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    Property profile & analytics

    203 Hwy 62 New Washington, IN 47162

    • Commercial real estate
    • 1,680 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 27, 2023
    Location Intelligence
    Property ID
    US31-3082829
    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 203 Hwy 62

    Year built
    1942
    Construction
    WOOD
    Lot size
    0.24 lot acres
    Property size
    1,680 SF
    Property type
    Commercial real estate
    APN
    10-12-03-200-138.000-034
    APU
    101203200138000034

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Washington
    County
    Clark
    State
    Indiana
    Longitude
    -85.5426
    Latitude
    38.5643
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN 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
    $581
    $14,500
    $21,500
    $36,000
    -
    $14,500
    $21,500
    $36,000

    Comparable in this City

    • Value Estimation by Request
      0.62 Acres

      1st St

      COMMERCIAL (GENERAL) • 0.62 Acres
      1st St, New Washington, IN 47162
      View Details
    • Value Estimation by Request
      0.31 Acres

      Ctr St

      SHOW ROOM, WAREHOUSE • 0.31 Acres
      Ctr St, New Washington, IN 47162
      View Details
    • Value Estimation by Request
      0.27 Acres

      Washington St

      SHOW ROOM, WAREHOUSE • 0.27 Acres
      Washington St, New Washington, IN 47162
      View Details
    • Value Estimation by Request
      1,400 SF

      Main St

      COMMERCIAL (GENERAL) • 1,400 SF
      Main St, New Washington, IN 47162
      View Details
    • Value Estimation by Request
      360 SF

      Vest Rd

      COMMERCIAL (GENERAL) • 360 SF
      Vest Rd, New Washington, IN 47162
      View Details
    • Value Estimation
      $395,000
      3,104 SF

      111 Ohio St

      COMMERCIAL (GENERAL) • 3,104 SF
      111 Ohio St, New Washington, IN 47162
      View Details
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    203 Hwy 62
    New Washington, IN 47162
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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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