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    Property profile & analytics

    7840 County Rd 625th W Reelsville, IN 46171-8811

    • Theaters & concert halls
    • 11,985 SF
    • 15.46 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 09, 2022
    Location Intelligence
    Property ID
    US31-2466458
    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

    • Diamond Time Hitting/fielding lessons / Personal Trainer
    • Reelsville Youth League / Youth Organization

    Property Details for 7840 County Rd 625th W

    Year built
    1954
    Construction
    WOOD
    Lot size
    15.46 lot acres
    Property size
    11,985 SF
    Zone code
    ZO01
    Property type
    Theaters & concert halls
    APN
    67-11-21-403-002.000-019
    APU
    671121403002000019

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reelsville
    County
    Putnam
    State
    Indiana
    Longitude
    -86.9653
    Latitude
    39.5483
    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
    $1,575
    $35,300
    $48,200
    $83,500
    -
    $35,300
    $48,200
    $83,500

    Comparable in this City

    • Value Estimation by Request
      884 SF

      4979 County Rd 800th W

      THEATER (MOVIE) • 884 SF
      4979 County Rd 800th W, Reelsville, IN 46171-8706
      View Details
    • Value Estimation by Request
      1,726 SF

      6329 County Rd 750th S

      RETAIL STORES (PERSONAL SERVICES) • 1,726 SF
      6329 County Rd 750th S, Reelsville, IN 46171
      View Details
    • Value Estimation by Request
      0.80 Acres

      725 725th Ss

      CHARITABLE ORGANIZATION • 0.80 Acres
      725 725th Ss, Reelsville, IN 46171
      View Details
    • Value Estimation by Request
      6.80 Acres

      800 800th Ww

      VACANT COMMERCIAL LAND • 6.80 Acres
      800 800th Ww, Reelsville, IN 46171
      View Details
    • Value Estimation by Request
      6,396 SF

      7748 County Rd 625th W

      AUTO REPAIR, GARAGE • 6,396 SF
      7748 County Rd 625th W, Reelsville, IN 46171-8810
      View Details
    • Value Estimation by Request
      612 SF

      6297 County Rd 750th S

      OFFICE (GENERAL) • 612 SF
      6297 County Rd 750th S, Reelsville, IN 46171-8830
      View Details

    Similar Nearby for Sale

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      Pending

      Reelsville Residential Land Opportunity

      3 acres of residential land, build your dream home!
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    • $1,206,000
      80.00 Acres

      Secluded 85-Acre Retreat in Indiana

      85 acres of secluded beauty with mature timber and cozy cabin.
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    • $69,999
      9.00 Acres

      9 Acres Wooded Land Ready

      9-acre wooded property with utilities in Putnam County, Indiana.
      Hickory Rdg, Reelsville, IN 46171
      View Details
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    7840 County Rd 625th W
    Reelsville, IN 46171-8811
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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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