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    Property profile & analytics

    515 Washington St Marion, IN 46952-2701

    • Turn key restaurants
    • 5,108 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Last Sale
    Dec 20, 2023
    Location Intelligence
    Property ID
    US31-1711013
    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

    • Shamrocks Pub & Grub / Pub
    • TAJ king pub / Bar

    Property Details for 515 Washington St

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.37 lot acres
    Property size
    5,108 SF
    Property type
    Turn key restaurants
    APN
    27-02-31-404-114.000-033
    APU
    270231404114000033

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Grant
    State
    Indiana
    Longitude
    -85.66
    Latitude
    40.5678
    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
    $3,774
    $28,900
    $96,900
    $125,800
    -
    $28,900
    $96,900
    $125,800

    Comparable in this City

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      $315,000
      3,132 SF

      1649 Factory Ave

      RESTAURANT • 3,132 SF
      1649 Factory Ave, Marion, IN 46952-2426
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    • Value Estimation
      $300,000
      640 SF

      1401 Factory Ave

      RESTAURANT • 640 SF
      1401 Factory Ave, Marion, IN 46952-2430
      View Details
    • Value Estimation
      $385,000
      3,081 SF

      1223 Wabash Ave

      RESTAURANT • 3,081 SF
      1223 Wabash Ave, Marion, IN 46952-1807
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    • Value Estimation
      $295,000
      2,629 SF

      406 4th St

      RESTAURANT • 2,629 SF
      406 4th St, Marion, IN 46952-4022
      View Details
    • Value Estimation
      $320,000
      4,362 SF

      117 Branson St

      RESTAURANT • 4,362 SF
      117 Branson St, Marion, IN 46952-3823
      View Details
    • Value Estimation
      $465,000
      4,284 SF

      1102 Baldwin Ave

      RESTAURANT • 4,284 SF
      1102 Baldwin Ave, Marion, IN 46952-2536
      View Details

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    Similar Nearby for Lease

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    Marion, IN 46952-2701
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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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