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    Property profile & analytics

    State Hwy 46 Spencer, IN 47460

    • Automotive properties
    • 0.64 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2683055
    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

    • Automotive properties

    Property Details for State Hwy 46

    Year built
    2005
    Construction
    STONE
    Lot size
    0.64 lot acres
    Property type
    Automotive properties
    APN
    60-10-20-300-400.760-028
    APU
    601020300400760028

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Owen
    State
    Indiana
    Longitude
    -86.7724
    Latitude
    39.2875
    CBSA code
    14020
    CBSA name
    BLOOMINGTON, 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
    $522
    $21,800
    $500
    $22,300
    -
    $21,800
    $500
    $22,300

    Comparable in this City

    • Value Estimation by Request
      0.74 Acres

      3399 State Hwy 46

      VEHICLE SALES, RENTALS • 0.74 Acres
      3399 State Hwy 46, Spencer, IN 47460-6455
      View Details
    • Value Estimation by Request
      0.18 Acres

      Fletcher Ave

      VEHICLE SALES, RENTALS • 0.18 Acres
      Fletcher Ave, Spencer, IN 47460
      View Details
    • Value Estimation by Request
      3,400 SF

      1910 State Hwy 67

      VEHICLE SALES, RENTALS • 3,400 SF
      1910 State Hwy 67, Spencer, IN 47460-5646
      View Details
    • Value Estimation by Request
      1,784 SF

      501 Fletcher Ave

      AUTO REPAIR, GARAGE • 1,784 SF
      501 Fletcher Ave, Spencer, IN 47460-1010
      View Details
    • Value Estimation by Request
      4,250 SF

      565 State Hwy 46

      AUTO REPAIR, GARAGE • 4,250 SF
      565 State Hwy 46, Spencer, IN 47460-6746
      View Details
    • Value Estimation by Request
      4,000 SF

      279 Vandalia Ave

      CAR WASH • 4,000 SF
      279 Vandalia Ave, Spencer, IN 47460-1143
      View Details

    Similar Nearby for Sale

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    • $550,000
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      Commercial Land in Spencer, Indiana

      2.861-acre commercial land available in Spencer, Indiana.
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    • $680,000
      6,996 SF

      Multifamily Investment Opportunity in Spencer

      Two fiveplex buildings near downtown Spencer, Indiana, with strong rental income.
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    • New
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      5-Acre Wooded Residential Land

      5-acre wooded parcel ready for a custom home.
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    State Hwy 46
    Spencer, IN 47460
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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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