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    Property profile & analytics

    510 Meridian St Sunman, IN 47041-8491

    • Retail space
    • 2,052 SF
    • 2.54 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US31-0817490
    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

    • Retail space

    Property Details for 510 Meridian St

    Year built
    1968
    Construction
    WOOD
    Lot size
    2.54 lot acres
    Property size
    2,052 SF
    Property type
    Retail space
    APN
    69-07-17-100-029.000-004
    APU
    690717100029000004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sunman
    County
    Ripley
    State
    Indiana
    Longitude
    -85.0959
    Latitude
    39.2311

    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
    $2,199
    $46,500
    $58,600
    $105,100
    -
    $46,500
    $58,600
    $105,100

    Comparable in this City

    • Value Estimation by Request
      2,341 SF

      11905 State Rd 46

      RETAIL STORES (PERSONAL SERVICES) • 2,341 SF
      11905 State Rd 46, Sunman, IN 47041-8550
      View Details
    • Value Estimation by Request
      792 SF

      122 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 792 SF
      122 Washington St, Sunman, IN 47041
      View Details
    • Value Estimation by Request
      3,100 SF

      10441 State Rd 48

      RETAIL STORES (PERSONAL SERVICES) • 3,100 SF
      10441 State Rd 48, Sunman, IN 47041-8793
      View Details
    • Value Estimation by Request
      2,816 SF

      101 Washington St

      Individual retail properties • 2,816 SF
      101 Washington St, Sunman, IN 47041
      View Details
    • Value Estimation
      $355,000
      8,540 SF

      8663 Hoff Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,540 SF
      8663 Hoff Rd, Sunman, IN 47041-7864
      View Details
    • Value Estimation
      $370,000
      9,900 SF

      215 Nieman St

      RETAIL STORES (PERSONAL SERVICES) • 9,900 SF
      215 Nieman St, Sunman, IN 47041-8931
      View Details

    Similar Nearby for Sale

    • $349,000
      0.16 Acres

      Mixed-Use Property in Downtown Sunman

      Mixed-use property with restaurant and apartments in downtown Sunman.
      119 S Meridian St, Sunman, IN 47041
      View Details
    • $649,900
      0.35 Acres

      Sunman, IN Retail Opportunity

      Thriving restaurant with apartment and potential for additional income.
      104 S Meridian St, Sunman, IN 47041
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    • $250,000
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      Residential Lot Ready to Build

      10-acre residential lot near Batesville, Indiana, ready for construction.
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    • $525,000
      9,900 SF

      Versatile Warehouse Space in Sunman

      Adaptable warehouse with office space and multiple entry points.
      215 Nieman St, Sunman, IN 47041
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    • New
      $35,000
      7,220 SF

      Sunman Multifamily Building with Potential

      Multi-family building in Sunman, Indiana, needing complete renovation.
      105 S Meridian St, Sunman, IN 47041
      View Details
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    510 Meridian St
    Sunman, IN 47041-8491
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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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