Overview of Assessments
Beacon Basic
Beacon Basic from Schneider Corporation
History of Property Valuation Changes
Annual Adjustments
Annual Adjustments or “trending” of property values became part of Indiana’s move to a market-based assessment system that began in 2002.
Trending requires assessors to research sales of properties in a particular area over the previous two years. Using that information, assessors then estimate the values of other properties in the same area to determine an assessed value.
Please see our Fact Sheet for more information on Annual Adjustments.
Ratio Study Approval Information
2011 Real Property Guidelines
The proposed 2011 rule and manual applies to the reassessment process, used by Indiana Assessors, scheduled for the 2012 pay 2013 property tax year. By statute, the Department of Local Government Finance must adopt this new rule change by July 1, 2009, exactly one year before the reassessment commences in July 2010. The new 2011 rule replaces the language used as part of the 2002 reassessment rule and manual. The new 2011 rule applies the appropriate "True Tax Value" definition for assessing property.
2002 Real Property Rule
Proposed 2011 Real Property Rule
- Proposed 2011 Real Property Assessment Guidelines
- Proposed 2011 Real Property Assessment Manual
- Proposed 2011 Real Property Administrative Rule (#08-54)
- Real Property Reassessment Rule Adoption Notice
- Real Property Reassessment Rule Public Notice
- Submitted Comments/Suggestions to 2011 Real Property Rule
- June 9 Public Hearing Presentation -2011 Real Property Rule
Adopted 2011 Real Property Assessment Rule
Adopted 2011 Real Property Assessment Guidelines
- Chapter 1
- Chapter 2
- Chapter 3
- Chapter 4
- Chapter 5
- Chapter 6
- Chapter 7
- Chapter 8
- Chapter 9
- 2011 Appendix A
- 2011 Appendix B
- 2011 Appendix C (updated 1/23/2012)
- 2011 Appendix D
- 2011 Appendix E
- 2011 Appendix F
- 2011 Appendix G (updated 1/23/2012)
- 2011 Glossary (updated 1/23/2012)
For More Information
For more information on the assessed values of property in Indiana, contact your County Assessor. A complete listing of Assessor contact information can be found online at http://www.in.gov/dlgf/2440.htm.
