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    Property profile & analytics

    State Rd 16 Brook, IN 47922

    • Commercial real estate
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2442915
    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 State Rd 16

    Year built
    1984
    Lot size
    0.12 lot acres
    Property type
    Commercial real estate
    APN
    56-14-19-200-005.000-006
    APU
    561419200005000006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brook
    County
    Newton
    State
    Indiana
    Longitude
    -87.378
    Latitude
    40.8656
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI 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
    $37
    $1,800
    $400
    $2,200
    -
    $1,800
    $400
    $2,200

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      Railroad St

      COMMERCIAL (GENERAL) • 0.05 Acres
      Railroad St, Brook, IN 47922
      View Details
    • Value Estimation by Request
      2,736 SF

      2797 883rd S

      COMMERCIAL (GENERAL) • 2,736 SF
      2797 883rd S, Brook, IN 47922-8614
      View Details
    • Value Estimation by Request
      2,674 SF

      116 Broadway St

      COMMERCIAL (GENERAL) • 2,674 SF
      116 Broadway St, Brook, IN 47922
      View Details
    • Value Estimation by Request
      1,653 SF

      216 Main St

      COMMERCIAL (GENERAL) • 1,653 SF
      216 Main St, Brook, IN 47922-8723
      View Details
    • Value Estimation by Request
      0.29 Acres

      8931 280th W

      COMMERCIAL (GENERAL) • 0.29 Acres
      8931 280th W, Brook, IN 47922-8611
      View Details
    • Value Estimation by Request
      0.12 Acres

      108 Broadway St

      SHOW ROOM, WAREHOUSE • 0.12 Acres
      108 Broadway St, Brook, IN 47922
      View Details
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    State Rd 16
    Brook, IN 47922
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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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