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    Property profile & analytics

    518 Main St New Harmony, IN 47631

    • Retail space
    • 3,680 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Last Sale
    Mar 03, 2025
    Location Intelligence
    Property ID
    US31-2181627
    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

    • Hahn Kiefer Real Estate Services / Real Estate Agency

    Property Details for 518 Main St

    Year built
    1880
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.08 lot acres
    Property size
    3,680 SF
    Property type
    Retail space
    APN
    65-25-36-331-013.000-007
    APU
    652536331013000007

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Harmony
    County
    Posey
    State
    Indiana
    Longitude
    -87.9346
    Latitude
    38.1292
    CBSA code
    21780
    CBSA name
    EVANSVILLE, IN-KY 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
    $2,113
    $10,700
    $78,900
    $89,600
    -
    $10,700
    $78,900
    $89,600

    Comparable in this City

    • Value Estimation by Request
      1,532 SF

      402 Nn St

      RETAIL STORES (PERSONAL SERVICES) • 1,532 SF
      402 Nn St, New Harmony, IN 47631-7812
      View Details
    • Value Estimation
      $320,000
      3,600 SF

      527 Church St

      RETAIL STORES (PERSONAL SERVICES) • 3,600 SF
      527 Church St, New Harmony, IN 47631
      View Details
    • Value Estimation by Request
      705 SF

      509 Church St

      RETAIL STORES (PERSONAL SERVICES) • 705 SF
      509 Church St, New Harmony, IN 47631
      View Details
    • Value Estimation by Request
      1,440 SF

      516 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
      516 Main St, New Harmony, IN 47631-9614
      View Details
    • Value Estimation
      $380,000
      8,661 SF

      533 Church St

      RETAIL STORES (PERSONAL SERVICES) • 8,661 SF
      533 Church St, New Harmony, IN 47631
      View Details
    • Value Estimation
      $295,000
      4,400 SF

      509 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,400 SF
      509 Main St, New Harmony, IN 47631-9614
      View Details
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    518 Main St
    New Harmony, IN 47631
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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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