To protect and preserve their right to fair and equitable property tax assessments, taxpayers should understand the fundamentals of Indiana’s assessment system and how to challenge excessive valuations. If you own real...more
Indiana apartment owners and operators enter 2024 with new opportunities to lower their real property tax assessments. Under an updated law effective this year, Ind. Code § 6-1.1-4-39 (Section 39), for property tax assessment...more
Taxpayers in Indianapolis and Marion County, Indiana, may be in for an unpleasant surprise when property tax bills are mailed out in the coming days. Based on assessment data available on the Marion County Assessor’s website,...more
In its 2022 legislative session, the Indiana General Assembly eliminated important taxpayer protections against large property tax assessment increases by Indiana’s assessing officials. With these changes, a taxpayer is no...more
As many commercial and retail operators know, a transfer in California property interests may lead to a sizable increase in a taxpayer’s property tax liability. Specifically, while property values are capped under Proposition...more
Indiana property tax exemption applications must be filed on or before April 1, 2021. To grant an exemption, a county’s property tax assessment board of appeals will look at both the physical status and use of a property as...more
Name: Square 74 Associates LLC v. Marion County Assessor -
Date Issued: December 3, 2019 -
Property Type: 7-story 209,888 square foot public parking garage with 31,000 square feet of first floor retail consisting of...more
Given today’s unprecedented stress and uncertainty, multifamily property owners in Marion County, Indiana should explore all avenues that could help reduce their property tax bill. A little due diligence — and some informed...more
Property tax assessors often operate under the belief that a property’s sale price represents the best indication of that property’s market value, and thus should form the basis of its next assessment. Generally speaking,...more
Name: Rainbow Rascals Warsaw, LLC v. Kosciusko County Assessor -
Date Issued: April 10, 2019 -
Property Type: Childcare Facility -
Assessment Year(s): 2015-2018...more
Name: Wigwam Holdings LLC v. Madison County Assessor -
Date Issued: December 14, 2018 -
Property Type: 220,000 SF building, including a natatorium, auditorium and 8,996 seat basketball facility...more