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    Property profile & analytics

    705 Locust St Fort Branch, IN 47648-1251

    • Residential income homes
    • 644 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Last Sale
    Jan 17, 2020
    $225,000
    Location Intelligence
    Property ID
    US31-2195587
    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

    • Residential income homes

    Property Details for 705 Locust St

    Year built
    1993
    Construction
    WOOD
    Lot size
    0.24 lot acres
    Property size
    644 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    26-19-18-304-000.667-026
    APU
    261918304000667026

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $175,000
      6.5%
      $165,000
      7%
      $180,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $180,000
      Geo Method
      $165,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $200,000
      Mixed-Use
      $165,000
      Hospitality
      $205,000
      Educational
      $175,000
      Residential Income
      $180,000
      Energy
      $200,000
      Income-Based Land
      $150,000
      Food Service
      $170,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Branch
    County
    Gibson
    State
    Indiana
    Longitude
    -87.5709
    Latitude
    38.247
    CBSA code
    21780
    CBSA name
    EVANSVILLE, IN-KY 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
    $5,058
    $5,900
    $247,000
    $252,900
    -
    $5,900
    $247,000
    $252,900

    Comparable in this City

    • Value Estimation by Request
      4,482 SF

      101 Mccreary St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,482 SF
      101 Mccreary St, Fort Branch, IN 47648-1315
      View Details
    • Value Estimation by Request
      3,200 SF

      121 Mccreary St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,200 SF
      121 Mccreary St, Fort Branch, IN 47648-1305
      View Details
    • Value Estimation
      $335,000
      1,024 SF

      304 Church St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,024 SF
      304 Church St, Fort Branch, IN 47648-1161
      View Details
    • Value Estimation by Request
      0.52 Acres

      201 John St

      MOBILE HOME PARK, TRAILER PARK • 0.52 Acres
      201 John St, Fort Branch, IN 47648-1021
      View Details
    • Value Estimation by Request
      0.25 Acres

      508 Railroad St

      MOBILE HOME PARK, TRAILER PARK • 0.25 Acres
      508 Railroad St, Fort Branch, IN 47648-1023
      View Details
    • Value Estimation by Request
      0.79 Acres

      300 Polk St

      MOBILE HOME PARK, TRAILER PARK • 0.79 Acres
      300 Polk St, Fort Branch, IN 47648-1056
      View Details

    Similar Nearby for Sale

    • $186,450
      1,100 SF

      Beautifully Maintained Condo in Prime Location

      Well-maintained 2 bed, 2 bath condo near amenities and Toyota.
      203 W Locust St, Fort Branch, IN 47648
      View Details
    • $259,900
      Pending

      Fort Branch Commercial Development Land

      1.36 acre commercial land with highway access and visibility.
      806 E Park St, Fort Branch, IN 47648
      View Details
    • $996,500
      39.86 Acres

      Productive Land Near Toyota

      40-acre tract suitable for farming or commercial development near Toyota.
      6000 S Us Highway 41 N, Fort Branch, IN 47648
      View Details
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    705 Locust St
    Fort Branch, IN 47648-1251
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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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