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    Property profile & analytics

    Merchants Dr Laotto, IN 46763

    • Commercial land
    • 2.64 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 26, 2024
    Location Intelligence
    Property ID
    US31-2511416
    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

    • Commercial land

    Property Details for Merchants Dr

    Lot size
    2.64 lot acres
    Property type
    Commercial land
    APN
    17-09-19-300-041.000-001
    APU
    170919300041000001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Laotto
    County
    Dekalb
    State
    Indiana
    Longitude
    -85.1896
    Latitude
    41.2928
    CBSA code
    12140
    CBSA name
    AUBURN, IN MICROPOLITAN 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
    $60
    $4,200
    $0.00
    $4,200
    -
    $4,200
    $0.00
    $4,200

    Comparable in this City

    • Value Estimation by Request
      1.50 Acres

      Merchants Dr

      VACANT COMMERCIAL LAND • 1.50 Acres
      Merchants Dr, Laotto, IN 46763
      View Details
    • Value Estimation by Request
      2.91 Acres

      6417 State Rd 205

      VACANT COMMERCIAL LAND • 2.91 Acres
      6417 State Rd 205, Laotto, IN 46763-9600
      View Details
    • Value Estimation by Request
      0.10 Acres

      205 Cr

      VACANT COMMERCIAL LAND • 0.10 Acres
      205 Cr, Laotto, IN 46763
      View Details
    • Value Estimation by Request
      1.61 Acres

      Merchants Dr

      VACANT COMMERCIAL LAND • 1.61 Acres
      Merchants Dr, Laotto, IN 46763
      View Details
    • Value Estimation by Request
      2.98 Acres

      Merchants Dr

      VACANT COMMERCIAL LAND • 2.98 Acres
      Merchants Dr, Laotto, IN 46763
      View Details
    • Value Estimation by Request
      2.81 Acres

      Laotto, IN 46763

      INDUSTRIAL - VACANT LAND • 2.81 Acres
      Laotto, IN 46763
      View Details

    Similar Nearby for Sale

    • $775,000
      1.40 Acres

      Retail Firearm Store with Gun Range

      Turnkey retail firearm store with cutting-edge indoor gun range for sale.
      11750 E State Road 205, Laotto, IN 46763
      View Details
    • $975,000
      1.40 Acres

      Laotto Gun Range & Store

      Turnkey firearm business, high traffic location.
      11750 State Road 205, Laotto, IN 46763
      View Details
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    Merchants Dr
    Laotto, IN 46763
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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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