The Howard County Assessor's Office is currently conducting reassessments of properties in western Howard County this year. They are currently reassessing properties in Clay Township.
The Office of the Assessor is responsible for accurately and uniformly determining the market value-in-use of all parcels. Assessing officials must follow Indiana Code and the rules established by the Department of Local Government Finance (DLGF).
Indiana properties are valued using mass appraisal techniques. Every year, the Assessor performs a trending analysis of all real parcels. Trending is a way of assessing the value of real estate to account for changes in the marketplace. Assessors research sales of properties in a particular area over the previous 12-month period. Using that information, we calculate a "trending factor" that is applied to all residential parcels in that area to determine their assessed values.
