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Seller says sale was 75K; county records show later MLS resale for $115K after demolition
Summary
At an Elkhart County appeals hearing a petitioner said they sold a parcel for $75,000 in 2025 and that no improvements were made; county staff presented records showing a later MLS sale for $115,000 after a buyer demolished the structure and listed the lot as vacant land, and noted a 25% obsolescence entry on the assessor card.
A petitioner who sold a parcel in 2025 told the Elkhart County Property Tax Assessment Board of Appeals on April 21 that the property had been purchased in 2022 for $60,000, sold in May 2025 for $75,000, and that there were no improvements while the property was owned by the petitioner.
County staff, however, presented a chain of evidence showing the…
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