Indiana Administrative Code
Title 50 - DEPARTMENT OF LOCAL GOVERNMENT FINANCE
Article 1 - GENERAL PROVISIONS
Rule 3 - Directives on Real Property
Section 3-5 - Assessment of hog barns
Authority: IC 6-1.1-31-1
Affected: IC 6-1.1-31
Sec. 5.
ASSESSMENT OF HOG CONFINEMENT BUILDINGS. In order to provide for the uniform assessment of hog confinement buildings the Board has determined that the pricing schedule on page RF-35 of the Indiana Real Property Appraisal Manual, with additions or deductions for components, supports the guidelines herein for the valuation of such property.
Because a farrowing barn, used primarily for sow farrowing and pig nursery, is similar in construction to a type-2 flat barn and a finishing barn, used primarily for housing and feeding until market weight, is similar in construction to type-3 general purpose building, the following guidelines are provided for respective buildings:
| AREA | FARROWING | FEEDING |
| 400 | $7.40 | $ |
| 600 | 6.90 | |
| 800 | 6.50 | |
| 1,000 | 6.10 | 4.40 |
| 1,200 | 5.50 | 4.10 |
| 1,800 | 5.20 | 3.85 |
| 2,400 | 5.00 | 3.75 |
| 3,000 | 4.80 | 3.65 |
| 4,000 | 4.50 | 3.45 |
| 5,000 | 4.40 | 3.40 |
| 6,000 | 4.30 | 3.35 |
| 8,000 | 4.15 | 3.25 |
| Included for plumbing | .10 | .10 |
| Included for lighting | .15 | .10 |
| Included for concrete floor | .65 | .65 |
| Included for insulation (See Page RF-35 for variable) | ||
| Add for all slated floor and pits | 2.30 | 2.30 |
| Add for 1/4 slatted floor and pits | 1.10 | 1.10 |
| Add for wood pens and ventilation | 2.40 | 1.90 |
| Add for steel pens and ventilation | 4.55 | 3.60 |
| Add for feeding bunks and systems from Page RF-35 |
Adjust for quality construction from grade D to grade B.
Adjust for depreciation with 20 year guideline life.
Pits, where applicable, should be valued from Schedule on GC-39.
