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    Property profile & analytics

    5880 Old State Rd 28 Tipton, IN 46072-1586

    • Manufacturing properties
    • 694,350 SF
    • 102.99 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-1384206
    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

    • Manufacturing properties

    Property Details for 5880 Old State Rd 28

    Year built
    2008
    Construction
    TYPE NOT SPECIFIED
    Lot size
    102.99 lot acres
    Property size
    694,350 SF
    Property type
    Manufacturing properties
    APN
    80-11-07-300-008.000-001
    APU
    801107300008000001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tipton
    County
    Tipton
    State
    Indiana
    Longitude
    -86.1222
    Latitude
    40.2782
    CBSA code
    29020
    CBSA name
    KOKOMO, 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
    $549,335
    $2,402,900
    $32,259,800
    $34,662,700
    -
    $2,402,900
    $32,259,800
    $34,662,700

    Comparable in this City

    • Value Estimation
      $850,000
      178,622 SF

      801 Berryman Pike

      MANUFACTURING (LIGHT) • 178,622 SF
      801 Berryman Pike, Tipton, IN 46072-8492
      View Details
    • Value Estimation
      $425,000
      19,000 SF

      641 Cleveland St

      MANUFACTURING (LIGHT) • 19,000 SF
      641 Cleveland St, Tipton, IN 46072-1132
      View Details
    • Value Estimation by Request
      3,496 SF

      Tipton, IN 46072

      FOOD PROCESSING • 3,496 SF
      Tipton, IN 46072
      View Details
    • Value Estimation
      $765,000
      28,800 SF

      840 550th W

      MANUFACTURING (LIGHT) • 28,800 SF
      840 550th W, Tipton, IN 46072-8434
      View Details
    • Value Estimation by Request
      37,071 SF

      Tipton, IN 46072

      MANUFACTURING (LIGHT) • 37,071 SF
      Tipton, IN 46072
      View Details
    • Value Estimation
      $950,000
      77,960 SF

      717 Industrial Dr

      MANUFACTURING (LIGHT) • 77,960 SF
      717 Industrial Dr, Tipton, IN 46072-1071
      View Details

    Similar Nearby for Sale

    • $1,650,000

      Tipton County Manufacturing Facility

      Large industrial facility in Tipton, Indiana, suitable for manufacturing.
      801 Berryman Pike, Tipton, IN 46072
      View Details
    • $3,600,000
      4.00 Acres

      In-28

      Farms • 2,623,837 SF
      0 In-28, Tipton, IN 46072
      View Details
    • New
      $35,000
      Pending

      Residential Land in Tipton County

      Residential land in Tipton, Indiana, bordered by farm fields.
      8762 W 400 South, Tipton, IN 46072
      View Details
    • $450,000
      10.00 Acres

      Tipton Land Ready For Development

      10 acres of land annexed into the city of Tipton.
      1030 E Jefferson St, Tipton, IN 46072
      View Details
    • $450,000
      10.00 Acres

      Commercial Land in Growing Tipton

      10 acres of annexed land suitable for multiple development types.
      1130 E Jefferson Hwy, Tipton, IN 46072
      View Details
    • Contact for pricing

      Highway Frontage Farmland Opportunity

      85.2 acres of farmland with highway frontage.
      600 W 600 S|, Tipton, IN 46072
      View Details
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    5880 Old State Rd 28
    Tipton, IN 46072-1586
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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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