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    Property profile & analytics

    515 Columbia St Flora, IN 46929-1227

    • Retail space
    • 816 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 18, 2020
    Location Intelligence
    Property ID
    US31-0929887
    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

    • R S Bottle Shop / Liquor Store

    Property Details for 515 Columbia St

    Year built
    1956
    Construction
    WOOD
    Lot size
    0.27 lot acres
    Property size
    816 SF
    Property type
    Retail space
    APN
    08-10-04-001-015.000-016
    APU
    81004001015000016

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Flora
    County
    Carroll
    State
    Indiana
    Longitude
    -86.5309
    Latitude
    40.5474
    CBSA code
    29200
    CBSA name
    LAFAYETTE-WEST LAFAYETTE, 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
    2022
    $672
    $16,000
    $16,500
    $32,500
    -
    $16,000
    $16,500
    $32,500

    Comparable in this City

    • Value Estimation by Request
      876 SF

      16 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 876 SF
      16 Ctr St, Flora, IN 46929-1314
      View Details
    • Value Estimation
      $375,000
      672 SF

      115 Sycamore St

      RETAIL STORES (PERSONAL SERVICES) • 672 SF
      115 Sycamore St, Flora, IN 46929-1279
      View Details
    • Value Estimation
      $390,000
      13,382 SF

      23 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 13,382 SF
      23 Ctr St, Flora, IN 46929-1377
      View Details
    • Value Estimation
      $155,000
      728 SF

      Main St

      RETAIL STORES (PERSONAL SERVICES) • 728 SF
      Main St, Flora, IN 46929
      View Details
    • Value Estimation by Request
      2,230 SF

      18 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 2,230 SF
      18 Ctr St, Flora, IN 46929-1314
      View Details
    • Value Estimation by Request
      1,472 SF

      City Park

      RETAIL STORES (PERSONAL SERVICES) • 1,472 SF
      City Park, Flora, IN 46929
      View Details

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    515 Columbia St
    Flora, IN 46929-1227
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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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