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    Property profile & analytics

    500 Frnt St Thorntown, IN 46071-1349

    • Office Properties & Spaces
    • 1,032 SF
    • 12.02 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Last Sale
    Mar 03, 2022
    Location Intelligence
    Property ID
    US31-2346121
    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 500 Frnt St

    Year built
    1972
    Construction
    WOOD
    Lot size
    12.02 lot acres
    Property size
    1,032 SF
    Zone code
    ZO01
    Property type
    Office Properties & Spaces
    APN
    06-09-02-000-021.000-014
    APU
    60902000021000014

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Thorntown
    County
    Boone
    State
    Indiana
    Longitude
    -86.6018
    Latitude
    40.1249
    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
    $2,631
    $81,900
    $120,900
    $202,800
    -
    $81,900
    $120,900
    $202,800

    Comparable in this City

    • Value Estimation by Request
      1,418 SF

      206 Main St

      OFFICE (GENERAL) • 1,418 SF
      206 Main St, Thorntown, IN 46071-1124
      View Details
    • Value Estimation by Request
      12,860 SF

      124 Market St

      OFFICE (GENERAL) • 12,860 SF
      124 Market St, Thorntown, IN 46071-1144
      View Details
    • Value Estimation
      $340,000
      11,920 SF

      301 Main St

      OFFICE (GENERAL) • 11,920 SF
      301 Main St, Thorntown, IN 46071-1131
      View Details
    • Value Estimation
      $340,000
      6,050 SF

      210 St

      OFFICE (GENERAL) • 6,050 SF
      210 St, Thorntown, IN 46071-1260
      View Details
    • Value Estimation
      $385,000
      800 SF

      201 Pearl St

      OFFICE (GENERAL) • 800 SF
      201 Pearl St, Thorntown, IN 46071-1235
      View Details
    • Value Estimation by Request
      2,432 SF

      200 Market St

      OFFICE (GENERAL) • 2,432 SF
      200 Market St, Thorntown, IN 46071-1016
      View Details

    Similar Nearby for Sale

    • $1,690,000
      3,800 SF

      Ironwood Farms: Event Venue & Farm

      Boone County, IN: 27 Acres, Event Space
      5411 Us-52, Thorntown, IN 46071
      View Details
    • $179,000
      4.00 Acres

      Thorntown Residential Land Opportunity

      4 acres of residential or recreational land near Sugar Creek.
      7001 N 1075 W, Thorntown, IN 46071
      View Details
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    500 Frnt St
    Thorntown, IN 46071-1349
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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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