By Definition: How do the new deadline changes effect my Indiana property tax bill?

For the first time in a long time, Indiana has created new assessment deadlines across the state depending on the issuance of assessment notices. But how does this effect your tax bill and why should you care?

For those counties that are just now sending January 1, 2018 tax bills and didn’t issue Form-11 Notice of Assessment Change forms (which looks like this), the previously established deadlines found in IN Code 6-1.1-15-1.1 still apply. In this case, taxpayers have 45 days from the mailing of the tax bill to file an appeal. This will be the only date taxpayers have to contest a 2018 assessed value they don’t necessarily agree with.

The change in IN Code 6-1.1-15-1.1 is a whole new set of appeal deadlines across the board for all counties. Here is how it works. Beginning with the January 1, 2019 assessment date, if a taxpayer receives a Form-11 mailed prior to May 1, they have until June 15 of that same year in which to file an appeal of that Notice of Assessment. In other words, using our example of this year…

If you have already received notice of your assessment for 2019 (May 1, 2018 until April 30, 2019), you have until June 15th, 2019 to file an appeal. This will be the only time an appeal can be filed on this assessment.

If a Notice of Assessment is not issued until after May 1, the taxpayer has until June 15 of the following calendar year in which to file an appeal. For counties that use property tax bills as their “notices”, this creates a deadline of June 15th in the following year. As an example…

When you receive your tax bill [in a county not issuing a Form-11 for 2019] for the January 1, 2019 assessment date (most likely in March or April of 2020), the deadline will be June 15th, 2020.

Sound confusing? Let us help. If you have a commercial or industrial property that has not had the property tax assessment reviewed in a while, make sure that becomes a priority. You could be paying for assessment errors or on a total value that exceeds the market value in use of your property. Call us to see if you are being overassessed and see how Innovative Property Tax Solutions can help. 219-472-8682.