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    Property profile & analytics

    State Rd 203 Lexington, IN 47138

    • Mining Land & Claims
    • 5,420 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2874317
    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

    • Mining Land & Claims

    Property Details for State Rd 203

    Year built
    1956
    Construction
    WOOD
    Property size
    5,420 SF
    Property type
    Mining Land & Claims
    APN
    72-06-20-900-000.100-005
    APU
    720620900000100005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Scott
    State
    Indiana
    Longitude
    -85.5996
    Latitude
    38.6808
    CBSA code
    42500
    CBSA name
    SCOTTSBURG, 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
    $3,925
    $0.00
    $202,400
    $202,400
    -
    $0.00
    $202,400
    $202,400

    Comparable in this City

    • Value Estimation by Request
      0.08 Acres

      11800 Polk Rd

      INDUSTRIAL - VACANT LAND • 0.08 Acres
      11800 Polk Rd, Lexington, IN 47138-6843
      View Details
    • Value Estimation by Request
      2.27 Acres

      2360 English Dr

      INDUSTRIAL - VACANT LAND • 2.27 Acres
      2360 English Dr, Lexington, IN 47138-8567
      View Details
    • Value Estimation by Request
      46.00 Acres

      514 Reid Rd

      INDUSTRIAL - VACANT LAND • 140 SF
      514 Reid Rd, Lexington, IN 47138-8512
      View Details
    • Value Estimation by Request
      0.02 Acres

      Main St

      VACANT COMMERCIAL LAND • 0.02 Acres
      Main St, Lexington, IN 47138
      View Details
    • Value Estimation by Request
      5.21 Acres

      76 Reid Rd

      VACANT COMMERCIAL LAND • 5.21 Acres
      76 Reid Rd, Lexington, IN 47138-8507
      View Details
    • Value Estimation by Request
      2.00 Acres

      888 In-3

      Land • 2.00 Acres
      888 In-3, Lexington, IN 47138
      View Details

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      Commercial lots available at a busy intersection in Lexington, IN.
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    • Contact for pricing
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      Lexington, IN Commercial Land

      Three 2-acre commercial lots, prime location.
      888 In-3, Lexington, IN 47138
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    • New
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      6+ Acre Vacant Land

      Vacant land perfect for building your dream home.
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    • $1,499,000
      2,314 SF

      Lexington Farm Estate with Income

      124-acre farm with remodeled home, CRP income, and tillable land.
      10747 East State Road 356, Lexington, IN 47138
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    State Rd 203
    Lexington, IN 47138
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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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