5975 State Rd 62Lexington, IN 47138

  • Retail properties
  • 4,800 SF
Off market
$272,976 Estimated

Property Details for 5975 State Rd 62

Year built
2007
Construction
WOOD
Lot size
2.00 AC
Property size (Sq ft)
4,800 SF
Property type
Retail properties
Property subtype
Retail space
APN
39-14-33-000-044.000-012
APU
391433000044000012
5975 State Rd 62, Lexington, Indiana

PT Realty Valuation

  • Cap approach

    6%
    $1,173,628
    6.5%
    $1,083,349
    7%
    $1,005,967
  • Alternative use approach

    Residential
    $913,845
    Hospitality
    $837,077
    Educational
    $696,438
    Medical
    $720,390
    Retail
    $1,083,349
  • Comp approach

    Method 1
    $1,041,224
    Method 2
    $1,041,224

Location Insight

City
Lexington
County
Jefferson
State
Indiana
Latitude
38.6508
Longitude
-85.5243
CBSA code
31500
CBSA name
MADISON, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $175,600
  • Assessed land value
    $50,000
  • Assessed value
    $225,600
  • Tax year
    2023
  • Tax bill
    $4,785

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