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    Property profile & analytics

    609 White Ave Sheridan, IN 46069-9302

    • Retail space
    • 4,060 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Last Sale
    Mar 24, 2025
    Location Intelligence
    Property ID
    US31-2848900
    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

    • Sheridan Liquor Store / Liquor Store
    • Tonya's Flower Barn / Florist

    Property Details for 609 White Ave

    Year built
    1967
    Construction
    WOOD
    Lot size
    0.55 lot acres
    Property size
    4,060 SF
    Property type
    Retail space
    APN
    29-01-32-305-018.001-002
    APU
    290132305018001002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sheridan
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.2137
    Latitude
    40.1327
    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
    $3,836
    $63,400
    $71,400
    $134,800
    -
    $63,400
    $71,400
    $134,800

    Comparable in this City

    • Value Estimation by Request
      2,080 SF

      313 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,080 SF
      313 Main St, Sheridan, IN 46069-1112
      View Details
    • Value Estimation by Request
      7,540 SF

      308 6th St

      RETAIL STORES (PERSONAL SERVICES) • 7,540 SF
      308 6th St, Sheridan, IN 46069-1354
      View Details
    • Value Estimation by Request
      2,178 SF

      415 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,178 SF
      415 Main St, Sheridan, IN 46069-1334
      View Details
    • Value Estimation
      $450,000
      576 SF

      502 7th St

      RETAIL STORES (PERSONAL SERVICES) • 576 SF
      502 7th St, Sheridan, IN 46069-1236
      View Details
    • Value Estimation
      $815,000
      10,900 SF

      3888 State Rd 47

      RETAIL STORES (PERSONAL SERVICES) • 10,900 SF
      3888 State Rd 47, Sheridan, IN 46069-9133
      View Details
    • Value Estimation by Request
      5,136 SF

      406 10th St

      RETAIL STORES (PERSONAL SERVICES) • 5,136 SF
      406 10th St, Sheridan, IN 46069-9174
      View Details

    Similar Nearby for Sale

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      Sheridan Office Building - Great Location

      Prime Office Space, High Visibility, Ample Parking
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    • Contact for pricing
      285.35 Acres

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      285.35 acres at SWC of US-31 & 236th Street
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    • Contact for pricing

      285 Acres Development Opportunity

      285 acres of contiguous land with US Highway 31 frontage.
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    • $5,473,260
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      Westfield Development Land Opportunity

      70.12-acre development land near Westfield, Indiana.
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      Land For Sale - Sheridan

      Land available in Sheridan, Indiana.
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    609 White Ave
    Sheridan, IN 46069-9302
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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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