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    Property profile & analytics

    609 Putnam St Fort Wayne, IN 46808-2469

    • Office Properties & Spaces
    • 29,990 SF
    • 1.73 lot acres
    OFF-MARKET
    Value Estimation
    $565,000
    Location Intelligence
    Property ID
    US31-1301614
    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

    • Trinity United Methodist Church / United Methodist Church / Methodist Church
    • Crossroads Church / Church
    • Alin Cass Music Studio / Music Instructor / Piano Instructor
    • Boss Lady Dance Company / Dance Club

    Property Details for 609 Putnam St

    Year built
    1920
    Construction
    WOOD
    Lot size
    1.73 lot acres
    Property size
    29,990 SF
    Property type
    Office Properties & Spaces
    APN
    02-07-35-358-003.000-074
    APU
    20735358003000074

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $590,000

    • CAP approach

      CAP return
      Estimation
      6%
      $620,000
      6.5%
      $525,000
      7%
      $615,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $555,000
      Geo Method
      $665,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $605,000
      Retail
      $465,000
      Mixed-Use
      $525,000
      Hospitality
      $545,000
      Educational
      $610,000
      Residential Income
      $495,000
      Energy
      $535,000
      Income-Based Land
      $545,000
      Food Service
      $495,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1488
    Latitude
    41.091
    CBSA code
    23060
    CBSA name
    FORT WAYNE, 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
    $0.00
    $131,600
    $616,200
    $747,800
    -
    $131,600
    $616,200
    $747,800

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      921 Coliseum Blvd

      OFFICE (GENERAL) • 4,000 SF
      921 Coliseum Blvd, Fort Wayne, IN 46808-1221
      View Details
    • Value Estimation by Request
      3,828 SF

      1424 Leesburg Rd

      OFFICE (GENERAL) • 3,828 SF
      1424 Leesburg Rd, Fort Wayne, IN 46808-2534
      View Details
    • Value Estimation by Request
      12,398 SF

      2000 Wls St

      OFFICE (GENERAL) • 12,398 SF
      2000 Wls St, Fort Wayne, IN 46808-2495
      View Details
    • Value Estimation
      $345,000
      20,000 SF

      1415 Directors Row

      OFFICE (GENERAL) • 20,000 SF
      1415 Directors Row, Fort Wayne, IN 46808-1275
      View Details
    • Value Estimation
      $210,000
      2,776 SF

      1341 Goshen Ave

      OFFICE (GENERAL) • 2,776 SF
      1341 Goshen Ave, Fort Wayne, IN 46808-2033
      View Details
    • Value Estimation
      $530,000
      46,078 SF

      2100 Goshen Rd

      OFFICE (GENERAL) • 46,078 SF
      2100 Goshen Rd, Fort Wayne, IN 46808-1493
      View Details

    Similar Nearby for Sale

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      Adaptable building suitable for retail or office use.
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      Build Your Business Here! High Traffic Area!
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      Redevelopment Opportunity on Coliseum Boulevard

      8,830 SF building on 1.45 acres for sale.
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    • $550,000

      Commercial Land Near Kroger Center

      Commercial land for sale near downtown Fort Wayne.
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    • Contact for pricing
      0.14 Acres

      Residential Land in Fort Wayne

      Residential land available for potential home construction.
      2405 Cass St, Fort Wayne, IN 46808
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    Similar Nearby for Lease

    • $6 SF/Yr
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      Fort Wayne Warehouse Space Available

      7,500 SF Warehouse, Office Space
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    • $10 SF/Yr
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      Office Space Near Universities

      Three-story office buildings near Purdue University Fort Wayne.
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    • $6 SF/Yr
      2,607 SF

      Retail Spaces in Kroger Anchored Center

      Retail and office spaces available in Kroger anchored shopping center.
      1201 W State Blvd, Fort Wayne, IN 46808
      View Details
    • $12 SF/Yr

      Retail Center on Bustling Street

      Retail suites available in high-traffic Fort Wayne location.
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    • $9 SF/Yr
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      Clean Warehouse/Flex Space Available

      Air-conditioned warehouse/flex space with ample parking and office.
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    • $6 SF/Yr
      43,560 SF

      Retail Space Near I-69

      Retail spaces available near I-69 and Downtown Fort Wayne.
      1421-1575 Goshen Ave, Fort Wayne, IN 46808
      View Details
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    609 Putnam St
    Fort Wayne, IN 46808-2469
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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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