Property Tax Appeal Board Decision 2005-00728-R-1 Bose

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Based on the facts and exhibits presented, the Property Tax
Appeal Board hereby finds no change 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: $ 58,843
IMPR.: $ 158,378
TOTAL: $ 217,221
Subject only to the State multiplier as applicable.
PTAB/MRT/2/19/08
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Dwayne W. Bose
DOCKET NO.: 05-00728.001-R-1
PARCEL NO.: 15-24-206-038
The parties of record before the Property Tax Appeal Board are
Dwayne W. Bose, the appellant, and the Lake County Board of
Review.
The subject property consists of a 31 year-old, one and one-half-story
style brick and frame dwelling that contains 2,930 square
feet of living area. Features of the home include central air-conditioning,
one fireplace, a 456 square foot garage, two patios
of 638 and 822 square feet, a partial unfinished basement and a
swimming pool.
The appellant submitted evidence to the Property Tax Appeal Board
claiming unequal treatment in the assessment process as the basis
of the appeal. In support of this argument, the appellant
submitted a grid analysis of three comparable properties located
in the subject's subdivision. The comparables were reported to
consist of part one-story and part one and one-half-story style
brick and frame dwellings that are 30 or 32 years old and range
in size from 3,320 to 3,505 square feet of living area. Features
of the comparables include central air-conditioning, one
fireplace, garages that contain 462 or 463 square feet of
building area and partial unfinished basements. These properties
have improvement assessments ranging from $158,531 to $166,234 or
from $46.02 to $47.75 per square foot of living area. The
subject has an improvement assessment of $158,378 or $54.05 per
square foot of living area. Based on this evidence, the
appellant requested the subject's total assessment be reduced to
$193,018 and its improvement assessment be reduced to $134,175 or
$45.79 per square foot of living area.
The board of review submitted its "Board of Review Notes on
Appeal" wherein the subject's total assessment of $217,221 was