Indiana Board of Tax Review rules on application of new statute permitting use of comparable assessments to challenge a property’s value

Indiana Board of Tax Review rules on application of new statute permitting use of comparable assessments to challenge a property’s value

          Indiana Code § 6-1.1-15-18, added to Indiana law by P.L. 146-2012, provides that to accurately determine a property’s market value-in-use, a taxpayer or an assessing official may: (1) in a residential property proceeding, introduce evidence of the assessments of comparable properties located in the same … [Read more...]