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    Property profile & analytics

    615 Central Ave Worthington, IN 47471-1808

    • Retail space
    • 1,200 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 26, 2023
    Location Intelligence
    Property ID
    US31-1438639
    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

    • Retail space

    Property Details for 615 Central Ave

    Year built
    2006
    Construction
    WOOD
    Lot size
    0.24 lot acres
    Property size
    1,200 SF
    Property type
    Retail space
    APN
    28-03-21-331-003.000-012
    APU
    280321331003000012

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Worthington
    County
    Greene
    State
    Indiana
    Longitude
    -86.9706
    Latitude
    39.1171
    CBSA code
    14020
    CBSA name
    BLOOMINGTON, 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
    $830
    $3,900
    $25,000
    $28,900
    -
    $3,900
    $25,000
    $28,900

    Comparable in this City

    • Value Estimation by Request
      1,398 SF

      12 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 1,398 SF
      12 Washington St, Worthington, IN 47471-1425
      View Details
    • Value Estimation
      $335,000
      5,434 SF

      306 Commercial St

      RETAIL STORES (PERSONAL SERVICES) • 5,434 SF
      306 Commercial St, Worthington, IN 47471-1724
      View Details
    • Value Estimation by Request
      456 SF

      State Rd 67

      RETAIL STORES (PERSONAL SERVICES) • 456 SF
      State Rd 67, Worthington, IN 47471
      View Details
    • Value Estimation by Request
      2,247 SF

      27 Commercial St

      RETAIL STORES (PERSONAL SERVICES) • 2,247 SF
      27 Commercial St, Worthington, IN 47471-1703
      View Details
    • Value Estimation
      $300,000
      2,550 SF

      5 Commercial St

      RETAIL STORES (PERSONAL SERVICES) • 2,550 SF
      5 Commercial St, Worthington, IN 47471-1711
      View Details
    • Value Estimation by Request
      1,680 SF

      632 Commercial St

      RETAIL STORES (PERSONAL SERVICES) • 1,680 SF
      632 Commercial St, Worthington, IN 47471-2308
      View Details

    Similar Nearby for Sale

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      New Pole-Barn on Main Thoroughfare

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    615 Central Ave
    Worthington, IN 47471-1808
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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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