Welcome to Engage™, Porter County's citizen engagement portal!

A modern approach to citizen engagement suggests that some citizens appreciate the ability to interact with their local government in a digital environment, such as online access to services to; pay property taxes, research publicly available information, submit documents and forms, etc. That's where Engage™ comes in!

Thank you for visiting our website and for the opportunity to serve you and your needs.

Please contact us anytime - we are here to help!


News


Form 11's have been mailed.

For the assessment January 1, 2026, Form 11's were mailed April 28, 2026 and the filing deadline is June 15, 2026.


Note to Taxpayer

We are here to help answer questions as fast and as efficiently as possible. The County building is open to the public, however, we highly encourage the following means of communication:

Properties located in Portage Township (taxing districts 015, 016, 017) call them directly at 219-759-8221. (The taxing district # is the last 3 numbers of the parcel number. Township name is on the bottom portion of the Form 11.)

For all other properties see the following options:

  • For general questions call main line 219-465-3460.
  • Phone appointments will be available to answer questions about assessments. To schedule an appointment call 219-465-3681.
  • By Email (general and appeal questions): Assessor@portercountyin.gov
If you recently appealed please reference your property by parcel #, address, etc.
  • Other options to communicate: contact us here.
  • Please keep in mind that you can appeal your assessment, not your tax bill.
  • FYI: The Department of Local Government Finance (DLGF) set the Agricultural land rate at $2,120 per acre for 1/1/26 (unchanged from 1/1/25).

If you have recently filed an appeal by the deadline of June 15, 2026 for the assessment date of January 1, 2026 and have not submitted evidence, you may mail or email it directly to our office:

By Mail:
Porter County Assessor
155 Indiana Ave., Suite 211
Valparaiso, IN 46383

By Email:
Assessor@portercountyin.gov
Please reference the parcel number you appealed.

Types of Evidence
  • A 2025 sale of the subject property / Offers to purchase
  • A USPAP Compliant Market Value-in-use Appraisal dated 1/1/2026 prepared by a licensed appraiser (per IC 6-1.1-15-1.1(h))
  • Arms-length sales of comparable properties from January 1, 2025 – December 31, 2025
  • For 1–4 rental units: current lease with rent info, 12 months of bank statements, or 12 months of canceled checks showing monthly rent amount
  • Current dated photos of condition
  • Estimates for repairs

Thank you for your patience. Please know that if you have to leave a message via phone or email, someone from our office will be in touch with you as soon as possible.


Note to Taxpayer

We are here to help answer questions as fast and as efficiently as possible. The County building is open to the public, however, we highly encourage the following means of communication:

Properties located in Portage Township (taxing districts 015, 016, 017) call them directly at 219-759-8221. (The taxing district # is the last 3 numbers of the parcel number. Township name is on the bottom portion of the Form 11.)

For all other properties see the following options:

  • For general questions call main line 219-465-3460.
  • Phone appointments will be available to answer questions about assessments. To schedule an appointment call 219-465-3681.
  • By Email (general and appeal questions): Assessor@portercountyin.gov
If you recently appealed please reference your property by parcel #, address, etc.
  • Other options to communicate: contact us here.
  • Please keep in mind that you can appeal your assessment, not your tax bill.
  • FYI: The Department of Local Government Finance (DLGF) set the Agricultural land rate at $2,120 per acre for 1/1/26 (unchanged from 1/1/25).

If you have recently filed an appeal by the deadline of June 15, 2026 for the assessment date of January 1, 2026 and have not submitted evidence, you may mail or email it directly to our office:

By Mail:
Porter County Assessor
155 Indiana Ave., Suite 211
Valparaiso, IN 46383

By Email:
Assessor@portercountyin.gov
Please reference the parcel number you appealed.

Types of Evidence
  • A 2025 sale of the subject property / Offers to purchase
  • A USPAP Compliant Market Value-in-use Appraisal dated 1/1/2026 prepared by a licensed appraiser (per IC 6-1.1-15-1.1(h))
  • Arms-length sales of comparable properties from January 1, 2025 – December 31, 2025
  • For 1–4 rental units: current lease with rent info, 12 months of bank statements, or 12 months of canceled checks showing monthly rent amount
  • Current dated photos of condition
  • Estimates for repairs

Thank you for your patience. Please know that if you have to leave a message via phone or email, someone from our office will be in touch with you as soon as possible.


News


Form 11's have been mailed.

For the assessment January 1, 2026, Form 11's were mailed April 28, 2026 and the filing deadline is June 15, 2026.

Welcome to Engage™, Porter County's citizen engagement portal!

A modern approach to citizen engagement suggests that some citizens appreciate the ability to interact with their local government in a digital environment, such as online access to services to; pay property taxes, research publicly available information, submit documents and forms, etc. That's where Engage™ comes in!

Thank you for visiting our website and for the opportunity to serve you and your needs.

Please contact us anytime - we are here to help!

Frequently Asked Questions

General Questions
Where do I find my parcel number? +
  • On your Form 11
  • On your property record card
  • On your tax bill
  • From the search bar on this website by entering your address
Where can I look up property record cards? +

Property record cards can be searched, located, and printed online through a parcel search by clicking here.

What is the housing market doing? +

For a current representation of the housing market across the State of Indiana, click here.

For a current representation of the housing market in Porter County, click here.

Who do I contact if I live in Portage? +

Residents of Portage Township should contact the Portage Township Assessor. Contact information is available by clicking here.

Assessment Process
What is reassessment? +
  • A physical inspection of the property is performed to ensure records are correct.
  • Properties in Indiana are reassessed on a four‑year cycle, with one‑fourth of the county reassessed each year. For more information, visit the Department of Local Government Finance (DLGF).
I bought my property on tax sale. Why is my assessment so much higher than what I paid? +

Real property in Indiana is assessed at Market Value in Use. Distress sales such as tax sales, foreclosures, or short sales are typically not representative of market value.

I paid more for my property than the assessed value. Will my taxes go up? +

Assessed values fluctuate with the market. Valid sales provide important indicators of market trends. An arm's‑length sale may affect future assessed values.

Where can I go for more information about the Assessment Process? +

The Indiana Department of Local Government Finance (DLGF) offers extensive information regarding assessment practices and tax policy: DLGF Overview.

What is a Ratio Study and how does it affect my assessed value? +

Ratio studies are conducted to ensure uniformity and equity in a mass appraisal system. For more information, visit the DLGF.

What is meant by Property Tax Caps? +

Please see the first paragraph on the following webpage: Tax Bill 101.

Appeals
How do I file an appeal if I disagree with my assessed value? +
  • A blank Form 130 can be accessed here: Blank Form 130
  • Search your parcel using the search bar. Click your address for property details. Under the Forms tab, you can access a Form 130 populated with your parcel information.
  • Your appeal form may be mailed, brought to the Assessor's Office, or submitted through this website.
What is the timeframe for filing an appeal on my property tax assessment? +

If the Form 11 Notice of Assessment is mailed before May 1, the filing deadline is June 15 of that year.

If the Form 11 is mailed after April 30, the filing deadline is June 15 of the year tax statements are mailed.

Indiana Code reference: IC 6‑1.1‑15‑1.1

How can I check the status of my appeal? +

Contact your County or Township Assessor for the status of active appeals.

Taxes
Why did my taxes go up? +

Assessed values reflect the market and are trended annually. Actual taxes may vary based on local approved tax rates, referendums, or individual circumstances.

Why are my taxes higher than my neighbor's? +
  • Several factors affect taxes once a property is assessed, including deductions, tax caps, and applicable fees.
  • Properties that appear similar may have different interior or exterior features affecting assessed value.
  • For more information, visit the DLGF – Citizen's Guide to Property Tax.
I paid more for my property than the assessed value. Will my taxes go up? +

Assessed values fluctuate with the market. An arm's‑length sale is one factor used to determine market trends and may influence future assessments.

Sales
How do I find sales information? +

Sales information can be obtained here, or through the Department of Local Government Finance website by clicking here.

How do I find out who owns a property or how much it sold for? +
  • Use the search bar to search by address or parcel number.
  • You may also use the map search: Map.
Reassessment
What is a reassessment? +
  • A physical inspection of the property is performed to ensure records are correct.
  • Properties in Indiana are reassessed on a four‑year cycle. For more information, visit the DLGF.
What is the purpose of the door hanger left at my home? +

During reassessment, field agents inspect the exterior of properties and may interview owners for interior information. If no one is available, a door hanger is left. This information helps ensure accurate assessments.

Is the Assessor allowed to trespass on my private property? +

During statewide reassessments, assessors inspect properties to verify features such as size and improvements. This ensures properties are accurately and fairly assessed.

Miscellaneous
Where do I record documents? +

For recording questions, please click here.

Where do I obtain information on Sales Tax Liens? +

State tax lien questions should be directed to the County Clerk's Office: Clerk's Office.

Federal tax lien questions should be directed to the County Recorder's Office: Recorder's Office.

Where do I go to file for probate or estate matters? +

Probate and estate filings should be directed to the County Clerk's Office: click here.

Who do I contact with questions about zoning? +

If you live within a city or town, contact the municipality. If you live outside municipal boundaries, contact the County Plan Commission: Plan Commission.

Frequently Asked Questions

General Questions
Where do I find my parcel number? +
  • On your Form 11
  • On your property record card
  • On your tax bill
  • From the search bar on this website by entering your address
Where can I look up property record cards? +

Property record cards can be searched, located, and printed online through a parcel search by clicking here.

What is the housing market doing? +

For a current representation of the housing market across the State of Indiana, click here.

For a current representation of the housing market in Porter County, click here.

Who do I contact if I live in Portage? +

Residents of Portage Township should contact the Portage Township Assessor. Contact information is available by clicking here.

Assessment Process
What is reassessment? +
  • A physical inspection of the property is performed to ensure records are correct.
  • Properties in Indiana are reassessed on a four‑year cycle, with one‑fourth of the county reassessed each year. For more information, visit the Department of Local Government Finance (DLGF).
I bought my property on tax sale. Why is my assessment so much higher than what I paid? +

Real property in Indiana is assessed at Market Value in Use. Distress sales such as tax sales, foreclosures, or short sales are typically not representative of market value.

I paid more for my property than the assessed value. Will my taxes go up? +

Assessed values fluctuate with the market. Valid sales provide important indicators of market trends. An arm's‑length sale may affect future assessed values.

Where can I go for more information about the Assessment Process? +

The Indiana Department of Local Government Finance (DLGF) offers extensive information regarding assessment practices and tax policy: DLGF Overview.

What is a Ratio Study and how does it affect my assessed value? +

Ratio studies are conducted to ensure uniformity and equity in a mass appraisal system. For more information, visit the DLGF.

What is meant by Property Tax Caps? +

Please see the first paragraph on the following webpage: Tax Bill 101.

Appeals
How do I file an appeal if I disagree with my assessed value? +
  • A blank Form 130 can be accessed here: Blank Form 130
  • Search your parcel using the search bar. Click your address for property details. Under the Forms tab, you can access a Form 130 populated with your parcel information.
  • Your appeal form may be mailed, brought to the Assessor's Office, or submitted through this website.
What is the timeframe for filing an appeal on my property tax assessment? +

If the Form 11 Notice of Assessment is mailed before May 1, the filing deadline is June 15 of that year.

If the Form 11 is mailed after April 30, the filing deadline is June 15 of the year tax statements are mailed.

Indiana Code reference: IC 6‑1.1‑15‑1.1

How can I check the status of my appeal? +

Contact your County or Township Assessor for the status of active appeals.

Taxes
Why did my taxes go up? +

Assessed values reflect the market and are trended annually. Actual taxes may vary based on local approved tax rates, referendums, or individual circumstances.

Why are my taxes higher than my neighbor's? +
  • Several factors affect taxes once a property is assessed, including deductions, tax caps, and applicable fees.
  • Properties that appear similar may have different interior or exterior features affecting assessed value.
  • For more information, visit the DLGF – Citizen's Guide to Property Tax.
I paid more for my property than the assessed value. Will my taxes go up? +

Assessed values fluctuate with the market. An arm's‑length sale is one factor used to determine market trends and may influence future assessments.

Sales
How do I find sales information? +

Sales information can be obtained here, or through the Department of Local Government Finance website by clicking here.

How do I find out who owns a property or how much it sold for? +
  • Use the search bar to search by address or parcel number.
  • You may also use the map search: Map.
Reassessment
What is a reassessment? +
  • A physical inspection of the property is performed to ensure records are correct.
  • Properties in Indiana are reassessed on a four‑year cycle. For more information, visit the DLGF.
What is the purpose of the door hanger left at my home? +

During reassessment, field agents inspect the exterior of properties and may interview owners for interior information. If no one is available, a door hanger is left. This information helps ensure accurate assessments.

Is the Assessor allowed to trespass on my private property? +

During statewide reassessments, assessors inspect properties to verify features such as size and improvements. This ensures properties are accurately and fairly assessed.

Miscellaneous
Where do I record documents? +

For recording questions, please click here.

Where do I obtain information on Sales Tax Liens? +

State tax lien questions should be directed to the County Clerk's Office: Clerk's Office.

Federal tax lien questions should be directed to the County Recorder's Office: Recorder's Office.

Where do I go to file for probate or estate matters? +

Probate and estate filings should be directed to the County Clerk's Office: click here.

Who do I contact with questions about zoning? +

If you live within a city or town, contact the municipality. If you live outside municipal boundaries, contact the County Plan Commission: Plan Commission.

Key Message for Taxpayers

Indiana assessments are based on market value-in-use.

An assessment:

  • It is not the same as a tax bill.
  • Does not automatically mean taxes will increase or decrease by the same percentage.
  • It is determined by using statewide valuation standards.

Property taxes are affected by:

  1. Assessed value
  2. Local tax rates
  3. Local budgets
  4. Tax caps, deductions, credits, and exemptions

Common Reasons Assessments Change

Annual Trending

Annual adjustments or "trending" of property values became part of Indiana's move to a market-based assessment system upon order of the Indiana Supreme Court in 2001. Trending requires assessors to research sales of properties in a particular area over the previous year. Using that information, assessors then estimate the values of other properties in the same area to determine an assessed value. For the 2026 assessments payable in 2027, the assessor examines sales from calendar year 2025.

Assessments may increase or decrease due to:

  • Local sales activity
  • Housing demand
  • Neighborhood market conditions
  • Economic conditions
  • Physical changes to a property

Indiana requires annual adjustments to help keep assessments aligned with changing market conditions. Trending may occur even if:

  • The property was not recently sold.
  • No improvements were made.
  • Ownership has not changed.

Additional Guidance

DLGF Annual Adjustment Fact Sheet

Cyclical Reassessment

During statewide cyclical reassessments, county and township assessors conduct physical inspections of each property to verify the accuracy of property records. This inspection process facilitates the collection of data necessary for valuing the property. The reassessment cycle is now conducted over a four-year period, and approximately 25% of the parcels in each county will be reassessed each year.

Assessments may increase due to, but not limited to:

  • New construction
  • Additions
  • Remodeling
  • Finished basements
  • New garages or pole barns
  • Physical condition improvements

Cost Schedules & Verified Economic Modifier ("VEM") Updates

Assessors generally start their assessments with a Replacement Cost New ("RCN") value. The cost data is provided by Craftsman (Department of Local Government Finance's ("DLGF") vendor) to reflect national market conditions. The DLGF then analyzes the data to reflect the market value-in-use of improvements in Marion County through the VEM that calculates data on the central Indiana market. To further refine the data, a Location Cost Multiplier ("LCM") is established by the DLGF for each of the 92 counties.

The LCM for each county reflects the costs of construction and labor in the county relative to Marion County. Each county assessor has the option to use the published LCM to adjust the final RCN of real property to reflect local market conditions or petition the DLGF to use their own calculation. The LCM is calculated on an annual basis.

  • The RCN value answers the question of: "What would it cost to replace this property with a new version of similar type for its use?"
  • In order to calculate RCN, an assessing official must take the underlying components of a property and calculate the cumulative price of them all.
  • The DLGF periodically updates statewide cost schedules and valuation factors.
    • Cost schedules increased due to significant post-pandemic inflation in labor, materials, transportation, and supply chain costs, resulting in higher replacement costs for residential, agricultural, and commercial structures.
    • Assessing officials throughout the state advocated for the DLGF to update the cost tables/schedules more frequently than the previous four-year cycle. This is due in part to cost tables not accurately reflecting building costs, which frequently resulted in the assessing official applying a high annual adjustment ("trending") factor to bring a property's assessment closer to its market value-in-use.
    • The previous four-year cycle was criticized as too long to wait between updates due to market conditions changing quicker than the updates. This could result in a higher change between cycles, where a two-year cycle more accurately reflects the current RCN.
    • The previous VEM of 70% did not change from 2014 to 2024. The VEM was updated for the January 1, 2025, assessment date to 100% to provide a more graduated increase.
    • New cost tables were released by the DLGF for the January 1, 2026, assessment date for taxes first due in 2027. Construction costs have increased significantly since the last release of cost tables. The trending factor established by local sales data should align the RCN to the market value-in-use.
  • The cost schedules standardize this cost for all assessing officials in the State of Indiana for the most standard components you would find in a property.
  • Assessors have the ability to account for subjective criteria such as the grade and condition of the property. The assessor can adjust the valuation of a property based upon sales of comparable properties or other market information.

Agricultural Assessments

Agricultural land assessments are determined using a statewide statutory formula. The capitalization rate increased from 8% to 9%, reducing the agricultural land base rate to $2,120 per acre. This was changed as a result of SEA 1-2025 for the January 1, 2025, assessment date and was extended to include 2026 assessments with taxes payable in 2027.

  • As a result of SEA 1-2025, the ag land base rate lowered from $2,390 per acre to $2,120.
  • The overall agricultural classification saw a -12.1% reduction in year over year net property tax liability from 2025 to 2026.
  • Agricultural buildings may see an increase due to rapid rises in construction related costs, which in turn increase the cost tables adopted by the DLGF. The same cost tables have also increased the assessed value on other types of buildings, including homes, apartments, and commercial buildings. Unlike other buildings, there is no data with which assessors can "trend" values to market value-in-use, which is the basis for taxable assessed value.
  • Assessors can apply appropriate depreciation values reflecting current use of the buildings (economic depreciation and/or physical depreciation), if applicable. Assessors should ask:
    • Is the value of the building worth less for some reason than what its reproduction cost would be?
    • Is the taxpayer no longer using the structure for its original purpose?
    • Is the structure obsolete for its intended use?
    • How old is the structure?
    • Is the building correctly identified on the property record card?

Additional Guidance

You have the right to review the details of your property record card with your assessor. If you believe your assessment is incorrect, the appeal process is available to you — see the section below for more information.

DLGF Agricultural Land Base Rate Memo

DLGF: Agricultural Land Assessments


Property Tax Assessment Appeal Process

An appeal begins with filing a Form 130 – Taxpayer's Notice to Initiate an Appeal with the local assessing official. The appeal should detail the pertinent facts of why the assessed value is being disputed. A taxpayer may only request a review of the current year's assessed valuation. Following an informal conference with the local assessing official, the assessor will make a recommendation either denying or approving the appeal. If denied, the appeal will be forwarded to the county Property Tax Assessment Board of Appeals ("PTABOA") for review. If the PTABOA denies the appeal, instructions will be provided on appealing the decision to the Indiana Board of Tax Review. After being heard by the Indiana Board of Tax Review, taxpayers may also seek review by the Indiana Tax Court.

A taxpayer can still file an appeal concerning "objective" issues (i.e., factual matters, such as the property record card contains an incorrect description of the property, like a garage that does not exist); however, it is on page 2 of the Form 130.

An objective appeal may include:

  1. The assessment was against the wrong person.
  2. The approval, denial, or omission of a deduction, credit, exemption, abatement, or tax cap.
  3. A clerical, mathematical, or typographical mistake.
  4. The description of the property.
  5. The legality or constitutionality of a property tax or assessment.

Objective claims may be made for up to three years of assessments with the submission of the Form 130. However, taxpayers requesting refunds must also file a Claim for Refund form (Form 17T).

Additional Guidance

DLGF: Appeals Property Tax


Frequently Asked Questions

Contact the Office of the Porter County Assessor. They can answer questions about your specific assessment, provide your property record card, and explain how your value was determined.

  • The capitalization rate was changed from 8% to 9% resulting in a lower agricultural land base rate of $2,120 per acre (previously $2,390 per acre).
  • Increased the Business Personal Property ("BPP") exemption from $80,000 to $2,000,000 for the January 1, 2026, assessment date, and each assessment date thereafter. (SEA 1-2025 & HEA 1427-2025)
  • Exemption from 30% minimum valuation limitation for certain BPP.

Legislation Affecting Assessment Matters (DLGF Memo)

An assessor must accept an appeal filing; however, the appeal may be determined to be defective. Failure to cure the defect identified in the defect notice (Form 138) may result in denial of the appeal petition. The filing of an appeal does not automatically result in a reduction of the assessed value.

Fact Sheet – Assessment Appeals

Contact the Porter County Assessor's Office
📞 (219) 465-3460  |  ✉️ assessor@portercountyin.gov

Source: Assessment Fact Sheet, published by the Association of Indiana Counties (AIC). Content is intended to help Indiana assessing officials explain common assessment changes and answer taxpayer questions regarding the January 1, 2026, assessment date for taxes payable in 2027.

Key Message for Taxpayers

Indiana assessments are based on market value-in-use.

An assessment:

  • It is not the same as a tax bill.
  • Does not automatically mean taxes will increase or decrease by the same percentage.
  • It is determined by using statewide valuation standards.

Property taxes are affected by:

  1. Assessed value
  2. Local tax rates
  3. Local budgets
  4. Tax caps, deductions, credits, and exemptions

Common Reasons Assessments Change

Annual Trending

Annual adjustments or "trending" of property values became part of Indiana's move to a market-based assessment system upon order of the Indiana Supreme Court in 2001. Trending requires assessors to research sales of properties in a particular area over the previous year. Using that information, assessors then estimate the values of other properties in the same area to determine an assessed value. For the 2026 assessments payable in 2027, the assessor examines sales from calendar year 2025.

Assessments may increase or decrease due to:

  • Local sales activity
  • Housing demand
  • Neighborhood market conditions
  • Economic conditions
  • Physical changes to a property

Indiana requires annual adjustments to help keep assessments aligned with changing market conditions. Trending may occur even if:

  • The property was not recently sold.
  • No improvements were made.
  • Ownership has not changed.

Additional Guidance

DLGF Annual Adjustment Fact Sheet

Cyclical Reassessment

During statewide cyclical reassessments, county and township assessors conduct physical inspections of each property to verify the accuracy of property records. This inspection process facilitates the collection of data necessary for valuing the property. The reassessment cycle is now conducted over a four-year period, and approximately 25% of the parcels in each county will be reassessed each year.

Assessments may increase due to, but not limited to:

  • New construction
  • Additions
  • Remodeling
  • Finished basements
  • New garages or pole barns
  • Physical condition improvements

Cost Schedules & Verified Economic Modifier ("VEM") Updates

Assessors generally start their assessments with a Replacement Cost New ("RCN") value. The cost data is provided by Craftsman (Department of Local Government Finance's ("DLGF") vendor) to reflect national market conditions. The DLGF then analyzes the data to reflect the market value-in-use of improvements in Marion County through the VEM that calculates data on the central Indiana market. To further refine the data, a Location Cost Multiplier ("LCM") is established by the DLGF for each of the 92 counties.

The LCM for each county reflects the costs of construction and labor in the county relative to Marion County. Each county assessor has the option to use the published LCM to adjust the final RCN of real property to reflect local market conditions or petition the DLGF to use their own calculation. The LCM is calculated on an annual basis.

  • The RCN value answers the question of: "What would it cost to replace this property with a new version of similar type for its use?"
  • In order to calculate RCN, an assessing official must take the underlying components of a property and calculate the cumulative price of them all.
  • The DLGF periodically updates statewide cost schedules and valuation factors.
    • Cost schedules increased due to significant post-pandemic inflation in labor, materials, transportation, and supply chain costs, resulting in higher replacement costs for residential, agricultural, and commercial structures.
    • Assessing officials throughout the state advocated for the DLGF to update the cost tables/schedules more frequently than the previous four-year cycle. This is due in part to cost tables not accurately reflecting building costs, which frequently resulted in the assessing official applying a high annual adjustment ("trending") factor to bring a property's assessment closer to its market value-in-use.
    • The previous four-year cycle was criticized as too long to wait between updates due to market conditions changing quicker than the updates. This could result in a higher change between cycles, where a two-year cycle more accurately reflects the current RCN.
    • The previous VEM of 70% did not change from 2014 to 2024. The VEM was updated for the January 1, 2025, assessment date to 100% to provide a more graduated increase.
    • New cost tables were released by the DLGF for the January 1, 2026, assessment date for taxes first due in 2027. Construction costs have increased significantly since the last release of cost tables. The trending factor established by local sales data should align the RCN to the market value-in-use.
  • The cost schedules standardize this cost for all assessing officials in the State of Indiana for the most standard components you would find in a property.
  • Assessors have the ability to account for subjective criteria such as the grade and condition of the property. The assessor can adjust the valuation of a property based upon sales of comparable properties or other market information.

Agricultural Assessments

Agricultural land assessments are determined using a statewide statutory formula. The capitalization rate increased from 8% to 9%, reducing the agricultural land base rate to $2,120 per acre. This was changed as a result of SEA 1-2025 for the January 1, 2025, assessment date and was extended to include 2026 assessments with taxes payable in 2027.

  • As a result of SEA 1-2025, the ag land base rate lowered from $2,390 per acre to $2,120.
  • The overall agricultural classification saw a -12.1% reduction in year over year net property tax liability from 2025 to 2026.
  • Agricultural buildings may see an increase due to rapid rises in construction related costs, which in turn increase the cost tables adopted by the DLGF. The same cost tables have also increased the assessed value on other types of buildings, including homes, apartments, and commercial buildings. Unlike other buildings, there is no data with which assessors can "trend" values to market value-in-use, which is the basis for taxable assessed value.
  • Assessors can apply appropriate depreciation values reflecting current use of the buildings (economic depreciation and/or physical depreciation), if applicable. Assessors should ask:
    • Is the value of the building worth less for some reason than what its reproduction cost would be?
    • Is the taxpayer no longer using the structure for its original purpose?
    • Is the structure obsolete for its intended use?
    • How old is the structure?
    • Is the building correctly identified on the property record card?

Additional Guidance

You have the right to review the details of your property record card with your assessor. If you believe your assessment is incorrect, the appeal process is available to you — see the section below for more information.

DLGF Agricultural Land Base Rate Memo

DLGF: Agricultural Land Assessments


Property Tax Assessment Appeal Process

An appeal begins with filing a Form 130 – Taxpayer's Notice to Initiate an Appeal with the local assessing official. The appeal should detail the pertinent facts of why the assessed value is being disputed. A taxpayer may only request a review of the current year's assessed valuation. Following an informal conference with the local assessing official, the assessor will make a recommendation either denying or approving the appeal. If denied, the appeal will be forwarded to the county Property Tax Assessment Board of Appeals ("PTABOA") for review. If the PTABOA denies the appeal, instructions will be provided on appealing the decision to the Indiana Board of Tax Review. After being heard by the Indiana Board of Tax Review, taxpayers may also seek review by the Indiana Tax Court.

A taxpayer can still file an appeal concerning "objective" issues (i.e., factual matters, such as the property record card contains an incorrect description of the property, like a garage that does not exist); however, it is on page 2 of the Form 130.

An objective appeal may include:

  1. The assessment was against the wrong person.
  2. The approval, denial, or omission of a deduction, credit, exemption, abatement, or tax cap.
  3. A clerical, mathematical, or typographical mistake.
  4. The description of the property.
  5. The legality or constitutionality of a property tax or assessment.

Objective claims may be made for up to three years of assessments with the submission of the Form 130. However, taxpayers requesting refunds must also file a Claim for Refund form (Form 17T).

Additional Guidance

DLGF: Appeals Property Tax


Frequently Asked Questions

Contact the Office of the Porter County Assessor. They can answer questions about your specific assessment, provide your property record card, and explain how your value was determined.

  • The capitalization rate was changed from 8% to 9% resulting in a lower agricultural land base rate of $2,120 per acre (previously $2,390 per acre).
  • Increased the Business Personal Property ("BPP") exemption from $80,000 to $2,000,000 for the January 1, 2026, assessment date, and each assessment date thereafter. (SEA 1-2025 & HEA 1427-2025)
  • Exemption from 30% minimum valuation limitation for certain BPP.

Legislation Affecting Assessment Matters (DLGF Memo)

An assessor must accept an appeal filing; however, the appeal may be determined to be defective. Failure to cure the defect identified in the defect notice (Form 138) may result in denial of the appeal petition. The filing of an appeal does not automatically result in a reduction of the assessed value.

Fact Sheet – Assessment Appeals

Contact the Porter County Assessor's Office
📞 (219) 465-3460  |  ✉️ assessor@portercountyin.gov

Source: Assessment Fact Sheet, published by the Association of Indiana Counties (AIC). Content is intended to help Indiana assessing officials explain common assessment changes and answer taxpayer questions regarding the January 1, 2026, assessment date for taxes payable in 2027.

I WANT TO...

The Assessor's office works alongside several other county offices to serve property owners. The links below will direct you to the appropriate office for common tasks related to your property.

Change a Mailing Address

Auditor's Office

Pay my Taxes

Treasurer's Office

Get a Copy of my Survey

Surveyor's Office

Get a Copy of my Deed

Recorder's Office

I WANT TO...

The Assessor's office works alongside several other county offices to serve property owners. The links below will direct you to the appropriate office for common tasks related to your property.

Change a Mailing Address

Auditor's Office

Pay my Taxes

Treasurer's Office

Get a Copy of my Survey

Surveyor's Office

Get a Copy of my Deed

Recorder's Office

Appeals

*NEW LEGISLATIVE CHANGES AFFECTING THE APPEALS PROCESS*

IC 6-1.1-15-1.1
As a result of legislative changes that were passed in 2017, significant changes have been made to the appeal process. Taxpayers wishing to contest their assessment must now do so on the State prescribed form, Form 130. Form 133, which was previously used to contest assessments on objective grounds, has been eliminated. Taxpayers wishing to contest their assessment on objective grounds (for example, a garage that has been removed or too much square footage) should now do so using page 2 of Form 130. For further information, please visit the DLGF's website at http://www.in.gov/dlgf/ or contact our office directly.

For the assessment January 1, 2026, Form 11's were mailed on April 28, 2026 and the filing deadline is June 15, 2026.

Appeals

*NEW LEGISLATIVE CHANGES AFFECTING THE APPEALS PROCESS*

IC 6-1.1-15-1.1
As a result of legislative changes that were passed in 2017, significant changes have been made to the appeal process. Taxpayers wishing to contest their assessment must now do so on the State prescribed form, Form 130. Form 133, which was previously used to contest assessments on objective grounds, has been eliminated. Taxpayers wishing to contest their assessment on objective grounds (for example, a garage that has been removed or too much square footage) should now do so using page 2 of Form 130. For further information, please visit the DLGF's website at http://www.in.gov/dlgf/ or contact our office directly.

For the assessment January 1, 2026, Form 11's were mailed on April 28, 2026 and the filing deadline is June 15, 2026.

Cyclical Reassessment

During statewide reassessments, county and township assessors physically inspect each property to ensure that records are correct. Approximately 25% of the parcels in each jurisdiction will be reassessed each year, over a four-year time frame.

During a field inspection, personnel will attempt to make contact with the taxpayer to identify his/herself and explain their purpose for the visit. They will ask several questions to verify information about the interior of the property and request permission to inspect the exterior. If no one is home, personnel will proceed with their work, which includes an inspection of the front and rear of the property. When the inspection is complete, a door hanger will be left to inform the taxpayer that we were there. Photographs will also be taken during all inspections.

Each reassessment field inspector wears an ID badge and an identifying t-shirt or vest. If a taxpayer is uncertain about the identity of a representative, please contact the Porter County Assessor's Office for verification.

Cyclical Reassessment

During statewide reassessments, county and township assessors physically inspect each property to ensure that records are correct. Approximately 25% of the parcels in each jurisdiction will be reassessed each year, over a four-year time frame.

During a field inspection, personnel will attempt to make contact with the taxpayer to identify his/herself and explain their purpose for the visit. They will ask several questions to verify information about the interior of the property and request permission to inspect the exterior. If no one is home, personnel will proceed with their work, which includes an inspection of the front and rear of the property. When the inspection is complete, a door hanger will be left to inform the taxpayer that we were there. Photographs will also be taken during all inspections.

Each reassessment field inspector wears an ID badge and an identifying t-shirt or vest. If a taxpayer is uncertain about the identity of a representative, please contact the Porter County Assessor's Office for verification.

Tax Bill Estimator

The Department of Local Government Finance (DLGF), in partnership with the Indiana Business Research Center (IBRC) at Indiana University, created the below tax bill projection tools for Indiana taxpayers. These tools will allow the taxpayer to enter their property's assessed value and possible deductions to see a range of tax bill estimates.

Tax Calculator

Estimate your property tax bill using your assessed value and deductions.

The estimates provided by these tools are projections only and should not be taken as a statement of true tax liability.

For a list of Taxing Districts (Number/Name) by Township, please see this listing made available by the DLGF.

Tax Bill Estimator

The Department of Local Government Finance (DLGF), in partnership with the Indiana Business Research Center (IBRC) at Indiana University, created the below tax bill projection tools for Indiana taxpayers. These tools will allow the taxpayer to enter their property's assessed value and possible deductions to see a range of tax bill estimates.

Tax Calculator

Estimate your property tax bill using your assessed value and deductions.

The estimates provided by these tools are projections only and should not be taken as a statement of true tax liability.

For a list of Taxing Districts (Number/Name) by Township, please see this listing made available by the DLGF.

Forms

Please take note of the instructions regarding the forms below:

  • Blank forms may be downloaded.
  • Fillable PDFs will not save as populated under the "save" option. Once filled, they may be printed to a PDF under the "print" option.
  • Fillable forms are to be printed, signed, and submitted to the Assessor's office.

Forms

Please take note of the instructions regarding the forms below:

  • Blank forms may be downloaded.
  • Fillable PDFs will not save as populated under the "save" option. Once filled, they may be printed to a PDF under the "print" option.
  • Fillable forms are to be printed, signed, and submitted to the Assessor's office.

Housing Market Activity

Sales

Property values increase due to real estate market trends. Values fluctuate even without any changes or improvements to property.

Changes to the property may include, but are not limited to: additions, pools, decks, sheds, pole barns, or anything more than 25 sq ft.

Trends in the Market
Year Median Selling Price
2025 $315,000
2024 $305,400
2023 $295,000
2022 $287,500
2021 $250,000
2020 $236,000

Reasons why trends are higher: Long-term housing shortage; buyers continue purchasing homes at or above current assessed values.

For a current representation of the housing market, click here.

Housing Market Activity

Sales

Property values increase due to real estate market trends. Values fluctuate even without any changes or improvements to property.

Changes to the property may include, but are not limited to: additions, pools, decks, sheds, pole barns, or anything more than 25 sq ft.

Trends in the Market
Year Median Selling Price
2025 $315,000
2024 $305,400
2023 $295,000
2022 $287,500
2021 $250,000
2020 $236,000

Reasons why trends are higher: Long-term housing shortage; buyers continue purchasing homes at or above current assessed values.

For a current representation of the housing market, click here.

Inheritance

Inheritance tax in the State of Indiana was repealed for individuals who died after Dec. 31, 2012. No inheritance tax returns have to be prepared or filed. No tax has to be paid. In addition, no Consents to Transfer personal property or Notice of Intended Transfer of Checking Account are required for those dying after Dec. 31, 2012. However, for individuals who died before January 1, 2013, inheritance tax returns are still required for those that exceed their exemption amount.

Effective April 1, 2016, all resident Indiana Inheritance Tax Returns (Form IH-6) for individuals who died prior to January 1, 2013 must be filed with the Indiana Department of Revenue, rather than the county courts.

For more information regarding the repeal of inheritance tax, view the letter the Indiana Department of Revenue issued here: inheritance.pdf.

Take the completed Small Estate Forms to the entity holding the deceased person's items. You should contact the entity to make sure there are no additional procedures to follow in collecting the deceased person's items.

Small Estate Affidavit

Required form for transferring a deceased person's personal property.

Inheritance

Inheritance tax in the State of Indiana was repealed for individuals who died after Dec. 31, 2012. No inheritance tax returns have to be prepared or filed. No tax has to be paid. In addition, no Consents to Transfer personal property or Notice of Intended Transfer of Checking Account are required for those dying after Dec. 31, 2012. However, for individuals who died before January 1, 2013, inheritance tax returns are still required for those that exceed their exemption amount.

Effective April 1, 2016, all resident Indiana Inheritance Tax Returns (Form IH-6) for individuals who died prior to January 1, 2013 must be filed with the Indiana Department of Revenue, rather than the county courts.

For more information regarding the repeal of inheritance tax, view the letter the Indiana Department of Revenue issued here: inheritance.pdf.

Take the completed Small Estate Forms to the entity holding the deceased person's items. You should contact the entity to make sure there are no additional procedures to follow in collecting the deceased person's items.

Small Estate Affidavit

Required form for transferring a deceased person's personal property.

Mobile Home

The true tax value of mobile homes is assessed under IC 6-1.1-7 (other than mobile homes subject to the preferred valuation method under IC 6-1.1-439(b)) using J.D. Power Connect.

50 IAC 3.3-2-2
"Annually assessed mobile home" defined Sec. 2 — "Annually assessed mobile home" means a mobile home that: (1) has a certificate of title issued by the bureau of motor vehicles under IC 9-17-6; and (2) is not on a permanent foundation.

IC 9-17-1-0.5
Items requiring a title under IC 9-17 Sec. 0.5. The following are required to be titled under this article: (3) Manufactured or mobile homes that are: (A) personal property not held for resale; or (B) not attached to real estate by a permanent foundation.

50 IAC 3.3-2-3 — "Mobile Home" means a "dwelling" as defined in IC 9-13-2-103.2.

A "manufactured home" as defined in IC 9-13-2-96.

If you have any questions regarding Transferring/Moving permits, see the guidance offered by the Office of the Porter County Treasurer.

  • For questions or information regarding mobile home titles, please contact the Bureau of Motor Vehicles.
  • If the name(s) on the title appears to be incorrect, please contact your mobile home park office.

Mobile Home

The true tax value of mobile homes is assessed under IC 6-1.1-7 (other than mobile homes subject to the preferred valuation method under IC 6-1.1-439(b)) using J.D. Power Connect.

50 IAC 3.3-2-2
"Annually assessed mobile home" defined Sec. 2 — "Annually assessed mobile home" means a mobile home that: (1) has a certificate of title issued by the bureau of motor vehicles under IC 9-17-6; and (2) is not on a permanent foundation.

IC 9-17-1-0.5
Items requiring a title under IC 9-17 Sec. 0.5. The following are required to be titled under this article: (3) Manufactured or mobile homes that are: (A) personal property not held for resale; or (B) not attached to real estate by a permanent foundation.

50 IAC 3.3-2-3 — "Mobile Home" means a "dwelling" as defined in IC 9-13-2-103.2.

A "manufactured home" as defined in IC 9-13-2-96.

If you have any questions regarding Transferring/Moving permits, see the guidance offered by the Office of the Porter County Treasurer.

  • For questions or information regarding mobile home titles, please contact the Bureau of Motor Vehicles.
  • If the name(s) on the title appears to be incorrect, please contact your mobile home park office.

Online Door Hanger

For Pre-populated Form
  1. From the Home page, enter your provided parcel number or address.
  2. Select your property from the parcel list.
  3. Once the Parcel Detail panel opens, select the Forms tab.
  4. To complete the form, click the Online Door Hanger link.
  5. Fill out the form, in its entirety, and then click submit.*
For Blank Form
  1. From the Home page, click the Resources button at the top of the page.
  2. Click Forms, on the left side column.
  3. To complete the form, click the Online Door Hanger link.
  4. Fill out the form, in its entirety, and then click submit.*

* Please note, if you have provided an email address during submission, an automated confirmation will be sent to the provided email for your records.

Online Door Hanger

For Pre-populated Form
  1. From the Home page, enter your provided parcel number or address.
  2. Select your property from the parcel list.
  3. Once the Parcel Detail panel opens, select the Forms tab.
  4. To complete the form, click the Online Door Hanger link.
  5. Fill out the form, in its entirety, and then click submit.*
For Blank Form
  1. From the Home page, click the Resources button at the top of the page.
  2. Click Forms, on the left side column.
  3. To complete the form, click the Online Door Hanger link.
  4. Fill out the form, in its entirety, and then click submit.*

* Please note, if you have provided an email address during submission, an automated confirmation will be sent to the provided email for your records.

Personal Property

Personal Property is a self-assessed valuation system whereby property owners are responsible for reporting all tangible personal property that is used in their trade or business, used for the production of income, or held as an investment that should be or is subject to depreciation for federal income tax purposes. Completed personal property returns must be received on or before Friday, May 15, 2026. Returns can be mailed to: Porter County Assessor, 155 Indiana Ave., Suite 302, Valparaiso, IN 46383 and must be postmarked on or before May 15, 2026.

Pre-stamped and dated postmarks without an official USPS postmark stamp will be deemed late if received after the deadline of May 15, 2026. Appropriate fees and penalties will be applied.
A penalty of twenty-five dollars ($25) applies for returns filed after May 15, 2026. For returns not filed within thirty (30) days of the due date, an additional fee of twenty percent (20%) of the taxes payable will be assessed.

Personal Property Exemption

Personal Property exemption eligibility/notification SEA 233-2019

SEA1 and HEA1427 were passed amending IC 6-1.1-3-7.2 to allow an exemption from the tax for business owners filing under $2,000,000 in acquisition costs. Beginning with the January 1, 2026 assessment date, once a taxpayer files a completed return requesting the exemption, they will no longer be required to file a personal property tax return, unless or until the taxpayer no longer qualifies for the exemption. (IC 6-1.1-3-7.2(f) SEA1 and HEA1427)

Business owners shall report assets in the correct taxing unit where the property has tax situs.* The return must include a NAICS code which appears on the federal return. Individuals using Social Security numbers as Federal Identification numbers are only required to use the last four digits. Failure to file a return on or before the due date without a declared value or signature, not in the correct taxing unit, or without a NAICS code, will result in a penalty of $25.00 per Indiana Code 6-1.1-37-7.

* Pre-stamped and dated postmarks without an official USPS postmark will be deemed late if received after the deadline of May 15, 2026. Appropriate fees and penalties will be applied.

The other change due to these bills provides that the 30% minimum valuation limitation does not apply to new business personal property placed in service after January 1, 2025. (For more information, see Legislation Affecting Deductions, Exemptions, and Credits)

To look up your taxing district go to https://budgetnotices.in.gov/

NAICS codes look up go to https://www.census.gov/naics/

Personal Property Online Portal – Indiana (PPOP-IN)

Please note taxpayers or their agents will no longer be able to access PPOP-IN for filing new or amended returns starting January 1, 2026. PPOP-IN will be available for historical purposes only.

Please contact our office at (219) 465-3529 if you have any further questions.

Completed personal property forms can be mailed or hand-delivered to:

Porter County Assessor
155 Indiana Ave., Suite 302
Valparaiso, IN 46383

Forms

Personal Property

Personal Property is a self-assessed valuation system whereby property owners are responsible for reporting all tangible personal property that is used in their trade or business, used for the production of income, or held as an investment that should be or is subject to depreciation for federal income tax purposes. Completed personal property returns must be received on or before Friday, May 15, 2026. Returns can be mailed to: Porter County Assessor, 155 Indiana Ave., Suite 302, Valparaiso, IN 46383 and must be postmarked on or before May 15, 2026.

Pre-stamped and dated postmarks without an official USPS postmark stamp will be deemed late if received after the deadline of May 15, 2026. Appropriate fees and penalties will be applied.
A penalty of twenty-five dollars ($25) applies for returns filed after May 15, 2026. For returns not filed within thirty (30) days of the due date, an additional fee of twenty percent (20%) of the taxes payable will be assessed.

Personal Property Exemption

Personal Property exemption eligibility/notification SEA 233-2019

SEA1 and HEA1427 were passed amending IC 6-1.1-3-7.2 to allow an exemption from the tax for business owners filing under $2,000,000 in acquisition costs. Beginning with the January 1, 2026 assessment date, once a taxpayer files a completed return requesting the exemption, they will no longer be required to file a personal property tax return, unless or until the taxpayer no longer qualifies for the exemption. (IC 6-1.1-3-7.2(f) SEA1 and HEA1427)

Business owners shall report assets in the correct taxing unit where the property has tax situs.* The return must include a NAICS code which appears on the federal return. Individuals using Social Security numbers as Federal Identification numbers are only required to use the last four digits. Failure to file a return on or before the due date without a declared value or signature, not in the correct taxing unit, or without a NAICS code, will result in a penalty of $25.00 per Indiana Code 6-1.1-37-7.

* Pre-stamped and dated postmarks without an official USPS postmark will be deemed late if received after the deadline of May 15, 2026. Appropriate fees and penalties will be applied.

The other change due to these bills provides that the 30% minimum valuation limitation does not apply to new business personal property placed in service after January 1, 2025. (For more information, see Legislation Affecting Deductions, Exemptions, and Credits)

To look up your taxing district go to https://budgetnotices.in.gov/

NAICS codes look up go to https://www.census.gov/naics/

Personal Property Online Portal – Indiana (PPOP-IN)

Please note taxpayers or their agents will no longer be able to access PPOP-IN for filing new or amended returns starting January 1, 2026. PPOP-IN will be available for historical purposes only.

Please contact our office at (219) 465-3529 if you have any further questions.

Completed personal property forms can be mailed or hand-delivered to:

Porter County Assessor
155 Indiana Ave., Suite 302
Valparaiso, IN 46383

Forms

Property Tax Assessment Board of Appeals

Porter County has a 3 voting-member Board. The County Assessor serves as secretary and a non-voting member.

Board Member Role Appointed By Term
David Ondrovich President County Council 1/1/2026 – 12/31/2026
Linda Zyla Vice President County Commissioner 1/1/2026 – 12/31/2026
Nancy Kolasa Member County Commissioner 1/1/2026 – 12/31/2026
Sue Neff Secretary (Non-voting)
Bob Schwerd Attorney
2026 Meeting Dates

Meetings are held in the Porter County Administration Building Room 205, Commissioners Chambers, and begin at 8:30 AM. Time and location are subject to change.

PTABOA Meeting Dates

2026 PTABOA meeting schedule.

Property Tax Assessment Board of Appeals

Porter County has a 3 voting-member Board. The County Assessor serves as secretary and a non-voting member.

Board Member Role Appointed By Term
David Ondrovich President County Council 1/1/2026 – 12/31/2026
Linda Zyla Vice President County Commissioner 1/1/2026 – 12/31/2026
Nancy Kolasa Member County Commissioner 1/1/2026 – 12/31/2026
Sue Neff Secretary (Non-voting)
Bob Schwerd Attorney
2026 Meeting Dates

Meetings are held in the Porter County Administration Building Room 205, Commissioners Chambers, and begin at 8:30 AM. Time and location are subject to change.

PTABOA Meeting Dates

2026 PTABOA meeting schedule.

Tax Exemptions

The owner of the property who wishes to obtain an exemption must file State Form 9284 / Form 136 with the County Assessor. The owner must provide all information requested on the application and accompanying information sheet. There is no filing fee.

This application/form must be filed on or before April 1 of the assessment year and must be re-filed every even year unless the exempt property is owned, occupied, and used for educational, literary, scientific, religious, or charitable purposes and continues to meet the requirements of IC 6-1.1-10-16 or IC 6-1.1-10-21, or is owned by a fraternity or sorority and continues to meet the requirements of IC 6-1.1-10-24. An application should be filed in any year in which an appeal to the Indiana Board of Tax Review or to a court for an exemption determination on the property is pending from any preceding year.

Tax Exemptions

The owner of the property who wishes to obtain an exemption must file State Form 9284 / Form 136 with the County Assessor. The owner must provide all information requested on the application and accompanying information sheet. There is no filing fee.

This application/form must be filed on or before April 1 of the assessment year and must be re-filed every even year unless the exempt property is owned, occupied, and used for educational, literary, scientific, religious, or charitable purposes and continues to meet the requirements of IC 6-1.1-10-16 or IC 6-1.1-10-21, or is owned by a fraternity or sorority and continues to meet the requirements of IC 6-1.1-10-24. An application should be filed in any year in which an appeal to the Indiana Board of Tax Review or to a court for an exemption determination on the property is pending from any preceding year.

Valuation of Rental Properties: Income Approach

The Income Approach is a method used to assess the value of income-producing properties, such as rental properties. Unlike the Cost Approach, which considers the cost to build the property, the Income Approach focuses on the income generated by the property to determine its value.

For rental properties with four or fewer units, the Gross Rent Multiplier (GRM) is used as part of the valuation process. The GRM is calculated by dividing the sale price of the property by the rental income it generates. To determine the property's assessed value, the total rent collected is multiplied by the corresponding GRM.

As stated in Indiana Code 6-1.1-4-39: "If a taxpayer wishes to have the income capitalization method or the gross rent multiplier method used in the initial formulation of the assessment of the taxpayer's property, the taxpayer must submit the necessary information to the assessor not later than the assessment date." Specifically:

  • For rental properties with four or fewer units, the taxpayer is required to submit a copy of the lease agreement for each unit by December 31, annually.
  • For rental properties with five or more units, a copy of the Schedule E (from the taxpayer's federal income tax return) must be submitted to the Assessor's office by December 31, annually.
  • As stated in Indiana Code 6-1.1-35-9: "All information that is related to earnings, income, profits, losses, or expenditures is confidential" and will not be disclosed.

If the Assessor's office does not receive the rental property information before the assessment date, the taxpayer has the right to file an appeal for the current year's assessment. During the appeal process, rental information may be provided as evidence to support the case.

Important Note: If the required rental information is not submitted and no appeal is filed, the Assessor's office will be unable to assist with adjustments to the current year's assessed value.

Valuation of Rental Properties: Income Approach

The Income Approach is a method used to assess the value of income-producing properties, such as rental properties. Unlike the Cost Approach, which considers the cost to build the property, the Income Approach focuses on the income generated by the property to determine its value.

For rental properties with four or fewer units, the Gross Rent Multiplier (GRM) is used as part of the valuation process. The GRM is calculated by dividing the sale price of the property by the rental income it generates. To determine the property's assessed value, the total rent collected is multiplied by the corresponding GRM.

As stated in Indiana Code 6-1.1-4-39: "If a taxpayer wishes to have the income capitalization method or the gross rent multiplier method used in the initial formulation of the assessment of the taxpayer's property, the taxpayer must submit the necessary information to the assessor not later than the assessment date." Specifically:

  • For rental properties with four or fewer units, the taxpayer is required to submit a copy of the lease agreement for each unit by December 31, annually.
  • For rental properties with five or more units, a copy of the Schedule E (from the taxpayer's federal income tax return) must be submitted to the Assessor's office by December 31, annually.
  • As stated in Indiana Code 6-1.1-35-9: "All information that is related to earnings, income, profits, losses, or expenditures is confidential" and will not be disclosed.

If the Assessor's office does not receive the rental property information before the assessment date, the taxpayer has the right to file an appeal for the current year's assessment. During the appeal process, rental information may be provided as evidence to support the case.

Important Note: If the required rental information is not submitted and no appeal is filed, the Assessor's office will be unable to assist with adjustments to the current year's assessed value.