Kumpfer's Blog

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Real Estate Appraiser - Commercial Property Tax Advisors
RECENT BLOG POSTS
Hello everyone, We've been feverishly trying to keep up with assessment notices that have been released in Northwest Indiana in recent months, and are still waiting for a few townships to release theirs.In Porter County, all notices have gone out and it appears that the trend has been an overall ...
06/07/2007
The neverending saga continues...  Date posted online: Wednesday, April 04, 2007Panel advances property tax overhaul Huge plan tied to slots at horse tracksBY PATRICK GUINANEpguinane@nwitimes.com317.637.9078 INDIANAPOLIS | A key Senate panel barreled ahead Tuesday with a dramatic makeover of loca...
04/04/2007
I know local business owners are pretty excited about the 2010 2% tax cap circuit breaker, but I've been predicting all along that it will never, can never, become reality.  The fact of the matter is, local government can't afford it.Well, here is one recent article from The Times Newspaper that ...
03/28/2007
I know everybody involved in real estate, or who owns real estate has been anxiously awaiting the new assessment figures for 2006 payable 2007 taxes.  Or at least I hope you know that these numbers will differ from what they were for 2005.  The townships in the region have been working feverishly...
03/07/2007
7 Comments
Bear Down Chicago Bears!!!  It looks like the Bears that lost to Green Bay decided to take todays game a little more seriously.  Its not to say that they didn't make us a little nervous once again, but thanks to Robbie Gould we get to take a crack at New Orleans.  Let's hope that Urlacher and the...
01/14/2007
So you've received a notice of assessment on your house and the notice states that if you feel that you could sell your house for the assessed amount or more the value is fair.  We have gone to a "fair market system" now right?Wrong!Well, not necessarily...fair market value involves multiple appr...
12/16/2006
For those of you (you know who you are) who want to know a little more about the 2% circuit breaker go here:http://www.in.gov/dlgf/news/circuitFS.htmlAnd for the real information nuts out there try this one:http://www.citiesandtowns.org/content/Hometown/CSTFP_CircuitBreaker.pdfThis circuit breake...
12/15/2006
4 Comments
Hello All...My neighbor and I were talking and he asked me about his son's property tax bill on a house in Hammond, Indiana.  I did a little research and found out that his son didn't file for his homestead exemption with the County Auditor's Office.Now I know most of us take advantage of this hu...
12/13/2006
4 Comments
I've had a lot of clients ask me recently what trending is and what it will mean to their bottom line.I like to think of trending as a "mini-reassessment" of real estate values for tax purposes.  The township assessor is directed (by the State) to analyze all the recent sales disclosures within a...
12/11/2006
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Robert Kumpfer

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