In Guthrie v. Clark County Assessor (August 13, 2019), Taxpayer challenged the 2018 assessment of her home, pole barn and other improvements before the Indiana Board of Tax Review. She argued that the actual construction costs were below the assessed value. Taxpayer’s husband was a builder and contractor, and … [Read more...]
Avoiding Procedural Pitfalls, Indiana Churches Attain Property Tax Exemptions
July 31, 2019 Leave a Comment
Indiana law provides several avenues to achieve property tax exemptions for property used to advance religious purposes. In June 2019, The Indiana Board of Tax Review approved application of property tax exemptions to a church and a family-life center. In both cases — New Testament Baptist Church v. Boone County … [Read more...]
Zestimate v. The Assessment – Property Estimate from Zillow.com was not Probative Evidence of a Home’s Value According to the Indiana Board of Tax Review
July 29, 2019 Leave a Comment
In Harris v. Madison County Assessor (April 2, 2019), an Indiana Homeowner contested the January 1, 2017 assessment of her residence in Anderson. She had the burden of proof on appeal, and the Indiana Board of Tax Review wanted to know why Homeowner thought her home was overvalued. Her answer, in part? Because … [Read more...]
Indiana Board of Tax Review Denies Real Property Tax Exemptions for Early Childhood Educational Facilities for Lack of Proper Certifications
June 24, 2019 Leave a Comment
Name: Rainbow Rascals Warsaw, LLC v. Kosciusko County Assessor Date Issued: April 10, 2019 Property Type: Childcare Facility Assessment Year(s): 2015-2018 Point of Interest: Tangible property owned, occupied, or used by a for-profit provider of early childhood education services to children ages 4-5 … [Read more...]
Don’t Get Overtaxed: A Guide to Colorado Property Taxes and Appeals
May 28, 2019 Leave a Comment
Benjamin Franklin’s famous statement — “in this world nothing can be said to be certain, except death and taxes” — remains true to this day. But while the need to pay taxes is unavoidable, the amount you owe for your real estate taxes is not necessarily so set in stone. That amount can be challenged if you think … [Read more...]
Tax Court rejects Indiana Board’s “Throwing Darts” to Conclude to a Capitalization Rate That Neither Party’s Appraiser Offered Into Evidence
May 24, 2019 Leave a Comment
Name: Madison County Assessor v. Sedd Realty Company Date Issued: May 22, 2019 Property Type: Shopping Center Assessment Dates: 2009-2012 Point of Interest: The Indiana Board of Tax Review acted arbitrarily and capriciously by applying a capitalization rate that no appraiser relied upon and that was … [Read more...]