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    Property profile & analytics

    State Rd 135 Trafalgar, IN 46181

    • Commercial land
    • 1.54 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 15, 2021
    $2,058,014
    Location Intelligence
    Property ID
    US31-3060977
    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 land

    Property Details for State Rd 135

    Lot size
    1.54 lot acres
    Property type
    Commercial land
    APN
    41-10-02-041-027.005-016
    APU
    411002041027005016

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Trafalgar
    County
    Johnson
    State
    Indiana
    Longitude
    -86.1588
    Latitude
    39.4196
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, 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
    $1,432
    $73,200
    $0.00
    $73,200
    -
    $73,200
    $0.00
    $73,200

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      Ohio St

      VACANT COMMERCIAL LAND • 0.05 Acres
      Ohio St, Trafalgar, IN 46181
      View Details
    • Value Estimation by Request
      0.67 Acres

      State Rd 135

      VACANT COMMERCIAL LAND • 0.67 Acres
      State Rd 135, Trafalgar, IN 46181
      View Details
    • Value Estimation by Request
      0.68 Acres

      State Rd 135

      VACANT COMMERCIAL LAND • 0.68 Acres
      State Rd 135, Trafalgar, IN 46181
      View Details
    • Value Estimation by Request
      0.34 Acres

      Pleasant St

      VACANT COMMERCIAL LAND • 1,200 SF
      Pleasant St, Trafalgar, IN 46181
      View Details
    • Value Estimation by Request
      4.18 Acres

      Trafalgar Pointe Way

      VACANT COMMERCIAL LAND • 4.18 Acres
      Trafalgar Pointe Way, Trafalgar, IN 46181
      View Details
    • Value Estimation by Request
      0.11 Acres

      Pearl St

      VACANT COMMERCIAL LAND • 0.11 Acres
      Pearl St, Trafalgar, IN 46181
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Land Parcels on SR 135

      Three commercial land parcels available on State Road 135.
      State Road 135, Trafalgar, IN 46181
      View Details
    • Contact for pricing

      Commercial Land Parcels on SR 135

      Three commercial land parcels available on State Road 135.
      S State Road 135, Trafalgar, IN 46181
      View Details
    • Contact for pricing
      1.00 Acre

      Trafalgar Commercial Land Trio

      Three prime commercial parcels in high-traffic area.
      0 In-135, Trafalgar, IN 46181
      View Details
    • $1,140,000
      29.83 Acres

      Wooded Acreage with Historic Covered Bridge

      Nearly 30 wooded acres featuring a custom home and stocked pond.
      1828 W 750 S, Trafalgar, IN 46181
      View Details
    • $50,000
      Pending

      Residential Lots in Trafalgar, IN

      Residential lots available in Trafalgar, Indiana.
      267 W Raymond Ave, Trafalgar, IN 46181
      View Details
    • $450,000
      19.00 Acres

      Trafalgar, IN: 19-Acre Lakefront Property

      19-acre property with 14-acre lake in Southern Johnson County.
      1 S 500 W, Trafalgar, IN 46181
      View Details
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    State Rd 135
    Trafalgar, IN 46181
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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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