Area Residents Receiving 2025 Property Tax Assessment Notices

Homeowners across Fayette County and other surrounding areas should be checking their mailboxes in the coming days as 2025 property tax assessment notices (Form 11) are being delivered. These annual statements from the county assessor’s office detail the estimated market value-in-use of residential properties as of January 1st.

This annual assessment process, often called ‘trending,’ is a statewide requirement in Indiana implemented following court decisions around the early 2000s. It replaced less frequent reassessments and aims to keep property values more closely aligned with current market conditions year-to-year, using recent sales data to ensure a fairer, more gradual adjustment of the tax base across the county.

The assessed value detailed in the notice is a key factor in determining a property owner’s tax liability for the upcoming year. While assessment changes vary based on market trends in different areas, some residents may see an increase this cycle. One local homeowner, for example, reported their property’s assessed value climbed by 2.8% rising from $223,300 to $229,600.

Residents are encouraged to carefully review their assessment notice upon arrival. The notice contains important information about the property’s valuation and characteristics used in the assessment.

It’s helpful to understand the Assessor’s role in the broader property tax process. The Fayette County Assessor’s office is responsible for determining the market value-in-use, or assessed value, of each property. This assessed value data is then certified to the County Auditor’s office. The Auditor applies eligible deductions (like homestead or mortgage exemptions) and calculates the final tax bill based on tax rates approved for local government units (such as schools, townships, the city, and the county). Finally, the County Treasurer is responsible for mailing the tax bills and collecting payments.

Property owners who wish to dispute their assessed value as determined by the Assessor, or believe there is an error on their notice, have the right to initiate an official appeal process. Information regarding the specific procedures and forms required for this process, along with the strict filing deadlines, is typically included with the Form 11 notice. This information can also be found on the Fayette County Assessor’s office website or obtained by contacting their office directly. It is crucial for homeowners considering an appeal to understand and meet these deadlines.Remember, appeals regarding the assessed value should be directed to the Assessor’s office, not the Auditor or Treasurer.

https://www.in.gov/dlgf/understanding-your-tax-bill/notice-of-assessment-of-land-and-improvements-form-11/