Overview of Assessments

Beacon Basic

Beacon™ is an interactive public access tool that allows users to view County and City information, public records and Geographic Information Systems (GIS) via an online portal.

Beacon Basic from Schneider Corporation

History of Property Valuation Changes

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Annual Adjustments

Annual Adjustments or “trending” of property values became part of Indiana’s move to a market-based assessment system that began in 2002.

Trending requires assessors to research sales of properties in a particular area over the previous two years. Using that information, assessors then estimate the values of other properties in the same area to determine an assessed value.

Please see our Fact Sheet for more information on Annual Adjustments.

Ratio Study Approval Information

As part of the Annual Adjustment process, counties are responsible for submitting a ratio study and uniformity for all classes of property in all townships. The ratio study measures the accuracy and equity of assessments. It is determined by the formula: Assessed Value/Sale Price = Ratio. The assessment ratio for all properties in Indiana is to be 100%.

The accuracy of assessments refers to how close the assessments determined by local assessing officials are to market value-in-use.

See County Specific Information for your county’s Ratio Study