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    Property profile & analytics

    450 Chestnut St Union City, IN 47390-1508

    • Banks
    • 3,180 SF
    • 0.89 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Last Sale
    Nov 09, 2022
    Location Intelligence
    Property ID
    US31-2229994
    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

    • Banks

    Property Details for 450 Chestnut St

    Year built
    1976
    Construction
    WOOD
    Lot size
    0.89 lot acres
    Property size
    3,180 SF
    Property type
    Banks
    APN
    68-02-25-450-058.000-019
    APU
    680225450058000019

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Union City
    County
    Randolph
    State
    Indiana
    Longitude
    -84.8123
    Latitude
    40.1968

    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
    $6,822
    $35,000
    $192,400
    $227,400
    -
    $35,000
    $192,400
    $227,400

    Comparable in this City

    • Value Estimation
      $355,000
      5,288 SF

      211 Pearl St

      FINANCIAL BUILDING • 5,288 SF
      211 Pearl St, Union City, IN 47390-1424
      View Details
    • Value Estimation
      $340,000
      1,625 SF

      200 Oak St

      FINANCIAL BUILDING • 1,625 SF
      200 Oak St, Union City, IN 47390-1416
      View Details
    • Value Estimation by Request
      768 SF

      647 Chestnut St

      RETAIL STORES (PERSONAL SERVICES) • 768 SF
      647 Chestnut St, Union City, IN 47390-1209
      View Details
    • Value Estimation by Request
      3,960 SF

      226 Columbia St

      RETAIL STORES (PERSONAL SERVICES) • 3,960 SF
      226 Columbia St, Union City, IN 47390-1432
      View Details
    • Value Estimation by Request
      10,380 SF

      239 Pearl St

      RETAIL STORES (PERSONAL SERVICES) • 10,380 SF
      239 Pearl St, Union City, IN 47390-1443
      View Details
    • Value Estimation by Request
      6,510 SF

      236 Pearl St

      RETAIL STORES (PERSONAL SERVICES) • 6,510 SF
      236 Pearl St, Union City, IN 47390-1444
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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    • $270,000
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      Productive Tillable Land with Road Frontage

      15 acres of tillable land near Union City, Indiana.
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    Similar Nearby for Lease

    • $4 SF/Yr
      36,360 SF

      Union City Industrial Facility

      Versatile industrial facility for sale or lease in Union City.
      1303 W Chestnut St, Union City, IN 47390
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    • $10 SF/Yr
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      Versatile Industrial Space in Union

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    450 Chestnut St
    Union City, IN 47390-1508
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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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