Indiana Code — Title 6 (Taxation)
IC 6-1.1-4-14.1
Division and transfer of small parcels owned by county or
municipality to adjacent property owners; assessment
Sec. 14.1. (a) This section does not apply to land to which section 14 of this chapter applies.
(b) Land may be divided and transferred in equal shares to an adjacent property owner or owners who consent to the transfer of the divided land for no money if:
# (1)
a county, city, or town owns the land that is divided;
# (2)
the divided land has an area that does not exceed three hundred (300) square feet;
and
# (3)
the shape and area of the land or divided land indicates that the legal description of the land is in error.
(c) If land described in subsection (b) has not been transferred by deed to a person who holds the land adjacent to the land described in subsection (b), the land shall be assessed equally to the owner or owners of the adjacent parcel or parcels. However, the assessed value of the adjacent parcel or parcels shall be adjusted to reflect the assessed value attributable to the adjacent parcel or parcels.
(d) If an assessor and an adjacent property owner fail to agree on the area of land described in subsection (b) that the assessor assesses under subsection (c), the assessor shall have the county surveyor make a survey to determine the amount of land transferred under subsection (b) or assessed under subsection (c). The assessor shall use the results of the survey under this subsection to adjust the assessed value of the land assessed to the adjacent parcel owner or owners to reflect action taken under this subsection.
As added by P.L.171-2018, SEC.5.
Amendment history
As added by P.L.171-2018, SEC.5.
Source: view the official text
Nearby sections (25 sections)
- 6-1.1-4-11 · Destroyed property; order of reassessment by county…
- 6-1.1-4-11.5 · Reassessment of parcels affected by flooding; petition;
- 6-1.1-4-12 · Circumstances under which undeveloped land may be
- 6-1.1-4-12.4 · "Oil or gas interest"; assessment
- 6-1.1-4-12.5 · Repealed
- 6-1.1-4-12.6 · Assessed value of oil or gas interests; schedule; penalty
- 6-1.1-4-13 · Agricultural land; assessment; soil productivity factors
- 6-1.1-4-13.2 · Calculation of statewide agricultural land base rate…
- 6-1.1-4-13.5 · Repealed
- 6-1.1-4-13.6 · Determination and review of land values; certification;…
- 6-1.1-4-13.8 · Repealed
- 6-1.1-4-14 · Adjacent property holders; assessment or exemption of…
- 6-1.1-4-14.1 · Division and transfer of small parcels owned by county or
- 6-1.1-4-15 · Appraisal; examination of buildings
- 6-1.1-4-16 · Assessors' assistants; appropriation
- 6-1.1-4-17 · Employment of professional appraisers as technical advisors
- 6-1.1-4-18 · Repealed
- 6-1.1-4-18.5 · Professional appraisal; contract for services; bids…
- 6-1.1-4-19 · Repealed
- 6-1.1-4-19.5 · Professional appraising services; standard contract or…
- 6-1.1-4-20 · Professional appraisal; contract deadline
- 6-1.1-4-21 · Repealed
- 6-1.1-4-21.4 · Appraisal completion date and reporting requirements…
- 6-1.1-4-21.5 · Repealed
- 6-1.1-4-22 · Amounts of assessment or reassessment; notice