The Indiana Tax Court is taking its oral arguments on the road and heading to Bloomington this week.
A Bexar County arbitration panel rejected arguments by Lowe’s Home Centers to value some of its San Antonio area stores as if they were empty instead of functioning businesses, according to a seven-page decision issued Wednesday.
It’s an argument the North Carolina-based company has successfully used in Michigan and Indiana where major retailers have driven down property values and tax revenue. City officials say a victory for Lowe’s could cost area taxpayers more than $272 million over five years if the home improvement retailer wins.
The Pines Village Retirement Communities in Valparaiso has appealed to the state to recover tax exemptions on more than $20 million in assessed value on its apartments and Meridian Woods Homes condominium development.
The Indiana Tax Court affirmed an appraisal of $592,000 for a woman’s property, holding the owner appealing the judgment failed to relate her evidence for a lower appraisal to a Jan. 1, 2008, valuation date.
Lake County’s assessment appeal deadline is coming up on Monday November 30th for all parcels that received a Notice of Assessment Change for 2015 in October. If you are one of these taxpayers, you need to act now in order to preserve your ability to appeal the 2015 value.
Innovative Property Tax Solutions is the full-service property tax consulting firm that can bolster your bottom line and help minimize your property tax liability. We provide a thorough review and analysis of your situation, ensuring you pay no more than your fair share in property taxes. Our team of Certified Level III Assessor/Appraisers has many years of experience in this industry, working with tax liabilities of all sizes and scopes on both the public and private side of valuation. We know this business and have the tools to be a valuable asset to your operating team.
Call us today to see how you could be overpaying. A short conversation with one of our experts could save you time, frustration, and money.
With about a fourth of the Lake County parcels having been reassessed, Notices of Assessment have been sent out to those tax payers. This affects over 55,000 parcels in the county. The Lake County deadline to appeal the new assessed values for 2015 will be November 30th. All other parcels, not receiving a notice, will still be able to appeal once tax bills come out in the spring.
If you own one of the 55,000 parcels that were noticed, you could be overpaying your property taxes in the Spring if you don’t act now.
Give us a call at 219-472-8682 and talk with one of our property tax experts. Our risk-free review and analysis of your assessment situation can put valuable dollars back into your bottom line. Don’t let another year go by without knowing for sure that you are paying only your fair share.
More than 61,000 Lake County property owners should have received notices by now in the mail detailing the changes to their assessed values for 2015. Although Lake County does not always send notices, about one fourth of the county’s parcels have already gone through the first year of the general reassessment and their values have been adjusted accordingly.
Is your commercial or industrial property being over-assessed? Now is the time to act. If you received a notice from the assessor’s office don’t wait until the tax bills come out. It will be too late. Give us a call to have a risk-free review and analysis performed on your property. You could be over-paying valuable tax dollars that could be used toward your bottom line.
The deadline is coming up November 30th for all Lake County tax payers that received a notice on their property.
BLOOMINGTON, Ind. (Aug. 25, 2015) — A tax court ruled in favor of a CVS store in Bloomington, the latest in a series of cases that has county assessors calling for action.
Most governmental units receive the bulk of their funding from property taxes. The amount a property owner pays is determined by an assessed value. In Howard County, those assessed values have been in decline for years.