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    Property profile & analytics

    Balbec Rd Montpelier, IN 47359

    • Specialty properties
    • 17.47 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-3058859
    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

    • Specialty properties

    Property Details for Balbec Rd

    Lot size
    17.47 lot acres
    Zone code
    ZO01
    Property type
    Specialty properties
    APN
    05-02-12-200-001.000-001
    APU
    50212200001000001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montpelier
    County
    Blackford
    State
    Indiana
    Longitude
    -85.2388
    Latitude
    40.5492

    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
    $106
    $5,300
    $0.00
    $5,300
    -
    $5,300
    $0.00
    $5,300

    Comparable in this City

    • Value Estimation by Request
      7.86 Acres

      18 Sr

      CHARITABLE ORGANIZATION • 7.86 Acres
      18 Sr, Montpelier, IN 47359
      View Details
    • Value Estimation by Request
      0.15 Acres

      112 Grn St

      CHARITABLE ORGANIZATION • 0.15 Acres
      112 Grn St, Montpelier, IN 47359-1314
      View Details
    • Value Estimation by Request
      0.15 Acres

      Jefferson

      VACANT COMMERCIAL LAND • 0.15 Acres
      Jefferson, Montpelier, IN 47359
      View Details
    • Value Estimation by Request
      0.06 Acres

      111 Main St

      VACANT COMMERCIAL LAND • 0.06 Acres
      111 Main St, Montpelier, IN 47359-1321
      View Details
    • Value Estimation by Request
      4,360 SF

      8013 1100th S-90

      OFFICE (GENERAL) • 4,360 SF
      8013 1100th S-90, Montpelier, IN 47359-9510
      View Details
    • Value Estimation by Request
      3,136 SF

      309 High St

      RETAIL STORES (PERSONAL SERVICES) • 3,136 SF
      309 High St, Montpelier, IN 47359-1003
      View Details
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    Balbec Rd
    Montpelier, IN 47359
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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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