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    Property profile & analytics

    8350 State Rd 236 North Salem, IN 46165-9303

    • Office Properties & Spaces
    • 425 SF
    • 33.40 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US31-0600896
    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

    • Office Properties & Spaces

    Property Details for 8350 State Rd 236

    Year built
    1930
    Construction
    WOOD
    Lot size
    33.40 lot acres
    Property size
    425 SF
    Property type
    Office Properties & Spaces
    APN
    32-05-06-400-023.000-007
    APU
    320506400023000007

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Salem
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.6775
    Latitude
    39.8508
    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
    $2,198
    $86,800
    $47,100
    $133,900
    -
    $86,800
    $47,100
    $133,900

    Comparable in this City

    • Value Estimation
      $345,000
      6,822 SF

      8 Pearl St

      OFFICE (GENERAL) • 6,822 SF
      8 Pearl St, North Salem, IN 46165-9550
      View Details
    • Value Estimation by Request
      2,064 SF

      13 Pearl St

      OFFICE (GENERAL) • 2,064 SF
      13 Pearl St, North Salem, IN 46165-9550
      View Details
    • Value Estimation by Request
      12,992 SF

      6 California St

      OFFICE (GENERAL) • 12,992 SF
      6 California St, North Salem, IN 46165-9513
      View Details
    • Value Estimation
      $335,000
      4,068 SF

      7063 State Rd 75

      OFFICE (GENERAL) • 4,068 SF
      7063 State Rd 75, North Salem, IN 46165-9712
      View Details
    • Value Estimation
      $215,000
      1,472 SF

      11 Main St

      OFFICE (GENERAL) • 1,472 SF
      11 Main St, North Salem, IN 46165-9529
      View Details
    • Value Estimation by Request
      0.19 Acres

      100 California St

      PARKING LOT • 0.19 Acres
      100 California St, North Salem, IN 46165-9516
      View Details
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    8350 State Rd 236
    North Salem, IN 46165-9303
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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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