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    Property profile & analytics

    6921 State Rd 1st 1 Spencerville, IN 46788

    • Warehouses
    • 3,393 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 05, 2024
    Location Intelligence
    Property ID
    US31-0829591
    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

    • Warehouses

    Property Details for 6921 State Rd 1st 1

    Year built
    1927
    Construction
    WOOD
    Lot size
    0.07 lot acres
    Property size
    3,393 SF
    Property type
    Warehouses
    APN
    17-11-33-106-003.000-021
    APU
    171133106003000021

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spencerville
    County
    Dekalb
    State
    Indiana
    Longitude
    -84.9217
    Latitude
    41.2823
    CBSA code
    12140
    CBSA name
    AUBURN, 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
    $159
    $4,300
    $8,900
    $13,200
    -
    $4,300
    $8,900
    $13,200

    Comparable in this City

    • Value Estimation by Request
      180 SF

      6868 County Rd 55

      STORAGE YARD, OPEN STORAGE • 180 SF
      6868 County Rd 55, Spencerville, IN 46788-9702
      View Details
    • Value Estimation
      $330,000
      12,260 SF

      19020 State Rd 1st 1

      STORAGE YARD, OPEN STORAGE • 12,260 SF
      19020 State Rd 1st 1, Spencerville, IN 46788-9263
      View Details
    • Value Estimation by Request
      2,336 SF

      14911 Leo Rd

      STORAGE YARD, OPEN STORAGE • 2,336 SF
      14911 Leo Rd, Spencerville, IN 46788
      View Details
    • Value Estimation
      $295,000
      18,814 SF

      17531 Campbell Rd

      STORAGE YARD, OPEN STORAGE • 18,814 SF
      17531 Campbell Rd, Spencerville, IN 46788
      View Details
    • Value Estimation
      $325,000
      7,800 SF

      19024 State Rd 1st 1

      MINI-WAREHOUSE, STORAGE • 7,800 SF
      19024 State Rd 1st 1, Spencerville, IN 46788
      View Details
    • Value Estimation
      $590,000
      34,200 SF

      17500 Cuba Rd

      MANUFACTURING (LIGHT) • 34,200 SF
      17500 Cuba Rd, Spencerville, IN 46788
      View Details

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      Building lot in Makarios Place, Leo's premier subdivision.
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      Residential Land with Pond View

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    Spencerville, IN 46788
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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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