Indiana Tax Review Board Reduces Taxpayer’s 2022 Property Assessment for St. Joseph County

The Indiana Board of Tax Review (BTR) has issued a final determination ruling to reduce the 2022 property assessment for the taxpayer’s residential property in St. Joseph County to the level of the 2021 assessment. The case involved the taxpayer’s 19.7-acre residential property in Walkerton, which includes a home, a pole barn, and various soil types, some of which are low-lying and prone to seasonal flooding. The taxpayer argued that the land should be classified as “fallow farmland” and assessed accordingly. However, the Board found no evidence that the property was being used for agricultural purposes as of the assessment ...