Reassessment, Trending, and Appeals
What is reassessment?
In Indiana, reassessment is the periodic re-inspection of real property to check for errors, pick up new construction and improvements, and to clean up the county's data. Field workers will visit and inspect every property in the county before March 1, 2012. The next general reassessment is scheduled for the year of 2017.
What is trending?
Trending is the annual process of valuing real property. To conduct trending, the assessor's office compares assessed values to real estate sales data, then adjusts values if necessary - upward or downward - to reflect market conditions for the assessment period. Assessments are then reviewed for statistical measures of accuracy, fairness, and equitability between properties.
What is the purpose of the door hanger left at my home?
During reassessment, our office will send field agents to examine and inspect the exterior of every property and interview the property owner to obtain information about the interior. If no one is available to answer the questions at the time of our inspection, we will leave a door hanger. This information is vital to our efforts, since it provides us with information about the interior features and if any changes have been made to the interior of the home.
What is the timeframe for filing an appeal on my property tax assessment?
As a taxpayer, you have the right to appeal your assessed value within forty-five (45) days of the date the notice is mailed out. In Lake County, notice is given via the Form 11, which will be mailed at the beginning of October.
How do I file an appeal?
Appeals can be filed in two ways: electronically by either email or fax, or in person by visiting the assessor's office. You can download a copy of the Appeal Filing Form 130 or the Request for a Preliminary Conference by clicking on the link located in the "Site Map" section of this website or on the DLGF website.
Where can I check on the status of a property tax appeal that I have already filed?
Please contact the county assessor's office to set up a time to discuss your outstanding appeal, by clicking here.
How do I find sales information?
Sales information can be obtained at the Department of Local Government Finance's website by clicking here.
I purchased my house at a foreclosure sale. Why isn't it assessed at the price I paid for it?
The assessment process dictates that market value can only be established using arms-length, non-distressed sales; a foreclosure sale does not meet that benchmark, since they are generally conducted under duress. This same standard is set for homes sold between relatives, adjoining property owners, and other non-arm's length transactions.
In Indiana, reassessment is the periodic re-inspection of real property to check for errors, pick up new construction and improvements, and to clean up the county's data. Field workers will visit and inspect every property in the county before March 1, 2012. The next general reassessment is scheduled for the year of 2017.
What is trending?
Trending is the annual process of valuing real property. To conduct trending, the assessor's office compares assessed values to real estate sales data, then adjusts values if necessary - upward or downward - to reflect market conditions for the assessment period. Assessments are then reviewed for statistical measures of accuracy, fairness, and equitability between properties.
What is the purpose of the door hanger left at my home?
During reassessment, our office will send field agents to examine and inspect the exterior of every property and interview the property owner to obtain information about the interior. If no one is available to answer the questions at the time of our inspection, we will leave a door hanger. This information is vital to our efforts, since it provides us with information about the interior features and if any changes have been made to the interior of the home.
What is the timeframe for filing an appeal on my property tax assessment?
As a taxpayer, you have the right to appeal your assessed value within forty-five (45) days of the date the notice is mailed out. In Lake County, notice is given via the Form 11, which will be mailed at the beginning of October.
How do I file an appeal?
Appeals can be filed in two ways: electronically by either email or fax, or in person by visiting the assessor's office. You can download a copy of the Appeal Filing Form 130 or the Request for a Preliminary Conference by clicking on the link located in the "Site Map" section of this website or on the DLGF website.
Where can I check on the status of a property tax appeal that I have already filed?
Please contact the county assessor's office to set up a time to discuss your outstanding appeal, by clicking here.
How do I find sales information?
Sales information can be obtained at the Department of Local Government Finance's website by clicking here.
I purchased my house at a foreclosure sale. Why isn't it assessed at the price I paid for it?
The assessment process dictates that market value can only be established using arms-length, non-distressed sales; a foreclosure sale does not meet that benchmark, since they are generally conducted under duress. This same standard is set for homes sold between relatives, adjoining property owners, and other non-arm's length transactions.