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    Property profile & analytics

    514 Market St Hope, IN 47246-1322

    • Office Properties & Spaces
    • 3,152 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2061426
    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

    • Hope House of Prayer / Place Of Worship

    Property Details for 514 Market St

    Year built
    1942
    Construction
    WOOD
    Lot size
    0.21 lot acres
    Property size
    3,152 SF
    Property type
    Office Properties & Spaces
    APN
    03-07-20-110-006.400-014
    APU
    30720110006400014

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hope
    County
    Bartholomew
    State
    Indiana
    Longitude
    -85.7639
    Latitude
    39.3024
    CBSA code
    18020
    CBSA name
    COLUMBUS, IN METROPOLITAN 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
    $36
    $20,400
    $84,400
    $104,800
    -
    $20,400
    $84,400
    $104,800

    Comparable in this City

    • Value Estimation
      $305,000
      1,525 SF

      343 Washington St

      OFFICE (GENERAL) • 1,525 SF
      343 Washington St, Hope, IN 47246-1214
      View Details
    • Value Estimation by Request
      5,978 SF

      635 Harrison St

      OFFICE (GENERAL) • 5,978 SF
      635 Harrison St, Hope, IN 47246-1203
      View Details
    • Value Estimation
      $455,000
      6,352 SF

      700 700th Nn

      OFFICE (GENERAL) • 6,352 SF
      700 700th Nn, Hope, IN 47246
      View Details
    • Value Estimation by Request
      81,854 SF

      9423 State Rd 9th 9

      OFFICE (GENERAL) • 81,854 SF
      9423 State Rd 9th 9, Hope, IN 47246-9760
      View Details
    • Value Estimation by Request
      7,838 SF

      338-342 Jackson

      OFFICE (GENERAL) • 7,838 SF
      338-342 Jackson, Hope, IN 47246
      View Details
    • Value Estimation
      $350,000
      4,800 SF

      4182 County Rd 700th E

      OFFICE (GENERAL) • 4,800 SF
      4182 County Rd 700th E, Hope, IN 47246-9754
      View Details

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    • $237,400
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    514 Market St
    Hope, IN 47246-1322
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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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