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    Property profile & analytics

    500 Madison St Plymouth, IN 46563-1528

    • Bowling alleys
    • 11,040 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Last Sale
    Nov 08, 2023
    Location Intelligence
    Property ID
    US31-1373646
    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

    • Bowling alleys

    Property Details for 500 Madison St

    Year built
    1951
    Construction
    WOOD
    Lot size
    0.50 lot acres
    Property size
    11,040 SF
    Property type
    Bowling alleys
    APN
    50-32-05-201-993.000-019
    APU
    503205201993000019

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Plymouth
    County
    Marshall
    State
    Indiana
    Longitude
    -86.3145
    Latitude
    41.3445
    CBSA code
    38500
    CBSA name
    PLYMOUTH, IN MICROPOLITAN 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
    $5,009
    $66,800
    $98,500
    $165,300
    -
    $66,800
    $98,500
    $165,300

    Comparable in this City

    • Value Estimation
      $445,000
      14,960 SF

      1024 Jefferson St

      BOWLING ALLEY • 14,960 SF
      1024 Jefferson St, Plymouth, IN 46563-1636
      View Details
    • Value Estimation by Request
      16,000 SF

      1292 Baker St

      THEATER (MOVIE) • 16,000 SF
      1292 Baker St, Plymouth, IN 46563-1582
      View Details
    • Value Estimation by Request
      2,844 SF

      811 Beerenbrook St

      THEATER (MOVIE) • 2,844 SF
      811 Beerenbrook St, Plymouth, IN 46563-1437
      View Details
    • Value Estimation by Request
      1,837 SF

      Randolph Dr

      THEATER (MOVIE) • 1,837 SF
      Randolph Dr, Plymouth, IN 46563
      View Details
    • Value Estimation by Request
      6,468 SF

      100 Michigan St

      THEATER (MOVIE) • 6,468 SF
      100 Michigan St, Plymouth, IN 46563-2133
      View Details
    • Value Estimation by Request
      26,864 SF

      2745 Oak Dr

      THEATER (MOVIE) • 26,864 SF
      2745 Oak Dr, Plymouth, IN 46563-7942
      View Details

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    Similar Nearby for Lease

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    • $13 SF/Yr
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      Plymouth Centre Retail Space

      High-traffic retail center, excellent visibility.
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      Downtown Plymouth office building, multiple suites available.
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      Downtown Plymouth Commercial Space Available

      Renovated office space in downtown Plymouth, Indiana for lease.
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    500 Madison St
    Plymouth, IN 46563-1528
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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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