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    Property profile & analytics

    Rake Borden, IN 47106

    • Commercial real estate
    • 57.23 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2627779
    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 Rake

    Year built
    2007
    Lot size
    57.23 lot acres
    Property type
    Commercial real estate
    APN
    10-13-01-400-032.000-035
    APU
    101301400032000035

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Borden
    County
    Clark
    State
    Indiana
    Longitude
    -85.9367
    Latitude
    38.4295
    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
    $740
    $27,500
    $26,800
    $54,300
    -
    $27,500
    $26,800
    $54,300

    Comparable in this City

    • Value Estimation by Request
      2,820 SF

      16011 State Rd 60

      SHOW ROOM, WAREHOUSE • 2,820 SF
      16011 State Rd 60, Borden, IN 47106-8636
      View Details
    • Value Estimation by Request
      169 SF

      Hwy 60

      COMMERCIAL (GENERAL) • 169 SF
      Hwy 60, Borden, IN 47106
      View Details
    • Value Estimation by Request
      1,400 SF

      Broom Hl Rd

      COMMERCIAL (GENERAL) • 1,400 SF
      Broom Hl Rd, Borden, IN 47106
      View Details
    • Value Estimation by Request
      1,200 SF

      111 Main St

      COMMERCIAL (GENERAL) • 1,200 SF
      111 Main St, Borden, IN 47106
      View Details
    • Value Estimation by Request
      2,400 SF

      Wilson Switch Rd

      COMMERCIAL (GENERAL) • 2,400 SF
      Wilson Switch Rd, Borden, IN 47106
      View Details
    • Value Estimation by Request
      88 SF

      Carwood Rd

      COMMERCIAL (GENERAL) • 88 SF
      Carwood Rd, Borden, IN 47106
      View Details

    Similar Nearby for Sale

    • $199,900
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      Highway 60 Commercial Land Opportunity

      Borden, IN: 9.24 Acres, High Visibility
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    • $384,900
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      Borden Car Wash - Prime Location

      Profitable Car Wash Business, Excellent Condition
      110 Water St, Borden, IN 47106
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    • Contact for pricing

      Borden, IN Commercial Shop Space

      Lease: 875 sq ft Shop/Warehouse
      15400 State Road 60, Borden, IN 47106
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    • $695,000
      13.85 Acres

      Starlight Business Park: 14 Acres

      Prime 14-acre development opportunity in Borden, IN.
      10924 Saint Johns Rd, Borden, IN 47106
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    • $89,900
      12.00 Acres

      Residential Land with Wooded Views

      Wooded 12-acre residential lot in Timber Ridge Subdivision, Borden, IN.
      Tracy Knl, Borden, IN 47106
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    • Contact for pricing
      0.55 Acres

      Residential Land in Southern Hills

      Building lot in lake community, over half acre.
      0.55 +/- Ac Southern Hl Dr, Borden, IN 47106
      View Details
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    Rake
    Borden, IN 47106
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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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