Assessments

Tax bills slashed for pair of ailing mallsRestricted Content

October 20, 2012
Kathleen McLaughlin
Marion County is granting Simon Property Group Inc. a $2.4 million refund, after a tax review board cut the value of Lafayette Square Mall and Washington Square Mall roughly in half.
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Marion County refigures property values amid errors

October 15, 2012
Associated Press
Indianapolis taxpayers wondering what their property is worth might have to wait until December because of widespread errors discovered in local assessments.
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Assessor predicts 2010 property tax bills will be on time

December 30, 2009
Peter Schnitzler
Indianapolis property tax bills, paid in two installments due in May and November, should be sent without delay for the first year since 2006.
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Advisory panel urges EPA to back plan to pay for green projects via property taxRestricted Content

November 28, 2009
Chris O'Malley
By issuing “voluntary environmental improvement bonds,”, local and state governments could create special taxing districts that finance homeowner purchases of everything from solar panels to rain gardens.
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MARCUS: Let's reassess reassessmentRestricted Content

June 1, 2009
Morton Marcus
The process of assessment could be simplified and performed uniformly and inexpensively.
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Tax caps thrill homeowners, assessments chill businessesRestricted Content

December 29, 2008
Peter Schnitzler
Soaring property taxes were arguably Indiana's biggest problem in 2007. In 2008, the Legislature approved property tax caps as a solution. But because the caps haven't been implemented, debate is still raging over the consequences the caps will have for local governments and whether they should be made permanent.
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Appeals pay off for biz ownersRestricted Content

December 8, 2008
Peter Schnitzler
More than one in four Marion County commercial and industrial property owners has appealed its property tax assessments this year, and the challenges often are paying off in a big way.
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Assessor consolidation is a mustRestricted Content

November 3, 2008
We have a long-standing policy of not endorsing political candidates, but there's no such policy where ballot initiatives are concerned. So we urge our readers to vote "yes" on assessor consolidation.
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Residents to decide fate of township assessorsRestricted Content

November 3, 2008
Peter Schnitzler
In this election, citizens must decide whether the assessing duties of the elected township assessor in the township should be transferred to the county assessor.
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Flood of appeals expected after rushed biz property-tax assessmentRestricted Content

March 17, 2008
Peter Schnitzler
In 2005, assessors valued the 559-acre Indianapolis Motor Speedway at $34.4 million for property tax purposes. According to the latest Marion County reassessment, it now has a market value of $170 million. Thousands of other businesses also would see extraordinary spikes in property values, according to an IBJ analysis of the latest assessment data.
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Property-tax reassessment may not be fix-allRestricted Content

August 13, 2007
Peter Schnitzler
The property-tax reassessment process that Gov. Mitch Daniels ordered last month will take five months and cost up to $3 million. But don't expect it to significantly alter the property-tax equation, warns Franklin Township Assessor Becky Williams, who also serves as president of the Indiana Assessors Association.
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Class A towers paying B taxesRestricted Content

August 6, 2007
Cory Schouten
When it comes to advertising and marketing, the city's two tallest skyscrapers are Class A, all the way. But throw out that notion at tax time. The owners of Chase Tower and OneAmerica Tower--and some of the city's other large office buildings--have successfully lobbied for lower building "grades" that save them big bucks on property taxes.
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Property reassessment could be painful processRestricted Content

July 30, 2007
Peter Schnitzler
Indiana's property tax woes are already a headache for Marion County homeowners. Now the cure is becoming a migraine for area businesses, local elected officials and regional economic developers, too.
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Aging IT system contributes to property-assessment woesRestricted Content

July 16, 2007
Peter Schnitzler
Indiana deliberately chose not to invest the tens of millions necessary for technology that could provide an accurate property-tax forecast. Instead, the state relied on an aging patchwork of property tax software that allows officials only to guess whether assessed valuations of homes and businesses are correct.
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Dramatic tax hikes predicted for homeownersRestricted Content

June 4, 2007
Peter Schnitzler
A former head of the Indiana Department of Local Government Finance says some Marion County homeowners soon could see property-tax increases of as much as 50 percent--far higher than government officials estimated. In part, that's because of Indiana's decision five years ago to abolish the inventory tax.
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County property tax hit loomingRestricted Content

April 30, 2007
Peter Schnitzler
Taxes on Marion County commercial and industrial properties soon may go up sharply. The Indiana Department of Local Government Finance, which oversees the state property tax system, has ordered a complete reassessment of the county's commercial and industrial properties.
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  1. So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.

  2. Owner occupied housing. Clear enough?

  3. So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.

  4. Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.

  5. RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.

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