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Post by greghopper on May 18, 2022 5:54:07 GMT -5
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Post by omegahunter on May 18, 2022 6:11:00 GMT -5
And they are predicting a sizable jump in property taxes due to the housing market going out of control due to building supply costs.
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Post by treetop on May 18, 2022 8:43:31 GMT -5
And they are predicting a sizable jump in property taxes due to the housing market going out of control due to building supply costs. My taxes went up this year the most they ever have almost 800 bucks in one year. The assessor apparently just came and redid it again I just received it in mail looks like it will increase again next year as they raised the value of my home. To me this has got to be one of the most unfair taxes they have So you have a decent home take care of it show pride increase value of homes around you and pay more, or you can rarely mow the yard have a take a part junk yard in the back with a house that should be torn down because you never fix anything and pay less, but you still get every service I get kids go to same school drive the same road no difference at all in any service Idk sure seems like a counter productive tax to me but most taxes seem that way to me anyway |
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Post by Woody Williams on May 18, 2022 8:57:20 GMT -5
We got the $250 direct deposit a few days ago.
My home assessment went up 40%.
I can hardly wait to see my property tax bill
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Post by Deleted on May 18, 2022 9:14:39 GMT -5
We got the $250 direct deposit a few days ago. My home assessment went up 40%. I can hardly wait to see my property tax bill I'm a realtor and I have clients that ask me for property evaluations to fight the tax increase, but so far I haven't been able to overturn one. The market increased so much in the last 2 years that the tax increase is still under real value. |
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Post by omegahunter on May 18, 2022 9:24:32 GMT -5
We got the $250 direct deposit a few days ago. My home assessment went up 40%. I can hardly wait to see my property tax bill I'm a realtor and I have clients that ask me for property evaluations to fight the tax increase, but so far I haven't been able to overturn one. The market increased so much in the last 2 years that the tax increase is still under real value. I believe it. 15 years ago I looked at doing that when we got an appraisal and bought our house, but it was already assessed less than the appraised value. |
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Post by Huntnfreak on May 18, 2022 11:18:57 GMT -5
What happens when the housing market turns to crap here shortly and the real value drops?? I’ll guarantee they don’t drop assessments to match the values!! Once taxes get raised..seldom they drop as fast as they went up.
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Post by stevein on May 18, 2022 11:37:50 GMT -5
My tax rate stays the same, the max allowed by law + the school levy. My property went up $30K though.
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Post by treetop on May 18, 2022 12:27:43 GMT -5
We got the $250 direct deposit a few days ago. My home assessment went up 40%. I can hardly wait to see my property tax bill I'm a realtor and I have clients that ask me for property evaluations to fight the tax increase, but so far I haven't been able to overturn one. The market increased so much in the last 2 years that the tax increase is still under real value. My tax bill has always been undervalued since I’ve owned a home some 40 years ago not sure if that’s everywhere or just Adams county |
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Post by treetop on May 18, 2022 12:30:29 GMT -5
We got the $250 direct deposit a few days ago. My home assessment went up 40%. I can hardly wait to see my property tax bill My bill went up this year and I just got hit again with a new Assessment so they will go up again next year |
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Post by greghopper on May 18, 2022 12:49:35 GMT -5
I believe there is a maximum that it can go up at one time.
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Post by treetop on May 18, 2022 13:21:52 GMT -5
I believe there is a maximum that it can go up at one time. Believe I hit it this year dang near 800 bucks more between the house and ground |
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Post by greghopper on May 18, 2022 13:35:21 GMT -5
We got the $250 direct deposit a few days ago. My home assessment went up 40%. I can hardly wait to see my property tax bill I'm a realtor and I have clients that ask me for property evaluations to fight the tax increase, but so far I haven't been able to overturn one. The market increased so much in the last 2 years that the tax increase is still under real value. I have read on another site where folks appeal the assessment and won. Read here…. www.indianagunowners.com/posts/9151173 |
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Post by esshup on May 18, 2022 15:57:12 GMT -5
I'm a realtor and I have clients that ask me for property evaluations to fight the tax increase, but so far I haven't been able to overturn one. The market increased so much in the last 2 years that the tax increase is still under real value. I have read on another site where folks appeal the assessment and won. Read here…. www.indianagunowners.com/posts/9151173I appealed the jump at this place a few years ago. They re-classified it from farm to residential, I appealed and won but only because I had paperwork to support my claim that it was still a farm. |
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Post by firstwd on May 18, 2022 17:03:38 GMT -5
And they are predicting a sizable jump in property taxes due to the housing market going out of control due to building supply costs. My taxes went up this year the most they ever have almost 800 bucks in one year. The assessor apparently just came and redid it again I just received it in mail looks like it will increase again next year as they raised the value of my home. To me this has got to be one of the most unfair taxes they have So you have a decent home take care of it show pride increase value of homes around you and pay more, or you can rarely mow the yard have a take a part junk yard in the back with a house that should be torn down because you never fix anything and pay less, but you still get every service I get kids go to same school drive the same road no difference at all in any service Idk sure seems like a counter productive tax to me but most taxes seem that way to me anyway Research the excise tax on your vehicle registrations. It's an end around to make up the lost revenue when the legislature capped the property tax rates. |
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Post by beermaker on May 18, 2022 17:40:19 GMT -5
Property taxes are what makes me understand why people live in certain places and also wonder why people live in other places.
Me thinks the poop and the fan blades will collide at a very high rate of speed when folks that have been buying/building at overinflated prices need to sell. I built houses for over 20 years and now do the grading, landscaping, etc. for new construction. I built a particular house in 2017 for (round numbers for conversation sake) $390k. I built the same floor plan in 2021, but on a less-desirable lot and lower-level finishes, for $675k. The houses are maybe 1/2 mile apart in the same neighborhood. When we get back to reality and the family that built for the higher price needs to sell, that's when the trouble will start. They WILL be upside down and unable to make up for the short sale. That's just one quick example.
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Post by Deleted on May 18, 2022 17:47:15 GMT -5
What happens when the housing market turns to crap here shortly and the real value drops?? I’ll guarantee they don’t drop assessments to match the values!! Once taxes get raised..seldom they drop as fast as they went up. For the housing market to drop enough to matter we will need a massive increase in supply, which I don't see happening anytime soon. Low rates made it crazier but the root of the cause is the millennial generation getting into the market. |
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Post by Deleted on May 18, 2022 17:48:54 GMT -5
I'm a realtor and I have clients that ask me for property evaluations to fight the tax increase, but so far I haven't been able to overturn one. The market increased so much in the last 2 years that the tax increase is still under real value. My tax bill has always been undervalued since I’ve owned a home some 40 years ago not sure if that’s everywhere or just Adams county Pretty common statewide, Delaware is the same. |
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Post by Deleted on May 18, 2022 17:49:57 GMT -5
I'm a realtor and I have clients that ask me for property evaluations to fight the tax increase, but so far I haven't been able to overturn one. The market increased so much in the last 2 years that the tax increase is still under real value. I have read on another site where folks appeal the assessment and won. Read here…. www.indianagunowners.com/posts/9151173It's definitely possible for people to get them overturned. It varies by county, the tax boards have a lot of power to decide. |
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Post by 36fan on May 18, 2022 19:17:00 GMT -5
I have appealled before and won. Both on my house and another piece of property we own.
Last year I went with my Mom to a hearing to reduce the property tax/rent on an empty 5 acre field. The county reduced almost to the amount she requested. Hendricks County.
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