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    Property profile & analytics

    601 Main St Brownsburg, IN 46112-1422

    • Retail space
    • 2,800 SF
    • 0.56 lot acres
    OFF-MARKET
    Value Estimation
    $505,000
    Last Sale
    Apr 28, 2021
    $482,000
    Location Intelligence
    Property ID
    US31-0702742
    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

    • Central Indiana Real Estate Group / Real Estate Agency
    • Kim Morgan - Keller Williams / Real Estate Agency
    • Chapman Custom Baths / Bathroom Remodeler / Bathroom Supply Store
    • Maggie Mizell - Realtor / Real Estate Consultant

    Property Details for 601 Main St

    Year built
    1957
    Construction
    WOOD
    Lot size
    0.56 lot acres
    Property size
    2,800 SF
    Property type
    Retail space
    APN
    32-07-11-450-012.000-016
    APU
    320711450012000016

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $535,000

    • CAP approach

      CAP return
      Estimation
      6%
      $540,000
      6.5%
      $465,000
      7%
      $500,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $470,000
      Geo Method
      $450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $570,000
      Retail
      $555,000
      Mixed-Use
      $435,000
      Hospitality
      $425,000
      Educational
      $490,000
      Residential Income
      $535,000
      Energy
      $495,000
      Income-Based Land
      $520,000
      Food Service
      $415,000

    Location Insight

    • Map
    • Local Demand
    City
    Brownsburg
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.3877
    Latitude
    39.84
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, 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
    $17,615
    $160,100
    $259,800
    $419,900
    -
    $160,100
    $259,800
    $419,900

    Comparable in this City

    • Value Estimation by Request
      12,042 SF

      3480 In-267

      Individual retail properties • 12,042 SF
      3480 In-267, Brownsburg, IN 46112
      View Details
    • Value Estimation
      $270,000
      4.26 Acres

      Brownsburg, IN 46112

      RETAIL STORES (PERSONAL SERVICES) • 4.26 Acres
      Brownsburg, IN 46112
      View Details
    • Value Estimation by Request
      3,168 SF

      1001 Odell St

      RETAIL STORES (PERSONAL SERVICES) • 3,168 SF
      1001 Odell St, Brownsburg, IN 46112-1977
      View Details
    • Value Estimation
      $340,000
      2,310 SF

      9155 Us Hwy 136

      RETAIL STORES (PERSONAL SERVICES) • 2,310 SF
      9155 Us Hwy 136, Brownsburg, IN 46112-9491
      View Details
    • Value Estimation by Request
      0.14 Acres

      37 Grant St

      RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
      37 Grant St, Brownsburg, IN 46112-1222
      View Details
    • Value Estimation by Request
      2,351 SF

      7615 State Rd 267

      RETAIL STORES (PERSONAL SERVICES) • 2,351 SF
      7615 State Rd 267, Brownsburg, IN 46112-9101
      View Details

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    601 Main St
    Brownsburg, IN 46112-1422
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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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