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Doesn’t this paper have an editor? This article was extremely hard to follow.
I’ve asked that question more than once.
Perhaps assessors should just give the house a single (market) value instead of the sum of independently obtained land and improvements components.
but the value of the house may vary, considerably, depending on the size of the lot and other improvements. A 4500 square foot home on a 1/2 acre lot may not be worth as much as the identical 4500 sf house on 3 acres with a swimming pool and large environmentally controlled outbuilding in which the owner stores some classic cars and has a restoration shop.
And with all of that, he could afford to pay a little extra in taxes.
This is disgusting. A radiologist making stupid amounts of money taking this to court over a thousand bucks. Talk about greed. That thousand bucks means nothing to someone making that amount of money, but this decision could be detrimental to rural counties, schools, libraries, across the state. Hope that drop of change is worth robbing Indiana’s youth of opportunities.
+1
The one acre curtailment makes a lot of sense in almost every case. From a public policy perspective, it seems to discourage suburban sprawl, raising costs for people that choose (and can afford) to purchase more land. If the land happens to be income producing, one acre is a reasonless amount of space for a home.
I don’t agree that this is a decision left up to the county accessor, and that might be the key flaw in the current court rulings.