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    Property profile & analytics

    512 Locust St, Unit 514 Middletown, IN 47356-1435

    • Retail space
    • 10,920 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Jun 18, 2024
    Location Intelligence
    Property ID
    US31-2045203
    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 512 Locust St

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.15 lot acres
    Property size
    10,920 SF
    Property type
    Retail space
    APN
    33-02-32-310-152.000-006
    APU
    330232310152000006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Henry
    State
    Indiana
    Longitude
    -85.5339
    Latitude
    40.0544
    CBSA code
    35220
    CBSA name
    NEW CASTLE, 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
    $2,615
    $16,000
    $94,300
    $110,300
    -
    $16,000
    $94,300
    $110,300

    Comparable in this City

    • Value Estimation by Request
      1,920 SF

      7777 Mechanicsburg Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,920 SF
      7777 Mechanicsburg Rd, Middletown, IN 47356
      View Details
    • Value Estimation
      $385,000
      7,056 SF

      8170 County Rd 400th W

      RETAIL STORES (PERSONAL SERVICES) • 7,056 SF
      8170 County Rd 400th W, Middletown, IN 47356-9365
      View Details
    • Value Estimation by Request
      3,192 SF

      Ww Ml St

      RETAIL STORES (PERSONAL SERVICES) • 3,192 SF
      Ww Ml St, Middletown, IN 47356
      View Details
    • Value Estimation
      $300,000
      1,080 SF

      1003 Ml St

      RETAIL STORES (PERSONAL SERVICES) • 1,080 SF
      1003 Ml St, Middletown, IN 47356-9353
      View Details
    • Value Estimation
      $420,000
      1,914 SF

      802 Ml St

      RETAIL STORES (PERSONAL SERVICES) • 1,914 SF
      802 Ml St, Middletown, IN 47356
      View Details
    • Value Estimation
      $330,000
      1,295 SF

      101 8th St

      RETAIL STORES (PERSONAL SERVICES) • 1,295 SF
      101 8th St, Middletown, IN 47356-1305
      View Details
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    512 Locust St, Unit 514
    Middletown, IN 47356-1435
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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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