Indiana Tax Court upholds assessment reductions for big box store, finding no “infirmities” in its prior holdings allowing consideration of sales to “secondary users” and sales of vacant stores

Indiana Tax Court upholds assessment reductions for big box store, finding no “infirmities” in its prior holdings allowing consideration of sales to “secondary users” and sales of vacant stores

Let the decisions stand!  On September 7, 2016, the Indiana Tax Court relied on the well-established principle of stare decisis – the “foundation stone of the rule of law” – in refusing to overrule the Court’s prior decisions regarding use of comparable sales to so-called “secondary users” and sales of vacant … [Read more...]

Invalid “Dark Box” Property Tax Claims Misinform Indiana and Michigan Legislatures

Invalid “Dark Box” Property Tax Claims Misinform Indiana and Michigan Legislatures

I wanted to share an article that I co-authored that was included in the July 2016 edition of the IPT Insider.  Among other things, the article observes:  “Assigning value to property based on a taxpayer’s business operations will unlawfully tax properties based on both intangible assets and intangible factors, … [Read more...]

Market data which did not relate to valuation date could not support assessment reduction for lakeside rental property before Indiana Tax Court

Market data which did not relate to valuation date could not support assessment reduction for lakeside rental property before Indiana Tax Court

  Due to technical issues, I have been unable to distribute posts to subscribers over the past several weeks.  I apologize for the absence and look forward to renewing updates on a regular basis! The Owner of a lakeside rental property failed to connect her market evidence to the relevant valuation … [Read more...]

Indiana Homeowners failed to prove $0 value for partially constructed residence assessed as 100% complete

Indiana Homeowners failed to prove $0 value for partially constructed residence assessed as 100% complete

In Jones v. Jefferson County Assessor (May 4, 2016), Homeowners in Jefferson County argued that their partially constructed home should not have been assessed as 100% complete for the 2008 and 2009 tax years.  In fact, they argued, the residence should be assigned a $0 value for assessment purposes.  The home was … [Read more...]

Indiana Tax Court Affirms Reclassification of Wooded Land from Excess Residential to Agricultural

Indiana Tax Court Affirms Reclassification of Wooded Land from Excess Residential to Agricultural

On January 29, 2016, the Indiana Tax Court in DeKalb County Assessor v. Chavez upheld the decision by the Indiana Board of Tax Review to reclassify 2.72 acres of land from excess residential to agricultural for the March 1, 2013, assessment date.  Owners acquired 5.18 acres in the 1980s.  As of the 2013 assessment … [Read more...]

Indiana Tax Court rejects Assessor’s income analysis and allocated purchase price information in affirming assessment reductions for Shopping Center

Indiana Tax Court rejects Assessor’s income analysis and allocated purchase price information in affirming assessment reductions for Shopping Center

In a pair of decisions issued on September 30 and December 3, 2015, the Indiana Tax Court upheld the 2006 to 2010 assessment reductions for an Indianapolis shopping center.  In Marion County Assessor v. Gateway Arthur, Inc., Taxpayer owned six parcels consisting of three buildings with 270,000 square feet of … [Read more...]