Section 50IAC1-3-5. Assessment of hog barns

   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 ¼ 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.

(Department of Local Government Finance; Real Property Directive 78-105; filed Jan 30, 1978, 4:09 pm: Rules and Regs. 1979, p. 429)