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    Property profile & analytics

    701 Anderson St Elwood, IN 46036-2327

    • Retail space
    • 1,500 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Last Sale
    Aug 18, 2022
    Location Intelligence
    Property ID
    US31-1112182
    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 701 Anderson St

    Year built
    1939
    Construction
    WOOD
    Lot size
    0.11 lot acres
    Property size
    1,500 SF
    Property type
    Retail space
    APN
    48-04-15-203-057.000-027
    APU
    480415203057000027

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elwood
    County
    Madison
    State
    Indiana
    Longitude
    -85.8417
    Latitude
    40.271
    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
    $2,133
    $4,400
    $66,700
    $71,100
    -
    $4,400
    $66,700
    $71,100

    Comparable in this City

    • Value Estimation by Request
      0.12 Acres

      Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.12 Acres
      Main St, Elwood, IN 46036
      View Details
    • Value Estimation by Request
      812 SF

      1500 Main St

      RETAIL STORES (PERSONAL SERVICES) • 812 SF
      1500 Main St, Elwood, IN 46036-2054
      View Details
    • Value Estimation
      $335,000
      2,991 SF

      516 Anderson St

      RETAIL STORES (PERSONAL SERVICES) • 2,991 SF
      516 Anderson St, Elwood, IN 46036-1294
      View Details
    • Value Estimation
      $335,000
      1,920 SF

      1444 A St

      RETAIL STORES (PERSONAL SERVICES) • 1,920 SF
      1444 A St, Elwood, IN 46036-1903
      View Details
    • Value Estimation
      $1,415,000
      21,448 SF

      10900 State Rd 37

      RETAIL STORES (PERSONAL SERVICES) • 21,448 SF
      10900 State Rd 37, Elwood, IN 46036-9030
      View Details
    • Value Estimation by Request
      18,090 SF

      1415 Main St

      RETAIL STORES (PERSONAL SERVICES) • 18,090 SF
      1415 Main St, Elwood, IN 46036-1918
      View Details

    Similar Nearby for Sale

    • $750,000
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      Elwood Retail Redevelopment Opportunity

      Prime Downtown Elwood Location, Vacant, 13,798 SF
      101 Anderson St, Elwood, IN 46036
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    • $749,000
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      Two-level 13,798 SF property in downtown Elwood, Indiana.
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    • $350,000
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      Elwood Mixed-Use Commercial Property

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      Turnkey Restaurant Opportunity in Elwood

      Established restaurant with equipment, inventory, and menu included.
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    • Contact for pricing
      0.39 Acres

      Elwood, Indiana Residential Triple Lot

      Three residential lots in Elwood, Indiana, ready for building.
      1218 S 24Th St, Elwood, IN 46036
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    Similar Nearby for Lease

    • Contact for pricing
      4,000 SF

      Retail Space with Ample Parking

      Retail space with easy access and strong visibility available for rent.
      539 Main St, Elwood, IN 46036
      View Details
    • Contact for pricing
      4,000 SF

      Elwood Retail Space: Prime Location

      4,000 SF Retail Building, Ample Parking
      7826 In-28, Elwood, IN 46036
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    • $14 SF/Yr
      4,020 SF

      Elwood Retail Space Available

      Retail property available for lease in Elwood, Indiana.
      1515 S State Road 37, Elwood, IN 46036
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    • $12 SF/Yr
      4,040 SF

      Park Plaza Shopping Center Office

      Office space available in Park Plaza Shopping Center.
      7408 W State Road 28, Elwood, IN 46036
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    • $35 SF/Yr
      3,236 SF

      Elwood Coworking Space Available

      Prime Elwood location, versatile office & flex space.
      1600 A St, Elwood, IN 46036
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    • $7,500 /Mo
      8,000 SF

      Elwood Warehouse Space Available

      8,000 SF warehouse space for lease in Elwood, Indiana.
      2635 S F St, Elwood, IN 46036
      View Details
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    701 Anderson St
    Elwood, IN 46036-2327
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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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