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    Property profile & analytics

    5606 Us Hwy 421 Westville, IN 46391-9722

    • Showrooms
    • 3,200 SF
    • 3.11 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 07, 2025
    $3,125,000
    Location Intelligence
    Property ID
    US31-2004324
    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

    • Showrooms

    Property Details for 5606 Us Hwy 421

    Year built
    1978
    Construction
    WOOD
    Lot size
    3.11 lot acres
    Property size
    3,200 SF
    Property type
    Showrooms
    APN
    46-09-32-400-009.000-027
    APU
    460932400009000027

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westville
    County
    Laporte
    State
    Indiana
    Longitude
    -86.8957
    Latitude
    41.5229
    CBSA code
    33140
    CBSA name
    MICHIGAN CITY-LA PORTE, 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
    $1,813
    $73,800
    $21,400
    $95,200
    -
    $73,800
    $21,400
    $95,200

    Comparable in this City

    • Value Estimation by Request
      2,250 SF

      10761 Coulter Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,250 SF
      10761 Coulter Rd, Westville, IN 46391-9505
      View Details
    • Value Estimation
      $510,000
      10,860 SF

      9954 Flynn Rd

      CONVENIENCE STORE • 10,860 SF
      9954 Flynn Rd, Westville, IN 46391
      View Details
    • Value Estimation
      $420,000
      5,120 SF

      156 Flynn Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,120 SF
      156 Flynn Rd, Westville, IN 46391-9491
      View Details
    • Value Estimation
      $420,000
      3,211 SF

      1 Parkman Dr

      FINANCIAL BUILDING • 3,211 SF
      1 Parkman Dr, Westville, IN 46391-9334
      View Details
    • Value Estimation by Request
      0.88 Acres

      503 Flynn Rd

      FINANCIAL BUILDING • 0.88 Acres
      503 Flynn Rd, Westville, IN 46391-9658
      View Details
    • Value Estimation by Request
      1,421 SF

      10956 Us Hwy 6th 6

      CONVENIENCE STORE • 1,421 SF
      10956 Us Hwy 6th 6, Westville, IN 46391-9629
      View Details

    Similar Nearby for Sale

    • $39,900
      0.22 Acres

      Westville Land with Wooded Views

      Vacant lot with landscaping and wooded views in Westville, Indiana.
      18 S Rolling Meadows Dr, Otis, IN 46391
      View Details
    • $39,900
      0.22 Acres

      Westville Land with Wooded Views

      Vacant lot with nature views in Westville, Indiana.
      17 S Rolling Meadows Dr, Otis, IN 46391
      View Details
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    5606 Us Hwy 421
    Westville, IN 46391-9722
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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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