Indiana Tax Review Board Reduces Taxpayer’s Newton County Property Assessment to Prior Year’s Value

The Indiana Board of Tax Review (BTR) has issued a final decision to reduce the taxpayer’s property assessment in Newton County to the value from the previous year. The taxpayer had appealed the 2024 assessment, which had increased by approximately 11.66 percent compared to the previous year’s assessment. The burden of proof was on the Assessor, who did not provide reliable, market-based evidence to support the property’s value. Meanwhile, the taxpayer also did not present a specific value for their property. Since the evidence presented was insufficient to establish a valuation, the Board decided to uphold the prior year’s assessment ...