Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Old Farm Rd Springville, IN 47462

    • Turn key restaurants
    • 1,440 SF
    • 128.99 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US31-2969300
    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

    • Turn key restaurants

    Property Details for Old Farm Rd

    Year built
    1998
    Construction
    WOOD
    Lot size
    128.99 lot acres
    Property size
    1,440 SF
    Property type
    Turn key restaurants
    APN
    47-04-27-700-018.000-007
    APU
    470427700018000007

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springville
    County
    Lawrence
    State
    Indiana
    Longitude
    -86.6224
    Latitude
    38.9223
    CBSA code
    13260
    CBSA name
    BEDFORD, 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
    2022
    $0.00
    $93,700
    $83,100
    $176,800
    -
    $93,700
    $83,100
    $176,800

    Comparable in this City

    • Value Estimation by Request
      6,160 SF

      4518 State Rd 54th W

      RESTAURANT • 6,160 SF
      4518 State Rd 54th W, Springville, IN 47462
      View Details
    • Value Estimation by Request
      0.48 Acres

      4252 State Rd 54th W

      AUTO REPAIR, GARAGE • 0.48 Acres
      4252 State Rd 54th W, Springville, IN 47462-5262
      View Details
    • Value Estimation by Request
      3,540 SF

      60 Brick St

      RETAIL STORES (PERSONAL SERVICES) • 3,540 SF
      60 Brick St, Springville, IN 47462
      View Details
    • Value Estimation
      $335,000
      2,400 SF

      3050 Old State Rd 37th N

      PARKING GARAGE, PARKING STRUCTURE • 2,400 SF
      3050 Old State Rd 37th N, Springville, IN 47462
      View Details
    • Value Estimation by Request
      755 SF

      4228 State Rd 54th W

      RETAIL STORES (PERSONAL SERVICES) • 755 SF
      4228 State Rd 54th W, Springville, IN 47462-5262
      View Details
    • Value Estimation
      $350,000
      3,600 SF

      3983 Old State Rd 37th N

      CONVENIENCE STORE • 3,600 SF
      3983 Old State Rd 37th N, Springville, IN 47462-5088
      View Details

    Similar Nearby for Sale

    • $65,000
      1.00 Acre

      Residential Land Near Highway 37

      One-acre residential lot with easy highway access.
      Tbd Meadowbrook Tract 3, Springville, IN 47462
      View Details
    • $35,000
      1.00 Acre

      Residential Land in Hirth Estates

      Level lot in established neighborhood, Eastern Greene School District.
      12952 E Hirth Ln, Springville, IN 47462
      View Details
    • $55,000
      2.89 Acres

      Residential Land in Springville, IN

      2.89 acres in Greene County, close to Bloomington and Bedford.
      12792 E Inman Rd, Springville, IN 47462
      View Details
    • $99,000
      11.97 Acres

      Residential Land in Springville, IN

      11.97 acres of residential land with utilities in place.
      31 Poplar Rdg, Springville, IN 47462
      View Details
    • $119,000
      12.00 Acres

      Springville Agricultural Land Opportunity

      Acreage in a desirable location near I-69 and Crane Naval.
      1 S Dry Br Rd, Springville, IN 47462
      View Details
    • $35,000
      1.00 Acre

      Residential Land in Hirth Estates

      One-acre residential land parcel in a newer Springville neighborhood.
      12792 E Hirth Ln, Springville, IN 47462
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Old Farm Rd
    Springville, IN 47462
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.