As posted earlier, on March 19, 2020, Indiana Governor Eric Holcomb issued Executive Order 20-05. Section 6(B) of the Order states: Property taxes remain due on May 11, 2020, however counties are to waive penalties on payments made after May 11, 2020, for a period of 60 days. This waiver does not apply to tax … [Read more...]
Additional Guidance on Penalties for Indiana Property Tax Payments due May 11th and Personal Property Tax Returns Due May 15th
March 25, 2020 Leave a Comment
Property Taxes Must be Paid on or before July 10th to avoid penalties. On March 20th I discussed the Indiana Governor's Executive Order No. 20-05, which calls for property payments (for the January 1, 2019 assessment date and payable in 2020) to still be paid on or by May 11th but waiving penalties on payments … [Read more...]
Indiana Tax Court affirms Voluntary Dismissals of Property Tax Appeals, where Assessor had not incurrred a “Substantial Expense”
February 24, 2020 Leave a Comment
Assessor had spent little time with limited discovery prosecuting case Name: Marion County Assessor v. Stutz Business Center, LLC Date Issued: August 30, 2019 Property Type: Vacant land Assessment Years: 2012-2014 Point of Interest: Assessor challenged the Indiana Board’s granting of Taxpayer’s … [Read more...]
Indiana Tax Court “cannot ignore the parties’ and the Indiana Board’s misapprehension of the law” – applies 1% tax cap to residence that was eligible for (but not entitled) to homestead standard deduction.
February 17, 2020 Leave a Comment
Name: Purdom v. Knox County Assessor, Knox County Property Tax Assessment Board of Appeals, and Indiana Board of Tax Review Date Issued: Feb. 11, 2020 Property Type: Single-family residence Assessment Date: March 1, 2013 Owner was denied the homestead standard deduction for 2013 for a home that she … [Read more...]
Declining to reweigh the evidence, Indiana Tax Court affirms assessments of CVS store based on cost approach
December 24, 2019 Leave a Comment
Name: CVS Corporation v. Elkhart County Assessor Date Issued: December 9, 2019 Property Type: Retail pharmacy Assessment Years: 2012 - 2015 Point of Interest: Indiana Tax Court would not reweigh the record evidence, which supported the Indiana Board of Tax Review’s conclusion of value based solely on … [Read more...]
Indiana Tax Court affirms assessment of vacant lot based on appraisal and testimony of the appraiser
December 16, 2019 Leave a Comment
Name: Sheerin v. LaPorte County Assessor Date Issued: December 11, 2019 Property Type: Vacant lot Assessment Year: 2015 Point of Interest: Appraisal offered by Assessor had minor flaws but sufficiently established a prima facie case supporting the assessed value of a vacant lot. … [Read more...]