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    Property profile & analytics

    State Rd 61 Spurgeon, IN 47584

    • Commercial real estate
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2783217
    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 61

    Year built
    2005
    Lot size
    0.15 lot acres
    Property type
    Commercial real estate
    APN
    63-13-13-201-006.000-008
    APU
    631313201006000008

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spurgeon
    County
    Pike
    State
    Indiana
    Longitude
    -87.2577
    Latitude
    38.2526
    CBSA code
    27540
    CBSA name
    JASPER, 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
    $132
    $3,200
    $1,200
    $4,400
    -
    $3,200
    $1,200
    $4,400

    Comparable in this City

    • Value Estimation by Request
      1,196 SF

      5th St

      COMMERCIAL (GENERAL) • 1,196 SF
      5th St, Spurgeon, IN 47584
      View Details
    • Value Estimation by Request
      1,029 SF

      State Rd 61

      COMMERCIAL (GENERAL) • 1,029 SF
      State Rd 61, Spurgeon, IN 47584
      View Details
    • Value Estimation by Request
      4,332 SF

      11505 State Rd 61

      COMMERCIAL (GENERAL) • 4,332 SF
      11505 State Rd 61, Spurgeon, IN 47584-9610
      View Details
    • Value Estimation by Request
      416 SF

      State Rd 61

      COMMERCIAL (GENERAL) • 416 SF
      State Rd 61, Spurgeon, IN 47584
      View Details
    • Value Estimation by Request
      1,247 SF

      11010 State Rd 61

      COMMERCIAL (GENERAL) • 1,247 SF
      11010 State Rd 61, Spurgeon, IN 47584
      View Details
    • Value Estimation by Request
      5,604 SF

      1165 5th St

      COMMERCIAL (GENERAL) • 5,604 SF
      1165 5th St, Spurgeon, IN 47584
      View Details

    Similar Nearby for Sale

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      Pending

      Spurgeon IN Recreational Land

      110.13 acre recreational land with ponds and trails.
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    • $280,000
      40.00 Acres

      40 Acres Reclaimed Land, Spurgeon

      40 acres of reclaimed land ideal for recreational use.
      Crk 1250 S, Spurgeon, IN 47584
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    State Rd 61
    Spurgeon, IN 47584
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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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