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Based on the facts and exhibits presented, the Property Tax
Appeal Board hereby finds a reduction in the assessment of the
property as established by the Lake County Board of Review is
warranted. The correct assessed valuation of the property is:
LAND: $ 57,608
IMPR.: $ 114,012
TOTAL: $ 171,620
Subject only to the State multiplier as applicable.
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: David Hanus
DOCKET NO.: 05-01417.001-R-1
PARCEL NO.: 16-36-105-004
The parties of record before the Property Tax Appeal Board are
David Hanus, the appellant; and the Lake County Board of Review.
The subject property consists of an irregular pie-shaped parcel
containing 11,015 square feet that is improved with a two-story
frame dwelling built in 1880. The home contains 2,712 square
feet of living area and has features that include central air-conditioning,
one fireplace, a 552 square foot garage and a
partial unfinished basement.
The appellant appeared before the Property Tax Appeal Board
claiming unequal treatment in the assessment process regarding
the subject's land and improvements as the basis of the appeal.
In support of the land inequity contention, the appellant
submitted information on four comparable properties, three of
which are located across the street from the subject. The
comparables range in size from 12,000 to 18,500 square feet of
land area and have land assessments ranging from $62,826 to
$67,766 or from $3.66 to $5.23 per square foot. The subject has
a land assessment of $82,206 or $7.46 per square foot. The
appellant requested the subject's land assessment be reduced to
In support of the subject's improvement assessment, the appellant
submitted a grid analysis with improvement information on the
same four comparables used to support the land inequity argument.
The comparables consist of two-story style dwellings of frame,
brick and frame, or frame and stucco exterior construction that
were built between 1901 and 1987. These properties range in size
from 2,420 to 3,211 square feet of living area and have features
that include central air-conditioning, one or two fireplaces,