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    Property profile & analytics

    Us Hwy 50 Butlerville, IN 47223

    • Commercial land
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2840697
    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 Us Hwy 50

    Lot size
    0.21 lot acres
    Property type
    Commercial land
    APN
    40-08-22-300-020.000-002
    APU
    400822300020000002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Butlerville
    County
    Jennings
    State
    Indiana
    Longitude
    -85.515
    Latitude
    39.0331
    CBSA code
    35860
    CBSA name
    NORTH VERNON, 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
    $29
    $1,600
    $0.00
    $1,600
    -
    $1,600
    $0.00
    $1,600

    Comparable in this City

    • Value Estimation by Request
      1.43 Acres

      5460 High School Rd

      VACANT COMMERCIAL LAND • 4,760 SF
      5460 High School Rd, Butlerville, IN 47223-9593
      View Details
    • Value Estimation by Request
      0.57 Acres

      5490 High School Rd

      VACANT COMMERCIAL LAND • 7,216 SF
      5490 High School Rd, Butlerville, IN 47223-9593
      View Details
    • Value Estimation
      $320,000
      7,799 SF

      5515 County Rd 820th E

      THEATER (MOVIE) • 7,799 SF
      5515 County Rd 820th E, Butlerville, IN 47223-9181
      View Details
    • Value Estimation by Request
      256 SF

      3335 Brush Crk Dr

      COMMERCIAL (GENERAL) • 256 SF
      3335 Brush Crk Dr, Butlerville, IN 47223
      View Details
    • Value Estimation by Request
      4,800 SF

      3320 Main St

      COMMERCIAL (GENERAL) • 4,800 SF
      3320 Main St, Butlerville, IN 47223
      View Details
    • Value Estimation by Request
      4,863 SF

      8250 County Rd 540th N

      COMMERCIAL (GENERAL) • 4,863 SF
      8250 County Rd 540th N, Butlerville, IN 47223-9410
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Butlerville Lot with Concrete Pad

      Lot in Butlerville with concrete pad and fire hydrant.
      5230 E Us Highway 50, Butlerville, IN 47223
      View Details
    • $475,000
      48.00 Acres

      48 Acres of Riverfront Land

      Private acreage with river frontage, trails, pond, and hayfields.
      East County Road 200 North, Butlerville, IN 47223
      View Details
    • $99,900
      1.25 Acres

      Butlerville Investment: Highway 50 Property

      High-traffic location, income potential.
      5095 Us Highway 50, Butlerville, IN 47223
      View Details
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    Us Hwy 50
    Butlerville, IN 47223
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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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