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    307 Washington St Covington, IN 47932-1256

    • Office Properties & Spaces
    • 4,788 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $115,000
    Last Sale
    Oct 06, 2020
    $117,000
    Location Intelligence
    Property ID
    US31-1953719
    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

    • Windy Ridge Winery & Distillery / Winery / Distillery

    Property Details for 307 Washington St

    Year built
    1910
    Construction
    WOOD
    Lot size
    0.06 lot acres
    Property size
    4,788 SF
    Property type
    Office Properties & Spaces
    APN
    23-06-35-225-034.001-016
    APU
    230635225034001016

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Fountain
    State
    Indiana
    Longitude
    -87.3974
    Latitude
    40.1378

    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
    $2,311
    $9,000
    $94,100
    $103,100
    -
    $9,000
    $94,100
    $103,100

    Comparable in this City

    • Value Estimation by Request
      1,425 SF

      820 Railroad St

      OFFICE (GENERAL) • 1,425 SF
      820 Railroad St, Covington, IN 47932-1357
      View Details
    • Value Estimation by Request
      1,694 SF

      136 Ss Hwy

      OFFICE (GENERAL) • 1,694 SF
      136 Ss Hwy, Covington, IN 47932
      View Details
    • Value Estimation by Request
      704 SF

      216 4th St

      OFFICE (GENERAL) • 704 SF
      216 4th St, Covington, IN 47932-1222
      View Details
    • Value Estimation by Request
      3,480 SF

      1329 2nd St

      OFFICE (GENERAL) • 3,480 SF
      1329 2nd St, Covington, IN 47932-1009
      View Details
    • Value Estimation
      $405,000
      9,000 SF

      1327 2nd St

      OFFICE (GENERAL) • 9,000 SF
      1327 2nd St, Covington, IN 47932-1009
      View Details
    • Value Estimation by Request
      1,014 SF

      215 Pearl St

      OFFICE (GENERAL) • 1,014 SF
      215 Pearl St, Covington, IN 47932-1061
      View Details

    Similar Nearby for Sale

    • $825,000
      8,000 SF

      Net Leased Dollar General, IN

      High-yield, single-tenant retail investment.
      421 Jefferson St, Covington, IN 47932
      View Details
    • $825,000
      8,000 SF

      NNN Leased Dollar General Store

      Long-term NNN leased Dollar General in downtown Covington, Indiana.
      421 Jefferson St, Covington, IN 47932
      View Details
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    307 Washington St
    Covington, IN 47932-1256
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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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