Columbia Properties, Inc. v. State Board of Tax Commissioners

Appellant contends in this appeal that the County Board of Review of Vanderburgh County and the State Board of Tax Commissioners of the State of Indiana “arbitrarily, capriciously, wrongfully, unlawfully, illegally and without reasonable basis in fact,” placed property owned by it in grade “average” instead of “low cost” upon its reassessment under Chapter 225 of the Acts of 1949 (Acts 1949, page 722; Notes to §64-1019, Burns’ 1951 Replacement).

The above act provides for reassessment of all real estate in Indiana “under the general supervision of the State Board of Tax Commissioners.” It…