisle Residential Land - 37 Acres

      Prime development land, near town, utilities nearby.
      54760 County Line Rd, New Carlisle, IN 46552
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    • $472,000
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      New Carlisle Residential Land

      13.48 Acres, Prime Location
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      View Details
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    415 Michigan St, Unit 20
    New Carlisle, IN 46552-9777
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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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