Financial
Distress signals
Property profile

72205 State Rd 15 New Paris, IN 46553

OFF-MARKET
Other commercial real estate
Property ID
US31-3201505
8,628 SF 3.13 ac lot Built 1900
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 4,356-square-foot flex building configured for automotive detailing, service use, or recreational vehicle storage. The interior includes radiant floor heat and a floor drain, and the unit is served by three powered, grade-level overhead doors, each measuring 14 by 14 feet. A partially available fenced yard provides additional outdoor storage or work space. The building is located along State Road 15 in New Paris and provides direct vehicular ingress and egress. Electrical

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$291k
Assessed land$70k
Assessed improvement$222k
Effective rate1.70%

Value estimate

· Sep 2026
$270k
$243k – $297k
Sales comparison$497k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$49/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$23 – $82

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionELKHART

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand index
Auto Repair Shop8.7
Convenience Store8.3
Pawn Shop8.3

Location

72205 State Rd 15 New Paris, IN 46553-9768
County assessor Recorded deeds · not on file Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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