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Financial
Distress signals
Property profile

415 Michigan St 20 New Carlisle, IN 46552

OFF-MARKET
Retail space
Property ID
US31-2091797
2,880 SF 0.57 ac lot Built 1946
Last sale Mar 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an Irish pub/restaurant operation housed in a commercial building with associated land and on-site amenities, including a full-service bar area and a commercial kitchen with multiple pieces of equipment that had been upgraded. It provides indoor seating for 80+ guests and outdoor seating for 20. The site includes a large parking lot and a 3/4 poured basement that can serve as auxiliary space for operations and storage. The property also includes a liquor license (3-way liquor…

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$107k
Assessed land$47k
Assessed improvement$60k
Effective rate3.31%

Value estimate

· Oct 2026
$280k
$252k – $308k
AI approach$280k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$90/SF
County average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$33 – $132

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionST JOSEPH

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office9.1
HVAC Service9.1
Electrical Service9.0

Location

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

9 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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