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Hendricks County to spend $680,000 for property appraisals and cyclical reassessment
Summary
The Hendricks County commissioners unanimously approved a Nexus LTD contract for $680,000 to perform annual adjustments and a cyclical reassessment for 2027–2030 at the Assessor’s recommendation.
The Hendricks County Board of Commissioners on Feb. 24 approved a $680,000 contract with Nexus LTD to perform prescribed appraisal services, including annual adjustments and a cyclical reassessment covering 2027–2030, after the Assessor recommended the contract.
Assessor Nicki Lawson presented the contract value and recommendation; Commissioners discussed the scope briefly and then approved the contract by unanimous vote, 3-0-0. The minutes record the contract amount as $680,000.00.
The decision authorizes the Assessor’s office to proceed with the contractual arrangements to update valuations and conduct the planned cyclical reassessment. No additional details about contract terms, timeline milestones or funding sources beyond the contract total were provided in the meeting record.
Next steps: administrative staff will finalize and execute the contract and return any required reporting or scheduling information to the commissioners as needed.
