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    Property profile & analytics

    72025 State Rd 15 New Paris, IN 46553-9025

    • Grocery and convenience stores
    • 3,640 SF
    • 3.30 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Last Sale
    Sep 10, 2021
    Location Intelligence
    Property ID
    US31-1245309
    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

    • Grocery and convenience stores

    Property Details for 72025 State Rd 15

    Year built
    1968
    Construction
    WOOD
    Lot size
    3.30 lot acres
    Property size
    3,640 SF
    Zone code
    ZO01
    Property type
    Grocery and convenience stores
    APN
    20-15-33-100-014.000-018
    APU
    201533100014000018

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Paris
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.845
    Latitude
    41.449
    CBSA code
    21140
    CBSA name
    ELKHART-GOSHEN, 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
    $8,665
    $65,300
    $265,400
    $330,700
    -
    $65,300
    $265,400
    $330,700

    Comparable in this City

    • Value Estimation by Request
      1,997 SF

      68472 State Rd 15

      CONVENIENCE STORE • 1,997 SF
      68472 State Rd 15, New Paris, IN 46553-9663
      View Details
    • Value Estimation
      $360,000
      2,700 SF

      68310 State Rd 15

      CONVENIENCE STORE • 2,700 SF
      68310 State Rd 15, New Paris, IN 46553-9620
      View Details
    • Value Estimation by Request
      2,856 SF

      68279 State Rd 15

      RETAIL STORES (PERSONAL SERVICES) • 2,856 SF
      68279 State Rd 15, New Paris, IN 46553-9620
      View Details
    • Value Estimation by Request
      1,444 SF

      19166 County Rd 46

      RETAIL STORES (PERSONAL SERVICES) • 1,444 SF
      19166 County Rd 46, New Paris, IN 46553-9698
      View Details
    • Value Estimation by Request
      2,380 SF

      70486 County Rd 23

      SHOW ROOM, WAREHOUSE • 2,380 SF
      70486 County Rd 23, New Paris, IN 46553
      View Details
    • Value Estimation by Request
      1,344 SF

      70765 County Rd 23

      SHOW ROOM, WAREHOUSE • 1,344 SF
      70765 County Rd 23, New Paris, IN 46553-9771
      View Details
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    72025 State Rd 15
    New Paris, IN 46553-9025
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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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