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    Property profile & analytics

    4352 State Rd 38 Markleville, IN 46056-9764

    • Retail space
    • 586 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 05, 2021
    Location Intelligence
    Property ID
    US31-2868501
    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

    • Retail space

    Property Details for 4352 State Rd 38

    Year built
    1953
    Construction
    WOOD
    Lot size
    0.07 lot acres
    Property size
    586 SF
    Property type
    Retail space
    APN
    48-13-28-400-100.000-002
    APU
    481328400100000002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Markleville
    County
    Madison
    State
    Indiana
    Longitude
    -85.6148
    Latitude
    39.977
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN 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
    $615
    $2,800
    $21,900
    $24,700
    -
    $2,800
    $21,900
    $24,700

    Comparable in this City

    • Value Estimation by Request
      1,107 SF

      105 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,107 SF
      105 Main St, Markleville, IN 46056-9419
      View Details
    • Value Estimation by Request
      1,400 SF

      9 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,400 SF
      9 Main St, Markleville, IN 46056
      View Details
    • Value Estimation by Request
      2,200 SF

      4 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,200 SF
      4 Main St, Markleville, IN 46056
      View Details
    • Value Estimation by Request
      1,440 SF

      35 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
      35 Main St, Markleville, IN 46056-9454
      View Details
    • Value Estimation
      $385,000
      6,040 SF

      Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,040 SF
      Main St, Markleville, IN 46056
      View Details
    • Value Estimation
      $235,000
      240 SF

      6997 200th E

      CONVENIENCE STORE • 240 SF
      6997 200th E, Markleville, IN 46056-9704
      View Details

    Similar Nearby for Sale

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      Markleville Hobby Farm with Fenced Land

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    4352 State Rd 38
    Markleville, IN 46056-9764
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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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