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    Property profile & analytics

    424 Main St Gas City, IN 46933-1075

    • Office Properties & Spaces
    • 85,748 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 16, 2023
    Location Intelligence
    Property ID
    US31-1462820
    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

    • Office Properties & Spaces

    Property Details for 424 Main St

    Year built
    1956
    Construction
    CONCRETE
    Lot size
    0.40 lot acres
    Property size
    85,748 SF
    Property type
    Office Properties & Spaces
    APN
    27-07-33-103-019.000-018
    APU
    270733103019000018

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gas City
    County
    Grant
    State
    Indiana
    Longitude
    -85.6223
    Latitude
    40.489
    CBSA code
    31980
    CBSA name
    MARION, IN MICROPOLITAN 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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $300,000
      1,188 SF

      138 Main St

      OFFICE (GENERAL) • 1,188 SF
      138 Main St, Gas City, IN 46933-1463
      View Details
    • Value Estimation
      $345,000
      7,200 SF

      6040 500th S

      OFFICE (GENERAL) • 7,200 SF
      6040 500th S, Gas City, IN 46933-9539
      View Details
    • Value Estimation by Request
      1,040 SF

      121 3rd St

      OFFICE (GENERAL) • 1,040 SF
      121 3rd St, Gas City, IN 46933-1418
      View Details
    • Value Estimation by Request
      2,772 SF

      211 Main St

      OFFICE (GENERAL) • 2,772 SF
      211 Main St, Gas City, IN 46933-1457
      View Details
    • Value Estimation
      $335,000
      5,942 SF

      2015 Main St

      OFFICE (GENERAL) • 5,942 SF
      2015 Main St, Gas City, IN 46933-1636
      View Details
    • Value Estimation
      $355,000
      3,836 SF

      94 Schaffer Dr

      OFFICE (GENERAL) • 3,836 SF
      94 Schaffer Dr, Gas City, IN 46933-1642
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.54 Acres

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      Gas City, IN prime commercial lots
      I-69 Rd, Gas City, IN 46933
      View Details
    • $1,487,000
      10,566 SF

      Dollar General NNN Investment Opportunity

      NNN Dollar General with corporate guaranty and zero landlord obligations.
      801 E Main St, Gas City, IN 46933
      View Details
    • $97,500
      10.00 Acres

      North Judson Agricultural Land Opportunity

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      1 W 500 S, North Judson, IN 46933
      View Details
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    424 Main St
    Gas City, IN 46933-1075
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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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