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    Property profile & analytics

    State Rd 16 Lucerne, IN 46950

    • Commercial land
    • 0.99 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-3061569
    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 16

    Lot size
    0.99 lot acres
    Property type
    Commercial land
    APN
    09-03-22-200-034.000-011
    APU
    90322200034000011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lucerne
    County
    Cass
    State
    Indiana
    Longitude
    -86.4035
    Latitude
    40.8655
    CBSA code
    30900
    CBSA name
    LOGANSPORT, IN MICROPOLITAN 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
    $118
    $6,400
    $0.00
    $6,400
    -
    $6,400
    $0.00
    $6,400

    Comparable in this City

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      1.87 Acres

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      VACANT COMMERCIAL LAND • 1.87 Acres
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      0.44 Acres

      Railroad St

      VACANT COMMERCIAL LAND • 0.44 Acres
      Railroad St, Lucerne, IN 46950
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    • Value Estimation by Request
      11.30 Acres

      9179 Crk 300

      Farms • 4,370 SF
      9179 Crk 300, Lucerne, IN 46950
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      2,724 SF

      1582 Hl St

      THEATER (MOVIE) • 2,724 SF
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      2,244 SF

      1408 Frushour St

      COMMERCIAL (GENERAL) • 2,244 SF
      1408 Frushour St, Lucerne, IN 46950
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    • Value Estimation by Request
      1,800 SF

      4710 County Rd 900th N

      COMMERCIAL (GENERAL) • 1,800 SF
      4710 County Rd 900th N, Lucerne, IN 46950
      View Details
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    State Rd 16
    Lucerne, IN 46950
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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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