Financial
Distress signals
Property profile

501 N Broadway St Butler, IN 46721

FOR SALE
Auto shops
Property ID
US31-1011271
3,750 SF 0.14 ac lot Built 1940
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
501 N Broadway St, Butler, IN 46721 For Sale
Contact for pricing 3,750 SF
501 N Broadway St, Butler, IN 46721
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Property summary

AI-generated overview

A six-unit multi-family apartment building in Butler on a 0.18-acre lot with approximately 3,712 square feet of building area. The layout consists of two 2-bedroom units and four 1-bedroom units, with each unit including a kitchen and in-unit full bathroom. The exterior features vinyl siding and a metal roof. The property includes off-street parking for up to six residents, a shared laundry facility, and a detached garage that provides additional storage. The units are equipped with appliances

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$58k
Assessed land$13k
Assessed improvement$45k
Effective rate2.57%

Value estimate

· Sep 2026
$210k
$189k – $231k
AI approach$245k
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$3k
Operating expenses−$25k
NOI · 11.56% cap applied$30k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
11.56%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDE KALB

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.9
Dental Office10.3
Parking Facility9.9

Location

501 N Broadway St Butler, IN 46721
County assessor Recorded deeds · not on file Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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