Richards v. Board of Equalization of Thayer County

This case involves a controversy concerning the value on January 1, 1963, of the east 35 feet of Lot 4, Block 16, Original Town of Hebron, Nebraska, for tax purposes. The trial court found the actual value of the property to be $15,500 and the assessed value to be $5,425. The county and the county board of equalization have appealed and the taxpayer has cross-appealed.

The subject property is located on the south side of Lincoln Avenue, facing north. It has a 35-foot frontage and a depth of 165 feet. It is occupied by a 1-story brick building 35 feet wide and 120 feet long. The east line of…