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Board affirms assessor staff reduction to $319,600 for converted-house office parcel

Marion County Property Tax Assessment Board of Appeals · June 26, 2026
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Summary

An owner argued a converted-house office parcel's 2025 assessment was too high given flooding, poor access and deferred maintenance. Staff reduced the assessment from roughly $592,600 to $319,600 after a field visit; the board affirmed staff's recommendation.

The owner of a converted house used as office space asked the board to lower a 2025 assessment that had jumped substantially in recent years. The owner described limited parking, flooding, deferred maintenance and a rental rate he said supports a lower market value. "We're in the 200 to $2.40 ish range for it to sell right now," the owner said while explaining the condition and limited usable square footage.

Assessor staff reported a field visit, documented interior and exterior damage and presented sales comparables; staff concluded a reduced value of $319,600 and supplied photographs from the inspection. "We're recommending the value of $319,600," staff said. The board affirmed staff's field valuation and approved the reduction on a motion and voice vote.