Property Tax Appeal Board Decision 2005-01057-R-1 Mowry

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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 Macon County Board of Review is
warranted. The correct assessed valuation of the property is:
LAND: $ 460
IMPR.: $ 5,761
TOTAL: $ 6,221
Subject only to the State multiplier as applicable.
PTAB/eeb/Apr.08/2005-01057
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Holly L. Mowry
DOCKET NO.: 05-01057.001-R-1
PARCEL NO.: 04-12-13-131-006
The parties of record before the Property Tax Appeal Board are
Holly L. Mowry, and the Macon County Board of Review.
The subject property consists of a 96-year old, two-story style
dwelling of frame construction containing 1,239 square feet of
living area with a full, unfinished basement.
The appellant submitted evidence before the Property Tax Appeal
Board claiming unequal treatment in the assessment process as the
basis of the appeal. In support of the equity argument, the
appellant submitted a grid analysis detailing three suggested
comparable properties. The comparables are located from two to
four blocks from the subject. The comparables are two-story
frame dwellings that are between 98 and 100 years old. The
comparables contain from 1,197 to 2,184 square feet of living
area. The comparables have improvement assessments ranging from
$3.54 to $5.26 per square foot of living area. These comparables
have land assessments of $0.23 or $0.25 per square foot of land
area, respectively. The subject property has an improvement
assessment of $7,097 or $5.73 per square foot of living area and
a land assessment of $621 or $0.34 per square foot of land area.
Based on this evidence, the appellant requested a reduction in
the subject's assessment.
The board of review submitted its "Board of Review Notes on
Appeal" wherein the subject's final assessment was disclosed. In
support of the subject's assessment, the board of review offered
a grid analysis, property record cards and real estate transfer
declaration sheets. The grid analysis details three suggested
comparable properties. The comparable properties consist of two-story
frame dwellings that were built in 1924 or 1926. The
dwellings contain from 1,092 to 1,486 square feet of living area
and have improvement assessments ranging from $8.69 to $9.57 per
square foot of living area with land assessments ranging from