§ 6-1.1-4-13.6 — Determination and review of land values; certification; notice

Indiana § 6-1.1-4-13.6

• Jurisdiction: Indiana
• Art. 1.1: PROPERTY TAXES
• Ch. 4: Procedures for Real Property Assessment

Text

6. (a) The county assessor shall determine
the values of all classes of commercial, industrial, and residential land
(including farm homesites) in the county using guidelines determined
by the department of local government finance. The assessor
determining the values of land shall submit the values and any
supporting document to the county property tax assessment board of
appeals and the department of local government finance by the dates
specified in the county's reassessment plan under section 4.2 of this
chapter.
(b) If the county assessor fails to determine land values under
subsection (a) before the deadlines in the county's reassessment plan
under section 4.2 of this chapter, the county property tax assessment
board of appeals shall determine the values. If the county property tax
assessment board of appeals fails to determine the values before the
land values become effective, the department of local government
finance shall determine the values.
(c) The county assessor shall notify all township assessors in the
county (if any) of the values. Assessing officials shall use the values
determined under this section.
(d) A petition for the review of the land values determined by a
county assessor under this section may be filed with the county auditor
not later than forty-five (45) days after the county assessor makes the
determination of the land values. The petition must set forth the
property owners' objections and be signed by at least the lesser of:
(1) one hundred (100) property owners in the county; or
(2) five percent (5%) of the property owners in the county.
(e) Upon the filing of a petition, the county auditor shall certify a
copy of the petition, together with any other data that is necessary in
order to present the property owners' objections, to the department of
local government finance.
(f) Upon receipt of a petition for review under subsection (d), the
department of local government finance:
(1) shall review the land values determined by the county
assessor; and
(2) after a public hearing, shall:
(A) approve;
(B) modify; or
(C) disapprove;
the land values.
Notice of the hearing shall be given by the department of local
government finance to the assessor and to the first ten (10) petitioners
at least five (5) days before the date of the hearing.

Legislative History

As added by P.L.24-1986, SEC.9. Amended by P.L.74-1987, SEC.2; P.L.41-1993, SEC.5; P.L.6-1997, SEC.15; P.L.90-2002, SEC.37; P.L.146-2008, SEC.68; P.L.136-2009, SEC.3; P.L.113-2010, SEC.16; P.L.112-2012, SEC.10; P.L.236-2023, SEC.16; P.L.230-2025, SEC.20.