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Petitioners challenge Elkhart County’s treatment of industrial mezzanines; county says evidence needed for systemwide change
Summary
Tax representatives told the Elkhart County appeals board that applying a 60-year life table and market factors to industrial mezzanines inflates assessed value; the county said mezzanine types vary and asked for contractor quotes and broader data before changing valuation practice.
At an administrative hearing Feb. 3, petitioner tax counsel (David Shad) urged the Elkhart County Property Tax Assessment Board of Appeals to reconsider how the county values industrial mezzanines. Shad presented analyses and local examples showing that, under the county’s current approach (using a 60‑year life table plus market factors), mezzanines for storage are sometimes being valued at a higher per‑square‑foot rate than entire buildings.
Shad said state guidance supports shorter life tables for some framing types and proposed using a 40‑year…
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