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    Property profile & analytics

    7896 Walker Rd New Carlisle, IN 46552-9285

    • Retail space
    • 2,792 SF
    • 0.66 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Last Sale
    Jul 29, 2022
    Location Intelligence
    Property ID
    US31-2348711
    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

    • Hudson Lake Tavern, LLC / Bar & Grill
    • Happy Joe's / Bar & Grill

    Property Details for 7896 Walker Rd

    Year built
    1950
    Construction
    WOOD
    Lot size
    0.66 lot acres
    Property size
    2,792 SF
    Property type
    Retail space
    APN
    46-04-28-139-012.000-050
    APU
    460428139012000050

    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 Carlisle
    County
    Laporte
    State
    Indiana
    Longitude
    -86.5349
    Latitude
    41.7222
    CBSA code
    33140
    CBSA name
    MICHIGAN CITY-LA PORTE, 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
    $2,376
    $25,500
    $68,500
    $94,000
    -
    $25,500
    $68,500
    $94,000

    Comparable in this City

    • Value Estimation by Request
      1,776 SF

      106 Filbert St

      RETAIL STORES (PERSONAL SERVICES) • 1,776 SF
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    • Value Estimation by Request
      880 SF

      119 Michigan St

      RETAIL STORES (PERSONAL SERVICES) • 880 SF
      119 Michigan St, New Carlisle, IN 46552
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    • Value Estimation by Request
      5,024 SF

      55969 Tulip Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,024 SF
      55969 Tulip Rd, New Carlisle, IN 46552-9769
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    • Value Estimation by Request
      10,296 SF

      8989 Us-20

      Individual retail properties • 10,296 SF
      8989 Us-20, New Carlisle, IN 46552
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    • Value Estimation
      $320,000
      3,438 SF

      117-121 Chestnut St

      RETAIL STORES (PERSONAL SERVICES) • 3,438 SF
      117-121 Chestnut St, New Carlisle, IN 46552
      View Details
    • Value Estimation
      $310,000
      8,240 SF

      123 Michigan St

      RETAIL STORES (PERSONAL SERVICES) • 8,240 SF
      123 Michigan St, New Carlisle, IN 46552
      View Details

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    7896 Walker Rd
    New Carlisle, IN 46552-9285
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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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