PTABOA Hearing

Kosciusko County Property Tax Assessment Board of Appeals (PTABOA) administrative hearing, held October 26, 2026, considered a property-owner appeal of the assessment for a shopping center at 3620 Commerce Drive. The owner disputed the increase from about $911,000 the prior year to roughly $1.2 million for 2026, citing an appraisal valuing the property at $900,000 and arguing that conditions at the center had not improved. The county objected that the appraisal was submitted on the day of the hearing and valued a lease-fee interest rather than the fee-simple interest required for assessment. The county presented comparable sales and an income approach supporting the assessment; the owner challenged the comparables and the county’s vacancy information. A $1 million settlement figure was also discussed but had been declined. The board announced that it would send its decision by Form 115; no final decision or vote is shown in the transcript. No procurement activity was identified.