Indiana Statutes
§ 36-1-15-4 — Adjusted value
Indiana § 36-1-15-4
This text of Indiana § 36-1-15-4 (Adjusted value) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 36-1-15-4 (2026).
Text
The adjusted value of the taxable property in
a political subdivision is equal to the result determined under STEP
TWO of the following formula:
STEP ONE: Determine the value of the taxable property within
the political subdivision for the last assessment for state and
county taxes using one hundred percent (100%) of true tax value.
STEP TWO: Divide the STEP ONE amount by three (3).
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Legislative History
As added by P.L.6-1997, SEC.203.
Nearby Sections
15
§ 36-1-10-1
Application of chapter§ 36-1-10-10
Plans, specifications, and estimates for structures, systems, and
transportation projects§ 36-1-10-11
Property held in fee simple; sale procedure§ 36-1-10-12
Lease in anticipation of acquisition or construction of structure, system,
or transportation project§ 36-1-10-13
Hearing; procedure; execution of lease§ 36-1-10-17
Annual appropriation and tax levy§ 36-1-10-18
Tax exemption of leased structures, systems, and transportation
projects; taxation of rental paid lessor§ 36-1-10-19
Assignment or conveyance of lease; conveyance of structure, system,
or transportation project§ 36-1-10-2
Definitions§ 36-1-10-20
RepealedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 36-1-15-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/36-1-15-4.