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    Property profile & analytics

    717 Massachusetts Ave Matthews, IN 46957

    • Commercial real estate
    • 1,760 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 14, 2023
    $30,000
    Location Intelligence
    Property ID
    US31-2450892
    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

    • Commercial real estate

    Property Details for 717 Massachusetts Ave

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.22 lot acres
    Property size
    1,760 SF
    Property type
    Commercial real estate
    APN
    27-16-03-203-138.000-012
    APU
    271603203138000012

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Matthews
    County
    Grant
    State
    Indiana
    Longitude
    -85.4999
    Latitude
    40.3881
    CBSA code
    31980
    CBSA name
    MARION, 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
    $614
    $9,700
    $13,500
    $23,200
    -
    $9,700
    $13,500
    $23,200

    Comparable in this City

    • Value Estimation by Request
      6,880 SF

      Michigan Ave

      COMMERCIAL (GENERAL) • 6,880 SF
      Michigan Ave, Matthews, IN 46957
      View Details
    • Value Estimation by Request
      917 SF

      1026 Massachusetts Ave

      COMMERCIAL (GENERAL) • 917 SF
      1026 Massachusetts Ave, Matthews, IN 46957-1508
      View Details
    • Value Estimation
      $420,000
      5,000 SF

      625 Massachusetts Ave

      COMMERCIAL (GENERAL) • 5,000 SF
      625 Massachusetts Ave, Matthews, IN 46957-1502
      View Details
    • Value Estimation by Request
      2,584 SF

      Mass Ave

      COMMERCIAL (GENERAL) • 2,584 SF
      Mass Ave, Matthews, IN 46957
      View Details
    • Value Estimation
      $420,000
      7,130 SF

      702 Massachusetts Ave

      COMMERCIAL (GENERAL) • 7,130 SF
      702 Massachusetts Ave, Matthews, IN 46957-5700
      View Details
    • Value Estimation by Request
      1,760 SF

      101 7th St

      COMMERCIAL (GENERAL) • 1,760 SF
      101 7th St, Matthews, IN 46957
      View Details
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    717 Massachusetts Ave
    Matthews, IN 46957
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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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