Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

4492 Us Highway 421 Versailles, IN 47042

  • Commercial real estate
  • 4,784 SF
  • 1.37 lot acres
Value Estimation
Location Intelligence
Property ID
US31-1187923
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

  • Commercial real estate

Property Details for 4492 Us Highway 421

Year built
1954
Construction
WOOD
Lot size
1.37 lot acres
Property size
4,784 SF
Property type
Commercial real estate
APN
69-13-34-800-009.000-013
APU
691334800009000013

Description

This exceptional 1.82-acre property, located at 4492 S US Highway 421 in Versailles, Indiana, presents a remarkable business opportunity. The clean and well-maintained building, previously used as a bulk food store, offers immense versatility. Its strategic location between the historic towns of Madison and Versailles ensures high visibility and accessibility. The building itself features a mini-kitchen with a hand-washing station and a three-basin sink, along with a half-bath, office space, and ample storage. A full basement provides even more storage and includes a shower. The property also boasts a substantial 34x48 garage, offering additional storage capacity. This garage is equipped with a 100-amp electric breaker box and features both an 8x16 overhead door and a 10x16 barn-style door. Adding to the property's charm is an old hitching post situated in front of the garage. The property extends across both sides of 450 S. While the total acreage is 1.8230 acres, the usable acreage is approximately 1.37 acres due to existing roadways. The property is zoned as Local Business, allowing for a wide range of potential uses, including retail, wholesale, restaurant, office space, or even conversion into a multi-family dwelling. This property offers a unique blend of functionality, location, and potential, making it an ideal investment for discerning entrepreneurs.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Versailles
County
Ripley
State
Indiana
Longitude
-85.2873
Latitude
39.0085

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
$2,457
$31,700
$82,700
$114,400
-
$31,700
$82,700
$114,400
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message