Around May 1, 2022, Indiana Farm Bureau members should have received their Notice of Assessment (Form 11) in all but 20 counties. Members have been reaching out to INFB because of substantial increases on their notices.
The Notice of Assessment (Form 11) shows how much the taxable value of your property, both land and structures, has changed between January 1, 2021, to January 1, 2022.
Even if you think
the change is reasonable, you should research your parcels to make sure the
county assessor used accurate data about the characteristics and features of
your property to calculate your assessed value.
Property
record cards detail how your assessments are calculated. They can be found
on the websites of county assessors, but you should still call or visit the
county assessor for an explanation of what has occurred.
To
initiate an appeal of your assessment, you must file a Form 130 Taxpayer's
Notice to Initiate an Appeal (State Form 53958) for each
parcel. If you file a Form 130, the assessor must meet with you
informally to discuss assessment calculations. Factual errors in your
assessment can be changed by the assessor if you both agree. If you don’t
come to an agreement, your appeal will move on to the local Property Tax Assessment
Board of Appeals, where you will need to specify what is wrong with your
assessment supported by evidence. The county assessor will then present
their rationale and evidence.
DO
NOT DELAY OPENING MAIL FROM THE COUNTY ASSESSOR. If Notices of Assessment
in your county were mailed before May 1, you had until June 15, 2022,
to file an appeal with the county assessor questioning the new values of your
parcels. If your county mailed Notices of Assessment after May 1, you have
until June 15, 2023, to file an appeal. The date of mailing is in the
lower right-hand corner of the Notice of Assessment.
