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    Property profile & analytics

    7678 State Rd 135 Morgantown, IN 46160-8894

    • Warehouses
    • 5,760 SF
    • 1.62 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Last Sale
    Oct 09, 2024
    Location Intelligence
    Property ID
    US31-1214740
    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

    • Warehouses

    Property Details for 7678 State Rd 135

    Year built
    1960
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.62 lot acres
    Property size
    5,760 SF
    Zone code
    A-1
    Property type
    Warehouses
    APN
    41-10-19-024-016.000-015
    APU
    411019024016000015

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morgantown
    County
    Johnson
    State
    Indiana
    Longitude
    -86.2466
    Latitude
    39.379
    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
    $4,847
    $112,700
    $224,600
    $337,300
    -
    $112,700
    $224,600
    $337,300

    Comparable in this City

    • Value Estimation
      $340,000
      240 SF

      Ss 600th Ww

      STORAGE YARD, OPEN STORAGE • 240 SF
      Ss 600th Ww, Morgantown, IN 46160
      View Details
    • Value Estimation
      $525,000
      28,980 SF

      2082 State Rd 45

      WAREHOUSE, STORAGE • 28,980 SF
      2082 State Rd 45, Morgantown, IN 46160-9080
      View Details
    • Value Estimation by Request
      2,400 SF

      257 Mulberry St

      MINI-WAREHOUSE, STORAGE • 2,400 SF
      257 Mulberry St, Morgantown, IN 46160-9716
      View Details
    • Value Estimation
      $390,000
      8,000 SF

      363 State Rd 45

      MINI-WAREHOUSE, STORAGE • 8,000 SF
      363 State Rd 45, Morgantown, IN 46160-8816
      View Details
    • Value Estimation
      $360,000
      6,000 SF

      4967 State Rd 135

      MINI-WAREHOUSE, STORAGE • 6,000 SF
      4967 State Rd 135, Morgantown, IN 46160-8893
      View Details
    • Value Estimation
      $415,000
      7,445 SF

      Mahalasville Rd

      INDUSTRIAL (GENERAL) • 7,445 SF
      Mahalasville Rd, Morgantown, IN 46160
      View Details

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      Secluded Residential Lots in Morgantown

      24 acres of wooded land divisible into 3-acre parcels.
      493 Hornettown Ln, Morgantown, IN 46160
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    • $175,000
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    7678 State Rd 135
    Morgantown, IN 46160-8894
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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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