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Culver homeowner challenges 2025 assessment, cites nearby subsidized apartments and neighborhood obsolescence
Summary
John D. Castleman told the Marshall County Property Tax Assessment Board of Appeals on Oct. 30 that his Culver home's assessed value should be reduced to reflect blight and declining marketability caused by two subsidized apartment complexes across his dead-end street.
John D. Castleman told the Marshall County Property Tax Assessment Board of Appeals on Oct. 30 that the assessed value on his Culver home should be reduced to reflect blight and declining marketability caused by two subsidized apartment complexes across his dead-end street.
Castleman said he bought the vacant lot in 2018 for substantially less than the county's assessed value, that he built a house there in 2021, and that the county later applied a roughly 40% land-influence adjustment based on his purchase price. "I bought the lot in 2018 under the assessed value," Castleman said, and he showed photographs he said document ongoing trash, discarded furniture, and a prior interior ceiling collapse at one apartment unit.
The county's…
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