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    Property profile & analytics

    5798 Main St Freedom, IN 47431

    • Commercial real estate
    • 3,784 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 20, 2024
    Location Intelligence
    Property ID
    US31-1508915
    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

    • Commercial real estate

    Property Details for 5798 Main St

    Year built
    1892
    Construction
    WOOD
    Lot size
    0.34 lot acres
    Property size
    3,784 SF
    Property type
    Commercial real estate
    APN
    60-16-21-200-130.037-017
    APU
    601621200130037017

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Freedom
    County
    Owen
    State
    Indiana
    Longitude
    -86.8688
    Latitude
    39.2062
    CBSA code
    14020
    CBSA name
    BLOOMINGTON, 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
    $426
    $10,700
    $19,400
    $30,100
    -
    $10,700
    $19,400
    $30,100

    Comparable in this City

    • Value Estimation by Request
      2,348 SF

      5558 Freedom Arney Rd

      COMMERCIAL (GENERAL) • 2,348 SF
      5558 Freedom Arney Rd, Freedom, IN 47431
      View Details
    • Value Estimation by Request
      2,052 SF

      5738 Main St

      COMMERCIAL (GENERAL) • 2,052 SF
      5738 Main St, Freedom, IN 47431-9002
      View Details
    • Value Estimation by Request
      2,112 SF

      5732 Wall St

      COMMERCIAL (GENERAL) • 2,112 SF
      5732 Wall St, Freedom, IN 47431
      View Details
    • Value Estimation by Request
      0.03 Acres

      Jefferson St

      INDUSTRIAL - VACANT LAND • 0.03 Acres
      Jefferson St, Freedom, IN 47431
      View Details
    • Value Estimation by Request
      1,536 SF

      5720 Main St

      CONVENIENCE STORE • 1,536 SF
      5720 Main St, Freedom, IN 47431-9002
      View Details
    • Value Estimation by Request
      2,400 SF

      Freedom Arney Rd

      THEATER (MOVIE) • 2,400 SF
      Freedom Arney Rd, Freedom, IN 47431
      View Details

    Similar Nearby for Sale

    • New
      $119,900
      10.00 Acres

      Residential Land with Barn Structure

      10-acre parcel with woods, septic, utilities, and 1,800-SF barn.
      3065 Straight Line Rd, Freedom, IN 47431
      View Details
    • New
      $177,400
      2,112 SF

      Historic Freedom Bank Building

      Remodeled historic building suitable for commercial or residential use.
      5732 Wall St, Freedom, IN 47431
      View Details
    • $177,400
      0.88 Acres

      Historic Freeman Home, Commercial Zoning

      Remodeled historic home with commercial zoning on 0.88 acres.
      5732 Wall St, Freeman, IN 47431
      View Details
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    5798 Main St
    Freedom, IN 47431
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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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