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    Property profile & analytics

    602 Van Buren Ave Peru, IN 46970-1347

    • Auto shops
    • 1,040 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 25, 2022
    Location Intelligence
    Property ID
    US31-2065303
    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

    • K&B Tires and service / Auto Repair Shop

    Property Details for 602 Van Buren Ave

    Year built
    1940
    Construction
    WOOD
    Lot size
    0.15 lot acres
    Property size
    1,040 SF
    Property type
    Auto shops
    APN
    52-08-23-301-111.000-016
    APU
    520823301111000016

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Peru
    County
    Miami
    State
    Indiana
    Longitude
    -86.0519
    Latitude
    40.7695
    CBSA code
    37940
    CBSA name
    PERU, IN MICROPOLITAN 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
    $795
    $7,200
    $19,300
    $26,500
    -
    $7,200
    $19,300
    $26,500

    Comparable in this City

    • Value Estimation by Request
      2,774 SF

      602 Main St

      AUTO REPAIR, GARAGE • 2,774 SF
      602 Main St, Peru, IN 46970-2606
      View Details
    • Value Estimation by Request
      1,064 SF

      784 Main St

      AUTO REPAIR, GARAGE • 1,064 SF
      784 Main St, Peru, IN 46970-1766
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    • Value Estimation by Request
      2,800 SF

      54 Canal St

      AUTO REPAIR, GARAGE • 2,800 SF
      54 Canal St, Peru, IN 46970-2162
      View Details
    • Value Estimation by Request
      2,340 SF

      8545 Logansport Rd

      AUTO REPAIR, GARAGE • 2,340 SF
      8545 Logansport Rd, Peru, IN 46970-9381
      View Details
    • Value Estimation by Request
      14,000 SF

      85 Canal St

      AUTO REPAIR, GARAGE • 14,000 SF
      85 Canal St, Peru, IN 46970-2172
      View Details
    • Value Estimation
      $325,000
      4,800 SF

      195 Benton St

      AUTO REPAIR, GARAGE • 4,800 SF
      195 Benton St, Peru, IN 46970-1418
      View Details

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    Similar Nearby for Lease

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    602 Van Buren Ave
    Peru, IN 46970-1347
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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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