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    Property profile & analytics

    525 Main St Hope, IN 47246

    • Retail space
    • 1,634 SF
    • 0.20 lot acres
    For Sale
    View listing
    $237,400
    Value Estimation
    Last Sale
    Aug 22, 2023
    Location Intelligence
    Property ID
    US31-1657468
    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

    • Corner Cafe / American Restaurant / Breakfast Restaurant
    • AH-HA Corner Cafe / American Restaurant / Breakfast Restaurant

    Property Details for 525 Main St

    Year built
    1953
    Construction
    WOOD
    Lot size
    0.20 lot acres
    Property size
    1,634 SF
    Property type
    Retail space
    APN
    03-07-20-120-010.500-014
    APU
    30720120010500014

    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
    -85.7713
    Latitude
    39.3027
    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
    $1,300
    $9,000
    $49,100
    $58,100
    -
    $9,000
    $49,100
    $58,100

    Comparable in this City

    • Value Estimation by Request
      3,840 SF

      2710 Sr 9th 9

      RETAIL STORES (PERSONAL SERVICES) • 3,840 SF
      2710 Sr 9th 9, Hope, IN 47246
      View Details
    • Value Estimation by Request
      3,254 SF

      630 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,254 SF
      630 Main St, Hope, IN 47246-1205
      View Details
    • Value Estimation by Request
      3,200 SF

      310 Jackson St

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      310 Jackson St, Hope, IN 47246-1021
      View Details
    • Value Estimation by Request
      3,570 SF

      642 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,570 SF
      642 Main St, Hope, IN 47246
      View Details
    • Value Estimation
      $215,000
      5,935 SF

      15531 State Rd 9th 9

      RETAIL STORES (PERSONAL SERVICES) • 5,935 SF
      15531 State Rd 9th 9, Hope, IN 47246
      View Details
    • Value Estimation by Request
      1,500 SF

      208 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      208 Washington St, Hope, IN 47246-1213
      View Details

    Similar Nearby for Sale

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      Established Cafe in Hope, Indiana

      Well-established cafe in a growing rural area with high traffic.
      525 Main St, Hope, IN 47246
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    • $1,099,000
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      Hope, IN Industrial Opportunity

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      Hope, IN Agricultural Land

      13.42 acres of agricultural land ready for development.
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      View Details
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    Hope, IN 47246
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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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