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    Property profile & analytics

    State Rd 66 Marengo, IN 47140

    • Turn key restaurants
    • 4,169 SF
    • 28.49 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US31-2471105
    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

    • Turn key restaurants

    Property Details for State Rd 66

    Year built
    1920
    Construction
    WOOD
    Lot size
    28.49 lot acres
    Property size
    4,169 SF
    Property type
    Turn key restaurants
    APN
    13-07-12-205-001.000-006
    APU
    130712205001000006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marengo
    County
    Crawford
    State
    Indiana
    Longitude
    -86.3489
    Latitude
    38.3632

    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
    $167,700
    $96,300
    $264,000
    -
    $167,700
    $96,300
    $264,000

    Comparable in this City

    • Value Estimation by Request
      1,440 SF

      Sr 64

      RESTAURANT • 1,440 SF
      Sr 64, Marengo, IN 47140
      View Details
    • Value Estimation
      $370,000
      1,786 SF

      270 State Rd 64

      RESTAURANT • 1,786 SF
      270 State Rd 64, Marengo, IN 47140-3166
      View Details
    • Value Estimation by Request
      2,055 SF

      2834 In-66

      Restaurants • 2,055 SF
      2834 In-66, Marengo, IN 47140
      View Details
    • Value Estimation by Request
      940 SF

      170 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 940 SF
      170 Washington St, Marengo, IN 47140-8949
      View Details
    • Value Estimation by Request
      2,055 SF

      2834 State Rd 66

      CONVENIENCE STORE • 2,055 SF
      2834 State Rd 66, Marengo, IN 47140-8434
      View Details
    • Value Estimation by Request
      968 SF

      250 State Rd 64

      RETAIL STORES (PERSONAL SERVICES) • 968 SF
      250 State Rd 64, Marengo, IN 47140
      View Details

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      Prime Marengo Business Opportunity

      Restaurant, Axe Throwing, & More!
      2834 State Road 66, Marengo, IN 47140
      View Details
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    State Rd 66
    Marengo, IN 47140
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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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