Peter Schnitzler – pschnitzler@ibj.com
IBJ staff
The state of Indiana is satisfied with the results of Marion County’s property reassessment.
This morning, the Indiana Department of Local Government Finance approved the new assessment of local residential, commercial and industrial property values via a letter to Marion County Assessor Greg Bowes. IBJ obtained a copy through a public records request.
Gov. Mitch Daniels, a Republican, ordered the reassessment last year at the height of Indiana’s property tax crisis. He said Marion County’s nine township assessors historically have done a poor job gauging the market value of commercial and industrial properties, leading their owners to pay unfairly low property taxes.