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    Property profile & analytics

    480 Indian Boundary Rd Chesterton, IN 46304-1513

    • Turn key restaurants
    • 4,708 SF
    • 1.57 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-0623005
    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

    • Turn key restaurants

    Property Details for 480 Indian Boundary Rd

    Year built
    2007
    Lot size
    1.57 lot acres
    Property size
    4,708 SF
    Property type
    Turn key restaurants
    APN
    64-04-31-156-014.000-023
    APU
    640431156014000023

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chesterton
    County
    Porter
    State
    Indiana
    Longitude
    -87.0448
    Latitude
    41.6164
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI 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
    $18,707
    $386,100
    $351,000
    $737,100
    -
    $386,100
    $351,000
    $737,100

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      139-141 Calumet Rd

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      701 Plz Dr

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      381 Indian Boundary Rd

      RESTAURANT • 2,665 SF
      381 Indian Boundary Rd, Chesterton, IN 46304-1510
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    • Value Estimation
      $285,000
      3,268 SF

      715 Plz Dr

      RESTAURANT • 3,268 SF
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      Retail property with high visibility and strong demographics.
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    Similar Nearby for Lease

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      Chesterton Executive Office Space

      Prime Office Suites, 4,635 SF Available
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      Office Suite For Rent

      1,465 SF office suite available for lease.
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    Property Visit Statistics

    • Visits by month
      50.1k
    • Visitors by month
      26.0k
    • Avg Time on site
      10 min
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    480 Indian Boundary Rd
    Chesterton, IN 46304-1513
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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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