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    Property profile & analytics

    Payton Rd Elizabeth, IN 47117

    • Commercial real estate
    • 200 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-3256941
    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 real estate

    Property Details for Payton Rd

    Year built
    2013
    Construction
    TYPE NOT SPECIFIED
    Property size
    200 SF
    Property type
    Commercial real estate
    APN
    31-14-14-152-003.013-022
    APU
    311414152003013022

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Harrison
    State
    Indiana
    Longitude
    -85.9729
    Latitude
    38.1112
    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
    $328
    $0.00
    $29,300
    $29,300
    -
    $0.00
    $29,300
    $29,300

    Comparable in this City

    • Value Estimation by Request
      7,560 SF

      4845 Old Hwy 111th SE

      COMMERCIAL (GENERAL) • 7,560 SF
      4845 Old Hwy 111th SE, Elizabeth, IN 47117-8340
      View Details
    • Value Estimation by Request
      1.00 Acre

      4993 Obannon SE Rd

      COMMERCIAL (GENERAL) • 1.00 Acre
      4993 Obannon SE Rd, Elizabeth, IN 47117
      View Details
    • Value Estimation by Request
      240 SF

      10322 Hwy 211th SE

      COMMERCIAL (GENERAL) • 240 SF
      10322 Hwy 211th SE, Elizabeth, IN 47117
      View Details
    • Value Estimation by Request
      2,400 SF

      5342 Main SE St

      COMMERCIAL (GENERAL) • 2,400 SF
      5342 Main SE St, Elizabeth, IN 47117-9019
      View Details
    • Value Estimation by Request
      3,090 SF

      5290 Main SE St

      COMMERCIAL (GENERAL) • 3,090 SF
      5290 Main SE St, Elizabeth, IN 47117-9018
      View Details
    • Value Estimation by Request
      924 SF

      5301 Church SE St

      COMMERCIAL (GENERAL) • 924 SF
      5301 Church SE St, Elizabeth, IN 47117
      View Details

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    Payton Rd
    Elizabeth, IN 47117
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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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