Indiana Tax Review Board Sustains Taxpayers Challenge Against Porter County Assessor’s Valuation

The Indiana Board of Tax Review reduced taxpayer’s property tax assessments for both 2023 and 2024 to $378,700 following their appeal against the Porter County Assessor. Taxpayers challenged assessments of $512,000 for 2023 and $530,600 for 2024 on their 11.094-acre property in Hebron, which included a home, pole barn, and land used for both residential and agricultural purposes including hay farming and beekeeping. The Board determined that while portions of the property were devoted to agricultural use, other areas functioned more as residential land, but neither the Assessor nor the Petitioners presented reliable market-based evidence to establish the true tax ...