« Ind. Gov't. - Drug penalties on roller coaster ride? | Main | Courts - When will the 7th Circuit join the effort to both preserve, and make readily accessible, internet resources cited in opinions? »

Wednesday, December 30, 2015

Ind. Decisions - Tax Court decides two more today

In Marion County Assessor v. Washington Square Mall, LLC, DeBartolo Realty Partnership, LP, and Simon Capital, LP, a 24-page opinion, Judge Wentworth writes:

The Marion County Assessor has challenged the Indiana Board of Tax Review’s final determination that lowered the assessed value of the Washington Square Mall for each of the 2006 through 2010 assessment years. Upon review, the Court affirms in part and reverses in part. * * *

Conclusion. The Indiana Board is Indiana’s property valuation and assessment expert. Consequently, when the Indiana Board ascertains, as it did here, that parts of an appraisal are not probative, it should not then accept those parts of the appraisal to value the property.

The Indiana Board’s final determination with respect to Issue I is AFFIRMED. With respect to Issue II, however, the Indiana Board’s final determination is REVERSED and REMANDED with instructions to value the Mall in accordance with the probative parts of the Korpacz Appraisal [ILB: which are then quoted].

In Mirko Blesich v. Lake County Assessor [ILB - this is in addition to the earlier ruling today with the same name], an 8-page opinion involving a pro se petitioner, Sr. Judge Fisher writes:
Mirko Blesich challenges the final determination of the Indiana Board of Tax Review that valued his real property at $205,000 for the 2010 tax year. While Blesich raises several issues on appeal, the Court consolidates and restates them as: whether the Indiana Board’s final determination was improper. The Court affirms the Indiana Board.

Posted by Marcia Oddi on December 30, 2015 04:07 PM
Posted to Ind. Tax Ct. Decisions