Appraisals were “hearsay” and could not, standing alone, support reduction in home’s assessed value

In Thiry v. Dearborn County Assessor, Pet. No. 15-020-10-1-5-0001 (May 17, 2012) [Small Claims Docket], the Indiana Board of Tax Review considered the assessor's objection to the admission of the homeowners' two appraisals as "hearsay." See http://1.usa.gov/MEQgB3.  Indiana Rule of Evidence … [Read more...]

No joke? Providing “mirth” insufficient to support property tax exemption for fraternal group

"Mirth is God’s medicine. Everybody ought to bathe in it." - Henry Ward Beecher Laughter may be the best medicine, but apparently it is not the best prescription for a property tax exemption.  The Indiana Board of Tax Review denied an exemption for property used to promote "mirth" … [Read more...]

Tangle over the Tango: Dance & Gymnastics School owned by S Corporation and leased to non-profit found 100% exempt from property tax.

Property tax appeals often feel like a dance between the taxpayer and assessor, and in a January 2012 decision the parties went toe-to-toe over whether a dance and gymnastics studio qualified for a 100% exemption.  In Herrick Investments, Inc. v. Marion County Assessor, Petition No. 49-500-08-2-8-00001 (Ind. … [Read more...]

Indiana Board of Tax Review relies on listing prices for industrial facility to determine its property tax value

In property tax appeals, the reviewing body frequently faces a "battle of the experts" (usually appraisers).  In 1 General Street, LLC v. Cass County Assessor, Pet. Nos. 09-010-09-1-3-00120 et al. (Jan. 31, 2012) (March 1, 2009 and 2010 assessment dates), the Indiana Board of Tax … [Read more...]

Taxpayer wins battle of dueling dates – Indiana Board of Tax Review finds that date on property tax bill notice (and not the unsworn testimony of deputy treasurer) supports ruling that appeal was timely filed

Regardless of tax type, appeal deadlines are important.  A taxpayer must meet its appeal deadline or risk losing the right to challenge an assessment.  But what happens when the "trigger date" for the appeal deadline is in dispute?  A newly issued decision from the Indiana Board of … [Read more...]

Sunny Days May Mean Property Tax Savings for Hoosiers Installing Solar Power Devices starting in 2012

As the City of Indianapolis gears up for 96th running of the Indianapolis 500 on Sunday, with the temperature possibly reaching into the 90s, it strikes me as an appropriate moment to discuss how Hoosier property owners can turn the summer sun into future property tax savings with a newly added … [Read more...]