Simmons v. State Board of Tax Commissioners

FISHER, Judge.

The Petitioner, Jon B. Simmons (Simmons), appeals the final determination of the Respondent, the State Board of Tax Commissioners (the State Board), valuing Simmons's commercial property for the 1989 assessment.

ISSUE

Whether Simmons's property is entitled to an economic obsolescence adjustment to reflect the effects of its neighborhood.

FACTS AND PROCEDURAL HISTORY

Simmons owns property in Center Township, Marion County, Indiana. © The property consists of a lot and a 24-unit apartment building, which was built in the 1920s. For the 1989 assessment, the Center Township Assessor…