Local officials are hopeful the high court's decision will bring an end to a series of lawsuits filed by Walmart Real Estate Business Trust against Superior
Appraisals can be costly to prepare, in terms of dollars spent and time invested. Taxpayers would be at a disadvantage if they were compelled in every case to pay for appraisals to.
In conducting mass valuations, Indiana assessing officials generally apply the cost approach. The 2021 Real Property Assessment Manual states, “The Guidelines adopted by the Department .