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    Property profile & analytics

    513 6th St Jonesboro, IN 46938

    • Auto shops
    • 2,028 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 16, 2024
    Location Intelligence
    Property ID
    US31-1426868
    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

    • Auto shops

    Property Details for 513 6th St

    Year built
    1958
    Construction
    WOOD
    Lot size
    0.40 lot acres
    Property size
    2,028 SF
    Property type
    Auto shops
    APN
    27-10-04-202-003.000-019
    APU
    271004202003000019

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Grant
    State
    Indiana
    Longitude
    -85.6345
    Latitude
    40.4803
    CBSA code
    31980
    CBSA name
    MARION, 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
    $1,377
    $17,300
    $28,600
    $45,900
    -
    $17,300
    $28,600
    $45,900

    Comparable in this City

    • Value Estimation by Request
      6,592 SF

      5120 W

      PARKING GARAGE, PARKING STRUCTURE • 6,592 SF
      5120 W, Jonesboro, IN 46938
      View Details
    • Value Estimation by Request
      4,554 SF

      210 Main St

      PARKING GARAGE, PARKING STRUCTURE • 4,554 SF
      210 Main St, Jonesboro, IN 46938-1034
      View Details
    • Value Estimation
      $305,000
      1,476 SF

      405 Main St

      RESTAURANT • 1,476 SF
      405 Main St, Jonesboro, IN 46938-1114
      View Details
    • Value Estimation
      $340,000
      10,906 SF

      417 Main St

      RESTAURANT • 10,906 SF
      417 Main St, Jonesboro, IN 46938-1114
      View Details
    • Value Estimation by Request
      2,279 SF

      215 6th St

      RETAIL STORES (PERSONAL SERVICES) • 2,279 SF
      215 6th St, Jonesboro, IN 46938-1301
      View Details
    • Value Estimation
      $305,000
      2,908 SF

      117 4th St

      RESTAURANT • 2,908 SF
      117 4th St, Jonesboro, IN 46938-1104
      View Details
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    513 6th St
    Jonesboro, IN 46938
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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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