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    Property profile & analytics

    Hwy 62 New Washington, IN 47162

    • Retail space
    • 3,831 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 14, 2023
    Location Intelligence
    Property ID
    US31-2769550
    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

    • Retail space

    Property Details for Hwy 62

    Year built
    1950
    Construction
    WOOD
    Lot size
    0.32 lot acres
    Property size
    3,831 SF
    Property type
    Retail space
    APN
    10-12-03-200-173.000-034
    APU
    101203200173000034

    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
    -85.5419
    Latitude
    38.5645
    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
    $868
    $17,200
    $36,600
    $53,800
    -
    $17,200
    $36,600
    $53,800

    Comparable in this City

    • Value Estimation by Request
      1,940 SF

      302 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,940 SF
      302 Main St, New Washington, IN 47162-9140
      View Details
    • Value Estimation by Request
      6,400 SF

      215 Poplar St

      RETAIL STORES (PERSONAL SERVICES) • 6,400 SF
      215 Poplar St, New Washington, IN 47162
      View Details
    • Value Estimation
      $395,000
      9,548 SF

      3603 Bethlehem New Washington Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,548 SF
      3603 Bethlehem New Washington Rd, New Washington, IN 47162-9728
      View Details
    • Value Estimation by Request
      2,115 SF

      305 Hwy 62

      RETAIL STORES (PERSONAL SERVICES) • 2,115 SF
      305 Hwy 62, New Washington, IN 47162-9142
      View Details
    • Value Estimation
      $435,000
      2,035 SF

      102 Hwy 62

      RETAIL STORES (PERSONAL SERVICES) • 2,035 SF
      102 Hwy 62, New Washington, IN 47162-9148
      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
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    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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