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    Property profile & analytics

    Hwy 135 Palmyra, IN 47164

    • Office Properties & Spaces
    • 4,573 SF
    • 0.74 lot acres
    OFF-MARKET
    Value Estimation
    $450,000
    Location Intelligence
    Property ID
    US31-2570898
    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 Hwy 135

    Year built
    1976
    Construction
    WOOD
    Lot size
    0.74 lot acres
    Property size
    4,573 SF
    Property type
    Office Properties & Spaces
    APN
    31-03-19-276-019.000-014
    APU
    310319276019000014

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palmyra
    County
    Harrison
    State
    Indiana
    Longitude
    -86.1101
    Latitude
    38.4143
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-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
    $0.00
    $22,200
    $144,300
    $166,500
    -
    $22,200
    $144,300
    $166,500

    Comparable in this City

    • Value Estimation
      $410,000
      1,127 SF

      12610 Hwy 135th NE

      OFFICE (GENERAL) • 1,127 SF
      12610 Hwy 135th NE, Palmyra, IN 47164
      View Details
    • Value Estimation by Request
      5,132 SF

      13584 Greene NE St

      OFFICE (GENERAL) • 5,132 SF
      13584 Greene NE St, Palmyra, IN 47164-8851
      View Details
    • Value Estimation by Request
      11,664 SF

      710 Main NE St

      OFFICE (GENERAL) • 11,664 SF
      710 Main NE St, Palmyra, IN 47164-9004
      View Details
    • Value Estimation
      $390,000
      9,328 SF

      14170 Greene NE St

      OFFICE (GENERAL) • 9,328 SF
      14170 Greene NE St, Palmyra, IN 47164
      View Details
    • Value Estimation by Request
      83,783 SF

      12225 Old State Rd 135th NE

      OFFICE (GENERAL) • 83,783 SF
      12225 Old State Rd 135th NE, Palmyra, IN 47164-8741
      View Details
    • Value Estimation
      $410,000
      3,746 SF

      785 Ss NE Rd

      OFFICE (GENERAL) • 3,746 SF
      785 Ss NE Rd, Palmyra, IN 47164
      View Details

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    Hwy 135
    Palmyra, IN 47164
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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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