04/19/1989 Council Minutes - Laserfiche WebLink

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074 COUNCIL BOARD OF REVIEW APRIL 19, 1989 Mr. Nienaber said that there was not enough time this year and the only reason his was done was because his property was listed as incomplete and he had to go to review how much was done since the previous year. Mr. Bisel asked Mr. Nienaber if the State dictates what value must be placed on property. Mr. Nienaber explained that he must place a value on all property as close to real market value as possible. He must be within 90 to 110 percent. If he does not do this the State automatically adjusts all property values by a certain percentage to reach the goal. Harvey Seppanen, 6115 Holly Drive - Mr. Seppanen explained that his land value doubled and he asked Mr. Nienaber to come out and look at his property. Mr. Nienaber has now made an adjustment and he believed that it would reduce his valuation. Mr. Nienaber was asked how land was valued and if the same method was used throughout the County. Mr. Nienaber explained that there are basically five categories of land and each category has a specific value. Mr. Seppanen said he felt it would be helpful if Mr. Nienaber could post these values. He also said a schedule of how a house is valued could also be posted so that landowners could figure out how Mr. Nienaber calculated the market value on their property. Mr. Nienaber explained he could explain how property was valued better if the landowner would come into his office. He felt the system treated all property fairly and equitable. He did not feel this was the place to go over individual parcels since it would take a great deal of time. Acting Mayor Reinert told Mr. Seppanen that he is asking for an educational program that would take a lot of time. He felt this could be taken into consideration. Mr. Bisel suggested that Mr. Nienaber prepare a flyer that could be sent to residents outlining how their property was appraised. Richard Overholser, 6201 Holly Drive - PIN 33-31-22-31 -0004- Mr. Overholser explained that his valuation went up over 30%. He noted that the house is over 100 years old and eight of the fourteen (14) acres of land is only marginal. Mr. Nienaber explained how his property was appraised noting that the eight acres was valued at $2,000.00. He said he would come out and take a look if Mr. Overholser wanted him to do so. Wayne Dailey, 2244 Reiling Road, PIN 36- 31 -22 -13 -0007 - Mr. Dailey asked how Mr. Nienaber valued land. He explained that he had both FHA and a private bank appraise his property and Mr. Nienaber is $15,000 higher than either institution. Mr. Nienaber said his valuation was based on sales in the area. He noted that a lot nearby sold for $29,000. He said he would come out and take a look if Mr. Dailey so desired. Mr. _. Dailey said he would think about this and if he wanted Mr.