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    Property profile & analytics

    State Rd 120 Howe, IN 46746

    • Hotels
    • 9,870 SF
    • 27.25 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Location Intelligence
    Property ID
    US31-2543888
    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

    • Hotels

    Property Details for State Rd 120

    Year built
    1900
    Construction
    WOOD
    Lot size
    27.25 lot acres
    Property size
    9,870 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    44-03-27-200-002.000-012
    APU
    440327200002000012

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Howe
    County
    Lagrange
    State
    Indiana
    Longitude
    -85.4724
    Latitude
    41.7221

    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
    $0.00
    $38,800
    $406,000
    $444,800
    -
    $38,800
    $406,000
    $444,800

    Comparable in this City

    • Value Estimation by Request
      31,551 SF

      45 750th N

      HOTEL/MOTEL • 31,551 SF
      45 750th N, Howe, IN 46746-9394
      View Details
    • Value Estimation by Request
      33,390 SF

      8080 State Rd 9th 9

      HOTEL/MOTEL • 33,390 SF
      8080 State Rd 9th 9, Howe, IN 46746-9822
      View Details
    • Value Estimation
      $320,000
      6,500 SF

      50 815th N

      HOTEL/MOTEL • 6,500 SF
      50 815th N, Howe, IN 46746-9708
      View Details
    • Value Estimation
      $360,000
      7,664 SF

      50 815th N

      HOTEL/MOTEL • 7,664 SF
      50 815th N, Howe, IN 46746-9708
      View Details
    • Value Estimation
      $705,000
      31,178 SF

      7333 State Rd 9th 9

      HOTEL/MOTEL • 31,178 SF
      7333 State Rd 9th 9, Howe, IN 46746-9709
      View Details
    • Value Estimation
      $420,000
      3,068 SF

      3355 700th N

      HOTEL/MOTEL • 3,068 SF
      3355 700th N, Howe, IN 46746-9590
      View Details

    Similar Nearby for Sale

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    • $325,000
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      Howe, IN Commercial Pole Building

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    State Rd 120
    Howe, IN 46746
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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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