16500 State Rd 63Covington, IN 47932

Property Details for 16500 State Rd 63

Year built

2006

Construction

WOOD

Lot size

10.25 AC

Property size (Sq ft)

1,456 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

83-01-04-200-005.000-009

APU

830104200005000009

PT Realty Valuation

• Cap approach

  6%

  $687,838

  6.5%

  $634,927

  7%

  $589,575

• Alternative use approach

  Residential

  $535,585

  Hospitality

  $490,593

  Educational

  $408,168

  Medical

  $422,205

  Retail

  $634,927

• Comp approach

  Method 1

  $477,903

  Method 2

  $477,903

Location Insight

City

Covington

County

Vermillion

State

Indiana

Latitude

40.122

Longitude

-87.4503

CBSA code

45460

CBSA name

TERRE HAUTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $48,600
• Assessed land value
  $23,000
• Assessed value
  $71,600
• Tax year
  2023
• Tax bill
  $1,393

FAQs

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